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In-Flight Catering Services Market - Global Growth, Trends and Forecast (2022- 2027) By Types, By Application, By Regions and By Key Players: Total Collectables (CUL ^CLCTBLS.REGA)., Ltd.,ROYAL HOLDINGS Co., Ltd. (Tokyo :8179.T).

28 Feb, 2022 | 134 Pages
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Registering a CAGR of 6.6% over the forecast period of 2022-2027, the global In-Flight Catering Services market is anticipated to reach the market value of US$ 13.7 billion from US$ 7.3 billion in the year 2027.



In-Flight Catering Services Market Overview



Inflight food is the food served to travelers onboard a profitable airliner. Specialist airline catering services cook these meals and usually serve them to passengers using an airline service trolley.



The inflight catering market is expected to witness inspiring levels of development as carriers consider options to recover the quality of food served on planes, which is a matter of concern in today’s inflight catering industry. The flexibility in cultural dining always adds to the comfort and interest of the travelers. For instance, in international flights flying to areas where there is an enormous level of diversification in food habits, such as the Middle East, caterers are designing meals in agreement with their understanding of the tastes of destination flyers. Consequently, the commuters rise the cuisine of the upcoming destination, helping them familiarize themselves with the taste of the new culture.



Few airlines operating globally also allow passengers to place orders via in-flight entertainment systems. Moreover, some of the airlines are serving regional/ continental meals in order to satisfy the native cravings of the onboard passengers. The word-of-mouth advertising of such trends can certainly contribute to the growth of the in-flight catering market. Considering the aforementioned factors, the market for in-flight catering is projected to touch US$ 13.5 Bn by 2031.



Who are the Major Players in the In-flight Catering Services Market?



The global In-flight Catering Services includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include LSG Group, Emirates Flight Catering, Gategroup Holding AG, Dnata, SATS Ltd., Cathay Pacific Catering Services (H.K.) Limited, Total Collectables (CUL ^CLCTBLS.REGA)., Ltd., DO & CO Aktiengesellschaft, Saudi Airlines Catering Company (SAAC), Newrest, Flying Food Group, Abby’s Catering, UpperSky Gourmet, ROYAL HOLDINGS Co., Ltd. (Tokyo: 8179.T) and others.



Recent Developments



In July 2021, gategroup signed a partnership renewal agreement with LATAM Airlines to provide inflight catering services for added five years. According to the contract, gategroup will serve LATAM Airlines at 16 locations, which comprises two new strategic domestic locations: Bogotá, Colombia, and Santiago, Chile.



In June 2021, Newrest broadcast that the company began providing inflight catering services to a secret American company from the Hartsfield-Jackson Atlanta International Airport. Under the contract, the company is expected to increase its capacity from 4,000 meals per day to 6,500 meals per day during August.





In-Flight Catering Services Market is segmented based on the type, applications, companies, and regions.



By Type, it is segmented into




  • Economy Class

  • Business Class

  • First Class

  • Others



By Applications, it is segmented into




  • Full-Service Carriers

  • Low-Cost Carriers

  • Others



In-Flight Catering Services Market Regional Analysis



Region-wise, North America was the largest market in 2019, owing to the rise in the number of passengers traveling for business and tourism in the North American region. Population growth, economic growth, and social factors are expected to drive the in-flight catering service market trends in Asia-Pacific. The present level of efficient in-flight catering service technology has helped in increasing profitability and is expected to further boost the in-flight catering service industry growth. 




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The In-Flight Catering Services Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global In-Flight Catering Services Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our In-Flight Catering Services Market report scope?



Scope of the Report covers In-Flight Catering Services Market with detailed analysis of the overall scenario for the market. It also highlights the business participants' environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this In-Flight Catering Services Market analysis report as it has vital details to provide about regional markets, and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.























































Reports Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 7.3% during the review period (2022 to 2027).



By Type




  • Economy Class

  • Business Class

  • First Class

  • Others



By Application




  • Full-Service Carriers

  • Low-Cost Carriers

  • Other



By Companies



LSG Group, Emirates Flight Catering, Gategroup Holding AG, Dnata, SATS Ltd., Cathay Pacific Catering Services (H.K.) Limited, Total Collectables (CUL ^CLCTBLS.REGA)., Ltd., DO & CO Aktiengesellschaft, Saudi Airlines Catering Company (SAAC), Newrest, Flying Food Group, Abby’s Catering, UpperSky Gourmet, ROYAL HOLDINGS Co., Ltd. (Tokyo :8179.T).



Regions Covered



• North America



• Europe



• Asia-Pacific



• Rest of the World



Countries Covered



• US



• Canada



• Germany



• France



• UK



• Italy



• Spain



• Rest of Europe



• China



• Japan



• India



• Australia



• South Korea



• Rest of Asia-Pacific



• Middle East & Africa



• Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



134



Customization Available



Yes, the report can be customized as per your needs




Key Takeaways from this In-Flight Catering Services Report




  • Evaluate In-Flight Catering Services market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end-use applications, and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.

  • Get in-depth insights on your competitor's performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the In-Flight Catering Services market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand, and competitive landscape for more than top 20 countries globally for the market.



All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



Frequently Asked Questions



What is the study period of this market?



The In-Flight Catering Services Market is studied from 2017 - 2027.



Who are the key players in In-Flight Catering Services Market?



LSG Group, Emirates Flight Catering, Gategroup Holding AG, Dnata, SATS Ltd., Cathay Pacific Catering Services (H.K.) Limited, Total Collectables (CUL ^CLCTBLS.REGA)., Ltd., DO & CO Aktiengesellschaft, Saudi Airlines Catering Company (SAAC), Newrest, Flying Food Group, Abby’s Catering, UpperSky Gourmet, ROYAL HOLDINGS Co., Ltd. (Tokyo :8179.T). Others



What are the significant types of In-Flight Catering Services Market?



Economy Class, Business Class, First Class, Others.



What are the major end-use applications of the In-Flight Catering Services Market?



Full-Service Carriers, Low-Cost Carriers, Other, Other.



What segments are covered in the In-Flight Catering Services Market report?



The Global In-Flight Catering Services Market is Segmented on the basic of Product, Application, and Geography.



How can I get a sample report/company profile for the In-Flight Catering Services Market?



The sample report for the In-Flight Catering Services Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL IN-FLIGHT CATERING SERVICES MARKET BY APPLICATIONS

    3. GLOBAL IN-FLIGHT CATERING SERVICES MARKET BY TYPES



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR IN-FLIGHT CATERING SERVICES



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. IN-FLIGHT CATERING SERVICES GROWTH

      2. APPLICATION OF IN-FLIGHT CATERING SERVICES



    4. IMPACT OF COVID 19



  5. GLOBAL IN-FLIGHT CATERING SERVICES MARKET, BY TYPES

    1. Economy Class

    2. Business Class

    3. First Class



  6. GLOBAL IN-FLIGHT CATERING SERVICES MARKET, BY APPLICATION

    1. Full-Service Carriers

    2. Low-Cost Carriers

    3. Other



  7. GLOBAL IN-FLIGHT CATERING SERVICES MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. LSG Group

      2.  Emirates Flight Catering

      3.  Gategroup Holding AG

      4.  Dnata

      5.  SATS Ltd.

      6.  Cathay Pacific Catering Services (H.K.) Limited

      7.  China Eastern Air Catering Investment Co.

      8.  Ltd.

      9.  DO & CO Aktiengesellschaft

      10.  Saudi Airlines Catering Company (SAAC)

      11.  Newrest

      12.  Flying Food Group

      13.  Abby’s Catering

      14.  UpperSky Gourmet

      15.  Royal Holdings Co. Ltd.







 

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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