DUBLIN, May 19, 2022--(BUSINESS WIRE)--The "Inflight Catering Service Market Research Report by Food Type (Bakery and Confectionery, Beverages, and Meals), Airline Type, Aircraft Class, Service Type, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Inflight Catering Service Market size was estimated at USD 19.12 billion in 2021, USD 20.14 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.47% to reach USD 26.33 billion by 2027.
In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.
Cumulative Impact of COVID-19:
The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.
Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States.
This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.
This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Inflight Catering Service market considering the current update on the conflict and its global response.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.
It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Inflight Catering Service Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others.
Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Company Usability Profiles:
Air Culinaire Worldwide
ANA Catering Service
Brahim's SATS Food Services
CAS Food Solution Purantara
Cathay Pacific Airways Limited
DO & CO Aktiengesellschaft
Dubai National Air Transport Association
Flying Food Group, LLC
Gate Gourmet GmbH
IGS Ground Services
Journey Group Plc
Newrest Group Services
Oberoi Flight Services
On Air Dining
Royal Blue Inflight Catering
Royal In-flight Catering
Sancak Inflight Service
Saudi Airlines Catering (SAAC)
Scarlett House Catering
TransAsia Catering Services
United Chelsea Food Services
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
18.104.22.168. Growing number of long-haul and non-stop flights, primarily due to the upsurge in leisure as well as business tourism
22.214.171.124. Rising number of passengers traveling through aircraft & Low prices of flight tickets
126.96.36.199. Increasing collaborations between airlines, hotels & chefs
188.8.131.52. Transportation of food and low shelf life of the transported food as poor handling of food either results in contamination or wastage
184.108.40.206. Growing preference for the pre-packed foods by the passengers
220.127.116.11. Integration of technology for the ordering of food and beverages on-board
18.104.22.168. Rise in adoption of online platforms for meal booking by the major airline companies
22.214.171.124. Emergence of the on-board retailing and personal chefs
5.2. Cumulative Impact of COVID-19
5.3. Cumulative Impact of 2022 Russia Ukraine Conflict
6. Inflight Catering Service Market, by Food Type
6.2. Bakery and Confectionery
7. Inflight Catering Service Market, by Airline Type
7.2. Full Service Carriers
7.3. Low-cost Carriers
8. Inflight Catering Service Market, by Aircraft Class
8.2. Business Class
8.3. Economy Class
8.4. First Class
9. Inflight Catering Service Market, by Service Type
9.2. In-house Catering Service
9.3. Outsourced Catering Service
10. Americas Inflight Catering Service Market
10.6. United States
11. Asia-Pacific Inflight Catering Service Market
12. Europe, Middle East & Africa Inflight Catering Service Market
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.1.2. Business Strategy
13.1.3. Product Satisfaction
13.2. Market Ranking Analysis
13.3. Market Share Analysis, By Key Player
13.4. Competitive Scenario
13.4.1. Merger & Acquisition
13.4.2. Agreement, Collaboration, & Partnership
13.4.3. New Product Launch & Enhancement
13.4.4. Investment & Funding
13.4.5. Award, Recognition, & Expansion
14. Company Usability Profiles
For more information about this report visit https://www.researchandmarkets.com/r/abp6dr
View source version on businesswire.com: https://www.businesswire.com/news/home/20220519005558/en/
Laura Wood, Senior Press Manager
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