In-Flight Catering Market Overview: Food Innovations to Present Profitable Growth Opportunities across the Regional Markets through the 2018-2026

An insightful report published recently by Fact.MR exerts an exhaustive study on the in-flight catering market, which can be leveraged by the readers to sustain their competitiveness in the in-flight catering market. The In-Flight Catering Market is foreseen by the report to record a steady 5.3% CAGR during the period of forecast (2017-2026). By delivering estimations on the competition intensity attractiveness related to in-flight catering market, the report further enables the clients to better understand the competition and devise their business direction accordingly.

In-flight catering is an advanced, skill and quality-oriented technology developed to provide good-quality, healthy meals, including main course, breakfast, beverages, etc., to passengers as well as crew members, which is different from the normal food catering services offered in a restaurant or a cafe. In-flight catering services mainly focus on serving fresh food while emphasizing on maintaining hygiene in order to offer good in-flight experience to the passengers, which are well-planned according to the factors like flight time schedule, and management of trolleys.

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Be it international or domestic, the increasing number of individuals preferring air travel remains a key factor influencing the growth of the in-flight catering market, given the . Moreover, different types of in-flight catering services offered in airlines are attracting new businesses across the globe which has made it compelling for in-flight catering service providers to offer high quality and timely services. That said, in-flight catering service providers are investing in technologies to ensure smooth in-flight catering operations and produce meal packages for a large bulk of passengers.

Demand for in-flight catering continues to remain concentrated in the European countries on back of increasing number of individuals travelling to Europe by air either for business or tourism. This factor has a dual complementing advantage as it has driven growth of aviation industry in Europe that in turn is influencing the use of in-flight catering, promoting growth of in-flight catering market in Europe. Furthermore, the growing international tourism has also impacted growth of aviation industry in emerging economies of Asia Pacific excluding Japan (APEJ), making it a lucrative market for in-flight catering services.

Many such insights have been covered in a new research report by FactMR that projects the in-flight catering market to expand at a CAGR 5.3% of in terms of value during the period of forecast, 2016. In combination with increasing number of passengers preferring air travel, the rising demand for quality and hygienic main courses, breakfast and beverages have propelled the growth of the in-flight catering market during the period of forecast.

In-flight catering market growth is largely pushed by the increasing demand for main courses by passengers on-board. One of the main reason for high main course demand is the growing traffic in long-haul flights that have remained instrumental in fuelling demand for in-flight catering services on a large scale. In long haul flights, airlines are providing three course meals with beverages and salads offered as complementary dishes. This factor has significantly raised the demand for main courses, given their packaged benefits.

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According to the International Air Transport Association (IATA), the international and domestic air traffic across the global aviation industry has witnessed a significant surge since the past few years that has led to increased operational profits and overall net profits of airlines. Moreover, the increasing number of individuals opting for air travel is expected to boost the demand for in-flight catering services, in turn fueling the growth of the in-flight catering market during the period of forecast. According to analysis of International Air Transport Association (IATA), more than seven billion passengers are expected to opt for air travel by end of 2036, with a 3.6 percent year-on-year growth. That said, in-flight catering service providers are focusing on providing better service quality to customers in in order to attract more passengers from a business development standpoint. This factor is expected to fuel demand for various in-flight catering services, consequently driving the growth of the in-flight catering market during the period of assessment.

Table of Contents

1. Global In-Flight Catering Market – Executive Summary
2. Global In-Flight Catering Market Outlook Overview

2.1. Introduction

2.2. Market Definition

2.3. Scope of Report

2.4. Mega Trends

3. Market Dynamics

3.1. Key Growth Drivers

3.2. Market Challenges

3.3. Industry Trends

3.4. In-Flight Catering Market Growth Opportunities

3.5. Wheel of Fortune

4. Associated Market Indicators Assessment

4.1. Airlines Fleet Statistics by Prominent Countries

4.2. Supply Chain

4.3. In-Flight Catering Survey

4.4. In-Flight Catering Market Key Insights

4.5. Key Developments

4.6. PESTLE Analysis

4.7. Market Positioning by Regions

4.8. Investment Feasibility Matrix

4.9. Key Players Market Presence (Intensity Map) by Regions

Continued………………………………

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