In-Flight Catering Service Market Outlook and Business Opportunities | Key Vendors: SATS, Servair, Emirates Flight Catering, dnata , Air Culinaire Compass Group, Do & Co, Egypt Air In Flight Services, Gate Gourmet, Goddard Catering

In-Flight Catering Service Industry 2018 Global Market research report provide detailed analysis of growth factors of the In-Flight Catering Service industry as well as it gives analysis of market share, trends, size, Business Methodologies, Financial Overview, Growth Prospects and forecast till 2021. The In-Flight Catering Service industry report has studied key Strategies in the market i.e Emerging and Manipulating factor which is useful to the Sales revenue and business Generation.

Market Research Future (MRFR) has published a research report about the global in-flight catering service market. This report projects 5% CAGR (Compound Annual Growth Rate) between 2016 and 2021. According to this report, global in-flight catering service market has been segmented into aircraft class, flight type, catering-type, and lastly, region. On the basis of aircraft class, segmentation of global in-flight catering service market features business class, economy class, first class, and premium economy class. Flight types have been segmented into full service and low-cost service. Based on catering types, the market segmentation covers bakery & confectionary, beverages, meals, and others.

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The global in-flight catering services market is anticipated to grow owing to the increasing rate for Air Travels worldwide. The market is forecasted to demonstrate an upsurge growth by 2021, with a substantial CAGR of 5% during the projected period (2016 -2021).

Major Key Players
In the global in-flight catering service market, key players include Air Culinaire (USA), Compass Group (UK), Do & Co (Austria), Egypt Air In-Flight Services (Egypt), Emirates Flight Catering (United Arab Emirates {UAE}), Gate Gourmet (Switzerland), SATS (Singapore), Servair (France), dnata (UAE), and Goddard Catering (Barbados).

Segmentation:
The global in-flight catering service market report is primarily segmented in to 4 categories:
On The Basis Of Aircraft Class: First Class, Business Class, Premium Economy Class and Economy Class
On The Basis Of Flight Type: Full Service and Low Cost
On The Basis Of Catering Type: Bakery & Confectionary, Meals, Beverages and Others
On The Basis Of Region: Asia Pacific, Europe, North America, Latin America and the Middle East & Africa

Regional Analysis
The regional segmentation of global in-flight catering service market segments the market into regions namely The Americas (North America & South America), Europe, Asia Pacific, and Middle East & Africa (MEA). During the forecast period, Asia Pacific is expected to dominate the market with 6% CAGR (only for the Asia Pacific market). The reasons for the rise of Asia Pacific market are disposable income, rapid urbanization, tourism attributed to rising gross domestic product (GDP), and resurgence in discretionary spending, increase in international travel, rising standard of living to complement aspirational traveling. By 2021, China is expected to become the world's second-largest source of business travel after the United States of America (USA), superseding Japan in the process. In the Asia Pacific, Australia, China, India, Japan and New Zealand are the biggest markets for in-flight catering service, followed by remaining countries of Asia Pacific. In North America, the biggest markets are Canada and the USA. Brazil has emerged as the largest market in South America. Other countries of the Americas make a significant contribution to the market. In Europe, the cream of in-flight catering service market comprises of France, Germany, Italy, Spain, and United Kingdom (UK), followed by rest of Europe. The forecast period also predicts that MEA will be one of the fastest growing regions amongst all the regions of the world. The development of the aviation market in the Middle East is making faster progress, compared to the aviation market in Africa where the air connectivity is relatively poor as a whole. Due to low-cost aircrafts being popular and catering services becoming popular, Europe and Asia are likely to remain as steady markets.

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