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Catering and Food Service Contractor Market Size, Share, Trends, Growth Outlook

Catering and Food Service Contractor Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Type (Food Service Contractors, Catering Services) By Ownership (Chained, Standalone) By Application (Corporate, Industrial, Hospitality Services, Healthcare, Educational Institutions, Sports & Leisure, Others) Companies Report

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  • |Published Month : November, 2024
  • |No. of Pages : 180

The Global Catering and Food Service Contractor Market Size is estimated to register 5.8% growth over the forecast period from 2023 to 2030.

 

The market is expanding due to a surge in the popularity of ghost kitchens, alternatively termed dark kitchens, and virtual brands, transforming the food service sector. Catering enterprises are venturing into the realm of virtual-only restaurant models, enabling them to manage various brands from a single kitchen space. This trend leverages the increasing desire for food delivery services and provides an avenue for experimenting with a variety of culinary offerings, eliminating the necessity for a physical restaurant presence. Leading Companies focusing on Technology-Driven Innovations, Eco-Friendly Practices and Sustainable Sourcing, Health and Wellness Solutions, and others to boost market shares in the industry.

 

Market Overview

The catering and food service contractor market is a diverse and dynamic industry characterized by the provision of catering services for events, institutions, and businesses. Key players, including global giants like Compass Group and Sodexo, offer a wide range of services with a growing emphasis on technology integration, health and wellness, and sustainability. The industry has adapted to changing consumer preferences by providing online ordering platforms, healthier menu options, and eco-friendly practices. Challenges such as food safety concerns and supply chain disruptions persist, and the market continues to evolve in response to globalization and a multicultural customer base.

 

Market Dynamics

Market Trends- The increasing demand for healthier and more nutritious catering options is a significant factor driving the growth of the catering and food service industry.

The catering and food service industry is experiencing growth driven by a heightened demand for healthier and more nutritious options. Catering companies are adapting by incorporating fresh, organic, and locally sourced ingredients into their menus, accommodating various dietary preferences such as vegetarian, vegan, and gluten-free options. Innovative culinary techniques and collaborations with nutrition experts contribute to the creation of healthier menu offerings. Additionally, strategic marketing initiatives aim to highlight the nutritional benefits of these choices, reflecting a broader commitment to wellness-conscious consumers.

 

Market Driver- The integration of technology is revolutionizing the catering and food service industry, as innovative solutions enhance efficiency, streamline operations, and improve customer satisfaction.

The catering and food service industry are undergoing a technological revolution, with innovations enhancing efficiency and customer satisfaction. Digital ordering platforms and mobile apps provide convenient order placement, while automation in kitchen operations optimizes processes and reduces costs. Data analytics informs decision-making, adapting to customer preferences, and improving business performance. Contactless service innovations, including QR code menus and digital payments, enhance safety. IoT devices contribute to operational efficiency and food safety, and CRM systems improve customer relationship management for personalized marketing and loyalty programs.

 

Market Opportunity- Sustainable practices are becoming increasingly important in the catering and food service industry, as businesses strive to minimize their environmental impact and promote eco-friendly practices.

The catering and food service industry is prioritizing sustainability by adopting eco-friendly packaging, emphasizing the use of locally sourced and organic ingredients, implementing waste reduction initiatives, and embracing energy-efficient operations. Companies are obtaining certifications and eco-labels to demonstrate their commitment to sustainability, and educational initiatives are underway to inform both staff and customers about the environmental impact of their choices. The industry's increasing focus on sustainable practices aligns with the growing demand for eco-friendly options and demonstrates a commitment to minimizing environmental impact.

 

Market Share Analysis- Catering Services the Catering and Food Service Contractor Market will register the fastest growth

The Global Catering and Food Service Contractor Market is analyzed across Food Service Contractors, Catering Services, and others. Catering Services is poised to register the fastest growth. Catering services are integral to the Catering and Food Service Contractor Market, providing food and beverage solutions for events, institutions, and businesses. This sector encompasses event catering, institutional catering, and services for various occasions. The market includes a diverse range of players, from large corporations to local businesses. Key trends in the industry involve a focus on health-conscious menus, technological innovations for efficiency, and a growing commitment to sustainability.

 

Market Share Analysis- Standalone held a significant market share in 2023

The Global Catering and Food Service Contractor Market is analyzed across various Ownership including Chained, Standalone, and others. Of these, Standalone held a significant market share in 2023. The Standalone Catering and Food Service Contractor Market consists of independent businesses providing catering and food services autonomously, separate from larger organizations. These entities offer a range of services, including event catering and institutional food solutions, with a distinct focus on customer needs. Operating independently, these businesses may align with broader industry trends, such as prioritizing health-conscious menus, integrating technology for efficiency, and embracing sustainable practices. This segment represents specialized service providers catering to diverse customer requirements within the broader catering and food service industry.

 

Catering and Food Service Contractor Market News

Starting September 10th, the US-based fast-food restaurant chain Kentucky Fried Chicken (KFC) is set to introduce its new Hot & Spicy Wings for a limited time.

Tabbed has introduced a groundbreaking payment solution to enhance the dining experience, providing seamless and innovative technology for hassle-free payments.

 

Catering and Food Service Contractor Market Segmentation

By Type

  • Food Service Contractors
  • Catering Services

By Ownership

  • Chained
  • Standalone

By Application

  • Corporate
  • Industrial
  • Hospitality Services
  • Healthcare
  • Educational Institutions
  • Sports & Leisure
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Catering and Food Service Contractor Market Companies

  • Aramark Corporation (United States)
  • Compass Group Plc. (United Kingdom)
  • Sodexo (France)
  • Elior Group (France)
  • Delaware North (United States)
  • Westbury Street Holdings (United States)
  • Ovations Food Services (United States)
  • Olive Catering Services (United Kingdom)
  • Dine Contract Catering (United Kingdom)
  • Thompson Hospitality (United States)

 

*List not exhaustive

Catering and Food Service Contractor Market Outlook 2023

1 Market Overview

1.1 Introduction to the Catering and Food Service Contractor Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Catering and Food Service Contractor Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Catering and Food Service Contractor Market Companies with Area Served

4.2.2 Products Offerings Global Catering and Food Service Contractor Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 post-COVID-19 Scenario- Reference Growth Case

5.1.4 post-COVID-19 Scenario- Low Growth Case

 

6 Global Catering and Food Service Contractor Market Trends

6.1 Global Catering and Food Service Contractor Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Catering and Food Service Contractor Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Catering and Food Service Contractor Revenue (USD Million) and CAGR (%) by regions (2018-2030)

 

7 Global Catering and Food Service Contractor Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Catering and Food Service Contractor Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Catering and Food Service Contractor Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Catering and Food Service Contractor Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Catering and Food Service Contractor Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Catering and Food Service Contractor Development Regional Status and Outlook

8.1 Global Catering and Food Service Contractor Revenue (USD Million) By Regions (2018-2022)

8.2 North America Catering and Food Service Contractor Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Catering and Food Service Contractor Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Catering and Food Service Contractor Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Catering and Food Service Contractor Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Catering and Food Service Contractor Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Catering and Food Service Contractor Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Catering and Food Service Contractor Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Catering and Food Service Contractor Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Catering and Food Service Contractor Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) by Applications (2018-2022)

8.5 South America Catering and Food Service Contractor Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Catering and Food Service Contractor Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Catering and Food Service Contractor Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Catering and Food Service Contractor Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Catering and Food Service Contractor Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Catering and Food Service Contractor Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Catering and Food Service Contractor Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Catering and Food Service Contractor Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Catering and Food Service Contractor Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Catering and Food Service Contractor Development Regional Status and Outlook Forecast

11.1 Global Catering and Food Service Contractor Revenue (USD Million) By Regions (2023-2030)

11.2 North America Catering and Food Service Contractor Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Catering and Food Service Contractor Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Catering and Food Service Contractor Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Catering and Food Service Contractor Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Catering and Food Service Contractor Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Catering and Food Service Contractor Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Catering and Food Service Contractor Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Catering and Food Service Contractor Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Catering and Food Service Contractor Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Catering and Food Service Contractor Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Catering and Food Service Contractor Revenue (USD Million), by Applications (2023-2030)

11.5 South America Catering and Food Service Contractor Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Catering and Food Service Contractor Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Catering and Food Service Contractor Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Catering and Food Service Contractor Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million), by region (2023-2030)

11.6.2 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Catering and Food Service Contractor Market Companies with Areas Served

Table 3 Products Offerings Global Catering and Food Service Contractor Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Catering and Food Service Contractor Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Catering and Food Service Contractor Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Catering and Food Service Contractor Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Table 11 Global Catering and Food Service Contractor Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Catering and Food Service Contractor Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Catering and Food Service Contractor Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Catering and Food Service Contractor Market Share (%) By Regions (2018-2022)

Table 16 North America Catering and Food Service Contractor Revenue (USD Million) By Country (2018-2022)

Table 17 North America Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Table 18 North America Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Catering and Food Service Contractor Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Catering and Food Service Contractor Revenue (USD Million) By Country (2018-2022)

Table 26 South America Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Table 27 South America Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Table 33 Global Catering and Food Service Contractor Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Catering and Food Service Contractor Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Catering and Food Service Contractor Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Catering and Food Service Contractor Revenue (USD)By Country (2023-2030)

Table 38 North America Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Table 39 North America Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Catering and Food Service Contractor Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Catering and Food Service Contractor Revenue (USD Million) By Country (2023-2030)

Table 47 South America Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Table 48 South America Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Catering and Food Service Contractor Revenue Market Share (%) By Type (2022)

Figure 5 Global Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Catering and Food Service Contractor Revenue Market Share (%) By Applications (2022)

Figure 7 Global Catering and Food Service Contractor Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Catering and Food Service Contractor Market Share (%) By Regions (2022)

Figure 9 North America Catering and Food Service Contractor Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Catering and Food Service Contractor Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Catering and Food Service Contractor Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Catering and Food Service Contractor Revenue Market Share (%) By Type (2030)

Figure 26 Global Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Catering and Food Service Contractor Revenue Market Share (%) By Applications (2030)

Figure 28 Global Catering and Food Service Contractor Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Catering and Food Service Contractor Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Catering and Food Service Contractor Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Catering and Food Service Contractor Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Catering and Food Service Contractor Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

Catering and Food Service Contractor Market Segmentation

By Type

  • Food Service Contractors
  • Catering Services

By Ownership

  • Chained
  • Standalone

By Application

  • Corporate
  • Industrial
  • Hospitality Services
  • Healthcare
  • Educational Institutions
  • Sports & Leisure
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)