In-flight Catering Services Market to Reach Valuation of USD 29.5 Billion by 2027, States Transparency Market Research

In-flight Catering Services Market to Reach Valuation of USD 29.5 Billion by 2027, States Transparency Market Research

PR Newswire

ALBANY, New York, March 24, 2020

-  Shift from complimentary to a la carte meals in a number of passenger flights leading to growth in the market

-  Global in-flight catering services market to chart a compound annual growth rate of 5% over the forecast period

ALBANY, New York, March 24, 2020 /PRNewswire/ -- Over the period 2019 to 2027, the global in-flight catering services market is set to grow at a rate of 5.0%. This will help the market move from valuation of USD 18 billion in the year 2018 to USD 29.5 bn. by the year 2027. A number of growth factors are underscoring growth in the market.

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As per Transparency Market Research, "Key demographic in the global in-flight catering services market would be the millennial population. It is involved in massive travelling activities, which are supported by increase in disposable income."

Key Findings of the Global In-Flight Catering Services Market Study:

For a detailed analysis of in-flight catering services market by offering, provider, catering service type, service type, airline, and flight, Visit: https://www.transparencymarketresearch.com/in-flight-catering-market.html

Key Drivers of Growth in the Global In-Flight Catering Services Market:

A number of trends and drivers are propelling the global in-flight catering services market over the forecast period. The prominent ones, as identified by Transparency Market Research, are outlined below:

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Key Impediments to Growth of Global In-Flight Catering Services Market:

The global in-flight catering services market is set to chart a sturdy growth curve over the assessment period. However, there are certain restraints that are hampering the growth of the market in the same period. One such limitation to growth is the introduction of paid meals, which is concerns a few vendors.

Regional Analysis of Global In-Flight Catering Services Market:

Analyze in-flight catering services market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Competitive Landscape of Global In-Flight Catering Services Market:

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/36608

The global in-flight catering services market is segmented by:

Offerings

Service Type

Region

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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