Market Size of Asia-Pacific Inflight Catering Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 5.64 Billion |
| Market Size (2029) | USD 7.60 Billion |
| CAGR (2024 - 2029) | 6.15 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific Inflight Catering Services Market Analysis
The Asia-Pacific Inflight Catering Market size is estimated at USD 5.64 billion in 2024, and is expected to reach USD 7.60 billion by 2029, growing at a CAGR of 6.15% during the forecast period (2024-2029).
The COVID-19 pandemic resulted in the governments of several countries imposing travel restrictions and lockdown measures, which affected the business travel and tourism sectors in the region. Although the situation improved by the end of 2020, the pandemic affected the commercial aircraft demand from the end-users over the short term. The orders and flights witnessed a decline in 2020. As flight activity increased in 2021 compared to 2020, the demand for new flights increased.
The rising emphasis on customer-centric food menus is currently driving the Asia-Pacific inflight catering market, as most airlines are adding new items to their menus to provide better quality food to passengers by keeping their preferences in mind.
With the increasing air travel in this region, the induction of new destinations and new long-haul flights may create future opportunities for the Asia-Pacific inflight catering market.
