Press release
In-Flight Catering Market Progresses for Huge Profits During 2026
Global In-Flight Catering Market - Europe to Remain Dominant during the Forecast Period 2017-2026, observes TMREmerging low-cost airlines are resulting in the increasing rate of air travels globally. Hence, the services provided to the passengers on-board are also improving. Among various services provided, in-flight catering service is one of the vital services provided on-board. In-flight catering service is largely dependent on the health of the aviation sector. Meanwhile, with the customers becoming health conscious, the demand for healthy and nutritional food is increasing.
In order to offer something different and unique, in-flight catering service providers are focusing on offering culturally diverse food to the passengers. The trend of buy-on-board food has also increased with airlines eliminating the option of complimentary meals. Nutritious snacks and mini-meals option are also gaining popularity with increasing health-conscious travelers. Food safety is also becoming one of the major focus areas of in-flight service providers as hygiene and quality becoming major deciding factors for passengers before selecting the airline. Technological advancements in the on-board food ordering system is also driving the in-food catering market. For instance, airlines have started using digital devices to take food and beverages orders from passengers. However, the biggest challenge in the in-flight catering market is airlines focusing on cost-reduction and weight-reduction in order to optimize fuel consumption.
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Prominent players in the global in-flight catering market are UpperSky Catering, SATS, SAAC Ltd., Newrest Catering, LSG Sky Chefs, Journey Group Pls., Gate Gourmet, Flying Food Group, Emirates Flight Catering, Do & Co, DNATA, Air Gourmet, Air Fayre, Air Culinaire Worldwide, and Abby's Aircraft Catering Service.
Global In-Flight Catering Market to Witness Steady Growth during the Forecast Period 2017-2026
According to the report by Transparency Market Research (TMR), the global in-flight catering market is expected to experience steady growth, registering CAGR of 5.3% during the forecast period. The global in-flight catering market is estimated to reach US$ 28,262.8 million revenue towards the end of the forecast period.
The global in-flight catering market is segmented on the basis of service type, provider type, offering type, airline category, and region. The offering type segment is further segmented into breakfast, main courses, beverages, starter & platters, and desserts. Main courses are expected to remain dominant in the market throughout the forecast period.
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The service type is further segmented into economic service and premium service. Among these, economic service is expected to account for highest revenue share in the global in-flight catering market.
Airline category is segmented into low cost carrier, charter/private carriers, and full service carrier. Low-cost carrier is expected to emerge as the largest segment in the airline category.
On the basis of provider type, complete solution providers are expected to witness growth in the market during the forecast period 2017-2026.
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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