Categories: Press Release

In-flight Catering Services Market Achieves USD 9.21 Billion in 2022, Braces for 5.19% CAGR Elevate Until 2028

MarkNtel Advisors is not just a market research company; it is a cornerstone in the realm of research and consulting provide market research report titled as In-flight Catering Services Market Size, Share, Analysis, Forecast 2023-2028.

In-flight Catering Services Market Analysis and Insights:

The In-flight Catering Services Market size is estimated to grow at a CAGR of around 5.19% during the forecast period, i.e., 2023-28.

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In-flight Catering Services Market Dynamics

Global In-flight Catering Services Market Driver: A Swift Surge in Air Travelers; Compelling Airlines to Prioritize Consumer Satisfaction

As the number of people opting for air travel persists, elevating the overall flying experience has become paramount. Given this, numerous airlines strive to provide a superior onboard experience, including high-quality meals and refreshments. Subsequently, various catering options ranging from standard meal services to specialized menus have gained prominence. One notable instance would be the offering of vegan, gluten-free, and halal meal options, with which the airlines aim to cater to a diverse range of passengers. Thus, the latest inflight catering services exemplify the evolving expectations of air travelers and the industry’s commitment to accommodating diverse dietary preferences and requirements. This commitment, coupled with the increasing number of air travelers, has contributed to the expansion of the inflight catering services market.

In March 2023, Korean Air introduced a newly developed inflight dining option, a Korean-style vegan meal. This addition aims to meet the increasing demand from vegan passengers and aligns with the airline’s commitment to reducing carbon emissions by offering eco-friendlier catering alternatives.

In-flight Catering Services Market Report Segmentation:

The report has segmented the market into the following categories:

By Food Type

-Meals

-Bakery & Confectionary

-Beverages

-Others

By Flight Type

-Full-Service Carriers

-Low-Cost Carriers

-Hybrid

-Others

By Aircraft Class

-Economy Class

-Business Class/ First Class

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Market Divided by Region/Country:

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific

Who are the top Companies in the In-flight Catering Services Market?

Gate Gourmet, Emirates Flight Catering, Flying Food Groups, Cathay Pacific Catering Services, Sky Chef, Dnata, IGS Catering Services, and Other

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.