Contract Catering Market, by Sector (Corporate, Industrial, Hospitality Services, Healthcare, Educational Institutions, Sports & Leisure, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Sha

Contract Catering Market, by Sector (Corporate, Industrial, Hospitality Services, Healthcare, Educational Institutions, Sports & Leisure, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Contract catering provides catering services to organizations or business on a regular basis. Contract companies work with educational institutions, hospitality, industrial, healthcare, sports & leisure, and other sectors to develop menus and programs to inculcate varied and balanced diet.
Market Dynamics
Increasing demand for food-away-from-home and increasing focus of consumers on offering fresh food at work place are expected to drive demand for contract catering services, owing to its increasing demand from corporate offices, hospitals, educational institutions, and other industries, which provide quick and easy access to various healthy snack foods within the office or institute premises.
Latin America is expected to witness a significant growth in global contract catering market by 2021. High economic growth in Latin American countries such as Brazil coupled with increasing purchasing power of the urban population are expected to propel the contract catering market growth in Latin America. For instance, according to International Monetary Fund (IMF), Brazil’s economy grew 3.6 times to reach US$ 1.8 trillion in 2021 from US$ 0.5 trillion in 2002.
Growing healthcare sector in Mexico is also expected to boost growth of contract catering services to the healthcare sector. For instance, according to International Trade Administration, Mexico spent around 4.2% of its GDP in the healthcare sector in 2021.
Furthermore, key manufacturers are involved in developing or opening of a new facility, in order to expand their customer base. For instance, in 2021, Aramark Corporation opened a new global headquarter with a culinary innovation kitchen in Philadelphia. This has helped the company expand its customer base in the U.S.
However, online food delivery services, worldwide is increasing at a significant rate, which is expected to hinder growth of the global contract catering market over the forecast period. Online food services offers convenient and easy order process and keeps cost transparent including price along with other taxes to be charged. It allows customers to order through mobile app and explore various options of food without the intervention of contractors. The major competitors of global contract catering pertaining to online food delivery services include Grubhub Inc., UberEats, Ele.me, Deliveroo, and Zomato, among others.
Key features of the study:
This report provides in-depth analysis of contract catering 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 approvals, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global contract catering 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 includes Compass Group PLC, United Enterprises Co. Ltd., Elior Group SA, Aramark Corporation, CH&Co Catering Group Limited, Mitie Group plc., Sodexo S.A., Westbury Street Holdings Limited, and Rhubarb Food Design Limited
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global contract catering market report caters to various stakeholders in this industry including investors, suppliers, contract catering manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the contract catering market
Detailed Segmentation:
Global Contract catering Market, By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Global Contract catering Market, By Region:
North America
U.S.
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Canada
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Europe
U.K.
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Germany
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Italy
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
France
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Russia
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Rest of Europe
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Asia Pacific
China
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
India
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Japan
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
ASEAN
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Australia
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
South Korea
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Rest of Asia Pacific
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Latin America
Brazil
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Argentina
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Mexico
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Rest of Latin America
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Middle East & Africa
Middle East
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Africa
By Sector:
Corporate
Industrial
Hospitality Services
Healthcare
Educational Institutions
Sports & Leisure
Others
Company Profiles
Compass Group PLC *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
United Enterprises Co. Ltd.
Elior Group SA
Aramark Corporation
CH&Co Catering Group Limited
Mitie Group plc.
Sodexo S.A.
Westbury Street Holdings Limited
Rhubarb Food Design Limited
“*” marked represents similar segmentation in other categories in the respective section.