November 15, 2022
ReportLinker, a market research resource provider, has released their global market report for the in-flight catering services industry. This report offers the latest insights into the multibillion dollar in-flight catering services sector, and is crucial in GCG Group’s annual business strategies. 2022’s data indicated a strong return to air travel in the wake of the COVID-19 pandemic, with the market expanding from $14.57 billion in 2021 to $15.85 billion over 2022. Projections actually set growth to top $20.52 billion by 2026.
This market includes sales of food and in-flight meals and beverages prepared by contracted catering companies for commercial airliners.
Increased air traffic and passengers are what is driving growth—particularly over the past two years as these numbers have skyrocketed for both business and leisure. This has put even more of an emphasis on in-flight services and catering, especially for long-distance carriers. This has also led to more investment into these services by the catering companies themselves.
The fun report can be found at ReportLinker.com.