A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, supply chain, training, safety, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in the beverage industry is facing a devastating effect of a pandemic. Around 13% to 15% of the craft beer sector in the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused to shut down of many small to medium food processing companies around the world.
In-Flight Catering Service Market Overview
The Global In-Flight Catering Service Market is mainly driven by the growth in airline passengers over the past few years. The prime factor for the market development is the massive growth in the aviation sector across the globe. Additionally, other factors such as increasing demand for quality food services and passenger preferences to pay for premium food are contributing more to the market expansion.
Furthermore, increasing disposable incomes, development of technology in-flight food ordering systems, rising on-board catering are expected to fuel the growth of the In-Flight Catering Service market. Also, increasing demand for nutritious food, as well as rising health consciousness amongst people, are further supported to the growth of the market.
In recent years, the emergence of low-cost airline companies coupled with growth in the number of air travels, and expansion of global aircraft fleet are some major factors that impacting the market growth positively.
In-Flight Catering Service Market Segment Overview
Based on the flight type, the Full-Service Carrier (FSC) segment has the largest share of the market. Since FSCs are generally international or long-haul flights, the growing trend of international travel is anticipated to have a positive impact on segment growth. In addition, Airlines flying on international routes are typically long-distance flights. Therefore, the basic ticket price of these flights contains various services, such as in-flight entertainment, checked baggage, and meals and beverages.
According to Airline Class, the Economy class segment is the fastest-growing segment in the market. The key factor driving the segment growth is its affordable ticket price as compared to the other classes. So, it attracting a broad traveler base. Also, the availability of low-priced meal choices is anticipated to stimulate segment growth in the coming years.
In-Flight Catering Service Market, By Flight Type
· Full-Service Carrier (FSC)
· Low-Cost Carrier (LCC)
· Others
In-Flight Catering Service Market, By Airline Class
· Economy Class
· Business Class
· First Class
· Others
In-Flight Catering Service Market, By F&B Type
· Meal
· Bakery & Confectionery
· Beverage
· Others
In-Flight Catering Service Regional Overview
In terms of region, the Asia Pacific will dominate the market in the forecast period followed by North America and Europe. This can be attributed to the rapid urbanization, growing disposable income, increasing international travel, and tourism as well as rising standard of living to complement aspirational traveling in this region. By 2021, China is anticipated to supersede Japan to become the world's second-largest source of business travel after the United States.
In-Flight Catering Service Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
In-Flight Catering Service Market Competitor overview
· In March 2019, RRJ Capital announced that it has agreed to purchase all outstanding shares in gategroup Holding AG, Switzerland, the world’s largest provider of airline catering and retail on board, from HNA Group.
· In March 2019, London Stansted Airport has teamed up with luxury food outlet, Not Always Caviar to create a sandwich designed with flavors that are enhanced at altitude, meaning that this sandwich will taste as good at 35,000ft as it does on the ground.
In-Flight Catering Service Market, Key Players
· ALSG Sky Chefs Inc.
· Frankenberg GmbH
· AAS Catering CO. Ltd.
· Dnata
· Do & Co Aktiengesellschaft
· Flying Food Group
· LLC, Gate Gourmet
· Newrest Group International S.A.S
· SATS Ltd.
· Air Culinaire Worldwide, LLC.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global In-Flight Catering Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Flight Type
- 5.2.1. Full-Service Carrier (FSC)
- 5.2.2. Low-Cost Carrier (LCC)
- 5.2.3. Others
- 5.3. Market Analysis, Insights and Forecast – By Airline Class
- 5.3.1. Economy Class
- 5.3.2. Business Class
- 5.3.3. First Class
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By F&B Type
- 5.4.1. Meal
- 5.4.2. Bakery & Confectionery
- 5.4.3. Beverage
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America In-Flight Catering Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Flight Type
- 6.2.1. Full-Service Carrier (FSC)
- 6.2.2. Low-Cost Carrier (LCC)
- 6.2.3. Others
- 6.3. Market Analysis, Insights and Forecast – By Airline Class
- 6.3.1. Economy Class
- 6.3.2. Business Class
- 6.3.3. First Class
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By F&B Type
- 6.4.1. Meal
- 6.4.2. Bakery & Confectionery
- 6.4.3. Beverage
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America In-Flight Catering Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Flight Type
- 7.2.1. Full-Service Carrier (FSC)
- 7.2.2. Low-Cost Carrier (LCC)
- 7.2.3. Others
- 7.3. Market Analysis, Insights and Forecast – By Airline Class
- 7.3.1. Economy Class
- 7.3.2. Business Class
- 7.3.3. First Class
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By F&B Type
- 7.4.1. Meal
- 7.4.2. Bakery & Confectionery
- 7.4.3. Beverage
- 7.4.4. Others
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe In-Flight Catering Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Flight Type
- 8.2.1. Full-Service Carrier (FSC)
- 8.2.2. Low-Cost Carrier (LCC)
- 8.2.3. Others
- 8.3. Market Analysis, Insights and Forecast – By Airline Class
- 8.3.1. Economy Class
- 8.3.2. Business Class
- 8.3.3. First Class
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By F&B Type
- 8.4.1. Meal
- 8.4.2. Bakery & Confectionery
- 8.4.3. Beverage
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific In-Flight Catering Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Flight Type
- 9.2.1. Full-Service Carrier (FSC)
- 9.2.2. Low-Cost Carrier (LCC)
- 9.2.3. Others
- 9.3. Market Analysis, Insights and Forecast – By Airline Class
- 9.3.1. Economy Class
- 9.3.2. Business Class
- 9.3.3. First Class
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By F&B Type
- 9.4.1. Meal
- 9.4.2. Bakery & Confectionery
- 9.4.3. Beverage
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa In-Flight Catering Service Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Flight Type
- 10.2.1. Full-Service Carrier (FSC)
- 10.2.2. Low-Cost Carrier (LCC)
- 10.2.3. Others
- 10.3. Market Analysis, Insights and Forecast – By Airline Class
- 10.3.1. Economy Class
- 10.3.2. Business Class
- 10.3.3. First Class
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast – By F&B Type
- 10.4.1. Meal
- 10.4.2. Bakery & Confectionery
- 10.4.3. Beverage
- 10.4.4. Others
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. ALSG Sky Chefs Inc.
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. Frankenberg GmbH
- 11.6. AAS Catering CO. Ltd.
- 11.7. Dnata
- 11.8. Do & Co Aktiengesellschaft
- 11.9. Flying Food Group
- 11.10. LLC, Gate Gourmet
- 11.11. Newrest Group International S.A.S
- 11.12. SATS Ltd.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
