Press release
In-flight Catering Service Market is Thriving high by top key players Egyptair In-Flight Services, ANA Catering Service Co., Ltd., Newrest Group, Saudi Airlines Catering, SATS Ltd., Flying Food Group, Emirates Flight Catering, Deutsche Lufthansa AG, DO &
The global In-flight catering service market accounted for US$ 17.96 Bn in 2017 and is expected to grow at a CAGR of 6.4% over the forecast period 2018-2025, to account for US$ 29.00 Bn in 2025.The interest for In-flight Catering Service is fundamentally determined by increment sought after for travelers picking air going as a method of transportation. Further, with the expansion in extra cash, the travelers are presently utilizing the paid nourishment administrations offered via carrier organizations. Inferable from these elements, aircraft organizations and food providers are framing vital coalitions to improve buyer in-flight understanding.
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Companies Covered in this Report
1. Egyptair In-Flight Services
2. ANA Catering Service Co., Ltd.
3. Newrest Group
4. Saudi Airlines Catering
5. SATS Ltd.
6. Flying Food Group, LLC
7. Emirates Flight Catering
8. Deutsche Lufthansa AG
9. DO & CO Aktiengesellschaft
10. Gategroup
The In-flight providing food administration advertise is exceptionally united with just couple of players sharing the bigger pie of the worldwide in-flight cooking as an administration showcase. Based on airplane class fragment, the economy class is holding a high piece of the pie pursued by premium economy and business class. The providing food administrations differ from class to class. Five star cooking administrations incorporate the most astounding standard of sustenance and administration to the clients, though a few reasonings in the item just as administration is seen in the ensuing lower classes of air ships. The In-flight providing food administration are in tasks to cook the requirements of air voyagers of all classes of air ship to improve the general client experience over the span of movement which makes critical open doors for the organizations to upgrade its providing food benefits In-flight cooking administration showcase.
On the basis of aircraft class, the in-flight catering service market is segmented into first class catering service, business class catering service, premium economy class catering service, and economy class catering service. The economy segment is the leading is anticipated to continue its dominance in the in-flight catering service market. However, premium economy segment is projected to grow at a high rate in the in-flight catering services market. The catering services offered to the passengers varies from class to class. On the basis of carrier type, the in-flight catering service market is segmented into full service carrier and low cost carrier. The major difference between different classes of air travel tickets lies between the seats and the services offered to the customer.
The low cost carriers are experiencing significantly high fleet demand, these carriers are increasingly introducing food and catering services on board, in order to maintain their market position as well as increase the passenger count. Several low cost carriers fly overseas, which encounters catering demand for local as well as destination country foods. This fact has catalyzed the in-flight catering services among the low-cost carriers, which is triggering the growth of market for global in-flight catering services in the current scenario.
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The overall In-flight Catering Service market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the In-flight Catering Service market. It also provides the overview and forecast for the global In-flight Catering Service market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the In-flight Catering Service industry.
Table of Contents
1. INTRODUCTION
2. KEY TAKEAWAYS
3. IN-FLIGHT CATERING SERVICE MARKET LANDSCAPE
3.1 MARKET OVERVIEW
3.2 MARKET SEGMENTATION
4. IN-FLIGHT CATERING SERVICE MARKET – KEY INDUSTRY DYNAMICS
4.1 KEY MARKET DRIVERS
4.1.1 Rising Number of Air Passengers Globally
5. IN-FLIGHT CATERING SERVICE MARKET – GLOBAL ANALYSIS
6. IN-FLIGHT CATERING SERVICE MARKET REVENUE AND FORECAST TO 2025 – CATERING SERVICE
6.1 OVERVIEW
6.2 GLOBAL IN-FLIGHT CATERING SERVICE MARKET BREAKDOWN, BY
Continue.....
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