In-Flight Catering Service Market 2018 to 2023 by Global key Players: SATS, Servair, Emirates Flight Catering, Dnata, Air Culinaire, Compass Group, Do & Co., Egypt Air in Flight Services, Gate Gourmet, and Goddard Catering
In-Flight Catering Service Global Market - OverviewIn-Flight Catering Service sector is becoming a growth dynamics for the health of the aviation sector. Better catering service assures more sale for Airline companies. Travellers are keener on the menu/food provided them in flight and increasingly demanding for nutritious food options. Perceiving a shift in passenger food preferences attributing to the growing consumer awareness over the nutritional value of food and rising health consciousness; the airline industry is therefore willing to pay a price premium for high quality, nutritious food.
Over the last couple of decades, fuelled by the increasing disposable income and improving living standards attributed to the rising GDP, Air Travels (business, leisure and on employment needs) have dramatically increased highlighting the number of travellers. Growing number of air travellers (passengers) and quality of food being the major concern for passengers while choosing an airline; is escorting the global market of In-Flight Catering Service to perceive its heydays.
Acknowledging the kind of traction the market is garnering currently and the growth prospects the market is demonstrating worldwide, Market Research Future has recently published a study report giving out the complete market insight up to 2021. This study report indicates that the global Market of In-Flight Catering Service furthering enormously will register a CAGR of 5% during 2016 to 2021.
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Other factors that predominantly contribute propelling the market growth include the innovative services offered by airline companies, increased emphasis on quality food services and passenger preferences to pay for premium quality of food. Food safety is a major focus area for companies operating in the global in-flight catering services market. With quality and hygiene becoming a deciding factor for passengers in choosing a flight, catering companies are adopting stringent safety and sanitation measures to maintain quality of food. Also Airline companies are increasingly offering a broader food menu and food customization options to customers. In order to meet customer expectations; these Airline companies partner with the Inflight Catering Services that can help them in the task. These factors define the future landscape of the global In-Flight Catering Service market.
In-Flight Catering Service Market - Competitive Analysis
The market appears to be highly competitive owing to the presence of numerous well-established players having international and global presence. These players are heavily investing to enhance the food quality and global expansion. Marketers identify the need for world-class in-flight catering and invest accordingly in state-of-the-art facilities to provide catering. These key players strive to exceed their customers' expectations with innovative in-flight catering services with Quality assurance, safety & security.
Industry/Innovation/Related News:
January 28, 2018 – Dnata (UAE) one of the leading in-flight catering service provider announced opening of the new catering facility in Ireland. The new dnata facility will provide high-quality catering to airlines.
January 24, 2018 – The International Flight Services Association (IFSA) issued an airline passenger regulations alert to all its global airlines and caterers serving European Union and other airports worldwide. The alert follows IFSA's recent work positively impacting preclearance regulations into the United States (US) for Europe, Asia, the Caribbean, South America and the Middle East. These regulations under U.S. Customs Border Protection (CBP) will go into effect on 1 April 2018 as retail facilities and catering services take additional steps to ensure appropriate handling of plant and animal.
January 17, 2018 - British Airways has announced a multi-million pound investment in its World Traveller or long-haul economy cabin catering service, introducing an expanded new menu that will provide more quantity and quality to both meals and snacking options throughout the flight.
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This report provides an in-depth insight of Global In-Flight Catering Services Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis
This report focuses on the global top players, covered
SATS
Lufthansa Group
Brahim's Group
Newrest
Perth Inflight Catering
Alpha Group
Saudi Airlines Catering
Abby's Catering
AAS Catering
ANA Catering
Cathay Pacific Catering Services
Christopher's Inflight Catering
Flying Food Group
Air Malta
Olympic catering
Emirates Flight Catering
Gate Gourmet
IGS Catering Services
Journey Group Plc.
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United…