The global market for InFlight Caterings is anticipated to grow owing to the increasing rate for Air Travels worldwide. The market is forecasted to demonstrate an upsurge growth by 2021, with a substantial CAGR of 5% during the projected period (2016 -2021).
Food safety is a major focus area for companies operating in the global InFlight Caterings market. With quality and hygiene becoming a deciding factor for passengers in choosing a flight, catering companies are adopting stringent safety and sanitation measures to maintain quality of food.
Key factors that impacting InFlight Catering market growth positively; are expanding global aircraft fleet, growth in the number of air travels, and emergence of low cost airline companies in developing countries. Burgeoning customer demand for nutritious food options, even while travelling, is driving growth in the market.
Key Players of InFlight Catering Market
Emirates Flight Catering
Do & Co
Egypt Air In Flight Services
Growth Drivers & Restraints of Global InFlight Catering Market
Global InFlight Catering Market is driven by the growth in airline passengers over the past few years. Growth dynamics in the global airline catering market are extremely reliant on the growth of the aviation sector. Increased emphasis on quality food services and passenger preferences to pay for premium food are some of the key drivers for the market growth. Also, factors such as rising disposable incomes, increasing airline passengers, advancement of technology in flight food ordering system, rising on-board catering is contributing to the market growth. Additionally, growing customer demand for nutritious food options led by growing awareness over the nutritional value of food, rising health consciousness are some of the additional factors supporting to the market growth.
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