It is estimated that in 2027, the global airline catering services market will amount to approximately 21.8 billion U.S. dollars.
Airline catering industry in the U.S.
As low-cost carriers (LCCs) entered the aviation market, the traditional aviation services got disrupted immensely. One of the impacts of the structural changes within the aviation industry was on the airline catering services because traditional air carriers started to rethink the in-flight food provisioning. Despite all, people need food or some basic nourishments during a travel journey. In upcoming years, slow but steady growth in global airline catering services is expected. In 2019, the market size of the U.S. airline catering services was roughly 5.5 billion U.S. dollars. During that period, this industry employed over 61,000 people in the U.S.
Enterprises in the U.S. air catering market
Since 2017, the number of firms in this market has experienced a growth path even amid the coronavirus (COVID-19) pandemic. Each large air carrier has a main in-flight food provider, mostly owned vertically within their own business unit. In 2019, there were approximately 295 businesses in the U.S. airline catering services market to supply the aviation industry with food. In that same year, the U.S. airline catering service enterprises incurred approximately 2.2 billion U.S. dollars in wage costs.
Market size of the global airline catering services between 2020 and 2027
(in billion U.S. dollars)
* This Statista estimate is based on the 2027 values and the compound annual growth rate from 2021 to 2027 of 6.1 percent which were provided by the source. An exponential development of the market was assumed.
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Statista. (November 5, 2021). Market size of the global airline catering services between 2020 and 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 05, 2024, from https://www.statista.com/statistics/934663/global-airline-catering-services-market-size/
Statista. "Market size of the global airline catering services between 2020 and 2027 (in billion U.S. dollars)." Chart. November 5, 2021. Statista. Accessed October 05, 2024. https://www.statista.com/statistics/934663/global-airline-catering-services-market-size/
Statista. (2021). Market size of the global airline catering services between 2020 and 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 05, 2024. https://www.statista.com/statistics/934663/global-airline-catering-services-market-size/
Statista. "Market Size of The Global Airline Catering Services between 2020 and 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Nov 2021, https://www.statista.com/statistics/934663/global-airline-catering-services-market-size/
Statista, Market size of the global airline catering services between 2020 and 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/934663/global-airline-catering-services-market-size/ (last visited October 05, 2024)
Market size of the global airline catering services between 2020 and 2027 (in billion U.S. dollars) [Graph], Statista, November 5, 2021. [Online]. Available: https://www.statista.com/statistics/934663/global-airline-catering-services-market-size/