Europe In Flight Catering Services Market - Analysis of Growth, Trends Progress and Challenges (2015-2020)
The Europe In-flight catering services market is expected to grow at a CAGR of 3.95% and grow to a market size of $ X.XX billion by the year 2020.
European diet is distinctly different from rest of the world and in this region, irrespective of country; high importance is given to a nutritious and healthy diet. However, European passengers, especially northern European, do not hold high expectations from their Airlines and are the least demanding of all demographics. But countries such as France, Italy, and Spain vary in this aspect and passengers of these countries demand quality food and are prepared to pay extra for the services.
European aviation market will record one of the slowest growths amongst all regions because of saturated market and poor economic conditions. But the region is one of the most well connected in the world and has a base of close to 4500 aircraft. Going into the future, close to 3/5th of the demand of new airplanes will be replacement demand. Despite the low growth of the European aviation market, large number of new airplanes will be bought and this will ensure growth of the In-Flight catering services market. 4/5th of the total aircraft deliveries will be of single aisle planes and a large share of the single aisle planes will go towards the growing low cost carriers. The catering for low cost carriers will register highest growth rates in the region.
Gate Gourmet, ISS Catering, LSG Sky chefs are some of the important players in the Europe in flight catering services market. The Europe In-flight catering services market has been segmented by aircraft class (Economy Class, Business Class, First Class, Others), by flight type (Full Service, Low Cost and Others), by food type (Meals, Bakery & Confectionary, Beverages and Others), and by Geography (Germany, France, Russia, United Kingdom and Others).
What the report offers Market analysis for the Europe In-Flight Catering Services Market specific assessments and competition analysis on global and regional scales Market definition along with the identification of key drivers and restraints Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect the Europe In-flight Catering Services Market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market Insights on the major countries in which this industry is blooming and to also identify the regions that are still untapped
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