Saturday, July 6, 2024

Europe In-Flight Catering Services Market Share 2023, Growth, Rising Trends, Revenue, CAGR Status, Challenges, Business Opportunity and Forecast Analysis 2033: SPER Market Research

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The provision of food and beverages to passengers on board an aircraft during a flight is referred to as “in-flight catering services.” These services are an essential component of the airline industry and help passengers have a better overall travel experience. It is the significant component for specialize airline businesses. Such food services makes travelling through airlines more interesting and memorable.

According to SPER market research, ‘Europe In-Flight Catering Services Market Size- By Food Type, By Flight Category, By Aircraft Seating Class, By Catering Type, By Flight Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe In-Flight Catering Services Market is predicted to reach USD XX billion by 2033 with a CAGR of XX%.

The major factors responsible for the expansion of the market are increase in travellers on airlines, change in lifestyle and advancement in ordering of food on flight process. The number of airline passengers and flights is growing due to economic and demographic growth. The growing middle class is stimulating airline activity. Also, there is the emergence of low-cost airlines which offer competitive prices on popular destinations. Rise in disposable income have led to more spending and demand. Furthermore, a lot of people’s evolving lifestyles necessitate fine, gourmet, healthful food—even on flights. In the food industry, customizing meals and drinks to meet each customer’s specific needs is becoming more and more popular due to expanding consumer health consciousness and urban lifestyles.

However, regulations in the quality of food served remains biggest challenge for the industry. It has been acknowledged that a food safety management system covering every aspect of food production, from product design to on-board service, is necessary to guarantee the safety of food and drink when consumed. Under the direction of the International Flight Services Association (“IFSA”) and the Association of European Airlines (“AEA”), the World Food Safety Guidelines are being developed through a voluntary process that brings together interested parties who wish to express their opinions on the topics covered herein. The World Food Safety Guidelines for airline catering serve as a fundamental point of reference for all parties involved and outline an efficient food safety control concept that is applicable to the airline industry globally. Some food and catering services that do not comply with food safety regulations and guidelines for in-flight catering services may be eliminated due to the strict regulations.

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Furthermore, like many other industries and services, this industry was too harshly hit by Covid-19. Due to restrictions on flight schedules, logistics, and transportation, as well as the closure of the food and beverage industry, there was sudden fall in the demand of in-flight catering services market in Europe. Hiring freeze and there were cases of job losses as well. It has led to long-lasting and detrimental effects on the market from which has managed to recover but the recovery has been slow. On the other hand, it has been anticipated that growing government backing and improvements to the system for ordering food on flights will present profitable chances for new opportunities and venues.

Germany, France, The United Kingdom, Italy, Russia, Spain, the Netherlands, Switzerland, Turkey, Belgium, and the Rest of Europe are the nations included in this market. Due to a growing number of domestic flights and rising passenger demand for in-flight catering services, Germany is predicted to dominate the European market for in-flight catering services over the course of the forecast period. Additionally, some of the market key players are Abby’s Catering, AeroChef, Air Culinaire Worldwide, Air Fayre, Air Gourmet, Ana Catering Service Co Ltd., Beha Catering, Flying Food and Saudi Airlines Catering and others.

For More Information, refer to below link:-

Europe In-Flight Catering Services Market Outlook

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