Global Inflight Catering Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

"Global Inflight Catering Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global inflight catering market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global inflight catering market report has been segmented on the basis of aircraft class, food type, and region.

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Introduction  

Inflight catering or in-flight meal or airline food is a service offered by companies to passengers during air travel as well as at the airport. Catering becomes important part of business, especially for Network Carriers serving long distances. Meal planning and meal design are important procedures of catering services. These meals are arranged by specialist airline catering services and served to passengers using an airline service trolley. The quality and quantity of the meals served in flight varies by the airline companies and class of travel.

Market Dynamics

Increasing number of airline passengers is a key factor expected to drive growth of the global inflight catering market over the forecast period. In addition, increasing the quality of food and services offered by aircraft service providers is another factor expected to further fuel growth of the global inflight catering market over the forecast period.

Ongoing trend observed in the target market is increasing technological advancements in food & beverage industry, such as ordering and payment through tablet and mobile devices for particular order. For instance, Applebee’s and Chili’s casual dining chains across the US, while airport restaurateur OTG – installed thousands of food-ordering iPads, at half a dozen of the US airports. In addition, serving pre-packaged meals is another trend which is expected to support growth of the global inflight catering market over the forecast period.

Increasing initiatives by established service providers to improve existing fleet and launch of new airlines across various countries in the world are expected to create potential revenue opportunities for players operating in the global inflight catering market over the forecast period.

Analysis by segment

On the basis of aircraft class, the economy class segment is expected to register significant share in terms of revenue over the forecast period, owing to increasing number of passengers travel through economy class. The government across various countries introduced customer friendly policies in order to make air travel affordable and widespread.

Analysis by Region

The market in Asia Pacific is expected to dominate the global Inflight catering market in terms of revenue over the forecast period, owing to increasing international travel and tourism, improved standard of living, and urbanization across various countries in the region. The market in Europe is expected to register significant growth in the target market in terms of revenue over the forecast period, owing to increasing ratio of people travelling to European countries and presence of major players offers inflight catering services across various countries in the region. For instance, LSG Group is a major player in the infight catering service market, headquartered in Germany, which served 205 airports with 696 Mn number of meals by 2017.

Global inflight catering market segmentation:

Segmentation by aircraft class:

• Economy class
• Business class
• First class

Segmentation by food type:

• Meals
• Bakery & Confectionary
• Beverages
• Others

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa