China In-flight Catering Market - Segmented By Flight Type, By Airport Type, By Food Type - Analysis of Growth, Trends Progress and Challenges (2018 - 2023)
The Chinese In-flight catering market is expect to grow at a CAGR of 5.5% during the forecast period.
China is the world’s second largest and one of the world’s fastest growing civil aviation markets which holds higher number of aircraft orders than the neighbouring countries. The main force driving the In-flight catering market is rising disposable income and improved air connectivity. In-flight catering service providers of this country have higher margin opportunities in market from the business class passengers as they are ready to pay high for better quality food.
Chinese culinary habits are influenced by the available resources in the country and the diversified geography because of which providing different food options to passengers is one of the biggest challenges to the companies.
The economy class dominates the Chinese in-flight catering service market, followed by the business and first class. Unlike the cabin interior market, where the business and first class hold disproportionate shares by the number of seats; in the in-flight catering services market, they hold a lower share.
One of the major trends in Chinese economy-class meals is the growing passenger preference for healthy in-flight food services. Generally business and first class passengers were always ahead in demanding healthy food options but now, the economy class passengers are also joining the demand and Instead of red meat options (beef and pork) passengers are demanding white meat (chicken and fish).
The low-cost airlines business model is dependent on minimizing operating expenditure which includes reducing the turnaround time as much as possible. Since, loading and unloading food takes time, caterers have to come up with solutions to increase the shelf life of food, so that lower procurement volumes are required and lot of development have taken place in this segment, as new technologies allow food to be kept for as long as seven days without any contamination.
Key Players: LSG Lufthansa Service Holding AG, Newrest Group International SAS, Emirates Flight Catering, Journey Group plc.
Feb 2018: Hong Kong Airlines awarded Gate Gourmet Japan with “Best Caterer 2017”.
July 2017: Air China have announced that they have entered into a partnership with the Ritz-Carlton Hotel in Beijing, as part of the company’s strategy to transform customer needs into a gourmet on=board experience
Aug 2017: The LSG Group and Sichuan Airlines have extended their joint venture contract for a period of 20 years.
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