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    In Flight Catering Services Market | Covid-19 Impact Analysis

    In Flight Catering Services Market | Covid-19 Impact Analysis

    In Flight Catering Services Market  | Covid-19 Impact Analysis
    Report code - SRCG154 Delivery - 2 Weeks
    In-flight Catering Services Market Size, Share, Trend, Forecast, & Industry Analysis&n See more...
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    Impact of COVID-19 on In Flight Catering Services Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on In Flight Catering Services Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    In-flight Catering Services Market Insights

    In-flight catering services market is likely to witness an impressive CAGR of 11.9% during the forecast period. The prime factor that is contributing to the demand for in-flight catering services is the growing commercial aircraft fleet size.

    In-flight Catering Services Market – Snapshot

    Growth

    11.9% for the next five years

    Key Aircraft Seating Class Type

    Economy Class

    Dominant Source Type

    Outsource

    Major Food Type

    Meals

    Region with the highest demand

    Asia-Pacific

    Key Players

    Dnata, Saudi Airlines Catering, Gate Gourmet, LSG Group, Servair,   Journey Group PLC, Newrest Catering, SATS Ltd, and DO & CO.

     

    Market Share Analysis

    In-flight-Catering-Services-Market-Dominant-Segments

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    In-flight Catering Services Market Share: By Aircraft Seating Class Type

    Based on the aircraft seating class type, the market is segmented as economy class, business class, and first class. The economy class segment is estimated to maintain its dominance over the forecast period owing to the rising demand from emerging countries coupled with larger volumes of passengers preferring to travel in the class.

    In-flight Catering Services Market Share: By Source Type

    Based on the source type, the market is segmented as in-house and outsource. The outsource segment accounted for the larger share of the market in 2019, and is expected to maintain its dominance, during the forecast period, owing to cost-efficiency without compromising the quality.

    In-flight Catering Services Market Share: By Food Type

    Based on the food type, the market is segmented as meals, bakery & confectionaries, beverages, and others. The meals segment accounted for the largest share of the market in 2019, and is expected to command its leading position, bolstered by the growing demand from long-haul flights.

    In-flight Catering Services Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest market for in-flight catering services during the forecast period. The region’s market growth is attributed to the growing airline traffic and surging economic growth. China and India are major countries offering promising growth opportunities. Europe and North America are also likely to witness substantial growth opportunities over the forecast period.

    In-flight-Catering-Services-Market-By-Region

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    Some of the major players in the in-flight catering services market are-

    • Dnata
    • Saudi Airlines Catering
    • Gate Gourmet
    • LSG Group
    • Servair
    • Journey Group PLC
    • Newrest Catering
    • SATS Ltd
    • DO & CO.

     

    Market Scope & Segmentation

    In-flight catering services involve serving of edibles to passengers on board a commercial airline. These meals are usually served using an airline service trolley.

    The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    In-flight Catering Services Market Research Report – Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    9

     

    The in-flight catering services market is segmented into the following categories. 

    In-flight Catering Services Market Size, Share, & Forecast, by Aircraft Seating Class Type:

    • Economy Class (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Business Class (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • First Class (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    In-flight Catering Services Market Size, Share, & Forecast, by Source Type:

    • In-house (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Outsource (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    In-flight Catering Services Market Size, Share, & Forecast, by Food Type:

    • Meals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Bakery & Confectionaries (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Beverages (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    In-flight Catering Services Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    In-flight-Catering-Services-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, Source portfolio, Source launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the source types by food type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Source portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of In-flight Catering Services Market in the foreseeable future?

    The in-flight catering services market is expected to witness an impressive growth of 11.9% CAGR in the foreseeable future.

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

    Dnata, Saudi Airlines Catering, Gate Gourmet, LSG Group, Servair, Journey Group PLC, Newrest Catering, SATS Ltd, and DO & CO are among the key players in the In-Flight Catering Services Market.

    Which country/region is expected to remain the largest In-Flight Catering Services Market?

    Asia-Pacific is expected to remain the largest market for in-flight catering services during the next five years.

    Which food type is expected to remain dominant in the In-Flight Catering Services Market?

    The meals segment is expected to remain the dominant food type in the in-flight catering services market in the coming years.

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