Market Overview:
The global aviation food market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for premium and customized food products in the aviation industry. In addition, the growing number of air passengers is also contributing to the growth of this market. The global aviation food market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into meals, bakery and confectionary items, beverages, and others (snacks and desserts). The meals segment is expected to account for a major share in terms of revenue in 2018 owing to its high demand among air passengers across all classes. The bakery and confectionary items segment is projected to grow at a higher CAGR during the forecast period as compared with other segments due to rising demand for these products among air passengers across all classes. On the basis of application, it can be classified into economy class, business class first class,,and others (VIP/executive lounges). Among these applications segments first-class are estimated hold maximum revenue share throughoutthe forecast period .
Product Definition:
Food that is prepared and served to passengers on board an aircraft. Aviation food is important because it helps to keep passengers healthy and comfortable while they are flying.
Meals:
Meal is a combination of food items served at a specific time to passengers during their journey. The concept of meal has evolved over the years and today it comprises various types of foods such as sandwiches, salads, pasta, etc. that are being increasingly consumed by passengers owing to the convenience they offer and nutritional value they contain.
Bakery and Confectionary:
Bakery and confectionary are foods that contain high amount of carbohydrates, fats and proteins. These products are prepared from basic ingredients such as flour, sugar, butter or margarine, milk or water with a few added flavoring agents.
Application Insights:
The others application segment includes premium class, first class, and economy class. The premium and first classes meals accounted for a major share in the market due to high spending by passengers on these services. Premium airlines offer a wide range of products including gourmet food, fine wines, and luxurious travel experiences which contribute to the overall demand for aviation food.
The growing popularity of e-commerce has resulted in reduced sales from traditional retail channels such as restaurants and supermarkets at airports owing to limited shelf space available at check-in counters or online. However, this trend is expected to change over the next few years with rising airport infrastructure development projects that will provide more shopping options inside the terminals.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing number of airline meals and passenger traffic in countries such as India, China, Japan, and Australia. Moreover, rising disposable income levels are anticipated to fuel the demand for these products in emerging economies of Asia Pacific.
North America accounted for a significant share owing to high demand from airlines operating across U.S., Canada, and Mexico for providing nutritious food on board that maintains passengers’ health standards at airports while keeping costs low by avoiding wastage or spoilage caused by pre-flight preparation or cooking onboard aircrafts. Europe aviation food market is also expected to witness considerable growth dueS its well established airline industry which has been catering Airport Food Services (FTS) since last few years with new innovative concepts such as ‘On Board Catering’ concept offered by easyJet Switzerland AG & Co.
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.4% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in the need for more food and beverage services in airports across the world.
- Growing popularity of airport lounges: Airport lounges are becoming increasingly popular, as passengers seek comfort and convenience while travelling. These lounges offer a wide range of food and beverage options, which is driving demand for aviation food products and services.
- Proliferation of budget airlines: Budget airlines have gained immense popularity in recent years, with carriers such as Ryanair and easyJet expanding their networks rapidly across Europe and beyond. This is resulting in increased demand for affordable food options at airports, which aviation catering companies can capitalize on by offering competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation Food Market Research Report
By Type
Meals, Bakery and Confectionary, Beverages, Others
By Application
Economy Class, Business Class, First Class, Others
By Companies
Gate Gourmet, LSG Sky Chefs, Sats Ltd, Cathay Pacific Catering Services (H.K.) Ltd, Dnata, Flying Food Group, Emirates Flight Catering, IGS Ground Services, Jetfinity, Newrest International Group SAS, Journey Group PLC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Aviation Food Market Report Segments:
The global Aviation Food market is segmented on the basis of:
Types
Meals, Bakery and Confectionary, Beverages, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Economy Class, Business Class, First Class, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gate Gourmet
- LSG Sky Chefs
- Sats Ltd
- Cathay Pacific Catering Services (H.K.) Ltd
- Dnata
- Flying Food Group
- Emirates Flight Catering
- IGS Ground Services
- Jetfinity
- Newrest International Group SAS
- Journey Group PLC
Highlights of The Aviation Food Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Meals
- Bakery and Confectionary
- Beverages
- Others
- By Application:
- Economy Class
- Business Class
- First Class
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aviation Food Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aviation food is a type of food that is specifically designed for people who are travelling in airplanes. This includes things like snacks, drinks, and meals.
Some of the major companies in the aviation food market are Gate Gourmet, LSG Sky Chefs, Sats Ltd, Cathay Pacific Catering Services (H.K.) Ltd, Dnata, Flying Food Group, Emirates Flight Catering, IGS Ground Services, Jetfinity, Newrest International Group SAS, Journey Group PLC.
The aviation food market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aviation Food Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aviation Food Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aviation Food Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aviation Food Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aviation Food Market Size & Forecast, 2018-2028
4.5.1 Aviation Food Market Size and Y-o-Y Growth
4.5.2 Aviation Food Market Absolute $ Opportunity
Chapter 5 Global Aviation Food Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aviation Food Market Size Forecast by Type
5.2.1 Meals
5.2.2 Bakery and Confectionary
5.2.3 Beverages
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aviation Food Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aviation Food Market Size Forecast by Applications
6.2.1 Economy Class
6.2.2 Business Class
6.2.3 First Class
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation Food Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aviation Food Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aviation Food Analysis and Forecast
9.1 Introduction
9.2 North America Aviation Food Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aviation Food Market Size Forecast by Type
9.6.1 Meals
9.6.2 Bakery and Confectionary
9.6.3 Beverages
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aviation Food Market Size Forecast by Applications
9.10.1 Economy Class
9.10.2 Business Class
9.10.3 First Class
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aviation Food Analysis and Forecast
10.1 Introduction
10.2 Europe Aviation Food Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aviation Food Market Size Forecast by Type
10.6.1 Meals
10.6.2 Bakery and Confectionary
10.6.3 Beverages
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aviation Food Market Size Forecast by Applications
10.10.1 Economy Class
10.10.2 Business Class
10.10.3 First Class
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aviation Food Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aviation Food Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aviation Food Market Size Forecast by Type
11.6.1 Meals
11.6.2 Bakery and Confectionary
11.6.3 Beverages
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aviation Food Market Size Forecast by Applications
11.10.1 Economy Class
11.10.2 Business Class
11.10.3 First Class
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aviation Food Analysis and Forecast
12.1 Introduction
12.2 Latin America Aviation Food Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aviation Food Market Size Forecast by Type
12.6.1 Meals
12.6.2 Bakery and Confectionary
12.6.3 Beverages
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aviation Food Market Size Forecast by Applications
12.10.1 Economy Class
12.10.2 Business Class
12.10.3 First Class
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aviation Food Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aviation Food Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aviation Food Market Size Forecast by Type
13.6.1 Meals
13.6.2 Bakery and Confectionary
13.6.3 Beverages
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aviation Food Market Size Forecast by Applications
13.10.1 Economy Class
13.10.2 Business Class
13.10.3 First Class
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aviation Food Market: Competitive Dashboard
14.2 Global Aviation Food Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gate Gourmet
14.3.2 LSG Sky Chefs
14.3.3 Sats Ltd
14.3.4 Cathay Pacific Catering Services (H.K.) Ltd
14.3.5 Dnata
14.3.6 Flying Food Group
14.3.7 Emirates Flight Catering
14.3.8 IGS Ground Services
14.3.9 Jetfinity
14.3.10 Newrest International Group SAS
14.3.11 Journey Group PLC
