Daten aus dem Cache geladen. In-flight Catering Services Market is Expected to Register a...

In-flight Catering Services Market is Expected to Register a Considerable Growth by 2028

0
2Кб

Startview Research has launched a market research report titled ‘In-flight Catering Services Market’ that is compiled by leveraging findings as well as insights about the market that helps businesses to stay ahead in the competitive market. It also helps the market players in selecting targets, guiding where to invest, giving users detailed information about company profiles, etc. This report provides reliable and accurate market data, that can work as the key to the growth of any business. The report estimates future trends, challenges, linchpins, opportunities, revenue, and future sales count in the target market along with forecasting for a 5-year period.

According to this report, the in-flight catering services market was estimated at USD 8.58 billion in 2021 and is likely to grow at a CAGR of 7.09% during 2022-2028 to reach USD 13.91 billion in 2028.

The prime factor that is contributing to the demand for in-flight catering services is the growing commercial aircraft fleet size.

What are in-flight catering services?

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.

COVID-19 IMPACT

The global pandemic has negatively impacted the growth of the In-flight catering service market. Restriction on international and domestic flights has been the key factor behind the declining growth of the market during the covid era.

Market Segments' Analysis

Stratview Research has bifurcated the In-flight Catering Services Market by the following –

·       Aircraft Seating Class Type (Economy Class, Business Class, and First Class),

·       Source Type (In-house, Outsource),

·       Food Type (Meals, Bakery & Confectionaries, Beverages, and Others),

·       Region (North America, Europe, Asia-Pacific, and the Rest of the World).

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 class.

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 2021 and is expected to maintain its dominance, during the forecast period, owing to cost-efficiency without compromising the quality.

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 2021 and is expected to command its leading position, bolstered by the growing demand for long-haul flights.

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.

With all this information provided by Stratview Research; market players can expand their business effectively. Stratview research also 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 to sales@Stratviewresearch.com or Connect with our market experts at:  +1-313-307-4176

Поиск
Категории
Больше
Music
안전한 스포츠북 기능: 온라인 베팅의 안전성을 높이기 위한 필수 요소
스포츠북, 또는 스포츠 베팅 플랫폼은 전 세계적으로 많은 사람들에게 인기 있는 오락 방법 중 하나입니다. 그러나 이러한 플랫폼을 사용할 때 가장 중요한 것은 안전성입니다....
От Rafay Zai75 2024-09-02 08:28:02 0 297
Другое
10 Smart Tips to Save Money on Ramadan Umrah Packages in 2024
So, you plan to perform Umrah in Ramadan 2024. It is a wonderful season to visit Makkah and...
От Umrah Packages 2024-11-28 10:07:50 0 162
Игры
Mastering the Midfield: Acquire Ji Sung Park's Golazo Hero Card in FC 24
Introduction About Ji Sung Park Born on the last day of March in 1981 in Seoul, Park...
От Xtameem Xtameem 2024-04-06 03:46:57 0 763
Игры
Achat de Crédits FC25 : Maximisez Votre Expérience avec FC25 Credit !
Achat de Crédits FC25 : Maximisez Votre Expérience avec FC25 Credit ! Dans...
От Minorescu Jone 2025-02-18 20:00:31 0 1