In-Flight Catering Service Market Research Report - Forecast to 2027

In-Flight Catering Service Market by Aircraft Class (First Class, Business Class, Premium Economy Class, and Economy Class), by Flight Type (Full Service and Low Cost), by Catering Type (Bakery & Confectionary, Meals, Beverages and others) and by Geography - Forecast To 2027

ID: MRFR/A&D/0795-HCR | February 2021 | Region: Global | 103 pages         

In-Flight Catering Service Market

The In-Flight Catering Service Market is projected to register a CAGR of 9.33% and reach a value of USD 22290.7 Million by 2027.

Segmentation

By Aircraft Class First Class Business Class Premium Economy Class Economy Class
By Flight Type Full Service Low Cost
By Catering Type Bakery & Confectionary Meals Beverages Others

Key Players

  • SATS
  • Servair
  • Egypt Air In-Flight Services
  • Goddard Catering
  • Air Culinaire
  • Emirates Flight Catering
  • dnata
  • Do & Co
  • Compass Group
  • Gate Gourmet

Drivers

  • Rise in offering customized and organic meals to the travelers in flight
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In-Flight Catering Service Market Overview


The In-Flight Catering Service Market is projected to register a CAGR of 9.33% and reach a value of USD 22290.7 Million by 2027.


In the forecasted period, the Global Market is expected to become attributable to the expanding rate for Air travel worldwide. The market is developing at a significant pace of CAGR, trailed by premium and business class airplanes. The Full-service carrier account practically holds eighty percent of the overall industry and will keep on overwhelming the Market in the future period. According to the food types of segment, the meals accounts include 50-55% of the market and are followed by bread shops, confectionery, and refreshments.


You must know that food safety is considered a significant focus for the worldwide In-Flight Catering Service Market Share. With quality and cleanliness turning into a central consideration for travelers in picking a flight, catering organizations are taking on tough well-being and sterilization measures to keep up with the nature of food and food safety for the effective development of the Global Market. 


The key factors affecting the In-Flight Catering Service Market development largely are extending worldwide aircraft fleet, developing in the number of air travelers, and the rise of minimal expense on aircraft organizations in developing nations. Expanding client interest for nutritious food alternatives, even while traveling, is driving the development of this Market.


The major driver driving the growth and development of the In-Flight Catering Service Market is the rising demand for commercial aircraft across the globe. The high demand for commercial aircraft is effectively helping in the market growth for the estimated future period. The market is paying more attention to quality food services and travelers to offer safe and quality premium food, ultimately focusing on market growth. Additionally, rising disposable income, expanding passenger numbers, advancement in the flight food requesting framework, and ascending onboard cooking add to the Global Market development. Furthermore, developing client interest for nutritious food choices drove by developing mindfulness over the dietary benefit of food. Rising well-being cognizance is a portion of the extra factors supporting the rise of Global Market Revenue.


Covid-19 Analysis


The COVID-19 pandemic has affected each industry generally. All over the globe, the people have limited their leaving and have been in a lockdown situation. This lockdown situation binds the people to lock themselves to their homes, affecting all the market adversely or positively. As the impact of COVID-19 spreads, the general market has been affected by COVID-19, and the development rate was affected in 2019-2020. The In-Flight Catering Service Market has also been affected due to the covid-19 and the shutdown situation all over the globe.


Market Dynamics


Major market drivers


Major market drivers of the In-Flight Catering Service Market are the rise in offering customized and organic meals to the travelers in flight. The best thing is that the meals are typically ready on the ground in catering offices near the air terminal and are then shipped to the airplane and put in fridges for airline stewards to warm and serve ready. The food providers are more similar to the agents that help carriers mass-produce many dinners daily. The aircraft's catering group is generally answerable for the menu plan, offering quality food to the travelers.


The aircraft targets travelers somewhere in the range of eighteen and thirty-five years of age. Travelers are offered many advantages, which just could make a difference. One of the advantages in this market is the supreme food. The menu contains predominantly natural food varieties that go along with specialty brews. Due to its effective drivers, the market is expected to develop at an effective rate in the forecasted period.


Significant market Opportunity


The significant opportunity in this In-Flight Catering Service Market is the advancement in the technologies of the food and beverages industries like the travelers could quickly order their food through online mode. The process of serving a pre-packed meal is also a great benefit to the Global Market for its effective development. These significant market opportunities are offering the market a growth option in the future estimated period.


Market Restraints


An increase in the cost of the in-flight food services makes it difficult for the In-Flight Catering Service Market to work properly. Hence this high cost is also hampering the effective market growth to a great extent in the forecasted period.


Significant market challenges


Transportation of food and low period of transported foods are increasing the food wastage in this industry. A portion of these food wastage elements likely set challenges in developing the In-Flight Catering Service Market. It is important to tackle these market challenges effectively to enhance the growth of the particular market,


Market Growth Analysis


The In-Flight Catering Service Market is growing at an effective rate in the forecasted period. The key explanations for the development of air travel incorporate positive patterns related to Gross Domestic Product (GDP) and low air travel costs. An increase in disposable income is combined with changing ways of life will trigger the air travel interest for business and relaxation purposes. The major drivers and opportunities are likewise helping develop the global Market for the forecasted period.


Market Segmentation 


Based on Aircraft Seating Class Type


The In-Flight Catering Service Market is sectioned as business class, economy class, and five stars based on the airplane seating class type. The economy class portion is assessed to keep up with its strength over the figure time frame is attributable to the rising interest from arising nations combined with bigger volumes of travelers liking to go in the class.


Based on Source Type


Based on the source type, the In-Flight Catering Service Market is divided into in-house and outsourcing types. The outsourcing fragment mainly represents the bigger portion of the market in the year 2020. It is relied upon to maintain its strength during the figure time frame, attributable to cost-productivity without compromising the quality.


Based on Food Type


The In-Flight Catering Service Market is segmented as bakery and confectionaries, dinners, drinks, and much more based on the food type. The biggest portion of the market represents the meal portion in 2020. And it is relied upon to order its driving position, supported by the developing interest from long stretch flights.


Based on Region


Based on region, the Asia-Pacific is assessed to be the biggest In-Flight Catering Service Market during the estimated time frame. The market development is attributable to the developing aircraft traffic and flooding economic development. China & India are powerful nations offering promising development opportunities. The regions like Europe &North America are likewise liable to observe effective development opportunities over the figure time frame.


Regional Analysis


APAC is likely to rule the In-Flight Catering Service Market in the figure time frame developing at a CAGR of around 6%, trailed by Americas and EMEA. Quick urbanization, expansion in worldwide travel, and the travel industry are attributable to rising GDP, discretionary cash flow, and the rising way of life to supplement aspirational traveling. These factors drive development in the Asia Pacific region. The Middle East is additionally arising as a center point of global Market with the district enlisting the largest number of requests for a new airplane.


Market Development


Singapore Airlines presented its top-of-the-line feast menu made by Gordon Ramsay for their worldwide flights in 2018.


Market Players


Key players of the In-Flight Catering Service Market are mentioned below: -



  • SATS

  • Servair

  • Egypt Air In-Flight Services

  • Goddard Catering  

  • Air Culinaire

  • Emirates Flight Catering

  • dnata

  • Do & Co

  • Compass Group

  • Gate Gourmet


Report Overview


Market overview highlights the global recognition of In-Flight Catering Service Market Analysis overview



  • Analysis based upon COVID 19

  • Explanation upon the Market Outlook Dynamics

  • Value chain analysis for the Market Report.

  • Market segmentation overview

  • The regional analysis of Market Forecast overview

  • Competitive landscape analysis

  • Recent Developments of Market Trends


The report highlights the Global Market Growth development includes its revenue hike's growth potential by the end of the forecast years.



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Frequently Asked Questions (FAQ) :

The Global In-Flight Catering Service Market is mainly segmented into different categories like Aircraft Seating Class, Flight Service Type, and Region.