In-Flight Catering Service Market Size, Comprehensive Analysis, Development Strategy, Future Plans and Industry Growth with High CAGR by Forecast 2030

The Global In-Flight Catering Service Market size is estimated to be USD 18.67 billion in 2019 and is predicted to reach USD 26.68 billion by 2030 with a CAGR of 3.3% from 2020-2030.

In-Flight Catering Service deals with the in-flight meals served to the passengers and cabin crew is prepared by the catering companies and provided to the flights. These catering companies have to follow the guidelines and regulations provided by the airlines which different from region to region. Such as Etihad Airways, Egyptair has special regulation that meat provided on the flight should be halal certified with no pork as per the Islamic customs.

Access Full Description of this report at:-

https://www.nextmsc.com/report/in-flight-catering-service-market

Top Companies: Newrest Group International S.A.S, Gategroup, LSG Sky Chefs, SATS Limited, Do & Co, Emirates Flight Catering, Flying Food Group LLC, Cathay Pacific Airways Limited, Royal In-Flight Catering and others.

Market Dynamics and Trends

There have been developments in the living standards owing to increase in disposable income and increase in tourism industry. Furthermore, increase in air travel, coupled with increase in airlines which are further expected to propel the growth of in-flight catering service market.

The other factors include increase in domestic and international flights coupled with increase in long distance flight coupled with increased adoption of online food booking has also increased the airlines collaboration with catering service provider are also expected to fuel the market growth. However, lack of food choice s provided by the airlines is expected to hamper the growth of in-flight catering service market. Moreover, increase in aviation industry and increasing collaboration coupled with increased investment are expected to create ample opportunities in the in-flight service market over the forecast period.

Request sample copy of this report at:-

https://www.nextmsc.com/in-flight-catering-service-market/request-sample

Market Segmentations and Scope of the Study:

The global in-flight catering service market share is analyzed on the basis of aircraft class, flight type, food type and geography. On the basis of aircraft class, the market is segmented into Economy Class, Business Class, and First Class. Based on flight type, the market is fragmented into full service and low cost. On the basis of food type, the market is divided into Meals, Bakery and Confectionary, Beverages, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to account for the major market share over the forecast period with increased adoption of in-flight catering services. Furthermore, increase in aviation industry coupled with increased international and domestic flights are also expected to fuel the growth of in-flight catering service market over the forecast period.

Asia Pacific is expected to show significant growth with increasing market share owing to the increase in disposable income coupled with increased adoption of online meal booking with increasing collaboration in the market are further expected to propel the growth of in-flight catering service market over the forecast period.

Contact:
Phone Number: +1-217-650-7991
E-mail: info@nextmsc.com

About Next Move Strategy Consulting:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

For more insights, please visit, https://www.nextmsc.com

This release was published on openPR.