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 in-house
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. In-flight
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 full research report on In-flight Catering Services Market: https://www.grandviewresearch.com/industry-analysis/in-flight-catering-services-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
- 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.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/in-flight-catering-services-market/request/rs1
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
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Asia
Pacific
- China
- Japan
- Latin
America
- Brazil
- Mexico
- MEA
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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