In-Flight Catering Service Market 2018 Size, Share, Competitive Analysis by Key Leaders: SATS, Servair, Emirates Flight Catering, dnata, Air Culinaire, Compass Group, Do & Co, Egypt Air In Flight Services

Market Highlights:

In-Flight Catering Service sector is becoming some growth dynamics for the health of the aviation sector. Better catering service assures more sale for Airline companies. Travelers are keener on the menu/food provided them in flight and increasingly demanding for nutritious food options. Perceiving a shift in passenger food preferences attributing to the growing consumer awareness over the nutritional value of food and rising health consciousness; the airline industry is therefore willing to pay a price premium for high quality, nutritious food.

Major Income of the aircraft catering services comes from full service carriers and their slowing growth rates in comparison to the low-cost carriers would limit the growth in the aircraft catering services market. Commercial Aviation is a highly competitive business and carriers have to continuously stay ahead of the game in order to retain market share. The expectations of passengers flying in full fare airlines rising and carriers will continue to invest higher amounts in the sector.

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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).

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).

Growth Drivers & Restraints of Global In-Flight Catering Service Market

Global In-Flight Catering Service Market is driven by the growth in airline passengers over the past few years. Growth dynamics in the global airline catering market are extremely reliant on the growth of the aviation sector. Increased emphasis on quality food services and passenger preferences to pay for premium food are some of the key drivers for the market growth. Also, factors such as rising disposable incomes, increasing airline passengers, advancement of technology in flight food ordering system, rising on-board catering is contributing to the market growth. Additionally, growing customer demand for nutritious food options led by growing awareness over the nutritional value of food, rising health consciousness are some of the additional factors supporting to the market growth.

Segmentation:

The global in-flight entertainment market can be segmented by platform, product, and service.
Platform-based segmentation of the in-flight entertainment market includes narrow body aircraft, wide-body aircraft, and business jets. Narrow body aircrafts control 66.94% of the market with a valuation of USD 2,206.4 million. It can showcase the highest projected CAGR of 13.43% during the review period.

Product-based segmentation of the in-flight entertainment market comprises hardware and connectivity. Connectivity can further be segmented into wired and wireless. Wireless can be sub-segmented into antenna, wireless LAN controller, wireless access point, wireless hotspot gateway, and others. Hardware segment registers the maximum growth with 61.02% of the market share and valuation of USD 2,011.3 million. It can expect a CAGR of 12.55% during the forecast period.

Service-wise, the in-flight entertainment market includes video display system, data connectivity, flight tracker, and others. Video display systems, with a market value of USD 1,711.9 million and 51.94% market share lead the segment. Its projected CAGR for the forecast period is 13.17%.

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Regional Analysis

Region-specific segmentation of the in-flight entertainment market encompasses namely North America, South America, Europe, Asia Pacific (APAC) and the Middle East & Africa (MEA).
With 32.99% of he total market share, North America is leading the section. Its current market value is of USD 1,087.3 million with a projected CAGR of 13.05% during the forecast period. The presence of major flight companies and the intense competition they face can surely give the regional market an unprecedented boost. Furthermore, the region may get additional 10,000 aircrafts by 2035 which can directly trigger market growth. The APAC can experience significant growth with China and India accumulating substantial market share.

TABLE OF CONTENT

1 Introduction
1.1 Report Description
1.2 Research Objective
2 Executive Summary
2.1 Key Findings / Highlights
2.1.1 Investment Opportunities
2.1.2 Market Strategies
2.1.3 Latest Developments
………..
15 COMPANY PROFILE
15.1 SATS
15.1.1 Company Overview
15.1.2 Product/Business Segment Overview
15.1.3 Key Financial
15.1.4 Key Developments And Strategies
15.2 SERVAIR
15.2.1 Company Overview
15.2.2 Product/Business Segment Overview
15.2.3 Key Financial
15.2.4 Key Developments And Strategies
15.3 EMIRATES FLIGHT CATERING
15.3.1 Company Overview
15.3.2 Product/Business Segment Overview
15.3.3 Key Financial
15.3.4 Key Developments And Strategies
15.4 DNATA
15.4.1 Company Overview
15.4.2 Product/Business Segment Overview
15.4.3 Key Financial
15.4.4 Key Developments And Strategies
15.5 AIR CULINAIRE
15.5.1 Company Overview
15.5.2 Product/Business Segment Overview
15.5.3 Key Financial
15.5.4 Key Developments And Strategies

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