Report Description

The global catering services market is expected to grow during the forecast period owing to urbanization and changing lifestyles. There has been a change in the demand for catering services in recent years, supported by the quickly developing business-to-business (B2B) events sector and food and beverage services being offered at a growing number of corporate events. Furthermore, the market for catering services is growing because of factors including hectic lifestyles and difficulties associated with cooking at home. Also, hotels and restaurants are coming up with innovative catering services, which is expected to fuel the catering service industry.

 

The business of catering services involves supplying food services at distant locations or events like weddings, corporate meetings, parties, and conferences, among others. These services are also well-adopted across colleges, schools, and corporate offices through their in-house cooking staff or a third-party source. Contractual catering services have a significant market share for revenue generation in the catering services market.

According to research and database, there are 39,365 caterers currently employed in the United States, among which 57% are women and 43% are men. The average age of the employees is 36 years which will grow in the forecast period and boost the demand for catering services.

 

Increase in Demand for Healthier Fresh Food Among Consumers is Fueling the Market Growth

The growing preference among customers for fresher, healthier foods is boosting the worldwide catering services market. The catering service operators have shifted their emphasis to providing healthier meals made in-house using fresh ingredients. The market is expanding because of the increased focus on implementing technology to enhance the customer experience and minimize time spent waiting for food. Specialized catering services are  increasing in demand as global multinational corporations quickly expand in emerging regions. Due to the worldwide trend of rising health consciousness, catering businesses now provide healthy dining options such as organic meals, a balanced vegan diet, and healthy snacks. The market for catering services is further fueled by the increasing demand for locally produced fresh farm produce, including fruits, vegetables, and meat items.

Demand for International Cuisine Among Urban Population Drives the Market Growth

. Because of their exposure to many cultures and lifestyles, consumers worldwide are experimenting with new cuisines, creating a growth opportunity for the global  catering industry. Due to the growing popularity of on-the-go foods among their working populations, many industrialized and developing nations are observing an increase in the popularity of mobile food service providers. Moreover, the global catering services industry is being supported by evolving nutritional preferences, changing lifestyles, increased urbanization, and an increase in nuclear families.

 

Rising Culture of On-Site Catering Driving the Market growth

On-site catering benefits all big construction companies, corporate offices, hospitals, educational sector, etc. As more sectors utilize catering to attract the employers, the market for catering services is growing. To recruit and keep talent, many companies are promoting their dining services as a benefit by offering something more than just a meal. Companies are increasingly providing customized menus and dining experiences to the staff at discounted rates to raise employee happiness and morale. Such a comprehensive dining experience promotes social eating among staff members and helps them feel a part of the business. This, as a result, is giving rise to many catering companies and boosting the global catering services market.


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Market Segmentation

The global catering services market is segmented based on services type, end user, region, and competitional landscape. Based on the services type, the market is segmented into contractual and non-contractual. The market analysis also studies the end user segmentation divided among healthcare, hospitality, industrial, corporates, education, in-flight, and others (holy sites, events, railways, defense, etc.).

Company Profiles

Compass Group plc, Sodexo S.A., Aramark Corporation, ISS Facility Services Inc., AVI Foodsystems, Inc, Jones Lang LaSalle IP, Inc., Mitie Group plc, Cushman & Wakefield plc, DO & CO Aktiengesellschaft, Elior Group S.A., and others are among the major market players in the global catering services market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Services Type

End User

Region

Regional Scope

Europe, Asia-Pacific, North America, Middle East & Africa and South America

Country Scope

United States, Canada, Mexico, Germany, France, United Kingdom, Italy, Spain, China, India, Japan, South Korea, Australia, Saudi Arabia, UAE, South Africa, Turkey, Brazil, Argentina, Colombia

Key Companies Profiled

Compass Group plc, Sodexo S.A., Aramark Corporation, ISS Facility Services Inc., AVI Foodsystems, Inc, Jones Lang LaSalle IP, Inc., Mitie Group plc, Cushman & Wakefield plc, DO & CO Aktiengesellschaft, Elior Group S.A.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the global catering services market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  Catering Services Market, By Services Type:
    • Contractual
    • Non-Contractual

·         Catering Services Market, By End User:

§  Healthcare

§  Corporates

§  Education

§  Hospitality

§  Industrial

§  In-flight

§  Others

  • Catering Services Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global catering services market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Catering Services Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Service Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary         

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Sample Size Determination

4.2.  Respondent Demographics

4.2.1.     By Gender

4.2.2.     By Age

4.2.3.     By Occupation

4.3.  Frequency of Availing Services

4.4.  Customer Satisfaction

4.5.  Challenges Faced After Availing Services

5.    Global Catering Services Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Services Type Market Share Analysis (Contractual, Non- Contractual)

5.2.2.     By End User Market Share Analysis (Healthcare, Corporates, Education, Hospitality, Industrial, In-flight Others (Holy Sites, Industries, Events, Railways, Defense, etc.))

5.2.3.     By Regional Market Share Analysis

5.2.3.1.         North America Market Analysis

5.2.3.2.         South America Market Analysis

5.2.3.3.         Middle East & Africa Market Analysis

5.2.3.4.         Europe Market Analysis

5.2.3.5.         Asia -Pacific Market Analysis

5.2.4.     By Company Market Share Analysis

5.3.  Global Catering Services Mapping & Opportunity Assessment

5.3.1.     By Services Type Market Mapping & Opportunity Assessment

5.3.2.     By End User Market Mapping & Opportunity Assessment

5.3.3.     By Region Market Mapping & Opportunity Assessment

6.    North America Catering Services Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Services Type Market Share Analysis

6.2.2.     By End User Market Share Analysis

6.2.3.     By Country

6.2.3.1.         United States Catering Services Market Outlook

6.2.3.1.1.             Market Size & Forecast

6.2.3.1.1.1. By Value

6.2.3.1.2.             Market Share & Forecast

6.2.3.1.2.1. By Service Type Market Share Analysis

6.2.3.1.2.2. By End User Market Share Analysis

6.2.3.2.         Canada Catering Services Market Outlook

6.2.3.2.1.             Market Size & Forecast

6.2.3.2.1.1. By Value

6.2.3.2.2.             Market Share & Forecast

6.2.3.2.2.1. By Service Type Market Share Analysis

6.2.3.2.2.2. By End User Market Share Analysis

6.2.3.3.         Mexico Catering Services Market Outlook

6.2.3.3.1.             Market Size & Forecast

6.2.3.3.1.1. By Value

6.2.3.3.2.             Market Share & Forecast

6.2.3.3.2.1. By Service Type Market Share Analysis

6.2.3.3.2.2. By End User Market Share Analysis

7.    Europe Catering Services Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Services Type Market Share Analysis

7.2.2.     By End User Market Share Analysis

7.2.3.     By Country

7.2.3.1.         France Catering Services Market Outlook

7.2.3.1.1.             Market Size & Forecast

7.2.3.1.1.1. By Value

7.2.3.1.2.             Market Share & Forecast

7.2.3.1.2.1. By Service Type Market Share Analysis

7.2.3.1.2.2. By End User Market Share Analysis

7.2.3.2.         Italy Catering Services Market Outlook

7.2.3.2.1.             Market Size & Forecast

7.2.3.2.1.1. By Value

7.2.3.2.2.             Market Share & Forecast

7.2.3.2.2.1. By Service Type Market Share Analysis

7.2.3.2.2.2. By End User Market Share Analysis

7.2.3.3.         Germany Catering Services Market Outlook

7.2.3.3.1.             Market Size & Forecast

7.2.3.3.1.1. By Value

7.2.3.3.2.             Market Share & Forecast

7.2.3.3.2.1. By Service Type Market Share Analysis

7.2.3.3.2.2. By End User Market Share Analysis

7.2.3.4.         Spain Catering Services Market Outlook

7.2.3.4.1.             Market Size & Forecast

7.2.3.4.1.1. By Value

7.2.3.4.2.             Market Share & Forecast

7.2.3.4.2.1. By Service Type Market Share Analysis

7.2.3.4.2.2. By End User Market Share Analysis

7.2.3.5.         United Kingdom Catering Services Market Outlook

7.2.3.5.1.             Market Size & Forecast

7.2.3.5.1.1. By Value

7.2.3.5.2.             Market Share & Forecast

7.2.3.5.2.1. By Service Type Market Share Analysis

7.2.3.5.2.2. By End User Market Share Analysis

8.    Asia-Pacific Catering Services Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Services Type Market Share Analysis

8.2.2.     By End User Market Share Analysis

8.2.3.     By Country

8.2.3.1.         China Catering Services Market Outlook

8.2.3.1.1.             Market Size & Forecast

8.2.3.1.1.1. By Value

8.2.3.1.2.             Market Share & Forecast

8.2.3.1.2.1. By Service Type Market Share Analysis

8.2.3.1.2.2. By End User Market Share Analysis

8.2.3.1.2.3. By Payment Market Share Analysis

8.2.3.2.         Japan Catering Services Market Outlook

8.2.3.2.1.             Market Size & Forecast

8.2.3.2.1.1. By Value

8.2.3.2.2.             Market Share & Forecast

8.2.3.2.2.1. By Service Type Market Share Analysis

8.2.3.2.2.2. By End User Market Share Analysis

8.2.3.3.         India Catering Services Market Outlook

8.2.3.3.1.             Market Size & Forecast

8.2.3.3.1.1. By Value

8.2.3.3.2.             Market Share & Forecast

8.2.3.3.2.1. By Service Type Market Share Analysis

8.2.3.3.2.2. By End User Market Share Analysis

8.2.3.4.         South Korea Catering Services Market Outlook

8.2.3.4.1.             Market Size & Forecast

8.2.3.4.1.1. By Value

8.2.3.4.2.             Market Share & Forecast

8.2.3.4.2.1. By Service Type Market Share Analysis

8.2.3.4.2.2. By End User Market Share Analysis

8.2.3.5.         Australia Catering Services Market Outlook

8.2.3.5.1.             Market Size & Forecast

8.2.3.5.1.1. By Value

8.2.3.5.2.             Market Share & Forecast

8.2.3.5.2.1. By Service Type Market Share Analysis

8.2.3.5.2.2. By End User Market Share Analysis

9.    Middle East & Africa Catering Services Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Services Type Market Share Analysis

9.2.2.     By End User Market Share Analysis

9.2.3.     By Country

9.2.3.1.         South Africa Catering Services Market Outlook

9.2.3.1.1.             Market Size & Forecast

9.2.3.1.1.1. By Value

9.2.3.1.2.             Market Share & Forecast

9.2.3.1.2.1. By Service Type Market Share Analysis

9.2.3.1.2.2. By End User Market Share Analysis

9.2.3.2.         Saudi Arabia Catering Services Market Outlook

9.2.3.2.1.             Market Size & Forecast

9.2.3.2.1.1. By Value

9.2.3.2.2.             Market Share & Forecast

9.2.3.2.2.1. By Service Type Market Share Analysis

9.2.3.2.2.2. By End User Market Share Analysis

9.2.3.3.         UAE Catering Services Market Outlook

9.2.3.3.1.             Market Size & Forecast

9.2.3.3.1.1. By Value

9.2.3.3.2.             Market Share & Forecast

9.2.3.3.2.1. By Service Type Market Share Analysis

9.2.3.3.2.2. By End User Market Share Analysis

9.2.3.4.         Turkey Catering Services Market Outlook

9.2.3.4.1.             Market Size & Forecast

9.2.3.4.1.1. By Value

9.2.3.4.2.             Market Share & Forecast

9.2.3.4.2.1. By Service Type Market Share Analysis

9.2.3.4.2.2. By End User Market Share Analysis

10.  South America Catering Services Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Services Type Market Share Analysis

10.2.2.  By End User Market Share Analysis

10.2.3.  By Country

10.2.3.1.      Brazil Catering Services Market Outlook

10.2.3.1.1.           Market Size & Forecast

10.2.3.1.1.1.               By Value

10.2.3.1.2.           Market Share & Forecast

10.2.3.1.2.1.               By Service Type Market Share Analysis

10.2.3.1.2.2.               By End User Market Share Analysis

10.2.3.2.      Colombia Catering Services Market Outlook

10.2.3.2.1.           Market Size & Forecast

10.2.3.2.1.1.               By Value

10.2.3.2.2.           Market Share & Forecast

10.2.3.2.2.1.               By Service Type Market Share Analysis

10.2.3.2.2.2.               By End User Market Share Analysis

10.2.3.3.      Argentina Catering Services Market Outlook

10.2.3.3.1.           Market Size & Forecast

10.2.3.3.1.1.               By Value

10.2.3.3.2.           Market Share & Forecast

10.2.3.3.2.1.               By Service Type Market Share Analysis

10.2.3.3.2.2.               By End User Market Share Analysis

11.  Market Dynamics

11.1.              Drivers

11.1.1.   Changing Lifestyle and Urbanization Across the Globe

11.1.2.  Hectic Lifestyle and Challenges Related to Cooking at Home

11.1.3.  Multiple Services Offered by Companies

11.2.              Challenges

11.2.1.  Preparing Food at Different Venues

11.2.2.  Transportation of Food Properly

12.  Impact of COVID-19 on Global catering Services Market

12.1.              Impact Assessment Model       

12.1.1.  Key Segments Impacted

12.1.2.  Key Regions Impacted

12.1.3.  Key Countries Impacted

12.1.4.  Key Distribution Channel Impacted

13.  Market Trends & Developments

13.1.              Increase in Expenditure for Dining Out

13.2.              Increase In Demand for Healthier Fresh Food Among Consumers

13.3.              Increasing Number of Market Players

13.4.              Rising Culture of On-Site Catering

13.5.              Demand for International Cuisine Among Urban Population

14.  Porter’s Five Forces Model

14.1.              Competitive Landscape

14.2.              Buyer Power

14.3.              Supplier Power

14.4.              Threat of New Entrants

14.5.              Threat of Substitutes

15.  SWOT Analysis

15.1.              Strengths

15.2.              Weaknesses

15.3.              Opportunities

15.4.              Threats

16.  Competitive Landscape

16.1.              Competition Outlook

16.2.              Company Profiles

16.2.1.  Compass Group plc

16.2.1.1.      Company Details

16.2.1.2.      Product & Services

16.2.1.3.      Financials (As Reported)

16.2.1.4.      Key Market Focus & Geographical Presence

16.2.1.5.      Recent Developments

16.2.1.6.      Key Management Personnel

16.2.2.  Sodexo S.A.

16.2.2.1.      Company Details

16.2.2.2.      Product & Services

16.2.2.3.      Financials (As Reported)

16.2.2.4.      Key Market Focus & Geographical Presence

16.2.2.5.      Recent Developments

16.2.2.6.      Key Management Personnel

16.2.3.  Aramark Corporation

16.2.3.1.      Company Details

16.2.3.2.      Product & Services

16.2.3.3.      Financials (As Reported)

16.2.3.4.      Key Market Focus & Geographical Presence

16.2.3.5.      Recent Developments

16.2.3.6.      Key Management Personnel

16.2.4.  ISS Facility Services Inc.

16.2.4.1.      Company Details

16.2.4.2.      Product & Services

16.2.4.3.      Financials (As Reported)

16.2.4.4.      Key Market Focus & Geographical Presence

16.2.4.5.      Recent Developments

16.2.4.6.      Key Management Personnel

16.2.5.  AVI Foodsystems, Inc

16.2.5.1.      Company Details

16.2.5.2.      Product & Services

16.2.5.3.      Financials (As Reported)

16.2.5.4.      Key Market Focus & Geographical Presence

16.2.5.5.      Recent Developments

16.2.5.6.      Key Management Personnel

16.2.6.  Jones Lang LaSalle IP, Inc.

16.2.6.1.      Company Details

16.2.6.2.      Product & Services

16.2.6.3.      Financials (As Reported)

16.2.6.4.      Key Market Focus & Geographical Presence

16.2.6.5.      Recent Developments

16.2.6.6.      Key Management Personnel

16.2.7.  Mitie Group plc

16.2.7.1.      Company Details

16.2.7.2.      Product & Services

16.2.7.3.      Financials (As Reported)

16.2.7.4.      Key Market Focus & Geographical Presence

16.2.7.5.      Recent Developments

16.2.7.6.      Key Management Personnel

16.2.8.  Cushman & Wakefield plc

16.2.8.1.      Company Details

16.2.8.2.      Product & Services

16.2.8.3.      Financials (As Reported)

16.2.8.4.      Key Market Focus & Geographical Presence

16.2.8.5.      Recent Developments

16.2.8.6.      Key Management Personnel

16.2.9.  DO & CO Aktiengesellschaft

16.2.9.1.      Company Details

16.2.9.2.      Product & Services

16.2.9.3.      Financials (As Reported)

16.2.9.4.      Key Market Focus & Geographical Presence

16.2.9.5.      Recent Developments

16.2.9.6.      Key Management Personnel

16.2.10.                Elior Group S.A.

16.2.10.1.    Company Details

16.2.10.2.    Product & Services

16.2.10.3.    Financials (As Reported)

16.2.10.4.    Key Market Focus & Geographical Presence

16.2.10.5.    Recent Developments

16.2.10.6.    Key Management Personnel

17.  Strategic Recommendations/Action Plan

17.1.              Key Focus Areas

17.2.              Target Regions & Countries

17.3.              Target Services Type

17.4.              Target End User

18.   About Us & Disclaimer

 (Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Key factors driving the global catering services market growth include Increasing consumer choices for customized meals based on consumer preferences, growing importance of corporate cultures, social lifestyles, social events, and celebrations.

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In terms of region, the global catering services market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Among these, the Europe region has dominated the market, and will continue to dominate during the forecast period.

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Catering Services generally serve two categories of customers, business-to-business catering: this type of catering caters to clients who are in the business, such as corporates, airlines, event planners, etc., and other consumer catering: these catering services are offered to customers for special events, including weddings, funerals, parties, and birthday celebrations, etc.

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Some key players operating in the global catering services market include Compass Group plc, Sodexo S.A., Aramark Corporation, ISS Facility Services Inc., AVI Foodsystems, Inc, Jones Lang LaSalle IP, Inc., Mitie Group plc, Cushman & Wakefield plc, DO & CO Aktiengesellschaft, Elior Group S.A.

profile

Parvati Sharma

Account Manager BD
Press Release

Catering Services Market to be Dominated by Contractual Catering During the Forecast Period

Jan, 2023

Increasing consumer choices for customized meals based on preferences, growing importance of corporate cultures, social lifestyles, social events, and celebrations are expected to drive the growth of