Inflight Catering Market, By Aircraft Class (Economy class, Business class, and First class), By Food Type (Meals, Bakery & Confectionary, Beverages, and Others), By Region (North America, Europe, Asia-pacific, Latin America, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
An inflight catering, airline food, or in-flight meal is a meal served to passengers on board a commercial airliner. These meals are prepared by specialist airline catering services and normally served to passengers using an airline service trolley. The quality and quantity of the meals served in flight differs by the airline companies and the Classes of travel.
Rising number of airline passengers is fueling growth of the inflight catering market. For instance, in October 2022, Enexor BioEnergy, a U.S.-based start-up won the sustainability innovation challenge to turn waste into energy and was supposed to receive up to US$ 80,000 in funding from Oversea-Chinese Banking Corporation Limited (OCBC), to pilot new solutions for Singapore Airport Terminal Services (SATS Ltd.) a leading in-flight catering service provider at Changi Airport, Singapore. Enexor’s proprietary “Bio-CHP” system will be used to convert organic food waste and plastic waste into renewable energy.
Market Dynamics
By aircraft Class, economy Class is gaining traction in the market. Rising number of passengers traveling through economy Class is fueling growth of economic services in the inflight catering market. In economic Class, the focus is more on affordable meals, beverages, and shelf-stable food for purchase in both long-haul and short-haul flights.
Europe held a significant market share in 2021, due to increasing number of people travelling to European countries and high number of domestic players in inflight catering services market. For instance, one of the important player in the inflight catering services market, LSG Group, headquartered in Germany, served 205 airports with 696 million number of meals by 2021.
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