In-Flight Catering Services Market Growth Factors, Competitive Landscape and Revenue Forecast till 2025

Posted on 2020-04-08 by researchinsights in Consumer Services // 0 Comments

08^th Apr 2020 – Global In-Flight Catering Services Market is estimated to grow considerably in the coming years owing to the growth in air passengers and enhanced service innovations by airline firms. Inflight catering services offer food and meals to the passengers on-board. They not only provide meals to the aircraft passengers but also serve to the restaurants at the airport terminals. Newly built airports have several outlets that offer variety of food items & beverages to the passengers. Food catering service for passengers during their journey is contracted by flight catering group of a renowned hotel, or by the catering group operated by the airline itself as a business, or by any catering contractor.

Various brands of food & snacks worldwide are expected to enter in-flight catering services market due to its high profitability and growing customers’ preference. Moreover, the introduction of mobile and online ordering systems is further predicted to fuel the market. Presently, the major problem faced by airlines is the narrow passageway aircraft that allows limited number of standardized food items to serve. On the other hand, few jumbo jets allow comparatively wider range of foods due to availability of large space.

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The key drivers of in-flight catering services market comprise the increase in number of passengers who wish to have nutritious and healthy food irrespective of the seating class. The economy passengers are now demanding high quality food items, which is again expected to boost the market. To offer something unique to customers, in-flight catering service providers are emphasizing on providing culturally diverse food to the passengers. The inclination of buy on-board food is also increasing with the airlines abolishing the idea of complimentary meals.

Healthy snacks and mini-meals are also gaining attraction along with increasing number of health conscious passengers. The in-flight catering services market also looks for food safety, which is becoming one of the key areas of focus due to food quality and hygiene becoming major factors for travelers before selecting the airline. Furthermore, technological improvements for in-flight ordering systems is also propelling the growth of the market. For example, airline business have started making use of digital devices to receive food and beverages order from on-board passengers. Nevertheless, the major challenge faced by in-flight catering services market is aiming on reducing cost and weight for optimizing fuel consumption.

The market is categorized on the basis of service type, provider type, offering type, airline category, and geography. On the basis of service type, market is divided into economic service and premium service among which economic service is expected to register significant market share in terms of revenue.

Top Players Analysis covered in these report

SATS
Lufthansa Group
Brahim’s Group
Newrest
Perth Inflight Catering
Alpha Group
Saudi Airlines Catering
Abby’s Catering
AAS Catering
ANA Catering
Cathay Pacific Catering Services
Christopher’s Inflight Catering
Flying Food Group and many others

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The key points of this report are:

To study and forecast the market size of In-Flight Catering Services in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

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