Global In-flight Catering Services Market Size, Share, and COVID-19 Impact Analysis By Flight Type (Full-Service Carrier, Low-Cost Carrier and Other), By Airlines (Large Airlines, Medium Airlines and Small Airlines), By Airline Class (Economy, Premium Economy, Business and First class), By F&B Type (Meal, Bakery & Confectionery, Beverages and Others) and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2021 - 2030
Industry: Aerospace & DefenseGlobal In-flight Catering Services Market Insights Forecasts to 2030
- The global In-flight Catering Services market was valued at USD 8.45 billion in 2021.
- The market is growing at a CAGR of 10.1% from 2021 to 2030
- The global In-flight Catering Services market is expected to reach USD 40.2 billion by 2030
- The Europe is expected to grow the fastest during the forecast period
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The global 8.45 billion market is expected to reach USD 40.2 billion by 2030, at a CAGR of 10.1% during the forecast period 2021 to 2030. The demand for in-flight food services has increased due to an increase in long-haul and non-stop flights, which is mostly due to an increase in both leisure and business travel. The In-flight Catering Services market is growing due to the spike in demand for the product across various Airline classes worldwide.
Market Overview
The supply of meals to passengers when they board an aircraft is the responsibility of the in-flight catering service. Catering businesses make these meals, which are then delivered to passengers by trolley. Due to increased in-flight catering automation and catering management advancements, airlines offer a great passenger experience. Airlines constantly look for ways to offer customised services to potential onboard customers, like pre-ordered meal options. Businesses are embracing a unique trend that helps them fulfil their clients' special dietary needs and improves customer satisfaction: offering continental meal alternatives. The majority of in-flight catering service providers and airline caterers are aiming to enhance their supply chain management (SCM) in order to generate high-quality products while effectively managing their in-flight catering operations. Launching new, essential safety regulations for expert commercial kitchens and the strong demand for commercial aeroplanes also impact the industry. Additionally, the market for in-flight catering services is positively impacted by changes in consumer lifestyles, increased urbanisation, a rise in disposable income, and an increase in the number of domestic and international passengers. Additionally, during the forecast period, improvements in the aircraft meal ordering system and increased onboard cooking are projected to present lucrative prospects to industry players.
Global In-flight Catering Services Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2021 |
Market Size in 2021: | USD 8.45 Billion |
Forecast Period: | 2021 - 2030 |
Forecast Period CAGR 2021 - 2030 : | 10.1% |
2030 Value Projection: | USD 40.2 Billion |
Historical Data for: | 2017 - 2020 |
No. of Pages: | 199 |
Tables, Charts & Figures: | 162 |
Segments covered: | By Flight Type, By Airlines, By Airline Class, By F&B Type, by Region |
Companies covered:: | ANA Catering Services Co. Ltd., DNATA, DO & CO., Emirates Flight Catering, Flying Food Group, LLC, Gate Group (Gate gourmet), LSG Lufthansa Service Holdings AG, Newrest International Group, ATS Ltd., and Servair SA. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Report Coverage
This research report categorizes the global In-flight Catering Services market based on various segments and regions, forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global In-flight Catering Services market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each global In-flight Catering Services market sub-segments.
Segmentation Analysis
- In 2021, the Full-Service Carrier segment dominated the market with the largest market share of 39.1% and market revenue of 3.30 billion.
Based on the Flight Type, the global In-flight Catering Services market is categorized into Full-Service Carriers, Low-Cost Carriers, and Others. In 2021, the Full-Service Carrier segment dominated the market with the largest market share of 39.1% and market revenue of 3.30 billion. Full-service carriers primarily operate long-haul or international flights; This category growth is expected to be supported by the growing popularity of international travel.
- In 2021, the Large Airlines segment accounted for the largest share of the market, with 34.9% and market revenue of 2.94 billion.
Based on product type, the In-flight Catering Services market is categorized into Large Airlines, Medium Airlines, and Small Airlines. In 2021, the Large Airlines segment accounted for the largest share of the market, with 59.9% and market revenue of 2.94 billion. Due to falling ticket prices, surging travel demand, and the encouragement for extraordinary connectivity in a fast expanding global economic system, the major airline market is expanding quickly around the globe.
- In 2021, the Meal segment accounted for the largest share of the market, with 27.0% and a market revenue of 2.28 billion.
Based on the F&B Type, the In-flight Catering Services market is categorized into Meal, Beverages, Bakery & Confectionery and Others. In 2021, the Meal segment accounted for the largest share of the market, with 27.0% and a market revenue of 2.28 billion. One of the main growth factors is the introduction of ready-to-eat meals for travellers and the increased demand for catering services on lengthy nonstop flights. The largest in-flight catering providers are trying to serve meals to travellers from various cultural backgrounds.
- In 2021, the Economy segment accounted for the largest share of the market, with 40.3% and market revenue of 3.40 billion.
Based on the Airline Class, the In-flight Catering Services market is categorized into Premium Economy, Economy, Business and First class. In 2021 the Economy segment accounted for the largest share of the market, with 57.3% and a market revenue of 3.40 billion. The segment's expansion is linked to consumers' rising desire for short- to medium-distance economy class holidays. The middle class and discretionary income have grown in APAC over the past few years, increasing demand for economy-class airline seating. It is projected that the availability of affordable lunch options will promote segment expansion.
Regional Segment Analysis of the In-flight Catering Services Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
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Among all regions,Asia Pacific emerged as the largest market for the global In-flight Catering Services market, with a market share of around 34.1% and 8.45 billion of the market revenue in 2021.
- Asia Pacific emerged as the largest market for the global In-flight Catering Services market, with a market share of around 34.1% and 8.45 billion of the market revenue in 2021. Growth in foreign travel and tourism, growing urbanization, a rising level of living to go along with aspirational travel, and a comeback in discretionary spending are all factors that contribute to the regional growth. Additionally, there will likely be major expansion potential for in-flight catering providers due to the region's growing number of airline operators.
- The Europe market is expected to grow at the fastest CAGR between 2021 and 2030. As more legacy carriers enter the low-cost market in the region, it is expected that demand for in-flight food services on low-cost flights will rise. The increased desire of passengers to spend money on buying healthy and organic meals and airline partnerships with food professionals with practical knowledge are additional variables anticipated to offer considerable growth potential in the upcoming years.
Competitive Landscape
The report offers the appropriate analysis of the key organizations/companies involved within the global In-flight Catering Services market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Market Players:
- ANA Catering Services Co. Ltd.
- DNATA
- DO & CO.
- Emirates Flight Catering
- Flying Food Group, LLC
- Gate Group (Gate gourmet)
- LSG Lufthansa Service Holdings AG
- Newrest International Group
- ATS Ltd.
- Servair SA
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Some of the Key Developments:
- In March 2022 - To oversee EasyJet's on-board catering services, DNATA teamed with the airline. The alliance is advantageous to the business because DNATA will oversee the catering for airlines throughout the airline's extensive worldwide networkSATS Ltd. In
- In Feb 2020- On Domestic American Eagle flights, American Airlines expanded the availability of its pre-ordered lunch service to premium class passengers. The company wants to provide meals to customers that are regionally appropriate. This is then anticipated to propel the market's expansion.
Market Segment
This study forecasts global, regional, and country revenue from 2021 to 2030. Spherical Insights has segmented the global In-flight Catering Services market based on the below-mentioned segments:
Global In-flight Catering Services Market, By Flight Type
- Full-Service Carrier
- Low-Cost Carrier
- Other
Global In-flight Catering Services Market, By Product Type
- Large Airlines
- Medium Airlines
- Small Airlines
Global In-flight Catering Services Market, By Airline Class
- Economy
- Premium Economy
- Business
- First class
Global In-flight Catering Services Market, By F&B Type
- Meal
- Bakery & Confectionery
- Beverages
- Others
Global In-flight Catering Services Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions (FAQ)
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What is the market size of the In-flight Catering Services market?As per Spherical Insights, the size of the In-flight Catering Services market was valued at USD 8.45 billion in 2021 to USD 40.2 billion by 2030.
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What is the market growth rate of the In-flight Catering Services market?The In-flight Catering Services market is growing at a CAGR of 10.1% from 2021 to 2030.
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Which country dominates the In-flight Catering Services market?Asia Pacific emerged as the largest market for In-flight Catering Services.
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Who are the key players in the In-flight Catering Services market?Key players in the In-flight Catering Services market are ANA Catering Services Co. Ltd., DNATA, DO & CO., Emirates Flight Catering, Flying Food Group, LLC, Gate Group (Gate gourmet), LSG Lufthansa Service Holdings AG, Newrest International Group, ATS Ltd., and Servair SA.
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Which factor drives the growth of the In-flight Catering Services market?Growing applications of technologies such as voice recognition and face detection is expected to drives the market's growth over the forecast period.
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