Product Code: GVR-4-68038-068-2
In-flight Catering Services Market Growth & Trends:
The global in-flight catering services market size is expected to reach USD 27.62 billion by 2030, registering a CAGR of 5.9% during the forecast period, according to a new report by Grand View Research, Inc. In-flight catering services are expected to grow rapidly due to the rise in the number of passengers flying. Despite slower economic growth in certain nations, after the COVID-19 pandemic, people have started flying in both domestic and international flights cautiously, which is projected to grow over time, encouraging market expansion. Growth in passenger demand for healthy and nutritious food products in-flight and their willingness to pay a premium for high-quality, healthy food are expected to fuel market growth during the forecast period. Additionally, airlines worldwide offer their customers more options for customizing their meals and a wider variety of food options.
The proliferation of in-flight food management and the development of automation have made it possible for airlines and caterers to work together to provide a high-quality customer experience at a low price. Furthermore, due to growing complexities of the in-flight catering market, effective automation tools are making food-making processes and systems more efficient. For instance, in April 2022, SATS Ltd. announced an investment of 150 million Singapore dollars, approximately USD 110.1 million, for food production automation. SATS food hub synergized meal preparation capability and automation to strengthen operations and enhance the production efficiency.
Furthermore, leading global airlines are regularly employing well-known wine experts and chefs as part of their marketing efforts. Airlines are increasingly outsourcing various processes in the value chain of in-flight catering to third-party caterers. A recent trend of outsourcing is gradually surfacing in developed markets where companies have started to outsource their food-making processes. Rising competition among airlines to attract and retain passengers, new scheduled aircraft deliveries, increasing demand for quality food onboard, and innovation in the menu are some other factors fueling growth of the market.
In-flight Catering Services Market Report Highlights:
- Asia Pacific is predicted to register the highest CAGR over the forecast period owing to the increase in disposable incomes of individuals in developing nations
- By F&B type, the meal segment held the largest revenue share in 2022 owing to rising demand for nutritious and healthy meals and customers' willingness to pay a moderately higher price for such meals
- The premium economy class segment is anticipated to grow at a rate of 9.2% from 2023 to 2030. The segment is projected to gain traction due to the emerging demand for high-quality, hot, and tailor-made meals in the business class.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Flight type
- 1.1.2. Airlines
- 1.1.3. Airlines class
- 1.1.4. F&B Type
- 1.1.5. Regional scope
- 1.1.6. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Flight type outlook
- 2.2.2. Airlines outlook
- 2.2.3. Airline class outlook
- 2.2.4. F&B Type outlook
- 2.2.5. Regional outlook
- 2.3. Competitive Insights
Chapter 3. In-flight Catering Services Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.3.3. Market opportunity analysis
- 3.4. In-flight Catering Services Market Analysis Tools
- 3.4.1. Industry analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
- 3.4.2.4. Social landscape
Chapter 4. In-flight Catering Services: Flight Type Estimates & Trend Analysis
- 4.1. In-flight Catering Services Market: Key Takeaways
- 4.2. In-flight Catering Services Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Full Service Carrier
- 4.3.1. Full service carrier market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4. Low Cost Carrier
- 4.4.1. Low cost carrier market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5. Others
- 4.5.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. In-flight Catering Services: Airlines Estimates & Trend Analysis
- 5.1. In-flight Catering Services Market: Key Takeaways
- 5.2. In-flight Catering Services Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Large Airlines
- 5.3.1. Large airlines market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4. Medium Airlines
- 5.4.1. Medium airlines market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.5. Small Airlines
- 5.5.1. Small airlines market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. In-flight Catering Services: Airlines Class Estimates & Trend Analysis
- 6.1. In-flight Catering Services Market: Key Takeaways
- 6.2. In-flight Catering Services Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Economy
- 6.3.1. Economy market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4. Premium Economy
- 6.4.1. Premium economy market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Business
- 6.5.1. Business market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.6. First Class
- 6.6.1. First Class market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. In-flight Catering Services: F&B Type Estimates & Trend Analysis
- 7.1. In-flight Catering Services Market: Key Takeaways
- 7.2. In-flight Catering Services Market: Movement & Market Share Analysis, 2022 & 2030
- 7.3. Meal
- 7.3.1. Meal market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.4. Bakery & Confectionary
- 7.4.1. Bakery & confectionary market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.5. Beverages
- 7.5.1. Beverages market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.6. Others
- 7.6.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 8. In-flight Catering Services Market: Regional Estimates & Trend Analysis
- 8.1. Regional Outlook
- 8.2. In-flight Catering Services Market by Region: Key Takeaway
- 8.3. North America
- 8.3.1. North America market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.3.2. U.S.
- 8.3.2.1. U.S. market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.3.3. Canada
- 8.3.3.1. Canada market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.4. Europe
- 8.4.1. Europe market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.4.2. UK
- 8.4.2.1. UK market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.4.3. Germany
- 8.4.3.1. Germany market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.4.4. France
- 8.4.4.1. France market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.5. Asia Pacific
- 8.5.1. Asia Pacific market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.5.2. Japan
- 8.5.2.1. Japan market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.5.3. China
- 8.5.3.1. China market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.5.4. India
- 8.5.4.1. India market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.5.5. Australia
- 8.5.5.1. Australia market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.5.6. South Korea
- 8.5.6.1. South Korea market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.6. Latin America
- 8.6.1. Latin America market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.6.2. Brazil
- 8.6.2.1. Brazil market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.6.3. Mexico
- 8.6.3.1. Mexico market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.7. MEA
- 8.7.1. MEA market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.7.2. Saudi Arabia
- 8.7.2.1. Saudi Arabia market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.7.3. South Africa
- 8.7.3.1. South Africa market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
- 8.7.4. UAE
- 8.7.4.1. UAE market estimates and forecasts, 2018 to 2030 (Revenue, USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Market Participant Categorization
- 9.2.1. ANA HOLDINGS INC.
- 9.2.1.1. Company overview
- 9.2.1.2. Financial performance
- 9.2.1.3. Product benchmarking
- 9.2.1.4. Strategic initiatives
- 9.2.2. dnata
- 9.2.2.1. Company overview
- 9.2.2.2. Financial performance
- 9.2.2.3. Product benchmarking
- 9.2.2.4. Strategic initiatives
- 9.2.3. DO & CO Aktiengesellschaft
- 9.2.3.1. Company overview
- 9.2.3.2. Financial performance
- 9.2.3.3. Product benchmarking
- 9.2.3.4. Strategic initiatives
- 9.2.4. Emirates Flight Catering
- 9.2.4.1. Company overview
- 9.2.4.2. Financial performance
- 9.2.4.3. Product benchmarking
- 9.2.4.4. Strategic initiatives
- 9.2.5. Flying Food Group, LLC
- 9.2.5.1. Company overview
- 9.2.5.2. Financial performance
- 9.2.5.3. Product benchmarking
- 9.2.5.4. Strategic initiatives
- 9.2.6. Gate Group (Gate gourmet)
- 9.2.6.1. Company overview
- 9.2.6.2. Financial performance
- 9.2.6.3. Product benchmarking
- 9.2.6.4. Strategic initiatives
- 9.2.7. LSG Lufthansa Service Holdings AG
- 9.2.7.1. Company overview
- 9.2.7.2. Financial performance
- 9.2.7.3. Product benchmarking
- 9.2.7.4. Strategic initiatives
- 9.2.8. Newrest International Group
- 9.2.8.1. Company overview
- 9.2.8.2. Financial performance
- 9.2.8.3. Product benchmarking
- 9.2.8.4. Strategic initiatives
- 9.2.9. SATS Ltd.
- 9.2.9.1. Company overview
- 9.2.9.2. Financial performance
- 9.2.9.3. Product benchmarking
- 9.2.9.4. Strategic initiatives
- 9.2.10. Servair SA
- 9.2.10.1. Company overview
- 9.2.10.2. Financial performance
- 9.2.10.3. Product benchmarking
- 9.2.10.4. Strategic initiatives