Food innovations to present lucrative opportunities in regional markets Forecast 2018 to 2026 – The Courier


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The report offers actionable and valuable insights into the In-Flight Catering market. The latest report from Fact.MR provides details about the current scenario of the In-Flight Catering market across various regions along with the historical data and In-flight catering market forecast. The report also includes in-flight catering sales and demand information across various industries and regions. Market dynamics including the latest trends, challenges, growth opportunities, and drivers are also provided in the In-Flight Catering market report.

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According to the International Air Transport Association (IATA), domestic and international air traffic experienced significant growth in 2017. Additionally, IATA predicts that the number of air travelers will double by 2035. Due to the target In-flight catering market opportunities created by ever-increasing air transport traffic, airlines are offering high-end in-flight catering services to attract more customers and thus grow their businesses.

A new Fact.MR study envisions the in-flight catering market to create opportunities of over US $ 9.5 billion by the end of 2026. Delivering an opulent in-flight experience for travelers, coupled with a demand for Healthy meals on board, regardless of the Travel class is expected to propel the growth of the in-flight catering market in the near future.

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Food innovation coupled with the integration of technology will be a leading trend for the in-flight catering market

To enhance the in-flight experience through in-flight catering, major players are embracing digital services such as using a smartphone to order food and drink. Few of the airlines operating in the world also allow passengers to order through in-flight entertainment systems. In addition, some airlines serve regional / continental meals in order to satisfy the indigenous cravings of passengers on board. Word of mouth publicity of these trends can certainly help in the growth of the in-flight catering market.

In-flight catering market: Low cost carriers combined with economy service are expected to experience above average growth during the forecast period

Low cost carriers must remain popular with frequent travelers. Regardless of the seat class, the increasing expectation of passengers to consume hygienic food is expected to fuel the demand of the in-flight catering market. Moreover, the growing healthcare awareness across the globe is pushing the global players in the in-flight catering market to plan and model their strategies accordingly. Airlines are primarily known for their quality of food and drink and the in-flight catering service provided sets them apart from its peers. As the main trend in the in-flight catering market, to meet the demands of the passengers, the major airlines provide free meals to the passengers to make a rich in-flight dining experience.

Low-cost carrier in-flight catering market revenues will reach nearly US $ 16 billion by the end of 2026. LCCs are widely preferred for the short and medium-haul segment. However, traditional airlines have launched low cost airlines due to the opening of new routes by these low cost carriers. Some of these LCCs offer premium inflight catering services to gain regional brand share. In addition, economy airlines use on-board catering and catering as a marketing tool.

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Strategic partnerships with airlines to create take-off opportunities for in-flight catering service providers

The majority of players in the in-flight catering market are making efforts to improve the in-flight experience of travelers in order to sustain this very dynamic industry. Global players are focused on geographic expansion, primarily in emerging markets. To meet the diverse preferences of customers around the world, airlines are entering into partnerships with leading on-board catering brands.

To counter the growing expectations of passengers, collaborations between airlines and in-flight catering brands make it possible to offer a variety of meals with consistent quality. These collaborations guarantee a win-win situation, that is to say help to improve the quality of the dishes served and also reduce the cost of the in-flight catering service. This trend of collaboration between airlines and in-flight catering service providers is widely followed in the market. This is expected to intensify the activities of airlines and catering players and thus drive the growth of the in-flight catering market.

Europe region will dominate the global in-flight catering market throughout the forecast period, followed by North America. However, the APEJ region is expected to experience significant growth in the in-flight catering market until 2026.

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The in-flight catering market research answers some important questions, including the following:

  1. Why are the inflight catering market players focused on expanding business in the region?
  2. Which regulatory authorities have approved the in-flight catering market application
  3. What are the advantages and disadvantages of the in-flight catering market on the environment?
  4. Why do players target segment production?
  5. What strategies are implemented by the emerging players in the global inflight catering market?

The In-Flight Catering Market report provides the readers with the following data:

  • In-depth analysis of trends on the supply and demand side.
  • Direct and indirect impacts of the growth of relevant markets on in-flight catering
  • Importance of the segment in various regions.
  • Precise year-on-year growth in global in-flight catering
  • Consumer trends around the world.

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We are very proud to say that our work is recognized by more than 150 countries around the world. Our experience is conveyed by the fact that we have published over 6,000 reports, thanks to our dedicated team of professionals. With digital intelligence solutions, we help our customers stay in control. Our team of over 300 analysts is available 24/7 to provide dynamic updates across various industry verticals and businesses.

Check out Fact.MR’s full food coverage & Beverages Landscape

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