Catering Services

Catering Services

Brief Excerpt from Industry Overview Chapter:

Companies in this industry provide single-event food services at customer-owned and company-owned facilities. Catering companies typically operate as local businesses; major US-based companies include Abigail Kirsch (New York), Behind the Scenes Catering (San Diego), Blue Plate Chicago (Chicago), and Legendary Events (Atlanta).

COMPETITIVE LANDSCAPE

Corporate profits and consumer income are the main drivers of demand for catering services. The profitability of individual companies depends on cost controls and effective marketing. Large companies have advantages in offering expanded services such as facilities management, room rental, and entertainment. Small companies can compete effectively by serving small groups and offering personalized service. The industry is highly fragmented: the top 50 US companies account for less than 15% of industry revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major services include meals, snacks, other food items, and beverages, which account for about 95% of the industry revenue. Other services include the serving of alcoholic beverages as well as prepared and served meals.