In-Flight Catering Services Size, Share, Growth, Demand, Segments...

In-Flight Catering Services Size, Share, Growth, Demand, Segments and Forecast by 2030

Posted 2024-03-01 19:41:41

The finest In-Flight Catering Services Market report comprises of several market dynamics and estimations of the growth rate and the market value based on market dynamics and growth inducing factors. For generation of an excellent market research report, principal attributes such as highest level of spirit, practical solutions, dedicated research and analysis, innovation, talent solutions, integrated approaches, most advanced technology and commitment plays a key role. The market research report contains reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies. While preparing the winning In-Flight Catering Services Market report, markets on the local, regional as well as global level are explored.

To better construct a high quality In-Flight Catering Services Market report, a nice blend of advanced industry insights, practical solutions, talent solutions and latest technology is used which gives an excellent experience to the readers or end users. This market report comprises of the study about the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, possible future trends, and market demand and supply scenarios. Market definition, market segmentation, key developments in the market, competitive analysis and research methodology are the key topics in which the first class In-Flight Catering Services Market report is divided.

Data Bridge Market Research analyzes that the global in-flight catering services market is expected to reach the value of USD 27,337.94 million by 2030, at a CAGR of 5.6% during the forecast period. This market report also covers pricing analysis and technological advancements in depth.

Explore Further Details about This Research In-Flight Catering Services Market Report https://www.databridgemarketresearch.com/reports/global-in-flight-catering-services-market

REPORT METRIC	DETAILS
Forecast Period	2023 to 2030
Base Year	2022
Historic Years	2021 (Customizable to 2015 - 2020)
Quantitative Units	Revenue in USD Million
Segments Covered	Food Type (Meals, Convenience Food, Beverages, Bakery, and Confectionary), Flight Category (Full-Service Carriers, and Low-Cost Carriers), Aircraft Seating Class (Economy Class, Business Class, and First Class), Catering Type (Retail On Board, and Classic Catering), Flight Type (Domestic, and International)
Countries Covered	U.S., Canada, and Mexico, Germany, France, U.K., Italy, Russia, Spain, Netherlands, Switzerland, Turkey, Belgium, and Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E, Oman, Kuwait, and Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America
Market Players Covered	dnata, gategroup, Cathay Pacific Catering Services, LSG Group, Newrest, SATS Ltd., Flying Food Group., DO & CO Aktiengesellschaft, ANA CATERING SERVICE CO.,LTD., Saudi Airlines Catering, Emirates Flight Catering, Brahim's Holdings, Air Culinaire Worldwide, air fayre, EGYPTAIR IN-FLIGHT SERVICES, Air Gourmet, Beha Catering, ABBY'S CATERING, CAFS, AeroChef, and DE LUXE LIMITED among others

Market Definition

Airline food services are an aid to make traveling much more interesting and memorable with good food. The in-flight meal is a meal served to passengers onboard a commercial airliner. These meals are prepared by specialist airline catering services and are normally served to passengers using an airline service trolley. Large flight kitchens can have considerable automation involved, including conveyor belts for controlling the pace of meal packaging across different sections of a flight kitchen; the automated plastic wrapping of meal packages; automated washing equipment for catering cutlery and accessories; and automatic rail system for traveling of meal trolleys through different servicing sections among others. The importance of hygiene and safety in-flight catering facilities is of paramount importance. Flight kitchens can have food analysis laboratories on-site to conduct different tests important for compliance with food standards.

Global In-Flight Catering Services Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:

DRIVERS

Rising number of airline passengers and non-stop flights

The number of airline passengers and flights is growing due to economic and demographic growth. The growing middle class is stimulating airline activity. Also, there is the emergence of low-cost airlines which offer competitive prices on popular destinations. The traffic handled by an airport is strongly influenced by core activities such as tourism, business, and high-added-value manufacturing. Cities having a strong commercial orientation, such as corporate head offices, experience additional demand for air travel.

The higher the connectivity of the airport, the more air traffic, as it offers options to a wider array of destinations. This is particularly the case for airports acting as major hubs for air carriers. Thus, the rising number of airline passengers and non-stop flights is expected to drive the market's growth.

Changing life style coupled with increasing disposable income

When disposable income increases, there is more money to either save or spend, which naturally leads to a growth in demand. Consumer spending is one of the most important determinants of demand. It creates the demand that keeps companies profitable and hiring new workers. Also, the changing lifestyle of many individuals demands high-quality, premium healthy food even while flying. The individualization of meals and beverages to fulfill customers' unique needs is a growing trend in the food industry. Half of the population prefers convenience food which aids consumers in saving time and effort in meal preparation. Owing to the fast and busy life, the consumption pattern of consumers shifts from raw food to convenience foods. Due to the constant evolution in the consumption pattern of consumers, convenient food has acquired substantial growth across the globe because of the expanding consumer health consciousness and increasing urban lifestyles.

OPPORTUNITY

Advancements in the flight food ordering framework

Over the last century, the emphasis on aircraft design has progressively switched from feasibility to safety and to fuel efficiency. However, the sustainability of air travel will entail an improvement in the passenger experience. In particular, passenger comfort and meal experience are at the heart of current requirements. Conventional galleys are replaced by an automatic loading system, while bottles and cans are replaced by fountain drink dispensers using syrups and powders. These new galleys automatically prepare passenger orders and load small carts attached to longitudinal rails located below the overhead bins. Once the targeted seat is reached by the cart, telescopic arms deliver the order to the passenger. As a consequence, the workload of crew members is highly reduced, and they can focus more on safety. While the weight added by the designed system is compensated by the removal of trolleys, weight is saved by removing cans and bottles. Moreover, the new smaller galley design enables more space to be redistributed between passengers so that seat pitch can be increased.

Key Pointers Covered in the In-Flight Catering Services Market Industry Trends and Forecast to 2029

In-Flight Catering Services Market Size
In-Flight Catering Services Market New Sales Volumes
In-Flight Catering Services Market Replacement Sales Volumes
In-Flight Catering Services Market By Brands
In-Flight Catering Services Market Procedure Volumes
In-Flight Catering Services Market Product Price Analysis
In-Flight Catering Services Market Regulatory Framework and Changes
In-Flight Catering Services Market Shares in Different Regions
Recent Developments for Market Competitors
In-Flight Catering Services Market Upcoming Applications
In-Flight Catering Services Market Innovators Study

Why choose Data Bridge Market Research?

Modern technologies, such as artificial intelligence, to provide updated industry growth.
DBMR team provides clients with the top notch In-Flight Catering Services Market research report.
Interaction with research scientists and development heads to understand the nature of the In-Flight Catering Services Market more precisely.
24/7 availability of services.
Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential In-Flight Catering Services Market size

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