Global Inflight Catering Market Size, Industry Trends, Growth, Share, Demand and Forecast 2022-2027
According to the latest report by IMARC Group, “Global Inflight Catering Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global inflight catering market reached a value of US$ 12.09 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 15.75 Billion by 2027, exhibiting a CAGR of 4.20% during 2022-2027.
Inflight catering stands for the food services that are provided by airline companies to passengers during air travel. Some of the common products served include confectionery items, prepared meals, beverages, baked goods, etc. Food menus for inflight catering are distinguished based on various flight classes, such as economy, business, and first-class. Inflight catering enables airline companies to offer high-quality and diverse snacking options for providing an enhanced customer experience while generating revenue. Presently, it is available in several types, including full service, low cost, and hybrid.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Inflight Catering Market Trends and Drivers:
The widespread adoption of these services across the aviation industry owing to the increasing competition among airlines is among the key factors driving the inflight catering market. In line with this, the inflating need for ensuring enhanced onboard dining experiences is further catalyzing the market growth.
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Moreover, the introduction of meal pre-selection, mixed buy order, complimentary catering options, and other premium services for fulfilling the individual passenger requirements and complying with hybrid operational scenarios is acting as another significant growth-inducing factor. In addition to this, the emerging trend of automation in the food and beverage (F&B) sector is catering to the utilization of tablets and mobile devices for ordering meals, which is also augmenting the global market.
Furthermore, the implementation of stringent regulations by government bodies regarding inflight catering standards for food safety, hygiene, sanitization, etc., especially on account of the sudden outbreak of the COVID-19 pandemic, is expected to fuel the inflight catering market in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Inflight Catering Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AAS Catering Co. Ltd, Abby’s Catering, Cathay Pacific Catering Services (H.K.) Ltd. (Cathay Pacific Airways), DO & CO Aktiengesellschaft, Emirates Flight Catering (The Emirates Group), Flying Food Group, Gategroup, Jetfinity, KLM Catering Services Schiphol, LSG Sky Chefs (Lufthansa AG), Sats Ltd. (Singapore Airlines), Saudi Airlines Catering and Universal Weather and Aviation Inc.
The report has segmented the market on the basis of region, food type, flight service type and aircraft seating class.
Breakup by Food Type:
- Bakery and Confectionary
Breakup by Flight Service Type:
- Full-Service Carriers
- Low-Cost Carriers
Breakup by Aircraft Seating Class:
- Economy Class
- Business Class
- First Class
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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