In-flight Catering Services Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“In-flight Catering Services Market Size Worth $24.75 Billion By 2025�
The global in-flight catering services market size is expected to reach USD 24.75 billion by 2025, exhibiting a CAGR of 5.7% between 2019 and 2025, according to a new report published by Grand View Research, Inc. The market is expected to be driven by the rising passenger traffic owing to increased business and leisure travel, coupled with rise in the number of low-fare airlines worldwide. Also, the provision of lightweight packaging solutions and contemporary menu designs help the airlines form a strong brand image, thereby supporting the growth. Increase in demand for nutritious and healthy food products onboard is anticipated to drive the market for inhouse catering services over the forecast period. Airline caterers are increasingly making efforts to match passenger expectations in all terms, such as collaborating with celebrity chefs for creating multi-cultural and customized menus. Similarly, a few airlines are employing wine experts and chefs in an attempt to enhance their promotional activities. The ongoing technological advancements are helping airlines with service enhancement during flight hours. Inflight catering has become one of the vital services offered by full-service carriers, whereas low-cost carriers have turned it into a prominent source of ancillary revenue. Many airlines prefer third-party caterers to achieve quality and provide affordable meal options to their customers.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/in-flight-cateringservices-market Further key findings from the report suggest:  Growing preferences of passengers for organic, healthy as well as customized meal options during air travel is among the emerging trends in the market
Follow Us:
Integration of technology for ordering F&B through the onboard In-flight Entertainment (IFE) system is anticipated to propel the demand for catering services in long-haul flights
The introduction of meals deigned by celebrity chefs as well as the availability of premium beverage offerings, such as wine, to attract the premium class passengers are expected to create significant opportunities for the airlines to maximize their ancillary revenue
Some of the leading key players in in-flight catering services market include Cathay Pacific Catering Services (H.K.) Ltd.; dnata; Gate Gourmet (gategroup); LSG Sky Chefs; and SATS Ltd.
Grand View Research has segmented the global in-flight catering services market based on flight type, airline class, F&B type, and region: In-flight Catering Services Flight Type Outlook (Revenue, USD Million, 2015 - 2025) Full Service Carrier (FSC)
Low Cost Carrier (LCC)
Others
In-flight Catering Services Airline Class Outlook (Revenue, USD Million, 2015 - 2025) Economy Class
Business Class
First Class
Others
In-flight Catering Services F&B Type Outlook (Revenue, USD Million, 2015 - 2025) Meal
Bakery & Confectionery
Beverage
Others
In-flight Catering Services Regional Outlook (Revenue, USD Million, 2015 - 2025) North America
o
U.S.
o
Canada
Europe o
Germany
o
U.K.
Asia Pacific
Follow Us:
o
China
o
Japan
Latin America o
Brazil
o
Mexico
MEA
Table of Content Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definitions 1.3. Information Procurement 1.3.1. Purchased database 1.3.2. GVR’s internal database 1.3.3. Secondary sources & third party perspective 1.3.4. Primary research 1.4. Information Analysis 1.4.1. Data analysis models 1.5. Market Formulation and Data Visualization 1.6. Data Validation and Publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook Chapter 3. Industry Outlook 3.1. Market Size and Growth Prospects, 2015 - 2025 3.2. Value Chain Analysis 3.3. Market Dynamics 3.3.1. Market driver analysis 3.3.2. Market restraint/challenge analysis 3.4. Penetration & Growth Prospect Mapping 3.5. Business Environment Analysis Tools 3.5.1. Porter’s Five Forces Analysis 3.5.1.1. Supplier power 3.5.1.2. Buyer power 3.5.1.3. Substitute threat
Follow Us:
3.5.1.4. Threat from new entrants 3.5.1.5. Competitive rivalry 3.5.2. PEST Analysis 3.6. Key Company Ranking Analysis, 2018 Continue…………. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com
Follow Us: