- November 8, 2020
- Category: Automotive, Logistics and Transportation, Aviation and Water Transport
Global Inflight Catering Market Size study, by Food Type (Meals, Bakery and Confectionary, Beverages, Other Food Types), by Flight Type (Full Service Carriers, Low-Cost Carriers), by Aircraft Seating Class (Economy Class, Business Class, First Class), and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Inflight Catering Market , by Region, 2018-2027 (USD Billion) 1.2.2. Inflight Catering Market , by Food Type, 2018-2027 (USD Billion) 1.2.3. Inflight Catering Market , by Flight Type, 2018-2027 (USD Billion) 1.2.4. Inflight Catering Market , by Aircraft Seating Class, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Inflight Catering Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Inflight Catering Market Dynamics 3.1. Inflight Catering Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 18.104.22.168. Increasing number of airline passengers 22.214.171.124. Rising demand for quality and healthy food among the air travellers 3.1.2. Market Restraint 126.96.36.199. Transportation of food and low shelf of food 3.1.3. Market Opportunities 188.8.131.52. Growing adoption of technological advancements Chapter 4. Global Inflight Catering Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Inflight Catering Market , by Food Type 5.1. Market Snapshot 5.2. Global Inflight Catering Market by Food Type, Performance - Potential Analysis 5.3. Global Inflight Catering Market Estimates & Forecasts by Food Type 2017-2027 (USD Billion) 5.4. Inflight Catering Market , Sub Segment Analysis 5.4.1. Meals 5.4.2. Bakery and Confectionary 5.4.3. Beverages 5.4.4. Other Food Types Chapter 6. Global Inflight Catering Market , by Flight Type 6.1. Market Snapshot 6.2. Global Inflight Catering Market by Flight Type, Performance - Potential Analysis 6.3. Global Inflight Catering Market Estimates & Forecasts by Flight Type 2017-2027 (USD Billion) 6.4. Inflight Catering Market , Sub Segment Analysis 6.4.1. Full Service Carriers 6.4.2. Low-Cost Carriers Chapter 7. Global Inflight Catering Market , by Aircraft Seating Class 7.1. Market Snapshot 7.2. Global Inflight Catering Market by Aircraft Seating Class, Performance - Potential Analysis 7.3. Global Inflight Catering Market Estimates & Forecasts by Aircraft Seating Class 2017-2027 (USD Billion) 7.4. Inflight Catering Market , Sub Segment Analysis 7.4.1. Economy Class 7.4.2. Business Class 7.4.3. First Class Chapter 8. Global Inflight Catering Market , Regional Analysis 8.1. Inflight Catering Market , Regional Market Snapshot 8.2. North America Inflight Catering Market 8.2.1. U.S. Inflight Catering Market 184.108.40.206. Food Type breakdown estimates & forecasts, 2017-2027 220.127.116.11. Flight Type breakdown estimates & forecasts, 2017-2027 18.104.22.168. Aircraft Seating Class breakdown estimates & forecasts, 2017-2027 8.2.2. Canada Inflight Catering Market 8.3. Europe Inflight Catering Market Snapshot 8.3.1. U.K. Inflight Catering Market 8.3.2. Germany Inflight Catering Market 8.3.3. France Inflight Catering Market 8.3.4. Spain Inflight Catering Market 8.3.5. Italy Inflight Catering Market 8.3.6. Rest of Europe Inflight Catering Market 8.4. Asia-Pacific Inflight Catering Market Snapshot 8.4.1. China Inflight Catering Market 8.4.2. India Inflight Catering Market 8.4.3. Japan Inflight Catering Market 8.4.4. Australia Inflight Catering Market 8.4.5. South Korea Inflight Catering Market 8.4.6. Rest of Asia Pacific Inflight Catering Market 8.5. Latin America Inflight Catering Market Snapshot 8.5.1. Brazil Inflight Catering Market 8.5.2. Mexico Inflight Catering Market 8.6. Rest of The World Inflight Catering Market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. Gate Gourmet 22.214.171.124. Key Information 126.96.36.199. Overview 188.8.131.52. Financial (Subject to Data Availability) 184.108.40.206. Product Summary 220.127.116.11. Recent Developments 9.2.2. LSG Sky Chefs 9.2.3. Sats Ltd. 9.2.4. Cathay Pacific Catering Services (H.K.) Ltd. 9.2.5. Dnata 9.2.6. Flying Food Group 9.2.7. Emirates Flight Catering 9.2.8. IGS Ground Services 9.2.9. Newrest International Group S.A.S 9.2.10. Journey Group Plc. Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
Global Inflight Catering Market is valued at approximately USD 17.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 15 % over the forecast period 2020-2027. The growing demand for high-quality, nutritious food among air travellers would have a significant impact on the demand for in-flight catering services. In contrast to sugary and candy items, shoppers nowadays favour healthier and nutritious products that are prominently displayed food products, such as all natural, no additives, and free form kind. Consumer understanding of nutrition has fueled demand for nutritious food in the airline industry. The industry demand would be positively influenced by rising preferences of air travellers for safe food, regardless of seating status. For instance, in 2020, on flights longer than 350 miles, Alaska Airlines has reintroduced limited food and beverage service. Soft drinks and coffee were the only beverages offered on those aircraft, with free red wine and beer available only to corporate and first-class travellers. In addition, first-class passengers were given a snack basket with a variety of snacks. Similarly, in 2018, Singapore Airlines debuted a Gordon Ramsay-created first-class meal menu for international flights. In addition, The market is changing, with major service providers gradually joining long-term partnerships and joint ventures with airlines to develop new technologies and expand their market reach. For instance, in January 2018, Gategroup Holding and Asiana Airlines of South Korea formed a 30-year joint venture to become the operator’s sole in-flight caterer, serving passengers flying to destinations throughout North America, Australia, Europe, and Asia. Also in 2018, At Dublin Airport, the Dubai National Air Transport Association (dnata) unveiled its newest flight catering facility, which includes an industrial-sized kitchen, food processing and assembly room, and storage. However, transportation of food and low shelf life of the transported food, may impede market growth over the forecast period of 2020-2027.
The regional analysis of the global Inflight Catering Market is considered for the key regions such as North America, Asia Pacific, Latin America, Europe, and Rest of the World. Asia Pacific is the leading region across the world in terms of market share due to culinary habits, and passengers from different countries of the regions varying in their culinary preferences. Whereas North America is anticipated to exhibit the highest growth rate over the forecast period 2020-2027, due to increasing number of air-passengers across the region.
Major market player included in this report are:
LSG Sky Chefs
Cathay Pacific Catering Services (H.K.) Ltd.
Flying Food Group
Emirates Flight Catering
IGS Ground Services
Newrest International Group S.A.S
Journey Group Plc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Food Type:
Bakery and Confectionary
Other Food Types
By Flight Type:
Full Service Carriers
By Aircraft Seating Class :
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.
Target Audience of the Global Inflight Catering Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers