In-Flight Catering Market: Growing Number of Passengers Boosting Momentum || Key Players: Universal Weather & Aviation Inc., SATS Ltd., Saudi Arabian Airlines Corporation, Deutsche Lufthansa Aktiengesellschaft

A new Fact.MR study envisions the In-Flight Catering Market to create opportunity of more than US$ 9.5 Bn by the end of 2026. To deliver opulent in-flight experience to travelers coupled with demand of healthy in-flight meals irrespective of the travelling class is anticipated to propel the growth of in-flight catering market in near future.

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In-flight catering market growth is largely pushed by the increasing demand for main courses by passengers on-board. One of the main reason for high main course demand is the growing traffic in long-haul flights that have remained instrumental in fuelling demand for in-flight catering services on a large scale. In long haul flights, airlines are providing three course meals with beverages and salads offered as complementary dishes. This factor has significantly raised the demand for main courses, given their packaged benefits.

The segmentation analysis in the report offer in-depth study and insights on all the market segments incorporated. The in-flight catering market has been categorized into five segments, viz., offering type, provider type, service type, airline category, and region. Geographically, the in-flight catering market has been branched into Latin America, Japan, Middle East & Africa (MEA), Europe, Asia-Pacific excluding Japan (APEJ), and North America.

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Airlines use in-flight catering services to improve the in-flight experience of their passengers. Leading airlines across the globe are implementing advanced technologies in order to better their in-flight catering services, while adding innovation in food products as per cuisine preferences of consumers. In addition, they are following a unique trend of offering regional as well as continental meal options to their passengers, which helps satisfy specific meal requests of passengers, thus increasing passenger satisfaction levels.

The global market vary depending upon several factors such as offering types, service types, airline category, and provider types, which are also among the main segments of the global in-flight catering market. Offering types of in-flight catering services like
main courses, breakfast, starter & platters, desserts, and beverages, are common, among which main courses are expected to gain more demands in the future. Among the premium services and economy services offered in flight, economy catering services are more popular.

Europe region to dominate the global In-flight catering market throughout the forecast period followed by North America. However, APEJ region is projected to witness significant growth in-flight catering market till 2026.

According to the International Air Transport Association (IATA), the international and domestic air traffic across the global aviation industry has witnessed a significant surge since the past few years that has led to increased operational profits and overall net profits of airlines. Moreover, the increasing number of individuals opting for air travel is expected to boost the demand for in-flight catering services, in turn fuelling the growth of the in-flight catering market during the period of forecast.
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This release was published on openPR.