Press release

Inflight Catering Market is Booming Industry in Upcoming Years Due To Global Demand

Inflight Catering Market is Booming Industry in Upcoming Years Due To Global Demand

 

 
An inflight catering, airline food, or in-flight meal is a meal served to passengers on board a commercial airliner. These meals are prepared by specialist airline catering services and normally served to passengers using an airline service trolley. The quality and quantity of the meals served in flight differs by the airline companies and the classes of travel.

Rising number of airline passengers is fueling growth of the inflight catering market. For instance, according to Bureau of Transportation Statistics, in the U.S. total passenger enplanements in 2010, was 720.5 million which was increased to 763.2 million in 2014.

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Key Players

Key players operating in the global Inflight Catering market are
• SATS ltd.,
• Gate Gourmet,
• LSG Sky Chefs,
• DO & CO Aktiengesellschaft,
• NewrestInternational Group,
• Emirates Flight Catering,
• Flying Food Group,
• Journey Group plc,
• DubaiNational Air Transport Association

Economy class segment held significant market share in global inflight catering market in 2018, owing to affordable economy class air tickets. Governments of various countries are introducing customer friendly policies to fuel growth of the aviation industry. For instance, UDAN-RCS, regional airport development and ‘Regional Connectivity Scheme" (RCS) of Government of India, was launched in April 2017, with the objective: "Let the common citizen of the country fly". The scheme aimed at making air travel affordable and widespread, to fuel inclusive national economic development, job growth, and air transport infrastructure development of all regions and states of India.

Players operating in the global inflight catering market are adopting various growth strategies such as technological advancements, buy on board food, ordering and paying via tablets and mobiles. For instance, in May 2013, OTG installed around 7,000 of food-ordering iPads, at half-dozen of the U.S. airports. OTG made a strategic partnership with renowned chefs and restaurants to showcase locally sourced ingredients and seasonal menus.

Detailed Segmentation:

• Global Inflight Catering Market, By Aircraft class:
o Economy class
o Business class
o First class

• Global Inflight Catering Market, By Food type:
o Meals
o Bakery & Confectionary
o Beverages
o Others

Reasons for purchasing this Report:

- Insightful information regarding the Inflight Catering Market
- Identification of growth in various segments and sub-segments
- Strategic recommendations for investment opportunities
- Complete and distinct analysis of the market drivers and restraints
- The market study includes Market valuations and forecast for the upcoming years
- Accelerates the decision-making process through the availability of the drivers and limitations

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Coherent Market Insights
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