In-Flight Catering Service Market 2024 Size, Share, Industry, Forecast to 2030

The In-Flight Catering Service Market 2024 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global In-Flight Catering Service market. This report explores all the key factors affecting the growth of the global In-Flight Catering Service market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

In-Flight Catering Service Market Segmentation are:

by Aircraft Class (Economy Class, Business Class, and First Class), Flight Type (Full Service and Low Cost), and Food Type (Meals, Bakery & Confectionary, Beverages, and Others)

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In-Flight Catering Service Market 2023 Overview:

In-flight catering service or airline catering is a service provided by companies during air travel to the passengers. In-flight catering is a very critical part of the airline business, especially for the network carriers that offer long haul (long distance) service. Meal design and meal planning are important process of in-flight catering service. According to International Air Transportation Association (IATA), catering planning and operation are important. For instance, a large-scale flight catering production unit may employ over 800 staff to produce as many as 25,000 meals per day during peak periods. A large international airline company may have hundreds of takeoffs and landings every day from just their main hub. These facts and others like them make flight catering unlike any other sector of the catering industry.

Airlines were becoming aware regarding the importance of the in-flight service, and introduced custom-built galleys, complete with water boilers, hot cups, and flasks. Developments also took place to ensure that tray equipment, such as cups, plates, cutlery, and glassware, were light weight and can be stored in confine space. Internet technology has permitted advances in the interfacing of airlines, caterers, and suppliers with a comprehensive e-commerce-based system. The launch of eLSG.SKYCHEFS and e-gatematrix in 2001 has enabled the worlds two largest flight caterers assist in areas of equipment management, procurement, and basic information dissemination. Airlines can then work with caterers and suppliers on food service, scheduling, menu specifications, meal ordering, and other functions. Ordering a meal is not a problem. Cathy Pacific Airways and Virgin Atlantic offer passengers in-flight e-mail and intranet services across their entire fleet. Airlines are also responding to the global market by the larger carriers forming partnerships and alliances to rationalize services and peripheral activities.

According to the International Civil Aviation Organization there has been a dramatic growth in the aviation industry over the last two decades with rise in number of passenger from 1.467 billion in 1998 to 3.979 billion in 2017. Airlines are ramping up to serve more passengers by modernizing their fleets and adding buying new generation aircraft that are more fuel-efficient and also by becoming more sophisticated retailers to compete with low-cost rivals while maintaining healthy profitability. Thus, this growth in the aviation industry is expected to boost the number of airline passenger and thus led to growth of inflight catering service market. The aviation sector is experiencing rapid growth worldwide owing to booming tourism industries, lower air fares, and the push for greater connectivity in an increasingly globalized economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel. The growth of low-cost airline is mainly driven by cheaper rate compared to other airlines (full service or traditional airline). The growth of the low-cost airline is attributed to the rise in economic activity, ease of travel, travel & tourism industry, and consumers' preference for low-cost service along with non-stop and frequent services. In addition, rise in purchasing power of middle class especially in the developing regions has fueled the low-cost airline market growth. This low-cost airline does not include food in the air ticket price thus hampering the in-flight catering service market growth.

The global In-Flight catering service market is segmented based on aircraft class, flight type, and food type. Depending on aircraft class, the In-Flight catering service market is classified into economy class, business class, and first class. The flight type segment comprises full service and low cost. Based on food type, the In-Flight catering service market is classified into meals, bakery and confectionary, beverages, others. Based on region, it is analyzed across North (U.S., Canada, and Mexico), Europe (Germany, UK, France, The Netherlands, Turkey, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, United Arab Emirates, and rest of LAMEA).

The key players profiled in this report include Gategroup, Newrest Group International S.A.S, LSG Sky Chefs, Do & Co, Emirates Flight Catering, SATS Limited, Cathay Pacific Airways Limited, Flying food Group LLC, Saudi Airlines Catering Company, and Royal In-Flight Catering.

Other players in the industries are Journey Group Plc, On Air Dining, KLM Catering Services Schiphol, Air Fayre, Servair, LSG Lufthansa Service Holding, Abby's Catering, AAS Catering, LSG Lufthansa Service Holding, ANA Catering Service, TajSATS Air Catering Limited, and Brahim's SATS Food Services.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global In-Flight Catering Service Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Regional Analysis for In-Flight Catering Service Market:
• North America (the USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

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Strategic Points Covered in Table of Content of Global In-Flight Catering Service Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the In-Flight Catering Service market

Chapter 2: Exclusive Summary - the basic information of the In-Flight Catering Service Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the In-Flight Catering Service

Chapter 4: Presenting the In-Flight Catering Service Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country

Chapter 6: Evaluating the leading manufacturers of the In-Flight Catering Service market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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-The report offers all the competitive landscape, growth drivers, applications, market dynamics, and other necessary details as well.

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In conclusion, the In-Flight Catering Service Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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