APAC In-Flight Catering Services Market Share, Revenue, Demand, Trends, Growth Drivers, Challenges and Business Opportunities Till 2033


APAC In-Flight Catering Services Market Share, Revenue, Demand, Trends, Growth Drivers, Challenges and Business Opportunities Till 2033: SPER Market Research

 Category : Food & Beverages

 Published: Mar-2024
 Author: SPER Analyst

Asia-Pacific In-Flight Catering Services Market is projected to be worth USD 9.7 Billion by 2033 with a CAGR of 6.3%.

Travelling is made more enjoyable by airline catering services, which provide delicious meals while in flight. Usually served from an aircraft service cart, these meals are catered by specialised catering services. Significant automation is used in flight kitchens; examples include automated plastic wrapping, conveyor belts for packaging meals, and rail systems for moving trolleys. Safety and hygiene are of utmost importance, and flight kitchens frequently include on-site food analysis laboratories for compliance checks. Sustaining elevated standards for food preparation guarantees the wellbeing and contentment of travellers.

Asia-Pacific In-Flight Catering Services Market Driving Factors and Challenges

An increase in travellers on airlines and non-stop flights: The expansion of the economy and population is driving up the number of flights and passengers on airlines. The expanding middle class is driving airline business. Additionally, low-cost airlines are starting to appear, providing competitive airfares on well-liked routes. More air traffic is associated with an airport's stronger connectivity since it provides access to a greater range of destinations. This is especially true for airports that serve as significant air carrier hubs. Thus, it is anticipated that the industry would rise due to an increase in airline passengers and non-stop flights.

A shift in lifestyle and a rise in discretionary income: Demand naturally rises when disposable income rises since there is more money available for spending or saving. Spending by consumers is one of the key factors that determine demand. It generates the demand necessary for businesses to remain successful and recruit new employees. Furthermore, a lot of people's evolving lifestyles want fine, gourmet, healthful food—even on flights. In the culinary sector, customising meals and drinks to meet each customer's specific preferences is becoming more and more popular. Convenient food has seen significant global growth as a result of customers' ever-evolving consumption patterns, rising urban lifestyles, and growing consumer health consciousness.

Strict adherence to food quality standards: The airline catering business has long acknowledged the critical nature of food safety, as seen by its continued dedication to the creation of industry standards. It has been acknowledged that a food safety management system covering all aspect of food production, from product design to onboard service, is necessary to guarantee the safety of food and drink when consumed onboard. The World Food Safety Guidelines for Airline Catering serve as a fundamental point of reference for all parties concerned and outline an efficient food safety control approach that is applicable to the airline industry globally. Some food and catering services that do not comply with food safety regulations and requirements for in-flight catering services may be eliminated due to the strict regulations.

Impact of COVID-19 on Asia-Pacific In-Flight Catering Services Market
Due to the closure of the food and beverage industry, controlled flight schedules, logistical difficulties, and inadequate product testing, COVID-19 had a negative impact on the Asia-Pacific in-flight catering services business. In spite of this, improvements in in-flight meal ordering systems and government backing are expected to present favourable growth opportunities. Market expansion is also expected to be fueled by growing disposable incomes and enhanced cooperation among industry participants. The industry has expanded significantly since the epidemic, and businesses are still working to improve the flight catering framework by developing new ideas and technologies.

Asia-Pacific In-Flight Catering Services Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Air China, Cathay Pacific Catering Services (HK) Ltd, Emirates Flight Catering, Flying Food Group, Gate Gourmet, Jetfinity, Journey Group PLC, LSG Sky Chefs, Newrest International Group SAS, Sats Ltd, Others.

Asia-Pacific In-Flight Catering Services Market Segmentation:

By Food Type: Based on the Food Type, Asia-Pacific In-Flight Catering Services Market is segmented as; Bakery and Confectionary, Beverages, Meals, Other Food Types.

By Flight Category: Based on the Flight Category, Asia-Pacific In-Flight Catering Services Market is segmented as; Full-Service Carriers, Low-cost Carriers, Hybrid and Other Flight Types.

By Aircraft Seating Class: Based on the Aircraft Seating Class, Asia-Pacific In-Flight Catering Services Market is segmented as; Business Class, Economy Class, First Class.

By Region: This research also includes data for China, India, Japan, South Korea, Rest of Asia-Pacific.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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