Press release
Inflight Catering Market Size, Share, Top Companies, Industry Growth, In-Depth Analysis 2023-2028
Inflight Catering Market Report 2023
The global inflight catering market size reached US$ 12.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.4 Billion by 2028, exhibiting a growth rate (CAGR) of 3.96% during 2023-2028.
Inflight catering is a specialized service that provides passengers with meals, beverages, and other culinary offerings during air travel. It is a crucial component of the airline industry, ensuring that passengers have a satisfying and enjoyable dining experience while onboard. Inflight catering goes beyond the provision of meals. It encompasses menu planning, food preparation, packaging, and delivery logistics. It aims to deliver high-quality meals that meet the unique requirements and preferences of airline passengers, considering factors such as dietary restrictions, cultural preferences, and airline branding. It is vital in enhancing the overall passenger experience, contributing to customer satisfaction and loyalty.
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Inflight Catering Market Trends and Drivers:
The increasing global air travel industry and the rising focus of airlines on enhancing their service offerings represent the key factor driving the market growth. Moreover, passengers now expect a wider range of food options, including healthy and vegetarian choices and meals catering to specific dietary requirements. In line with this, airlines and inflight caterers offering diverse menus and customized meal options are positively influencing the market growth. Apart from this, airlines and caterers prioritizing environmentally friendly packaging, reducing food waste, and sourcing locally produced and sustainable ingredients due to growing awareness of environmental issues and the desire to minimize the carbon footprint of air travel has catalyzed the market growth. Additionally, numerous technological advancements, including digital solutions and data analytics to streamline operations, improve menu planning, and enhance the overall efficiency of the catering process, are propelling market growth. Other factors, including a growing number of health-conscious travelers, inflating consumer disposable incomes, and the introduction of premium meal plans by airline companies and catering services, are also anticipated to drive the market growth.
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Who are the key players operating in the industry?
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• AAS Catering Co. Ltd
• Abby's Catering
• Cathay Pacific Catering Services (H.K.) Ltd. (Cathay Pacific Airways)
• DO & CO Aktiengesellschaft
• Emirates Flight Catering (The Emirates Group)
• Flying Food Group, Gategroup
• Jetfinity
• KLM Catering Services Schiphol
• LSG Sky Chefs (Lufthansa AG)
• Sats Ltd. (Singapore Airlines)
• Saudi Airlines Catering
• Universal Weather and Aviation Inc.
The report has segmented the market on the basis of region, food type, flight service type and aircraft seating class.
Breakup by Food Type:
• Meals
• Bakery and Confectionary
• Beverages
• Others
Breakup by Flight Service Type:
• Full-Service Carriers
• Low-Cost Carriers
Breakup by Aircraft Seating Class:
• Economy Class
• Business Class
• First Class
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Key highlights of the report:
• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Services Private Limited.
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Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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