The global In-Flight Catering Services Market size is expected to reach USD 24.75 billion by 2025, exhibiting a CAGR of 5.7% between 2019 and 2025, according to a new report published by Grand View Research, Inc. The market is expected to be driven by the rising passenger traffic owing to increased business and leisure travel, coupled with rise in the number of low-fare airlines worldwide. Also, the provision of lightweight packaging solutions and contemporary menu designs help the airlines form a strong brand image, thereby supporting the growth.
Increase
in demand for nutritious and healthy food products onboard is anticipated to
drive the market for in-house catering services over the forecast period.
Airline caterers are increasingly making efforts to match passenger
expectations in all terms, such as collaborating with celebrity chefs for
creating multi-cultural and customized menus. Similarly, a few airlines are
employing wine experts and chefs in an attempt to enhance their promotional
activities.
The
ongoing technological advancements are helping airlines with service
enhancement during flight hours. In-flight catering has become one of the vital
services offered by full-service carriers, whereas low-cost carriers have
turned it into a prominent source of ancillary revenue. Many airlines prefer
third-party caterers to achieve quality and provide affordable meal options to
their customers.
Request
a sample copy or view summary of this report@
https://www.grandviewresearch.com/industry-analysis/in-flight-catering-services-market
Further key findings from the report suggest:
- Growing
preferences of passengers for organic, healthy as well as customized meal
options during air travel is among the emerging trends in the market
- Integration
of technology for ordering F&B through the onboard In-flight
Entertainment (IFE) system is anticipated to propel the demand for
catering services in long-haul flights
- The
introduction of meals deigned by celebrity chefs as well as the
availability of premium beverage offerings, such as wine, to attract the
premium class passengers are expected to create significant opportunities
for the airlines to maximize their ancillary revenue
- Some of the
leading key players in in-flight catering services market include Cathay
Pacific Catering Services (H.K.) Ltd.; dnata; Gate Gourmet (gategroup);
LSG Sky Chefs; and SATS Ltd.
About Us:
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, the company offers market intelligence studies
ensuring relevant and fact-based research across a range of industries
including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
No comments:
Post a Comment