TechSci Press Release

  Global inflight catering services market   was valued over $ 18.5 billion in 2019 and is projected to register growth at a CAGR of 5.6%. The growth of the market is majorly attributable to increasing airline passengers, rising number of airplane deliveries, and improving world economy. Inflight or airline catering is a service provided by companies during air travel and at the airports. Rising expectations of the passengers, irrespective of class of seating, for high quality food is bolstering the growth of inflight catering services market. In terms of food type, global inflight catering market is categorized into meals, bakery & confectionary, beverages and others. Among these, meals accounted for majority share in global inflight catering services market in 2020 and is expected to remain the largest segment during forecast period as well. Growth of this category led by rising demand for meals from European and Asian airlines, as there is a growing preference for meals...

Growing aviation industry and rapid commercialization to drive global inflight catering services market through 2024. According to TechSci Research report,  “ Global  Inflight Catering Services Market  By Type, By Aircraft Seating Class, By Food Type, By Region, Competition, Forecast & Opportunities, 2024 ”,  global inflight catering services market is projected to cross $ 24 billion by 2024 on account of increasing airline passenger traffic, which is further resulting in growing demand for airline food. Furthermore, increasing popularity of gourmet food catering as a competitive strategy for service differentiation among airline companies is also positively impacting the market. In terms of region, inflight catering services market is categorized into Asia-Pacific, Europe, North America, South America and Middle East & Africa. Asia-Pacific was the largest market for inflight catering services in 2018 and is anticipated to dominate the market during fore...