NEW
YORK, June 18, 2024 /PRNewswire/ -- The global
in-flight catering services market size is estimated to
grow by USD 7.38 billion from
2024-2028, according to Technavio. The market is estimated to grow
at a CAGR of over 7.9% during the forecast
period. increase in air passenger traffic
globally is driving market growth, with a trend
towards rising trend of meal ordering devices
However, fluctuating airline ticket prices poses a
challenge.Key market players include AAS Catering Co. Ltd., Air
Arabia PJSC, AIR France, Amber Green Corp., ANA Catering Service
Co. Ltd., Brahims Holdings Berhad, CATRION, Deutsche Lufthansa AG,
DO and CO Aktiengesellschaft, EGYPTAIR AIRLINES CO., Flying Food
Group LLC, Frankenberg GmbH, gategroup, KLM Catering Services
Schiphol bv, Newrest Group International SAS, Qatar Airways Group
Q.C.S.C., Singapore Airlines Ltd., Sojitz Corp., The Emirates
Group, and Universal Weather and Aviation Inc..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Product (Food and
Beverages), Type (Economy class, Business class, and First class),
and Geography (APAC, Europe, North America, Middle East and Africa,
and South America)
|
Region
Covered
|
APAC, Europe, North
America, Middle East and Africa, and South America
|
Key companies
profiled
|
AAS Catering Co. Ltd.,
Air Arabia PJSC, AIR France, Amber Green Corp., ANA Catering
Service Co. Ltd., Brahims Holdings Berhad, CATRION, Deutsche
Lufthansa AG, DO and CO Aktiengesellschaft, EGYPTAIR AIRLINES CO.,
Flying Food Group LLC, Frankenberg GmbH, gategroup, KLM Catering
Services Schiphol bv, Newrest Group International SAS, Qatar
Airways Group Q.C.S.C., Singapore Airlines Ltd., Sojitz Corp., The
Emirates Group, and Universal Weather and Aviation Inc.
|
Key Market Trends Fueling Growth
The MOD function in smartphones, utilized by Emirates cabin
crew, enables connection to Wi-Fi routers for placing meal orders
through approved apps. These devices lack SIM cards, streamlining
the ordering process and reducing errors. This efficient technology
is driving growth in the in-flight catering services market,
enhancing overall service quality and passenger
satisfaction.
The In-Flight Catering Services market is experiencing
significant growth with various airlines and manufacturers focusing
on providing high-quality meals and beverages to passengers.
Commercial airlines are implementing advanced catering technologies
to enhance the in-flight dining experience. These technologies
include automated meal delivery systems, contactless ordering, and
customized meal options. Additionally, the use of sustainable and
organic ingredients is becoming a trend in the industry. Companies
are also investing in research and development to create innovative
and tasty meal options for passengers. Overall, the In-Flight
Catering Services market is evolving to meet the changing needs and
preferences of travelers.
Research report provides comprehensive data on
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Report
Market Challenges
- The in-flight catering services market may experience
hindrances due to the volatile airline ticket pricing landscape.
With passengers increasingly opting for trains or budget flights,
the gap between train and flight travel is diminishing. As a
result, unpredictable ticket prices could deter potential customers
and negatively impact market growth.
- In-Flight Catering Services market faces several challenges.
Airlines aim for premium cabins with high-quality meals, yet cost
is a significant factor. Classes of service vary, from business to
economy, requiring different catering options. Regulations and
logistics are complex, with strict safety and health requirements.
Consumers expect customized menus, dietary needs, and cultural
preferences. Sustainability is a growing concern, with demand for
organic, locally sourced, and eco-friendly offerings. Competition
is intense, with numerous players vying for market share.
Technology integration, such as mobile ordering and contactless
delivery, is essential to meet evolving customer expectations.
Overall, the In-Flight Catering Services market requires innovative
solutions to address these challenges and deliver exceptional
customer experiences.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This in-flight catering services market report extensively
covers market segmentation by
- Product
- Type
- 2.1 Economy class
- 2.2 Business class
- 2.3 First class
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Food- In-Flight Catering Services Market: This
market caters to the food and beverage needs of airline passengers.
Companies provide a range of options, from simple meals to gourmet
dishes. The market's growth is driven by increasing air travel and
the desire for better in-flight dining experiences. Competition is
fierce, with companies focusing on quality, variety, and
convenience to attract customers. Partnerships with airlines and
catering to specific dietary needs are also key strategies. The
market is expected to continue growing due to the expanding air
travel industry and evolving consumer preferences.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
The In-Flight Catering Services Market encompasses the provision
of on-board meals for passengers during long haul flights. Airlines
utilize IT and inventory management systems to streamline their
catering operations, implementing Lean and Just-in-Time
manufacturing in commercial kitchens. Commercial aircraft classes
offer varying meal options, with Airline caterers ensuring
regionally appropriate meals and special dietary needs. Safety
regulations govern the supply chain management of in-flight
catering, ensuring food safety in commercial aeroplanes. Consumer
lifestyles influence the demand for FullService Carriers and
LowCost Carriers, driving the need for in-flight catering
automation and catering management. Premium cabin passengers enjoy
pre-ordered meal offerings, while continental meal alternatives
cater to diverse tastes. Contract renewals between airlines and
caterers are crucial for market growth.
Market Research Overview
The In-Flight Catering Services market refers to the provision
of food and beverage offerings to passengers on board aircraft.
This market caters to various airlines and private jet operators,
offering a range of menu options from basic meals to gourmet
cuisine. The market is driven by factors such as increasing
passenger traffic, growing demand for premium in-flight services,
and advancements in food preservation and presentation
technologies. Companies in this sector source raw materials,
prepare meals, and ensure timely delivery to airports for loading
onto aircraft. The market faces challenges such as maintaining food
quality during long flights, adhering to dietary restrictions, and
complying with safety regulations. Overall, the In-Flight Catering
Services market is a significant contributor to the aviation
industry, providing passengers with a comfortable and enjoyable
flying experience.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Type
-
- Economy Class
- Business Class
- First Class
- Geography
-
- APAC
- Europe
- North America
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio