In-Flight Catering Service Industry 2018 will Hit substantial growth with CAGR of 5% Anaysis by Global Leaders: Emirates Flight Catering, dnata, Air Culinaire, Compass Group, Egypt Air In Flight Services, Gate Gourmet

In-Flight Catering Service Market 2018 Research Report – Global Industry Forecast to 2021, is latest research report on Global In-Flight Catering Service industry published by Market Research Future. Report provides comprehensive information on Global In-Flight Catering Service Market forecast, historic data, with business development strategies, upcoming opportunities, and regional outlook. The market is forecasted to demonstrate an upsurge growth by 2021, with a substantial CAGR of 5% during the projected period (2016 -2021).

Global In-Flight Catering Service Market by Aircraft Class (First Class, Business Class, Premium Economy Class, and Economy Class), by Flight Type (Full Service and Low Cost), by Catering Type (Bakery & Confectionary, Meals, Beverages, and Others), and by Geography - Forecast To 2021

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Latest Industry News
• Malta-based airline Air Malta has launched an economy class in-flight catering service on board its flights. The decision was taken with an aim towards growth strategy, and to enhance the in-flight service and experience. Plans for menu change are on the cards, with items seasonally depending on the feedback from passengers.
• Vistara has abandoned its box-meal concept. From now on, the airline is serving in-flight meals on usual trays for economy class passengers instead of the box.
• The airline is also replacing fork and spoon with the spork, plastic casseroles with aluminum dishes, plastic straws and stirrers with paper or wooden ones, and disposable bowls in economy class with reusable ones.

Major Key Players
• 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).

Regional Analysis
The regional analysis of global in-flight catering service market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. APAC will dominate the market in the forecast period growing at a CAGR of around 6%, followed by Americas and EMEA. Rapid urbanization, resurgence in discretionary spending, increase in international travel and tourism attributed to Rising GDP, and consequently, disposable income and rising standard of living to complement aspirational travelling, are factors poised to drive growth in the Asia Pacific region.
By 2021, China is expected to supersede Japan to become the world's second largest source of business travel after the United States. The Middle East is also emerging as a hub of international airline activity, with the region registering the highest number of order bookings for new aircraft.

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Regional and Country Analysis of In-Flight Catering Service Market

APAC will dominate the market in the forecast period growing at a CAGR of around 6%, followed by Americas and EMEA. Rapid urbanization, resurgence in discretionary spending, increase in international travel and tourism attributed to Rising GDP, and consequently, disposable income and rising standard of living to complement aspirational travelling, are factors poised to drive growth in the Asia Pacific region.

By 2021, China is expected to supersede Japan to become the world's second largest source of business travel after the United States.

The Middle East is also emerging as a hub of international airline activity, with the region registering the highest number of order bookings for new aircraft.

The reports also cover country level analysis:

The market report for In-Flight Catering Service Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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