In-Flight Catering Services Market, Growth and Price Analysis Statistics, Top Companies and Forecast 2028

Latest research report study on "In-flight Catering Service Market Size, Global Analysis and Forecast to 2025," the 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 demand for In-flight Catering Service is primarily driven by increase in demand for passengers opting air travelling as a mode of transportation. Further, with the increase in disposable income, the passengers are now using the paid food services offered by airline companies. Owing to these factors, airline companies and caterers are forming strategic alliances to improve consumer in-flight experience.

Get Detailed Information for In-flight Catering Service Market Research Report at - https://www.theinsightpartners.com/sample/TIPAD00002360/?utm_source=OpenPR&utm_medium=10590

Egyptair In-Flight Services, Newrest Group, ANA Catering Service Co., Ltd., Flying Food Group, Saudi Airlines Catering, SATS Ltd., Deutsche Lufthansa AG, LLC, Emirates Flight Catering, gategroup, and DO & CO Aktiengesellschaft are a few key In-flight Catering Service Market players profiled in the study. Several other major market players were studied and analyzed during this market research study to get a holistic view of the market and its ecosystem. The report provides detailed market insights, which helps the key In-flight Catering Service Market players strategize their growth.

The In-flight catering service market is highly consolidated with only few players sharing the larger pie of the global in-flight catering as a service market. On the basis of aircraft class segment, the economy class is holding a high market share followed by premium economy and business class. The catering services vary from class to class. First class catering services include the highest standard of food and service to the customers, whereas some deductions in the product as well as service is observed in the subsequent lower classes of aircrafts. The In-flight catering service are in operations to cater the needs of air travelers of all classes of aircraft to enhance the overall customer experience during the course of travel which creates significant opportunities for the companies to enhance its catering services In-flight catering service market.

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

Speak to Our Specialists regarding In-flight Catering Service Market report queries at - https://www.theinsightpartners.com/speak-to-analyst/TIPAD00002360/?utm_source=OpenPR&utm_medium=10590

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.

The aviation industry is experiencing a huge air traffic directly proportion to increase in the income level and better standard of living. Despite of different challenges regarding increase in the aviation fuel costs, technological issues, and others, the airline industry is witnessing a steady growth. In the in-flight catering service market, the catering type includes the type of food provided to the passengers. The catering services is also surrounded by several challenges related to in-flight catering service which is encompass of selection of food, preference of food selection depends upon regional demographics of air travelers, duration of flight, Short-haul & long-haul of flights, willingness and spending level of passengers, and others. In respect to geographical locations, preference of food and cuisine also witness array of deviations. The food served on-board is categorized into full meal and snacks. The full meals catering type is served in the flight depends upon the number of long-haul flights scheduled every day. Also, increase in air traffic of long-haul flights throughout the globe coupled with a sharp rise in the number of passengers boarding these flights are the prime factors that would drive the demands for full meal during air travel.

Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods https://www.theinsightpartners.com/buy/TIPAD00002360/?utm_source=OpenPR&utm_medium=10590

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.