Global Inflight Catering Market Size By Service Type, By Food Type, By Class, By Geographic Scope And Forecast

Report ID: 12212|No. of Pages: 202

product image

Global Inflight Catering Market Size By Service Type, By Food Type, By Class, By Geographic Scope And Forecast

Report ID: 12212|Published Date: May 2024|No. of Pages: 202|Base Year for Estimate: 2023|Format:   Report available in PDF formatReport available in Excel Format

Inflight Catering Market Size And Forecast

Inflight Catering Market size was valued at USD 17.16 Billion in 2023 and is projected to reach USD 25.88 Billion by 2030, growing at a CAGR of 8.58% during the forecast period 2024-2030.

The Inflight Catering Market encompasses the provision of food and beverage services to passengers aboard commercial airlines. This includes the preparation, packaging, and delivery of meals, snacks, and beverages tailored to meet the diverse preferences and dietary requirements of airline passengers. Inflight catering services are vital components of the overall passenger experience, contributing significantly to airline brand perception and customer satisfaction. The market also involves collaboration between airlines, catering companies, and food suppliers to ensure the quality, variety, and safety of onboard dining options.

Inflight Catering Market is estimated to grow at a CAGR of 8.58% & reach US$ 25.88 Bn by the end of 2030

Global Inflight Catering Market Drivers

The market drivers for the Inflight Catering Market can be influenced by various factors. These may include:

  •  Growth in Air Passenger Traffic: The in-flight catering business is significantly influenced by the steady increase in air passenger traffic, which is fueled by factors including rising disposable incomes, an expanding middle class, and an increase in tourism. The market is driven by an increase in the demand for in-flight amenities and meals as more people travel by air.
  •  Focus on Passenger Experience: In an effort to obtain a competitive advantage, airlines are placing a greater emphasis on improving the overall passenger experience. High-quality food and services may greatly increase passenger happiness and loyalty, which is why in-flight catering is so important. As a result, airlines are making investments to raise the caliber, diversity, and presentation of their onboard meals.
  •  Preferences of Airlines for Outsourcing: Rather than handling their catering internally, several airlines would rather contract with specialized businesses. Airlines may lower expenses, boost productivity, and get access to a greater variety of food alternatives through outsourcing. Because of this, there is a growing need for specialty in-flight food services, which is propelling market expansion.
  •  Regulatory Requirements: Aviation authorities are subject to stringent laws concerning the safety and hygienic practices of food served during flights. Because of the specialized knowledge and infrastructure needed to comply with these rules, airlines must rely on reputable catering businesses. Therefore, one of the main factors driving the in-flight catering market is the requirement to comply with regulations.
  •  Increasing aviation Competition: To stand out from the competition and draw in more customers, airlines compete fiercely in the aviation sector. One way airlines try to differentiate themselves is by providing excellent in-flight meals and services. Airlines are concentrating more on enhancing their in-flight catering options as competition heats up, which is propelling market expansion.
  •  Innovations in Food Packaging and Delivery: The industry for in-flight catering has seen a radical transformation because to developments in food packaging and delivery technologies. These developments enable airlines to provide customers with a greater selection of freshly prepared, premium meals—even on lengthy trips. Improving the whole in-flight dining experience, improved food packaging also contributes to the preservation of food quality and freshness.
  •  Shifting Customer Preferences: Over time, travelers’ tastes for meals on flights have changed. Passengers today have a wider range of food choices and restrictions in addition to being more health-conscious. In response to these shifting consumer tastes, airlines are expanding their selection of in-flight meal options to include vegetarian, vegan, gluten-free, and organic options. The in-flight catering sector is growing and innovating to meet these changing consumer requirements.

Global Inflight Catering Market Restraints

Several factors can act as restraints or challenges for the Inflight Catering Market. These may include:

  •  Rules and Compliance: Strict guidelines and requirements about food safety, hygienic practices, and quality apply to in-flight catering. Catering businesses may find it expensive and difficult to meet these requirements.
  •  Logistics & Supply Chain: It can be difficult to coordinate the timely delivery of food and drink supplies to airlines in multiple places, particularly for lengthy flights. A supply chain breakdown or delay may have an effect on the availability and caliber of catering services.
  •  Expense management: The sourcing, preparation, packaging, and shipping of food all come at a major expense when it comes to in-flight catering. Currency exchange rates, fuel prices, and other variables can all have an impact on a catering company’s total cost structure.
  •  Competition: A number of catering businesses are fighting for airline contracts in the very competitive in-flight catering sector. Pricing pressures and the need for constant innovation to keep ahead of the competition may result from this competition.
  •  Budgets and tastes of Airlines: The demand for catering services can be influenced by the differences in airlines’ budgets and tastes for in-flight meals. The caliber and range of catering options may suffer if certain airlines give priority to cost-cutting methods.
  •  Environmental Concerns: Sustainability and lessening its environmental impact are top priorities for the aviation sector. There may be pressure on aviation catering businesses to implement eco-friendly procedures, which could complicate and increase the cost of their business.
  •  Shifting Consumer Preferences: As the demand for healthier, more varied, and personalized food alternatives increases, so do passengers’ tastes and preferences for meals served in flight. It might be difficult for catering businesses to adjust to these shifting preferences.

Global Inflight Catering Market Segmentation Analysis

The Global Inflight Catering Market is Segmented on the basis of Service Type, Food Type, Class and Geography.

Inflight Catering Market Segmentation Analysis

Inflight Catering Market, By Service Type

  •  Full-Service Airlines: These airlines typically offer a wide range of inflight catering options, including hot meals, beverages, and snacks, often included in the ticket price.
  •  Low-Cost Airlines: These airlines usually provide limited catering options for purchase, focusing on quick and cost-effective service to keep ticket prices low.
  •  Charter/Private Airlines: Catering for charter and private airlines is often more personalized and can range from basic snacks to gourmet meals, depending on the client’s preferences.

Inflight Catering Market, By Food Type

  •  Meals: Includes main course options, such as chicken, pasta, or vegetarian dishes, often accompanied by sides and desserts.
  •  Bakery and Confectionery: Includes items like bread, pastries, cakes, and cookies, which are popular choices for inflight snacks.
  •  Beverages: Includes a variety of drinks, such as water, soft drinks, juices, tea, coffee, and alcoholic beverages.
  •  Others: This category may include special items like fruit platters, cheese plates, or specialty snacks.

Inflight Catering Market, By Class

  •  First Class: Offers passengers a premium dining experience with a wide selection of high-quality meals and beverages.
  •  Business Class: Provides a more refined dining experience compared to economy class, with a focus on quality and presentation.
  •  Economy Class: Offers basic meal options that are more cost-effective and suitable for shorter flights.

Inflight Catering Market, By Geography

  •  North America: Market conditions and demand in the United States, Canada, and Mexico.
  •  Europe: Analysis of the INFLIGHT CATERING MARKET in European countries.
  •  Asia-Pacific: Focusing on countries like China, India, Japan, South Korea, and others.
  •  Middle East and Africa: Examining market dynamics in the Middle East and African regions.
  •  Latin America: Covering market trends and developments in countries across Latin America.

Key Players

The major players in the Inflight Catering Market are:

  • Gategroup
  • LSG Sky Chefs
  • SATS Ltd
  • Cathay Pacific Catering Services (H.K.) Ltd
  • The Emirates Group

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2030

Base Year

2023

Forecast Period

2024-2030

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

Gategroup, LSG Sky Chefs, SATS Ltd, Cathay Pacific Catering Services (H.K.) Ltd, The Emirates Group

Segments Covered

By Service Type, By Food Type, By Class, By Geography

Customization scope

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

 Analyst’s Take

The Inflight Catering Market is poised for robust growth in the coming years, driven by increasing air travel demand, rising expectations for premium onboard dining experiences, and advancements in catering technology and logistics. As airlines seek to differentiate their services and enhance passenger loyalty, they are placing greater emphasis on offering diverse and innovative inflight dining options. Additionally, the growing trend towards healthier and more sustainable food choices is shaping the development of inflight catering menus and procurement practices. Market players that can adapt to evolving consumer preferences, maintain high standards of food safety and quality, and optimize operational efficiency will be well-positioned to capitalize on the expanding opportunities within the Inflight Catering Market

Research Methodology of Verified Market Research:

Research Methodology VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Inflight Catering Market was valued at USD 17.16 Billion in 2023 and is projected to reach USD 25.88 Billion by 2030, growing at a CAGR of 8.58% during the forecast period 2024-2030.

Growth in Air Passenger Traffic, Focus on Passenger Experience,Preferences of Airlines for Outsourcing, Regulatory Requirements are the factors driving the growth of the Inflight Catering Market.

The major players are Gategroup, LSG Sky Chefs, SATS Ltd, Cathay Pacific Catering Services (H.K.) Ltd, The Emirates Group.

The Global Inflight Catering Market is Segmented on the basis of Service Type, Food Type, Class and Geography.

The sample report for the Inflight Catering Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1. Introduction
· Market Definition
· Market Segmentation
· Research Methodology

2. Executive Summary
· Key Findings
· Market Overview
· Market Highlights

3. Market Overview
· Market Size and Growth Potential
· Market Trends
· Market Drivers
· Market Restraints
· Market Opportunities
· Porter’s Five Forces Analysis

4. Inflight Catering Market, By Service Type
• Full-Service Airlines
• Low-Cost Airlines
• Charter/Private Airlines

5. Inflight Catering Market, By Food Type
• Meals
• Bakery and Confectionery
• Beverages
• Others

6. Inflight Catering Market, By Class
• First Class
• Business Class
• Economy Class

7. Regional Analysis
· North America
· United States
· Canada
· Mexico
· Europe
· United Kingdom
· Germany
· France
· Italy
· Asia-Pacific
· China
· Japan
· India
· Australia
· Latin America
· Brazil
· Argentina
· Chile
· Middle East and Africa
· South Africa
· Saudi Arabia
· UAE

8. Market Dynamics
· Market Drivers
· Market Restraints
· Market Opportunities
· Impact of COVID-19 on the Market

9. Competitive Landscape
· Key Players
· Market Share Analysis

10. Company Profiles
1. Gategroup
2. LSG Sky Chefs
3. SATS Ltd
4. Cathay Pacific Catering Services (H.K.) Ltd
5. The Emirates Group

11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix
• List of Abbreviations
• Sources and References

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Inflight Catering Market

report-detail

Download Sample Report

View More Reports