In-Flight Catering Service Market is Expected to Grow at a CAGR of 5% from 2016 to 2021

The global In-Flight Catering Service Market is expected to grow at a CAGR of around 5% during 2016-2021. As per the MRFR analysis, economy class is expected to be around $12 billion market in the forecast period, followed by premium and business class aircraft. Full service carriers account almost 80% of the market share and will continue to dominate the inflight catering service market.  In the catering types segment, meals account 50- 55% of the market share followed by bakery & confectionary and beverages. 

 

APAC will dominate the market in the forecast period growing a CAGR of around 6%, followed by Americas and EMEA. In APAC region, there were around 6,000 aircraft in service in 2015 which is expected to have 13,460 new aircraft over the next two decades. These factors will drive the demand for In-Flight Catering Service Market

 

This report includes a study of strategies of major market players in the Global In-Flight Catering Service Market include SATS, Servair, Emirates Flight Catering, dnata, Air Culinaire, Compass Group, Do & Co, Egypt Air In Flight Services, Gate Gourmet, and Goddard Catering.This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the In-Flight Catering Service Market , including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.