In Flight Catering Services Market Forecast, Trends, and Growth 2031

Coverage: In Flight Catering Services Market covers analysis By Catering Service (In-house and Outsourced), Catering Type (Full Meal and Snacks), Aircraft Class (First Class, Business Class, Premium Economy, and Economy), and Flight Type (Full Service Carrier and Low Cost Carrier) and Geography

  • Report Code : TIPAD00002360
  • Category : Aerospace and Defense
  • No. of Pages : 150
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In Flight Catering Service Market Report - (Growth & Size by 2031)

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The In Flight Catering Services Market size is projected to reach US$ 22.41 billion by 2031 from US$ 12.38 billion in 2023. The market is expected to register a CAGR of 7.7% in 2023–2031. The growing requirement for food and beverage services on board for long-distance flights and rising consumer preference for airline travel are anticipated to drive the growth of in flight catering services market globally over the forecast period. The rising technological advancement in terms of ordering and payment convenience in the in flight catering services sector is driving the growth of in flight catering services market at the global level.

In Flight Catering Services Market Analysis

In flight catering services reference the food and beverages that airlines provide to their customers as onboard services. The growing consumer focus on additional service offerings apart from basic airline service offerings is anticipated to drive the market globally. Customers are opting for in flight catering services for long-haul and even short-distance travel, which is anticipated to influence the market positively. In long-haul flights, in flight catering services play a key role in customer engagement, which primarily distinguishes the particular airline from other service providers in the market.

In Flight Catering Services Market Overview

The growing consumer preference for airline travel for long or short-distance travel, along with the rising preference for catering services specifically for unusual time flight timings, are acting as major drivers for the in flight catering services market. The growing consumer focus on time-saving and convenient journeys is also anticipated to drive the growth of in flight catering service market globally. The high cost of food products and concern about the nutritious value of the canned food products may impede market growth of in flight catering services. However, the increasing number of domestic and international passengers may act as a major opportunity for the in flight catering service market.

Strategic Insights

In Flight Catering Services Market Drivers and Opportunities

Growing Number of Air Travel Passenger is Expected to be the Prime Driver for the In Flight Catering Services Market

The growing traveler’s preference for air travel for short or long distances is acting as a major driver for the in flight catering services market globally. The increasing consumer demand for additional services, such as lucrative food and beverage options and infant meal options in long haul travels, is also having a major positive influence on the market. Air travel saves time and effort, which is a growing consumer preference for airline travel. The rising number of air travelers around the world is driving the growth of the market globally.

Growing Airline Spending on In-Flight Catering Services

The airlines are more focused on the services to cater to a larger client base and entice new consumers. Services and amenities offered by the airlines play a noteworthy role in attracting customers. Comfortable seats, wide leg space, comfortable cabin temperature, and lucrative food and beverage offerings are some of the basic services customers are entitled to get with the purchase of tickets. Apart from the general services, the customers are also demanding good quality food and beverage options in long- and short-time travels. The airline service providers are investing more in procuring high-quality food items and snacks with a variety of options for their customers to provide better onboard services, which is anticipated to boost the growth of the market over the forecast period.

In Flight Catering Services Market Report Segmentation Analysis

Key segments that contributed to the derivation of the in flight catering services market analysis are catering service, catering type, aircraft class, and flight type.

  • Based on the catering service, the market has been divided into in-house and outsourced. The in-house segment held a larger market share in 2023.
  • In terms of catering type, the market has been segmented into full meal and snacks. The full meal dominated the market in 2023.
  • In terms of aircraft class, the market has been segmented into first class, business class, premium economy, and economy. The economy segments dominated the market in 2023.
  • In terms of flight type, the market has been segmented into full service carrier and low cost carrier. The full service segments dominated the market in 2023.

In Flight Catering Services Market Share Analysis by Geography

The geographic scope of the In Flight Catering Services Market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Europe led the in flight catering services market in 2023. The Europe region includes the UK, Italy, Germany, France, and Russia. High investment in high-quality food options for the airline sector is acting as a major driver for the market. The high presence of airlines and major in flight catering service providers are also driving the growth of the market in Europe.

In Flight Catering Services Market Report Scope

In Flight Catering Services Market News and Recent Developments

The In Flight Catering Services Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for In Flight Catering Services Market and strategies:

  • On July 2022, Emirates Flight Catering inaugurated one of the largest vertical farms in Dubai. (Source: Emirates Flight Catering, Press Release/Company Website/Newsletter)
  • On April 2023, Deutsche Lufthansa AG sold its airline catering firm to a private equity company named Aurelius Group. (Source: Deutsche Lufthansa AG, Press Release/Company Website/Newsletter)

In Flight Catering Services Market Report Coverage and Deliverables

The “In Flight Catering Services Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Market dynamics such as drivers, restraints, and key opportunities
  • Key future trends
  • Detailed PEST analysis
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
  • Detailed company profiles with SWOT analysis
REGIONAL FRAMEWORK

In Flight Catering Services Market Report Analysis

In Flight Catering Services Market

  • CAGR (2023 - 2031)
    7.7%
  • Market Size 2023
    US$ 12.38 Billion
  • Market Size 2031
    US$ 22.41 Billion

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • DO & CO Aktiengesellschaft
  • Emirates Flight Catering
  • SATS Ltd.
  • Gategroup
  • Newrest Group Services SAS
  • Deutsche Lufthansa AG
  • Flying Food Group LLC
  • Saudi Airlines Catering
  • ANA Catering Service Co. Ltd.
  • Egyptair In-flight Services

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Catering Service
  • In-house
  • Outsourced
By Catering Type
  • Full Meal
  • Snacks
By Aircraft Class
  • First Class
  • Business Class
  • Premium Economy
  • Economy
By Flight Type
  • Full Service Carrier
  • Low Cost Carrier
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

In Flight Catering Services Market Report Scope

Report Attribute Details
Market size in 2023 US$ 12.38 Billion
Market Size by 2031 US$ 22.41 Billion
Global CAGR (2023 - 2031) 7.7%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Catering Service
  • In-house
  • Outsourced
By Catering Type
  • Full Meal
  • Snacks
By Aircraft Class
  • First Class
  • Business Class
  • Premium Economy
  • Economy
By Flight Type
  • Full Service Carrier
  • Low Cost Carrier
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • DO & CO Aktiengesellschaft
  • Emirates Flight Catering
  • SATS Ltd.
  • Gategroup
  • Newrest Group Services SAS
  • Deutsche Lufthansa AG
  • Flying Food Group LLC
  • Saudi Airlines Catering
  • ANA Catering Service Co. Ltd.
  • Egyptair In-flight Services
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Catering Service, Catering Type, Aircraft Class, and Flight Type

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

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