latin-america-in-flight-catering-services-market Latin America In Flight Catering Services Market

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Latin America In Flight Catering Services Market

  • Published Date: 13 Oct 2018
  • Number of Pages: 218
  • Category: Aerospace
  • Country: Latin America

The Latin America In-flight catering services market was valued at US$ XX Mn in 2017 and is expected to reach US$ XX Mn by 2022 growing at a CAGR of XX% during the forecast period. In general an airline meal is the food, served to the passengers on board a commercial airliner, prepared by specialist airline catering services. These meals vary in quality and quantity depending upon the airline companies and classes of travel. They range from simple snacks or beverages in short-haul economy class to a seven-course grand meal in a first class long-haul flight.
While ticket prices are regulated by governments in the domestic market, food is the one of the primary means different airlines differentiate themselves.
The primary users of these marketing services are the various airliners and privet jets.

Market Dynamics:

The following factors are significant in deciding the fate of the market:

> Market Drivers: Latin America aviation sector is predicted to be the fastest growing among its counterparts owing to tourism and occurrence of some major sporting events like Olympics and football world cups in the region. Thus going hand in hand with the aviation market the catering services market gets a major boost. Latin America is known for its healthy food habits. Using this fact as an advantage the catering services could exercise value addition much more freely.
> Market Restraints: Latin American economy recently faced a huge setback with some of the key nations like Brazil being badly hit. This has resulted in the decrease of average incomes of the people. To maintain their business airlines have reduced the price of the tickets, compromising with the airline meals. This has been a major challenge for the industry.
> Market Opportunities: Market opportunities mainly lie in govt. incentives and support to extend the airliner facilities to a larger number of people.

Market Segmentation:

The market can be segmented into the following categories:

> Based on the aircraft class: Economy class, Business class, First Class, Others
> Based on the carrier type: Full service, Low-cost, Others
> Based on the food type: Meal, Bakery & Confectioneries, Beverage & Others

Geographic Analysis:

The market in Latin America is witnessing a steady growth. Some of the prominent nations in this geographical area are Argentina, Brazil, Mexico, Colombia etc.

Key Players:

Some of the key players in the market are: Goddard Catering, Gate Gourmet, IGS Flight Catering

Report Contents:

> Latin America In Flight Catering Services Market segments
> Latin America In Flight Catering Services Market Drivers, Restraints and Opportunities
> Latin America In Flight Catering Services Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Latin America In Flight Catering Services Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> Latin America

Rest of Latin America

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Latin America In Flight Catering Services Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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