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In-Flight Catering Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031/ Flying Food Group LLC, Gate Gourmet Switzerland GmbH, Journey Group Plc

05-15-2024 10:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

In-Flight Catering Market Growth Probability, Leading Vendors

The global in-flight catering market size was valued at $17.5 billion in 2022, and is projected to reach $26.2 billion by 2030, registering a CAGR of 5.9% during the forecast period (2024-2031). Government schemes that allow individuals to travel through the air effortlessly and at low costs is a key factor boosting the market's growth. For instance, in January 2023, to make air travel more affordable in India, Prime Minister Narendra Modi's NDA administration introduced the UDAN Scheme 2023. People in tier 2 and tier 3 cities may now travel for as little as INR 2,500 ($30.42) per hour under the new UDAN plan. Additionally, International & Domestic Airlines are making flying more affordable and convenient in the form of low fares, which further increases the flight passenger traffic and in turn adds to the growth of the global in-flight catering market.

Airlines are also delivering a richer customer experience as the in-flight catering system becomes more automated and catering management improves. Airlines are always looking for specialized options for prospective onboard customers, such as pre-ordered food services. American Airlines extended its pre-ordered food option to premium-class guests on domestic American Eagle flights in February 2020. The service seeks to provide travelers with meals tailored to their exact location. This, in turn, is likely to boost market expansion. Moreover, the majority of airline caterers and in-flight catering service providers are aiming to enhance their supply chain management (SCM) in order to create high-quality commodities while conducting efficient in-flight catering operations. For instance, in June 2021, Newrest negotiated a new partnership for in-flight food with American Airlines. The company's in-flight catering standards enable the teams to provide the highest degree of food safety, including HACCP tracking of food manufacturing and end-to-end cold chain management.

To Request a Sample of our Report on In-Flight Catering Market: https://www.omrglobal.com/request-sample/in-flight-catering-market

Market Coverage

• The Market Number Available for - 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

Segment Covered-

· By Aircraft Class

· By Flight Type

· By Food Type

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

• Competitive Landscape- Flying Food Group LLC, Gate Gourmet Switzerland GmbH, Journey Group Plc, and others.

In-Flight Catering Market Report Segment

By Aircraft Class

· Economy Class

· Business Class

· First Class

By Flight Type

· Full Service

· Low Cost

By Food Type

· Meals

· Bakery & Confectionary

· Beverages

· Others

A full Report of In-Flight Catering Market is Available @ https://www.omrglobal.com/industry-reports/in-flight-catering-market

In-Flight Catering Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· Abby's Catering

· ANA Catering Services Co., Ltd.

· Brahim's Holdings Berhad

· Cathay Pacific Airways Ltd.

· DO & CO Aktiengesellschaft

· Flying Food Group LLC

· Gate Gourmet Switzerland GmbH

· Journey Group Plc

· KLM Catering Services Schiphol bv

· LSG Lufthansa Service Holdings AG

· Newrest Group International S.A.S

· SATS Ltd.

· Servair SA

· The Emirates Group

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/in-flight-catering-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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