The global airline catering market is estimated to reach US$23.90 billion in 2023, growing at a CAGR of 6% for the period spanning 2019-2023.
The research dives deep into the global share, size, and trends, as well as growth rate of the Airline Catering market to project its progress during the forecast period, i.e., 2019–2027. Most importantly, the report further identifies the past, present, and future trends that are expected to influence the development rate of the Airline Catering market. The research segments the market on the basis of product type, application, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, demand and production capability across different countries.
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This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Airline Catering market.
The growth of the market has been driven by accelerating economic growth, expanding urbanization, increasing airline passengers, upsurge in tourism activities, growing aircraft production and increasing low cost carriers. Some of the noteworthy trends of the market include surging millennial spending, rising adoption of online meal ordering platforms and devices. However, growth of the market would be challenged by fluctuating fuel prices, food safety concerns and airline mishaps.
The major manufacturers covered in this report: DO & CO Group, Gategroup, Lufthansa Group, The Emirates Group, Newrest Group Services S.A.S. and SATS Limited
The global airline catering market is categorized on the basis of flight type, food type and aircraft class type. On the basis of flight type, the global airline catering market can broadly be divided as, full service, low cost and hybrid & others. In terms of food type, the global market can be categorized into Meals, Bakery & Confectionery, Beverages and others. On the basis of aircraft class type, the global airline catering market can segmented into Business class, Economy class, First class and others.
Researchers conducting the research also carry out a comprehensive analysis of the recent amendments in the government regulation and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.
The report profiles the key players in the industry along with a detailed analysis of their individual positions against the global landscape. The researcher provides an extensive analysis of the Airline Catering market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
Scope of the report:
The report provides a comprehensive analysis of the global airline catering market, segmented on the basis of flight type, food type and aircraft class type.
– The major regional markets (Europe, North America, Middle East & Africa, Asia Pacific and Latin America) have been analyzed.
– The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
– The competitive landscape of the market, along with the company profiles of leading players (DO & CO Group, Gategroup, Lufthansa Group, The Emirates Group, Newrest Group Services S.A.S. and SATS Limited) are also presented in detail.
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Key points from Table of Content:
- Market Overview
2. Global Market Analysis
3. Regional Market Analysis
4. Market Dynamics
5. Competitive Landscape
6. Company Profiles
Scope of the study:
- The report conducts a detailed analysis of the evolving market dynamics
- It gives a holistic view of various drivers and restraints operating in the market
- The forecast spans 6 years and predicts the prospective progress of the sector
- It categorizes the prominent product segments and their future growth scenario
- The market insights derived after a thorough investigation of the industrial segments and subsegments enable readers make informed decisions.
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Name: Sameer Joshi
Email: [email protected]