Catering and Food Service Contractor Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Report Description
The catering and foodservice contractor market is currently driven by the consumer’s inclination towards health and wellness. The rising awareness towards healthy eating is forcing catering and food service companies to provide healthier options in their food menu. According to the Global Wellness Institute, in 2015, the global wellness economy accounted for $3.7 trillion market which increased to $4.2 trillion market by the end of 2021. The market includes the healthy eating, Nutrition and Weight loss sector which accounted for $702 billion of total global wellness economy in 2021.
Market Dynamics
Increasing preference of sustainable diet is a significant factor for the catering and food service contractor market growth. Sustainable diet refers to healthy diet followed by people by taking into consideration its impact on ecosystems and biodiversity. Sustainable foods such as vegetables and fruits are economically fair and are nutritious. Menus provided by caterers are expected to include foods, which are gluten free, flourless, mushroom-less, and shell-fish free.
Furthermore, key players in the market are focusing launching online catering services in order to enhance their market share. For instance, Caterspot offers online catering services from registration, order processing, deciding of meals till cancellation, if required. The company facilitates services of partner caterers and does not offer catering services itself.
Key features of the study:
This report provides in-depth analysis of catering and food service contractor market and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global catering and food service contractor market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
Key companies covered as a part of this study include, Compass Group Plc., Sodexo, Aramark Corporation, Elior Group, Delaware North, Westbury Street Holdings, Ovations Food Services, Thompson Hospitality, Dine Contract Catering, Olive Catering Services, and others
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
The global catering and food service contractor market report caters to various stakeholders in this industry including investors, suppliers, catering and food service contractors, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the catering and food service contractor market
Detailed Segmentation:
Global Catering and Food Service Contractor Market, By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Global Catering and Food Service Contractor Market, By Geography:
North America
U.S.
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Canada
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Europe
U.K.
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Germany
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Italy
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
France
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Russia
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Rest of Europe
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Asia Pacific
China
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
India
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Japan
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
ASEAN
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Australia
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
South Korea
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Rest of Asia Pacific
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Latin America
Brazil
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Mexico
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Rest of Latin America
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Middle East
GCC
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Israel
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Rest of Middle East
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Africa
Northern Africa
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Central Africa
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
South Africa
By Application:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others (Defense, Airports, Offshore, Remote, etc.,)
Company Profiles
Compass Group Plc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Sodexo
Aramark Corporation
Elior Group
Delaware North
Westbury Street Holdings
Ovations Food Services
Thompson Hospitality
Dine Contract Catering
Olive Catering Services
“*” marked represents similar segmentation in other categories in the respective section.
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