Market Size of Inflight Catering Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 17.15 Billion |
| Market Size (2029) | USD 25.87 Billion |
| CAGR (2024 - 2029) | 8.57 % |
| Fastest Growing Market | North America |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Inflight Catering Market Analysis
The Inflight Catering Market size is estimated at USD 17.15 billion in 2024, and is expected to reach USD 25.87 billion by 2029, growing at a CAGR of 8.57% during the forecast period (2024-2029).
The growth of the inflight catering market is expected to be driven by an increasing number of airline passengers. Another factor that is expected to boost the growth of the market is improving the quality of food and services offered by aircraft service providers. The food & beverage industry is witnessing increasing technological advancements in the form of tablet and mobile device-based ordering and payment for specific orders, which is an ongoing trend in the target market.
The in-flight catering service market is facing a significant challenge due to the rise in the cost of in-flight food. This increase in cost is impeding the market's efficient functioning and hindering its growth potential With the competition among the airlines growing, they are opting for certain strategies to enhance the inflight dining experience. These strategies range from the process of ordering to food serving. Such developments may have a long-term effect on the prospects of the market in focus during the forecast period.
