In-flight Catering Service Market is expected to reach US$ 16.31 billion by 2028

The In Flight Catering Service Market size is expected to reach US$ 16.31 billion by 2028; registering at a CAGR of 9.2% from 2022 to 2028, according to a new research study conducted by The Insight Partners.

Increasing Number Low-Cost Carrier Fleet to Provide Growth Opportunities for In Flight Catering Service Market During 2022–2028

In the global aviation industry, low cost carriers are gaining immense importance. The robust business models with respect to ticketing, airport services, on-board services, and others are facilitating the low cost carriers to attract passengers from all classes of society. The carriers, especially in developing regions across the world, are continuously enhancing their facilities and services for every class, including economy, premium economy, and business class. The peer low cost carriers across the world compete among themselves on the basis of food & beverage quality, catering service, and price. The passengers across the world are increasingly inclining toward hygienic food at an affordable price, which is driving the trend of in-flight catering services in low cost carriers. The surging passenger traffic in low cost carriers is pressurizing the LCCs to partner with top-class hotels and chefs to offer hygienic food and beverages to their passengers. Additionally, several low cost carriers are introducing long haul flights, which is also facilitating the airlines to introduce better quality food. The global aviation sector is experiencing cost pressure, which is leading several full service airlines to drop in-flight catering services on their short haul and medium haul flights owing to the high price of catering. As a result, low cost carriers are reporting high passenger count. Therefore, the demand for in-flight catering services on short haul and medium haul flights of low cost carriers is impressive. Owing to all these factors, the global in flight catering service market will witness steep growth through low cost carriers in the coming years. 

The COVID-19 outbreak led to the temporary closure of all domestic and international air routes owing to government regulations on flights to combat the spread of the virus infection. Only emergency flights were operational to bring residents from different countries to their homeland. The decrease in the number of air passengers negatively impacted the aviation sector and the additional services market during the pandemic. These factors declined the in flight catering service market growth in 2020. However, with the normalization of flight routes in 2021, the aerospace industry started to receive demand for airlines, which helped the revival of the in flight catering service market.

In Flight Catering Service Market ­– by Region, 2022 

Source: The Insight Partners Analysis

The global in flight catering service market size is experiencing steady growth and is anticipated to rise in the coming years. There are well-established in flight catering service market players operating across the globe. The players invest huge amounts in delivering better quality foods and beverages to their customers. The airlines are procuring the increased number of aircraft to meet demand from growing air passengers across the globe, which is also significantly driving the in flight catering service market growth.

The global in flight catering service market size is segmented into five major regions—North America, Europe, Asia Pacific, the Middle East & Africa, and South America. The market is well established in European countries, followed by North American countries and Asian countries. The rising number of passengers in European countries is demanding a high number of aircraft. The increasing procurement of aircraft is influencing the airlines to offer outsourced or in-house catering service providers to introduce their full meals and snacks on the newer fleets This is catalyzing the demand for in-flight catering services in Europe. A similar trend is also observed in North American countries. In addition, the population of North America has higher disposable income, which enables them to invest in luxuries. Thus, air travelers in the US, Canada, and Mexico invest substantial amounts in on-board catering while traveling.

DO & CO Aktiengesellschaft, Emirates Flight Catering, SATS Ltd., Gategroup, Newrest Group, Deutsche Lufthansa AG, Flying Food Group LLC, Saudi Airlines Catering, ANA Catering Service Co. Ltd., and Egyptair In-flight Services are among the key in flight catering service market players operating across the globe. A few major developments in the global in flight catering service market are mentioned below:

• In 2021, Newrest announced the launch of its in flight catering services across major US airlines, including Delta Air Lines and United Airlines.
• In 2021, Lufthansa announced the launch of its catering services across its economy-class flights. The service is launched by the name “Onboard Delights” to offer quality onboard meals to economy class passengers.

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