Inflight Catering Market Eyeing Bigger Moves: Gate Gourmet, Dnata, Jetfinity

The latest study released on the Global Inflight catering Market by HTF MI evaluates market size, trend, and forecast to 2030. The Inflight catering market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include: Gate Gourmet (Switzerland), LSG Sky Chefs (Germany), Sats Ltd. (Singapore), Cathay Pacific Catering Services (H.K.) Ltd. (Hong Kong), Dnata (United Arab Emirates), Flying Food Group (United States), Emirates Flight Catering (United Arab Emirates), IGS Catering Services (India), Jetfinity (United States), Newrest International Group S.A.S (France),

According to HTF Market Intelligence, the global Inflight catering market is valued at USD 18045 Million in 2023 and estimated to reach a revenue of USD 25592 Million by 2030, with a CAGR of 6% from 2023 to 2030.

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Definition:
Inflight catering or airline food is a service provided by the companies to passengers during air travel as well as at the airport. Inflight Catering becomes an important part of the business nowadays, especially for the flights which serve long distances. Inflight catering includes two procedures in order to deliver the best possible services to the on-board passengers which are Meal planning and meal design. These meals are organized by expert airline catering services and served to passengers using an airline service trolley. According to the International Air Transport Association (IATA), catering planning and catering procedures are important areas for inflight services. The quality and quantity of the meals served in-flight differs by the different airline companies and class of travel of an individual. The rapid growth of the aviation industry is giving fuel to inflight catering in the market.

Market Trends:
Introduction of Concepts like Retail On Board and Personal In-Flight Chefs
Introduction of Beverages like Premium Wines to Satisfy the Business and First Class Passengers
Offering Regional as well as Continental Meal Options to the Passengers

Market Drivers:
Development and Growth of the Aviation Industry.
Rising Consumer Spending and Affordable Air Travel in Emerging Economies
Integration of Technology for the Ordering of Food and Beverages OnBoard
A Rise in the Number of Domestic and International Air Travel

Market Opportunities:
Food Innovations to Present Lucrative Food to the Passengers.
Implementing Advanced Technologies in Order to Better their In-Flight Catering Services

Market Leaders & Development Strategies:
In March 2022, Newrest announced that it has begun providing hot meal services on Air Transat two-class flights from nations such as Belgium, England, France, the Netherlands, Portugal, and Spain.

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The Global Inflight catering Market segments and Market Data Break Down are illuminated below:
Inflight catering Market is Segmented by Application (Meal (Vegetarian, Kosher, Halal, Vegan, Others), Bakery & Confectionery, Soft Drinks, Wine and Alcohol, Snack Packs, Others) by Type (Economy Class, Premium Economy, Business Class, First Class) and by Geography (North America, South America, Europe, Asia Pacific, MEA)

Global Inflight catering market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
• -To carefully analyze and forecast the size of the Inflight catering market by value and volume.
• -To estimate the market shares of major segments of the Inflight catering
• -To showcase the development of the Inflight catering market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Inflight catering market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Inflight catering
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Inflight catering market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:
Inflight catering Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Inflight catering market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Inflight catering Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Inflight catering Market Production by Region Inflight catering Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Inflight catering Market Report:
• Inflight catering Overview, Definition and Classification Market drivers and barriers
• Inflight catering Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Inflight catering Market
• Inflight catering Capacity, Production, Revenue (Value) by Region (2023-2030)
• Inflight catering Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Inflight catering Production, Revenue (Value), Price Trend by Type {Economy Class, Premium Economy, Business Class, First Class}
• Inflight catering Manufacturers Profiles/Analysis Inflight catering Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
• How feasible is Inflight catering market for long-term investment?
• What are influencing factors driving the demand for Inflight catering near future?
• What is the impact analysis of various factors in the Global Inflight catering market growth?
• What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 (434) 322-0091
sales@htfmarketreport.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.