In-Flight Catering Market Worldwide Industry Analysis, Future Demand and Forecast till 2031
The in-flight catering market is anticipated to grow at a CAGR of 5.9% during the forecast period (2024-2031). The market growth is driven by rising disposable income, growing middle-class population, a shift in travel preferences towards air travel, and growth in the tourism sector. The experience of the passenger is becoming the focus of the airline companies, leading to the offering of highest quality food and services. The riding competition among the market players is also contributing towards industry growth. The market is segmented based on flight type (into full service and low cost), food type (into meals, bakery & confectionery, beverages, and others), and geography (into North America, Europe, Asia-Pacific, and the Rest of the world).
Airlines are also delivering a
richer customer experience as the in-flight catering system becomes more
automated and catering management improves. Airlines are always looking for
specialized options for prospective onboard customers, such as pre-ordered food
services. American Airlines extended its pre-ordered food option to
premium-class guests on domestic American Eagle flights in February 2020. The
service seeks to provide travelers with meals tailored to their exact location.
This, in turn, is likely to boost market expansion. Moreover, the majority of
airline caterers and in-flight catering service providers are aiming to enhance
their supply chain management (SCM) in order to create high-quality commodities
while conducting efficient in-flight catering operations. For instance, in June
2021, Newrest negotiated a new partnership for in-flight food with American
Airlines. The company's in-flight catering standards enable the teams to
provide the highest degree of food safety, including HACCP tracking of food
manufacturing and end-to-end cold chain management.
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Market Coverage
•
The Market Number Available for – 2023-2031
•
Base year- 2023
•
Forecast period- 2024-2031
Segment Covered-
·
By Aircraft Class
·
By Flight Type
·
By Food Type
Regions Covered-
•
North America
•
Europe
•
Asia-Pacific
•
Rest of the World
•
Competitive Landscape- Flying Food Group LLC,
Gate Gourmet Switzerland GmbH, Journey Group Plc, and others.
In-Flight Catering Market
Report Segment
By Aircraft Class
·
Economy Class
·
Business Class
·
First Class
By Flight Type
·
Full Service
·
Low Cost
By Food Type
·
Meals
·
Bakery & Confectionary
·
Beverages
·
Others
A
full Report of In-Flight Catering Market is Available @ https://www.omrglobal.com/industry-reports/in-flight-catering-market
In-Flight Catering Market Report Segment by Region
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company Profiles
·
Abby’s Catering
·
ANA Catering Services Co., Ltd.
·
Brahim’s Holdings Berhad
·
Cathay Pacific Airways Ltd.
·
DO & CO Aktiengesellschaft
·
Flying Food Group LLC
·
Gate Gourmet Switzerland GmbH
·
Journey Group Plc
·
KLM Catering Services Schiphol bv
·
LSG Lufthansa Service Holdings AG
·
Newrest Group International S.A.S
·
SATS Ltd.
·
Servair SA
·
The Emirates Group
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