Pune, India -- (SBWIRE) -- 09/20/2017 -- Market Research Future Publish a New Report on - "In-Flight Catering Service Market Research Report - Global Forecast to 2021"

Exclusive Summery About Report:

The Global In-Flight Catering Service Market is expected to grow at a CAGR of around 5% during 2016-2021. Increased emphasis on quality food services and passenger preferences to pay for premium food are some of the key drivers for the market growth.

Economy class is expected to be around $12 billion market in the forecast period, growing at a considerable rate of CAGR, followed by premium and business class aircraft. Full service carriers account almost 80% of the market share and will continue to dominate the inflight catering service market. Confirms the Scholar in the exclusive Market Study Report presented by Market Research Future -"Global In-Flight Catering Service Market" This report takes you through the full Market Analysis, Opportunities, Price, Growth, Trends and Featuring the market Predictions right up to the years 2021 and helps you to find out:

- How the market revenue is progressing globally.
- What are the key driving or affecting factors for the market growth?
- How the market revenue is progressing in various segments & geographies.
- Who are the emerging Players, current players & the Key Players (Leaders) of the market? Get yourself acquainted with their trends.
- What are the current main market trends responsible for shaping up the Market Acquisitions

Access the market data and information presented through over 60 tables and figures spread 80+ pages of the project report. Avail in-depth table of content (TOC) & market synopsis on "In-Flight Catering Service Market Research Report- Global Forecast to 2021"

In-Flight Catering Service Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- SATS
- Servair
- Emirates Flight Catering
- dnata
- Air Culinaire
- Compass Group
- Do & Co
- Egypt Air In Flight Services
- Gate Gourmet
- Goddard Catering

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Market Segment:

Global In-Flight Catering Service Market report is primarily segmented in to 4 dynamics by Aircraft Class (First Class, Business Class, Premium Economy Class, and Economy Class), by Flight Type (Full Service and Low Cost) and by Catering Type (Bakery & Confectionary, Meals, Beverages, and Others), and by Geography(Region) - Forecast To 2021

Utility Aspects of the Report

The Global In-Flight Catering Service Market is expected to grow at a CAGR of around 5% during 2016-2021. Increased emphasis on quality food services and passenger preferences to pay for premium food are some of the key drivers for the market growth.

In the catering types segment, meals accounts 50- 55% of the market share followed by bakery & confectionary and beverages.

The Global In-Flight Catering Service Market is expected to grow, supported by innovative services offered by airline companies. Airline companies are increasingly offering a broader food menu and food customization options to customers.

Growth dynamics in the Global In-Flight Catering Service Market are largely reliant on the health of the aviation sector. Key factors enhancing growth in the market include expanding global aircraft fleet, growth in the number of air passengers, and mushrooming of low cost airline companies in developing countries.

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Regional Analysis

APAC will dominate the market in the forecast period growing a CAGR of around 6%, followed by Americas and EMEA. Rapid urbanization, resurgence in discretionary spending, increase in international travel and tourism, and rising standard of living to complement aspirational travelling, are factors poised to drive growth in the region. By 2020, China is expected to supersede Japan to become the world's second largest source of business travel behind the United States.

The Middle East is also emerging as a hub of international airline activity, with the region registering the highest number of order bookings for new aircraft.

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