Press Release Description

Rising Number of Air Fleets and Passenger Traffic Supporting In-Flight Catering Services Market Growth

According to MarkNtel Advisors research report, the Global In-Flight Catering Services Market is projected to grow at a CAGR of 3.65% during the forecast period, i.e., 2021-26.

The market is driven primarily by the rapidly increasing number of air passengers owing to their growing disposable income leading to the mounting demand for airlines. In addition, various initiatives & investments by the leading market players to enhance the quality of food & services are also driving the market through 2026. Moreover, the convenience of online platforms to order food & beverage or pre-book a meal shall further boost the market over the forecast years.

Low-Cost Carriers to Display Considerable Growth Through 2026

The considerable growth in the demand for In-Flight Catering Services in Low-Cost Carriers (LCCs) attributes to the rising consumer inclination toward low-fare & non-stop flights. Numerous LCCs that operate on international borders are witnessing significant demand for onboard local & international meals, which is another crucial factor contributing to the overall market growth.

Vast Culinary Across Asia-Pacific to Reign the Global In-Flight Catering Services Market

The rapidly increasing income of the people with enhanced living standards that trigger international traveling & tourism in them is the prime aspect expected to lead Asia-Pacific to dominate the market in the forecast years. Besides, rapid urbanization in India and the increasing number of airline operators shall also present lucrative opportunities for in-flight catering service providers and, in turn, contribute to the regional market growth during 2021-26.

Key Market Competitors

According to MarkNtel Advisors, the leading players in the Global In-Flight Catering Services Market include Gate Gourmet, Emirates Flight Catering, Flying Food Groups, Cathay Pacific Catering Services, Sky Chef, Dnata, and IGS Catering Services.

Key Questions Answered in the Study

  1. What are the current & future trends in the Global In-Flight Catering Services Market?
  2. How has the industry been evolving in terms of geography & service adoption?
  3. How has the competition been shaping across the globe, followed by their comparative factorial indexing?
  4. What are the key growth drivers & challenges for the Global In-Flight Catering Services Market?
  5. What are the customer orientation, purchase behavior, and expectations from the Global In-Flight Catering Services Market service providers across the globe?

Market Segmentation:

  1. By Food Type (Meals, Bakery & Confectionery, Beverages, Others)
  2. By Flight Type (Full-Service Carriers, Low-Cost Carriers, Hybrid, Others)
  3. By Aircraft Class (Economy Class, Business Class/ First Class)
  4. By Region (North America, South America, Europe, Asia-Pacific, Middle East, and Africa)
  5. By Countries (US, Canada, Brazil, Switzerland, Belgium, France, Germany, Estonia, Netherland, China, India, Japan, Australia, Singapore, UAE, Saudi Arabia, Others)
  6. By Competitors (Gate Gourmet, Emirates Flight Catering, Flying Food Groups, Cathay Pacific Catering Services, Sky Chef, Dnata, IGS Catering Services)