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In Flight Catering Services Market | Covid-19 Impact Analysis
The In-flight Catering Services Market is segmented by Aircraft Seating Class Type (Economy Class, Business Class, and First Class), by Source Type (In-house, Outsource), by Food Type (Meals, Bakery & Confectionaries, Beverages, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
In-flight catering services market is likely to witness an impressive CAGR of 11.9% during the forecast period. The prime factor that is contributing to the demand for in-flight catering services is the growing commercial aircraft fleet size.
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In-flight Catering Services Market – Snapshot |
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Growth |
11.9% for the next five years |
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Key Aircraft Seating Class Type |
Economy Class |
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Dominant Source Type |
Outsource |
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Major Food Type |
Meals |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Dnata, Saudi Airlines Catering, Gate Gourmet, LSG Group, Servair, Journey Group PLC, Newrest Catering, SATS Ltd, and DO & CO. |
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Based on the aircraft seating class type, the market is segmented as economy class, business class, and first class. The economy class segment is estimated to maintain its dominance over the forecast period owing to the rising demand from emerging countries coupled with larger volumes of passengers preferring to travel in the class.
Based on the source type, the market is segmented as in-house and outsource. The outsource segment accounted for the larger share of the market in 2019, and is expected to maintain its dominance, during the forecast period, owing to cost-efficiency without compromising the quality.
Based on the food type, the market is segmented as meals, bakery & confectionaries, beverages, and others. The meals segment accounted for the largest share of the market in 2019, and is expected to command its leading position, bolstered by the growing demand from long-haul flights.
In terms of regions, Asia-Pacific is estimated to be the largest market for in-flight catering services during the forecast period. The region’s market growth is attributed to the growing airline traffic and surging economic growth. China and India are major countries offering promising growth opportunities. Europe and North America are also likely to witness substantial growth opportunities over the forecast period.
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Some of the major players in the in-flight catering services market are-
In-flight catering services involve serving of edibles to passengers on board a commercial airline. These meals are usually served using an airline service trolley.
The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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In-flight Catering Services Market Research Report – Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
9 |
The in-flight catering services market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The in-flight catering services market is expected to witness an impressive growth of 11.9% CAGR in the foreseeable future.
Dnata, Saudi Airlines Catering, Gate Gourmet, LSG Group, Servair, Journey Group PLC, Newrest Catering, SATS Ltd, and DO & CO are among the key players in the In-Flight Catering Services Market.
Asia-Pacific is expected to remain the largest market for in-flight catering services during the next five years.
The meals segment is expected to remain the dominant food type in the in-flight catering services market in the coming years.
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