The in-flight catering services market size is expected to see strong growth in the next few years. It will grow to $25.39 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to adaptation to health and safety protocols, globalization of culinary offerings, demand for on-demand services, premium and luxury market growth, sustainability and eco-friendly practices. Major trends in the forecast period include rise of on-demand services, customization and personalization, health and wellness focus, sustainability initiatives, premium and luxury services.
The in-flight catering services market size has grown strongly in recent years. It will grow from $16.96 billion in 2023 to $18.33 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to several factors, including crisis adaptation, expansion in air travel, evolving dietary preferences, a focus on service quality, and the globalization of cuisine. These factors collectively contributed to the growth of the industry during that time.
The in-flight catering services market size is expected to see strong growth in the next few years. It will grow to $25.39 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The anticipated growth in the forecast period can be attributed to the adaptation to health and safety protocols, the globalization of culinary offerings, the increasing demand for on-demand services, and the growth of the premium and luxury markets, all of which are coupled with a focus on sustainability and eco-friendly practices. Major trends in this period include the rise of on-demand services, a shift towards customization and personalization, a growing emphasis on health and wellness, the implementation of sustainability initiatives, and the expansion of premium and luxury services.
The growing demand for in-flight catering services is expected to be driven by the increased air traffic. As more people are traveling by plane, indicating higher affordability and a shift in lifestyles with rising disposable incomes, the demand for in-flight catering services has grown. This trend is especially significant for network carriers serving long distances. For example, the Federal Aviation Administration reported that the Air Traffic Organization (ATO) served 2.9 million airline passengers on approximately 45,000 flights across 29 million square miles of airspace on a daily basis in November 2021, highlighting the substantial market for in-flight catering services driven by increased air traffic.
The anticipated surge in disposable income is poised to drive the expansion of the in-flight catering services market. Disposable income signifies the funds available to individuals or households for expenditures and savings post-tax payments and essential expenses. As disposable income rises, passengers' purchasing power escalates, leading to heightened demand for premium in-flight catering services, as travelers increasingly seek elevated dining experiences while flying. For instance, as per the Bureau of Economic Analysis in August 2023, disposable personal income experienced a $7.3 billion increase (less than 0.1%) in July 2021. Consequently, the upswing in disposable income stands as a pivotal force propelling the growth of the in-flight catering services market.
The in-flight catering services market is witnessing a surge in investments, emerging as a key trend among companies within this sector. Notably, in June 2021, Newrest, a France-based provider of in-flight catering services, solidified a significant deal by signing a new inflight catering contract with an American airline based in Atlanta. This strategic move has allowed Newrest to significantly boost its operational capacity, elevating meal production from 4,000 meals per day to an impressive 6,500 meals per day. This expansion aims to cater to the escalating demand for top-quality food provision and enhanced in-flight catering standards, ultimately ensuring an improved dining experience for passengers.
Major players in the in-flight catering services market are actively pursuing strategic collaborations as a means to offer dependable services to their customers. Strategic collaborations involve mutually beneficial partnerships between independent entities, working together toward shared objectives that align with their respective strategic goals. For instance, in August 2023, Oman Air, a luxury airline based in Oman, announced a partnership with In-Flight Catering Software TCI LTD (IFCS), a software provider in Providenciales specializing in the aviation industry. The collaboration aims to enhance the airline's in-flight catering operations by integrating IFCS's cutting-edge Recipe Costing and HACCP Compliance Monitoring Software with advanced Galley Loading and Planning Software. These sophisticated solutions are intended to streamline the airline's catering processes, improve overall efficiency, and fortify compliance protocols.
In October 2021, Newrest, a France-based catering provider, acquired Delight Air Catering for an undisclosed amount. This strategic acquisition aimed to expand Newrest's business presence in Germany and strengthen its network in the in-flight catering services sector. Delight Air Catering, based in Germany, is known for providing high-quality in-flight catering services.
Major companies operating in the in-flight catering services market report are Korean Air Catering Co. Ltd., Japan Airlines Catering Service Co. Ltd., Cathay Pacific Catering Services Ltd., Emirates Flight Catering LLC, Newrest Group Services SAS, Ethiopian Airlines Catering Services, Singapore Airport Terminal Services Ltd., Flying Food Group LLC, DO & CO Luftfahrt-Catering Service GmbH & Co. KG, Servair S.A., EgyptAir In-Flight Services, Bahrain Airport Services Co. (BAS), Air Culinaire Worldwide Inc., Air Fayre Ltd., Abby's Catering Ltd., Gate Gourmet Ltd., Journey Group PLC, LSG Group GmbH & Co. KG, All Nippon Airways Catering Service Co. Ltd., AAS Catering (Air Atlanta Catering), KLM Catering Services Amsterdam B.V., Saudi Airlines Catering Company (SACC), Royal In-Flight Catering A/S, TajSATS Ltd., Aerofood Catering Services Ltd., Dubai National Air Transport Authority Catering, Airport Catering Services (ACS), TUI Catering Ltd., Eurest Catering Ltd., Turkish Airlines Catering services. North America was the largest region in the in-flight catering services market in 2023. The regions covered in the in-flight catering services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The primary services provided by in-flight catering companies include meals, bakery and confectionery, beverages, and other types of catering services. Meals refer to the food served to passengers onboard commercial airliners, prepared by specialized airline catering companies and served using airline service trolleys. These services are offered by full-service carriers, low-cost carriers with seating classes such as economy class, business class, and first class. The catering sources can be in-house or outsourced.
The in-flight catering services market size has grown strongly in recent years. It will grow from $16.96 billion in 2023 to $18.33 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to crisis adaptation, air travel expansion, evolving dietary preferences, focus on service quality, globalization of cuisine.
The countries covered in the in-flight catering services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The in-flight catering services market includes revenues earned by entities by providing flight dine food services, meal services, raw material handling services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The in-flight catering services market size has grown strongly in recent years. It will grow from $16.96 billion in 2023 to $18.33 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to several factors, including crisis adaptation, expansion in air travel, evolving dietary preferences, a focus on service quality, and the globalization of cuisine. These factors collectively contributed to the growth of the industry during that time.
The in-flight catering services market size is expected to see strong growth in the next few years. It will grow to $25.39 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The anticipated growth in the forecast period can be attributed to the adaptation to health and safety protocols, the globalization of culinary offerings, the increasing demand for on-demand services, and the growth of the premium and luxury markets, all of which are coupled with a focus on sustainability and eco-friendly practices. Major trends in this period include the rise of on-demand services, a shift towards customization and personalization, a growing emphasis on health and wellness, the implementation of sustainability initiatives, and the expansion of premium and luxury services.
The growing demand for in-flight catering services is expected to be driven by the increased air traffic. As more people are traveling by plane, indicating higher affordability and a shift in lifestyles with rising disposable incomes, the demand for in-flight catering services has grown. This trend is especially significant for network carriers serving long distances. For example, the Federal Aviation Administration reported that the Air Traffic Organization (ATO) served 2.9 million airline passengers on approximately 45,000 flights across 29 million square miles of airspace on a daily basis in November 2021, highlighting the substantial market for in-flight catering services driven by increased air traffic.
The anticipated surge in disposable income is poised to drive the expansion of the in-flight catering services market. Disposable income signifies the funds available to individuals or households for expenditures and savings post-tax payments and essential expenses. As disposable income rises, passengers' purchasing power escalates, leading to heightened demand for premium in-flight catering services, as travelers increasingly seek elevated dining experiences while flying. For instance, as per the Bureau of Economic Analysis in August 2023, disposable personal income experienced a $7.3 billion increase (less than 0.1%) in July 2021. Consequently, the upswing in disposable income stands as a pivotal force propelling the growth of the in-flight catering services market.
The in-flight catering services market is witnessing a surge in investments, emerging as a key trend among companies within this sector. Notably, in June 2021, Newrest, a France-based provider of in-flight catering services, solidified a significant deal by signing a new inflight catering contract with an American airline based in Atlanta. This strategic move has allowed Newrest to significantly boost its operational capacity, elevating meal production from 4,000 meals per day to an impressive 6,500 meals per day. This expansion aims to cater to the escalating demand for top-quality food provision and enhanced in-flight catering standards, ultimately ensuring an improved dining experience for passengers.
Major players in the in-flight catering services market are actively pursuing strategic collaborations as a means to offer dependable services to their customers. Strategic collaborations involve mutually beneficial partnerships between independent entities, working together toward shared objectives that align with their respective strategic goals. For instance, in August 2023, Oman Air, a luxury airline based in Oman, announced a partnership with In-Flight Catering Software TCI LTD (IFCS), a software provider in Providenciales specializing in the aviation industry. The collaboration aims to enhance the airline's in-flight catering operations by integrating IFCS's cutting-edge Recipe Costing and HACCP Compliance Monitoring Software with advanced Galley Loading and Planning Software. These sophisticated solutions are intended to streamline the airline's catering processes, improve overall efficiency, and fortify compliance protocols.
In October 2021, Newrest, a France-based catering provider, acquired Delight Air Catering for an undisclosed amount. This strategic acquisition aimed to expand Newrest's business presence in Germany and strengthen its network in the in-flight catering services sector. Delight Air Catering, based in Germany, is known for providing high-quality in-flight catering services.
Major companies operating in the in-flight catering services market report are Korean Air Catering Co. Ltd., Japan Airlines Catering Service Co. Ltd., Cathay Pacific Catering Services Ltd., Emirates Flight Catering LLC, Newrest Group Services SAS, Ethiopian Airlines Catering Services, Singapore Airport Terminal Services Ltd., Flying Food Group LLC, DO & CO Luftfahrt-Catering Service GmbH & Co. KG, Servair S.A., EgyptAir In-Flight Services, Bahrain Airport Services Co. (BAS), Air Culinaire Worldwide Inc., Air Fayre Ltd., Abby's Catering Ltd., Gate Gourmet Ltd., Journey Group PLC, LSG Group GmbH & Co. KG, All Nippon Airways Catering Service Co. Ltd., AAS Catering (Air Atlanta Catering), KLM Catering Services Amsterdam B.V., Saudi Airlines Catering Company (SACC), Royal In-Flight Catering A/S, TajSATS Ltd., Aerofood Catering Services Ltd., Dubai National Air Transport Authority Catering, Airport Catering Services (ACS), TUI Catering Ltd., Eurest Catering Ltd., Turkish Airlines Catering services. North America was the largest region in the in-flight catering services market in 2023. The regions covered in the in-flight catering services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The primary services provided by in-flight catering companies include meals, bakery and confectionery, beverages, and other types of catering services. Meals refer to the food served to passengers onboard commercial airliners, prepared by specialized airline catering companies and served using airline service trolleys. These services are offered by full-service carriers, low-cost carriers with seating classes such as economy class, business class, and first class. The catering sources can be in-house or outsourced.
The in-flight catering services market size has grown strongly in recent years. It will grow from $16.96 billion in 2023 to $18.33 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to crisis adaptation, air travel expansion, evolving dietary preferences, focus on service quality, globalization of cuisine.
The countries covered in the in-flight catering services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The in-flight catering services market includes revenues earned by entities by providing flight dine food services, meal services, raw material handling services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Table of Contents
1. Executive Summary2. in-Flight Catering Services Market Characteristics3. in-Flight Catering Services Market Trends and Strategies32. Global in-Flight Catering Services Market Competitive Benchmarking33. Global in-Flight Catering Services Market Competitive Dashboard34. Key Mergers and Acquisitions in the in-Flight Catering Services Market
4. in-Flight Catering Services Market - Macro Economic Scenario
5. Global in-Flight Catering Services Market Size and Growth
6. in-Flight Catering Services Market Segmentation
7. in-Flight Catering Services Market Regional and Country Analysis
8. Asia-Pacific in-Flight Catering Services Market
9. China in-Flight Catering Services Market
10. India in-Flight Catering Services Market
11. Japan in-Flight Catering Services Market
12. Australia in-Flight Catering Services Market
13. Indonesia in-Flight Catering Services Market
14. South Korea in-Flight Catering Services Market
15. Western Europe in-Flight Catering Services Market
16. UK in-Flight Catering Services Market
17. Germany in-Flight Catering Services Market
18. France in-Flight Catering Services Market
19. Italy in-Flight Catering Services Market
20. Spain in-Flight Catering Services Market
21. Eastern Europe in-Flight Catering Services Market
22. Russia in-Flight Catering Services Market
23. North America in-Flight Catering Services Market
24. USA in-Flight Catering Services Market
25. Canada in-Flight Catering Services Market
26. South America in-Flight Catering Services Market
27. Brazil in-Flight Catering Services Market
28. Middle East in-Flight Catering Services Market
29. Africa in-Flight Catering Services Market
30. in-Flight Catering Services Market Competitive Landscape and Company Profiles
31. in-Flight Catering Services Market Other Major and Innovative Companies
35. in-Flight Catering Services Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
In-Flight Catering Services Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on in-flight catering services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
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- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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Where is the largest and fastest growing market for in-flight catering services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Aircraft Seating Class: Economy Class; Business Class; First Class
2) By Source: In-house; Outsource
3) By Flight Type: Full Service Carriers; Low Cost Carriers
4) By Food Type: Meal; Bakery and confectionery; Beverage; Other Types
Key Companies Mentioned: Korean Air Catering Co. Ltd.; Japan Airlines Catering Service Co. Ltd.; Cathay Pacific Catering Services Ltd.; Emirates Flight Catering LLC; Newrest Group Services SAS
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Korean Air Catering Co. Ltd.
- Japan Airlines Catering Service Co. Ltd.
- Cathay Pacific Catering Services Ltd.
- Emirates Flight Catering LLC
- Newrest Group Services SAS
- Ethiopian Airlines Catering Services
- Singapore Airport Terminal Services Ltd.
- Flying Food Group LLC
- DO & CO Luftfahrt-Catering Service GmbH & Co. KG
- Servair S.A.
- EgyptAir In-Flight Services
- Bahrain Airport Services Co. (BAS)
- Air Culinaire Worldwide Inc.
- Air Fayre Ltd.
- Abby's Catering Ltd.
- Gate Gourmet Ltd.
- Journey Group plc
- LSG Group GmbH & Co. KG
- All Nippon Airways Catering Service Co. Ltd.
- AAS Catering (Air Atlanta Catering)
- KLM Catering Services Amsterdam B.V.
- Saudi Airlines Catering Company (SACC)
- Royal In-Flight Catering A/S
- TajSATS Ltd.
- Aerofood Catering Services Ltd.
- Dubai National Air Transport Authority Catering
- Airport Catering Services (ACS)
- TUI Catering Ltd.
- Eurest Catering Ltd.
- Turkish Airlines Catering services
Methodology
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