In-flight Catering Service Market Investment Scenario Strategic Analysis 2025 | Top Key Players are Egyptair In-Flight Services, Newrest Group, Saudi Airlines Catering, Flying Food Group and Emirates Flight Catering

According to the new research report published by The Insight Partners, titled "In-Flight Catering Service Market - Global Analysis and Forecast to 2025", The global in-flight catering service market is expected to grow at a CAGR of 6.4% during the forecast period 2018 - 2025, to account to US$29.0 Bn by 2025.

In 2017, Europe accounted for the largest revenue share in the in-flight catering service market. The in-flight catering service market is well established in European countries followed by North American countries and Asian countries. The rising number of passengers in European countries is demanding increased number of aircrafts. The increasing procurement of aircrafts, is leading the airlines to offer outsourced or in-house catering service providers to introduce their full meals and snacks on the newer fleets. This is catalyzing the demand for in-flight catering service market in Europe.

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Key vendors engaged in the In-flight Catering Service market and 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 Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Aerospace and Defense, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall In-flight Catering Service market globally. This report on 'In-flight Catering Service market' provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2025, factoring the impact of Covid -19 Situation.

Similar trend is also observed in North American countries. In addition, the North American mass has higher disposable income, which enables them to invest in luxuries and thus, the air travelers in the US, Canada and Mexico invest substantial amounts in on-board catering while travelling. Asia Pacific and Middle East and Africa regions are expected to be witness significant growth rate, owing to rising disposable income, increasing air travel, and growth of low cost airlines in the regions. Moreover, the introduction of services from various European and North American in-flight catering service provider in the Asia Pacific and Middle East and Africa region is also driving the market for in-flight catering service in these two regions.

Researchers also carry out a comprehensive analysis of the recent regulatory changes and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.

Key findings of the study:

- Europe is anticipated to account the largest in-flight catering service market share
- Based on the catering service, outsourced catering service is projected to dominate the in-flight catering service market
- Full meal led the in-flight catering service market by catering type in 2017
In 2017, the economy segment dominated the market by aircraft class

The recent changes in the commercial aviation market leading to its gradual recovery from the global financial crisis have had an ambivalent effect on in-flight catering providers. On the one hand, the rising number of aircraft in the industry has created a growing demand for on-board catering services. On the other hand, the way catering providers operate could not remain the same as it had been prior to 2008, since the pressure to cut down expenses has led airlines to re-think their business models. In the market where outsourcing seems to be a solution largely favored by airlines, catering providers had to come up with ways of adapting and re-qualifying in order to survive.

Key points from Table of Content:

1. Introduction
2. Key Takeways
3. Research Methodology
4. In-flight Catering Service Market Landscape
5. In-flight Catering Service Market - Key Market Dynamics
6. In-flight Catering Service Market - Global Market Analysis
7. In-flight Catering Service Market - Revenue And Forecasts To 2027 - Type
8. In-flight Catering Service Market - Revenue And Forecasts To 2027 - Technology
9. In-flight Catering Service Market - Revenue And Forecasts To 2027 - End User
10. In-flight Catering Service Market Revenue And Forecasts To 2027 - Geographical Analysis
11. Industry Landscape
12. In-flight Catering Service Market, Key Company Profiles

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