Global Catering Services Market Growth (Status and Outlook) 2023-2029

Global Catering Services Market Growth (Status and Outlook) 2023-2029

Catering is a business that provides food service to an event or location. Catering services are often sold on a per-person basis. A catering proposal will usually include rental arrival time, staff arrival time, bar open and close time, meal time and rental pick up. There are many factors that can affect the price of catering such as menu choices, furniture or supply rentals, labor and service charges. There are many types of food catering services included in the market, including mobile catering, airline catering, and event catering.

LPI (LP Information)' newest research report, the “Catering Services Industry Forecast” looks at past sales and reviews total world Catering Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Catering Services sales for 2023 through 2029. With Catering Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Catering Services industry.

This Insight Report provides a comprehensive analysis of the global Catering Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Catering Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Catering Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Catering Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Catering Services.

The global Catering Services market size is projected to grow from US$ 112550 million in 2022 to US$ 158800 million in 2029; it is expected to grow at a CAGR of 5.0% from 2023 to 2029.

Major drivers of the global in-flight catering services market include the rising expectations of all the passengers irrespective of class of seating to want to have healthy nutritious food and growing number of flyers. In addition to that economy class passengers are now demanding to have high quality food, which is boosting in-flight catering services market.

This report presents a comprehensive overview, market shares, and growth opportunities of Catering Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
In-Flight Food Services
In-Flight Beverage Services

Segmentation by application
Economy Class
Business Class
First Class
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Do & Co
Emirates Flight Catering
gategroup
LSG Lufthansa Service Holding
Newrest
SATS

Please note: The report will take approximately 2 business days to prepare and deliver.