Global In-Flight Catering Services Market 2018-2023 – Segmented by Aircraft Seating Class, Flight Service Type, Food Type, and Geography – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “In-Flight
Catering Services Market – Segmented by Aircraft Seating Class, by
Flight Service Type, by Food Type, and by Geography – Growth, Trends,
and Forecast (2018 – 2023)”
report has been added to ResearchAndMarkets.com’s
offering.

The airline catering market is a sub-segment of the transport catering
industry, the growth of which is largely dependent on the development
and growth of the aviation industry.

The growth in the number of airline passengers over the past few years
has affected the airline catering business, to a considerable extent.
The trend of serving pre-packaged meals in airlines has been on the rise
over the past few years. There lies a significant potential in
Asia-Pacific and the Middle East, where the market is operated and owned
by carriers, unlike that in the United States. The airline catering
market is expected to witness growth, on account of improving demand for
airplane transportation, rising number of airplane deliveries, and an
increase in the number of airline passengers.

In-flight catering services are expected to witness impressive levels of
growth in the market, as carriers consider options to improve the
quality of food served on planes. Increase in the quality of food and
services provided are anticipated to be directly driven by passengers’
desire to have healthier and better-quality food on their flights.

The catering service providers are now getting involved in providing
sophisticated snacks, which resemble a mini-meal, instead of only
providing light snacks, such as nuts, pretzels, etc. Virgin Atlantic, in
its selected flights (primarily for its upper-class customers), provides
healthy but wholesome items, such as vegetarian sushi or beef sliders,
to satisfy customers’ cravings. For their long-haul flights, the firm
also provides enhanced snacks, such as grilled sandwiches and
noodle-soup. Creative refreshments are also on the table for economic
classes, where mini-meals are offered for a fee.

In addition, an increased focus on culture-specific menus also generates
a greater interest in the provision of in-flight food services. The
versatility in cultural dining always adds to the comfort and interest
of the traveler. For instance, the Flying Food Group strives to design
meals, in accordance with the familiarity of destination flyers around
the world. The commuters appreciate the cuisine of the upcoming
destination, to familiarize themselves with the taste of the new culture.

Technology Trends

In the food & beverage industry, ordering and paying for food and
beverages via tablet and mobile devices has become the new trend at
casual dining chains, such as Applebee’s and Chili’s, across the United
States, while airport restaurateur OTG has installed thousands of
food-ordering iPads at half a dozen of the US airports.

Regional Insights

APAC is anticipated to dominate the market during the forecast period,
at a CAGR close to 8%. Rapid urbanization, the resurgence in
discretionary spending, increase in international travel and tourism,
and a rising standard of living to complement aspirational traveling are
the factors that are expected to drive the growth in this region. By
2020, China is expected to supersede Japan, to become the world’s
second-largest source of business travel, after the United States.

Recent Developments:

  • Jan 2018: Gate Group entered into a 30-year JV with Asiana Airlines of
    Korea.
  • Nov 2017: Gate Group and LATAM Airlines created a dining concept for
    the economy class traveler, in long-haul flights, allowing customers
    to choose from three choices of food for lunch, dinner, and breakfast.
  • Oct 2017: LSG has partnered with Air New Zealand and New Zealand
    Ministry, to tackle in-flight catering wastage.
  • Mar 2017: Cathay Pacific redesigned its in-flight catering service by
    introducing dial on demand catering alongside a pre-order option, on
    routes from Hong Kong to London and Hong Kong to Chicago.

Company Profiles

  • Flying Food Group
  • Gate Gourmet
  • Emirates Flight Catering
  • Cathay Pacific Catering Services (H.K) Ltd.
  • LSG Sky Chefs
  • LGS Catering Services
  • Jetfinity
  • Newrest International Group SAS
  • Journey Group PLC
  • dnata
  • Sats Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/qw7z2b/global_inflight?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Catering

leverton

I have been involved with publishing and marketing for the past 32 years. My passion is helping people share their voice. I am able to do this through two important venues: One, with Area-Info.net where people can share everything from opinions to events to news. It is your choice! What do you want to share? Two, through a new program called America's Real Deal I am involved with to help business owners get their voice heard.I schedule speaking engagements with community groups and business groups to share my passion about the importance of "sharing your voice".Contact me directly at lee@leeeverton.coom for scheduling information.