In-Flight Catering Service Market Trends, and Opportunities with Key Players 2026

Due to growth in urban middle class population in developing countries such India, China, and Brazil people continue to migrate to cities for economic opportunity, the middle class will expand and begin to travel. Furthermore, additional domestic routes in developing countries and supportive government policy are further expected to boost the market growth.

The global in-flight catering service market is projected to witness significant growth during the forecast period, owing to rise in number of passengers across the globe. According to analysis of International Air Transport Association (IATA), more than seven billion passengers are expected to opt for air travel by end of 2036, with a 3.6 % year-on-year growth. Air transportation companies are thriving to focus on increasing the quality of in-flight catering service in order to attract more passengers from a business development standpoint. This factor is expected to fuel the demand for various in-flight catering services, consequently driving the in-flight catering service market growth during the period of assessment. According to the IATA, the international and domestic air traffic across the global aviation industry has witnessed a significant surge since past few years that has led to increased operational profits and overall net profits of airlines. Moreover, the increase in number of individuals opting for air travel is expected to boost the demand for in-flight catering services, in turn fueling the growth of the in-flight catering market during the forecast period. 

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The global in-flight catering service market size was valued at $18,081 million in 2018, and is expected to reach $24,113 million by 2026, growing at a CAGR of 3.66% from 2019 to 2026. The economy class segment is expected to retain its dominant position, in terms of revenue generation, throughout the forecast period. 

The major players in the industry have adopted strategies such as acquisition, partnership & agreement, merger, and geographical expansion to expand their market share and increase profitability. The key players operating in the in-flight catering service industry include Gategroup, Newrest Group International S.A.S, LSG Sky Chefs, Do & Co, Emirates Flight Catering, SATS Limited, Cathay Pacific Airways Limited, Flying food Group LLC, Saudi Airlines Catering Company, and Royal In-Flight Catering.