In-Flight Catering Services Market – by Product and Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2024

Technavio has announced its latest market research report titled Global In-Flight Catering Services Market 2020-2024 (Graphic: Business Wire)

LONDON--()--The in-flight catering services market is expected to grow by USD 5.79 billion, progressing at a CAGR of over 5% during the forecast period.

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The increasing passenger traffic and influence of tourism is one of the major factors propelling market growth. However, factors such as fluctuating airline ticket prices will hamper the market growth.

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In-Flight Catering Services Market: Product Landscape

The increasing emphasis on quality food services and passenger preferences to pay for premium food products are driving the growth of the in-flight catering services market share. In-flight catering services market growth by the food segment will be faster than the growth of the market by the beverages segment.

In-Flight Catering Services Market: Geographic Landscape

The rising air travel owing to high per capita income is significantly driving in-flight catering services market growth in this region. Over 35% of the market’s growth will originate from APAC during the forecast period. China is the key market for in-flight catering services in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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Companies Covered:

  • Air Culinaire Worldwide LLC
  • Cathay Pacific Catering Services (H.K.) Ltd.
  • DO & CO Aktiengesellschaft
  • Emirates Flight Catering Co.
  • Flying Food Group
  • Frankenberg GmbH
  • gategroup Holding AG
  • LSG Lufthansa Service Holding AG
  • Newrest Group International SAS
  • SATS Ltd.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Customer landscape

  • Overview

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Air Culinaire Worldwide LLC
  • Cathay Pacific Catering Services (H.K.) Ltd.
  • DO & CO Aktiengesellschaft
  • Emirates Flight Catering Co.
  • Flying Food Group
  • Frankenberg GmbH
  • gategroup Holding AG
  • LSG Lufthansa Service Holding AG
  • Newrest Group International SAS
  • SATS Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The In-Flight Catering Services Market will grow by USD 5.79 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/