Market Size of Asia-Pacific Inflight Catering Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 4.16 Billion |
Market Size (2029) | USD 6.60 Billion |
CAGR (2024 - 2029) | 9.76 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Asia Pacific Inflight Catering Services Market Analysis
The Asia-Pacific Inflight Catering Market size is estimated at USD 4.16 billion in 2024, and is expected to reach USD 6.60 billion by 2029, growing at a CAGR of 9.76% during the forecast period (2024-2029).
The rising emphasis on customer-centric food menus is driving the Asia-Pacific inflight catering services market, as most airlines are adding new items to their menus to provide better quality food to passengers by keeping their preferences in mind. The aftermath of the pandemic led many catering companies in the region to implement newer methods of providing in-flight catering to attract new air travelers and improve the inflight dining experience. In recent years, various airlines have partnered with world-renowned chefs to delight and enhance the in-flight dining experience of the passengers. Several companies are also focusing on providing a curated menu to their customers. For instance, in April 2023, Air India announced that they had remapped how they serve meals onboard the aircraft to attract its customers.
However, the growing operational challenges in the coming years will hamper the market’s growth during the forecast period. The increasing number of air passengers led to increased operational challenges, with caterers facing difficulties such as last-minute requests, sometimes 15 minutes before aircraft departure, short turnaround times, aircraft changes, delays, airport operational limitations, and timely food delivery according to customer specifications. Despite this, 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. Such factors are expected to drive the market positively during the forecast period.
Asia Pacific Inflight Catering Services Industry Segmentation
The Asia-Pacific inflight catering services market covers inflight catering services, which deal with in-flight meals served to passengers boarding the flight. These meals are prepared by catering companies and served to passengers via trolley. The meals are varied and differ from company to company and region to region.
The Asia-Pacific inflight catering services market is segmented by food type, flight type, aircraft seating class, and geography. By food type, the market is segmented into meals, bakery, confectionery, beverages, and other food types. By flight type, the market is segmented into full-service carriers and low-cost carriers. The aircraft seating class segment is classified into economy class, business class, and first class. The report also offers the market size and forecasts for four countries across the region. For each segment, the market size and forecast are provided in terms of value (USD).
Food Type | |
Meals | |
Bakery and Confectionary | |
Beverages | |
Other Food Types |
Flight Type | |
Full-service Carriers | |
Low-cost Carriers |
Aircraft Seating Class | |
Economy Class | |
Business Class | |
First Class |
Geography | |
India | |
China | |
Japan | |
South Korea | |
Rest of Asia-Pacific |
Asia-Pacific Inflight Catering Market Size Summary
The Asia-Pacific inflight catering services market is experiencing significant growth, driven by a heightened focus on customer-centric food offerings and the increasing demand for diverse dietary options. Airlines in the region are actively enhancing their inflight dining experiences by partnering with renowned chefs and introducing curated menus to cater to passenger preferences. The post-pandemic landscape has prompted catering companies to adopt innovative methods to attract travelers and improve the overall dining experience. Despite operational challenges such as last-minute requests and short turnaround times, the market is poised for expansion due to the rising air travel and the introduction of new destinations and long-haul flights. The demand for meals onboard is further bolstered by the growing vegan and vegetarian population, as well as health-conscious travelers seeking gluten-free and low-salt options.
India is expected to witness the highest growth rate in the inflight catering market, fueled by the booming aviation sector and increased domestic and international air travel. The entry of domestic airlines into intercontinental routes is fostering competition among caterers, encouraging innovation in inflight services. Meanwhile, China remains the largest market in the region, with airlines focusing on menu redesigns to maintain competitiveness and profitability. However, the trend of reducing complimentary meals in economy class may impact market growth. The market is semi-consolidated, with key players like Gate Gourmet, LSG Sky Chefs, and SATS leading the charge by expanding their geographic presence and offering a wider range of food options. These companies are continuously seeking ways to differentiate themselves and enhance the travel experience for passengers, contributing to the dynamic landscape of the Asia-Pacific inflight catering services market.
Asia-Pacific Inflight Catering Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.3 Market Restraints
-
1.4 Porter's Five Forces Analysis
-
1.4.1 Threat of New Entrants
-
1.4.2 Bargaining Power of Buyers/Consumers
-
1.4.3 Bargaining Power of Suppliers
-
1.4.4 Threat of Substitute Products
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Food Type
-
2.1.1 Meals
-
2.1.2 Bakery and Confectionary
-
2.1.3 Beverages
-
2.1.4 Other Food Types
-
-
2.2 Flight Type
-
2.2.1 Full-service Carriers
-
2.2.2 Low-cost Carriers
-
-
2.3 Aircraft Seating Class
-
2.3.1 Economy Class
-
2.3.2 Business Class
-
2.3.3 First Class
-
-
2.4 Geography
-
2.4.1 India
-
2.4.2 China
-
2.4.3 Japan
-
2.4.4 South Korea
-
2.4.5 Rest of Asia-Pacific
-
-
Asia-Pacific Inflight Catering Market Size FAQs
How big is the Asia-Pacific Inflight Catering Market?
The Asia-Pacific Inflight Catering Market size is expected to reach USD 4.16 billion in 2024 and grow at a CAGR of 9.76% to reach USD 6.60 billion by 2029.
What is the current Asia-Pacific Inflight Catering Market size?
In 2024, the Asia-Pacific Inflight Catering Market size is expected to reach USD 4.16 billion.