In-Flight Catering Service Industry Growing with substantial CAGR of 5% | Industry segmented in to 4 dynamics by Aircraft Class, by Flight Type, by Catering Type and Geography

The report on the global In-Flight Catering Service market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.

Urbanization and the expansion of cities, combined with rising disposable income, particularly in emerging economies has resulted in increased demand for air travel and expansion of local as well as global airport networks. This has also led to airlines expanding their airplane fleets to accommodate the increased demand for local and international flights across the globe. The in-flight catering service scenario has changed to accommodate the cheaper airfare with many airlines allowing consumers to choose meals at the time of booking or order from menus in-flight. This has resulted in increased onboard catering. Trends that have been observed in the in-flight catering service market which are expected to foster growth include rising health consciousness among consumers and increasing demand for a variety of food options. As a result, airlines are now offering a wide range of nutritional options which cater to a wide range of dietary preferences.

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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).

Latest Industry News

dnata has successfully acquired 121 Inflight catering in an effort to expand its catering operations in the U.S.
Aeroflot has added new functions to its mobile app. One of these functions allows passengers to order special meals from an a la carte menu.

Market Segmentation

Several key market dynamics have been taken into account while segmenting the global in-flight catering service market. MRFR's report segments the global market on the basis of aircraft class, flight type, catering-type, and region. Aircraft class has been primarily divided into first class, business class, premium economy class, and economy class. The economy has the largest share of the market due to its high affordability in relation to other aircraft classes.
Flight types in the global in-flight catering service market include full service and low cost. The full-service segment accounts for nearly 80% of the total market share and is expected to retain its position throughout the forecast period.
Catering types included in in-flight catering service are segmented into meals, beverages, bakery & confectionary, and others. Meals dominate the market with a share between 50 to 55% and is followed by the bakery & confectionery segment and beverages segment.

Regional Analysis

The Asia Pacific is slated to attain leadership position in the global in-flight catering market. The rapid rate of urbanization in the region, as well as the increased set up of airport infrastructure and rising disposable incomes, has led to an explosive demand for local and international air travel. Increasing travel and tourism in the region is also a key factor driving the growth of the market. Moreover, the Middle East is also a rapidly growing market due to the presence of strong competitors and its emergence as a hub of international airline activities.

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
………..

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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
Continued….

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