A report on the In-flight Catering Services Market has been recently published by Stratview Research. This Market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the In-flight Catering Services Market. The historic years considered for the study are 2015-2020 the base year is 2021, and the forecast period is 2021-2026.

The study includes an in-depth analysis of type, application, and regional segments. It also includes a Market channel, distribution, and customer analysis, industry cost analysis, Market analysis by application, production, revenue, and price trend analysis by type, production and consumption analysis by region, and various other Market studies.

Market Analysis

In-flight Catering Services Market is likely to witness an impressive CAGR of 11.9% during the forecast period. The prime factor that is contributing to the demand for in-flight catering services is the growing commercial aircraft fleet size.

The Market is segmented by Aircraft Seating Class Type (Economy Class, Business Class, and First Class), by Source Type (In-house, Outsource), by Food Type (Meals, Bakery & Confectionaries, Beverages, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

This report also focuses on the short- and long-term implications of the novel Coronavirus pandemic on In-flight Catering Services Market at the global, and regional dimensions. To evaluate the percentage of loss or profit to the industry, the report also compares pre-COVID and post-COVID scenarios.

Report Features

The report delivers a detailed view of the industry based on In-flight Catering Services Market size, Market growth, and opportunities. The report also analyses Market key aspects such as-

–           Market structure: Overview, industry life cycle analysis, supply chain analysis

–           Covid-19 Impact analysis.

–           Market environment analysis: Growth drivers and constraints, and SWOT analysis.

–           Market trend and forecast analysis.

–           Market segment trend and forecast.

–           Competitive landscape and dynamics: Market share, product launches, etc.

–           Attractive Market segments and associated growth opportunities.

–           Emerging trends.

–           Strategic growth opportunities for the existing and new players.

The research provides in-depth analysis of the important elements that drive Market growth, including growth potential, opportunities, current Market trends, industry-specific obstacles, and dangers.

Key Segments In-flight Catering Services Market Report Covers:

Based on the aircraft seating class type, the market is segmented as economy class, business class, and first class. The economy class segment is estimated to maintain its dominance over the forecast period owing to the rising demand from emerging countries coupled with larger volumes of passengers preferring to travel in the class.

Based on the source type, the market is segmented as in-house and outsource. The outsource segment accounted for the larger share of the market in 2019, and is expected to maintain its dominance, during the forecast period, owing to cost-efficiency without compromising the quality.

Based on the food type, the market is segmented as meals, bakery & confectionaries, beverages, and others. The meals segment accounted for the largest share of the market in 2019, and is expected to command its leading position, bolstered by the growing demand from long-haul flights.

In terms of regions, Asia-Pacific is estimated to be the largest market for in-flight catering services during the forecast period. The region’s market growth is attributed to the growing airline traffic and surging economic growth. China and India are major countries offering promising growth opportunities. Europe and North America are also likely to witness substantial growth opportunities over the forecast period.

According to the report, brands or companies that are leading globally in this Market are –

  • Dnata
  • Saudi Airlines Catering
  • Gate Gourmet
  • LSG Group
  • Servair
  • Journey Group PLC
  • Newrest Catering
  • SATS Ltd
  • DO & CO.

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