Global In-Flight Catering Service Market Outlook, Opportunities And Strategies – Includes In-Flight Catering Service Market Trends
Learn about the global in-flight catering service market through The Business Research Company, which provides information on in-flight catering service market size, in-flight catering service market drivers and restraints, in-flight catering service market players, the COVID-19 impact on the in-flight catering service market, and more.
The global in-flight catering service market is expected to grow from $14.57 billion in 2021 to $15.85 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The global in-flight catering services market size is expected to grow to $20.52 billion in 2026 at a CAGR of 6.7%.
Increased air traffic is expected to propel the growth of the in-flight catering services market.
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The in-flight catering service market consists of sales of food by entities (organizations, sole traders, and partnerships) that are used to feed passengers in flight with packaged food and beverages. Flight catering service refers to an airline meal, airline food, or in-flight meal. These catering services provide highly specialized skills, technology, and quality-oriented food catering for airline passengers. These meals are prepared by catering companies.
Global in-flight catering service market segments include:
By Aircraft Seating Class: Economy Class, Business Class, First Class
By Source: In-house, Outsource
By Flight Type: Full Service Carriers, Low Cost Carriers
By Food Type: Meal, Bakery and confectionery, Beverage, Other Types
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global in-flight catering service market in 2021.
Increasing investment is the key trend gaining popularity in the in-flight catering services market. Many companies operating in the in-flight catering services sector are focused on investments to meet customer demand.
Major Market Players: Gate Gourmet, LSG Group, Servair S.A., SATS Ltd, Journey Group Plc, ANA Catering Service Co. Ltd, Emirates Flight Catering, Flying Food Group, Newrest Group Services SAS, AAS Catering, Egypt Air In-Flight Services, KLM Catering Services Schiphol, Air Fayre, and Abby’s Catering.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The In-Flight Catering Service Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides in-flight catering service market overviews, analyzes and forecasts market size, share, in-flight catering service market players, in-flight catering service market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s in-flight catering service market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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