Product Code: A06609
According to a new report published by Allied Market Research, titled, "Catering And Food Service Contract Market," The catering and food service contract market was valued at $251.1 billion in 2021, and is estimated to reach $477.3 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.
Improvement in living standard of people, catering and food and service contract market has grown at a significant rate. Young generations are more willing to pay for the high quality and experiences. Moreover, after COVID-19 pandemic, catering and food service contract market continued to develop the possibility of increasing the efficiency of the market participants, as per macroeconomic indicators showing economic growth, unemployment, and the demographic situation. A major element that shows the increased in catering and food service contract market is the systematically growth in revenue. The revenue of catering and food and service establishments is generated mainly by own food production, followed by alcohol and tobacco sales.
Moreover, with increase in use of contract catering and food services among the working-class people, technological advancement in delivering contract catering services and fulfilling the expectations of the clients by providing customized and nutritious food boosts the growth of the market. According to European Commission JRC (Joint Research Center) Technical report, Europe is expected to hold significant share in the global catering and food service contractor market during the forecast period.
Market growth in the region is attributed to the increase in number of merger and acquisition activities in the region. For instance, in 2017, CH&Co Group and Harbour & Jones merged, which brought a turnover of US$ 299.46 million. The merger of both companies was aimed to offer catering services across the UK and Ireland. Prior to this, Harbour & Jones acquired PCC Ltd along with its two brands namely Fare of London and Principals Catering. The deal made a turnover of over US$ 55.48 million. Therefore, increasing M&A activities in Europe is expected to boost market growth in terms of revenue.
Catering is the business of providing food service at various locations. The growth in business is influenced by several factors, such as a change in the lifestyle of city dwellers. Moreover, corporate culture that holds several meetings, conferences, business lunch and dinner parties are dependent upon the catering and food service contract industry services. The trend might not be that new for the developed countries, but the countries that have recently discovered the corporate culture help the industry to attain popularity.
Furthermore, catering and food services contract businesses add more services such as birthday parties, wedding receptions and others. Companies with greater reliance on the service part of their business focus on a better return on sales that can improve their value. Based on high-quality products, companies invest more in service differentiation to achieve competitive advantages. Moreover, the increase in popularity of online contract catering and food service is one of the major factors driving the growth of the contract catering and food service market.
The catering and food service contract market is segmented into ownership, application, and region. On the basis of ownership, the market is divided into standalone and chain. On the basis of application, it is classified into a corporate, educational institution, healthcare, industrial, hospitality services, sports and leisure, and others. On the basis of region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
The players in the catering and food service contract market have adopted acquisition and product launch as their key development strategies to increase profitability and improve their position in the market. The key players profiled in the catering and food service contract market include The RK Group, Gulf Catering Company, Delaware North Companies, Inc., Comprehensive Support Services PTE., Ltd., Australian Camp Services, Of Food Catering, Conntrak Catering Service., National Catering Services & Foodstuff, NCC Group, Compass Group PLC., Sodexo, Elior Group, Aramark, ISS A/S, Thompson Hospitality Corporation, NTUC Foodfare Co-operative Limited, SATS Ltd., Catering Solutions Pte. Ltd., Neo Group Limited, Algosaibi Services Company, Ltd., Cater Care Holdings Pty., Ltd., Catering HQ, Gnocci Holdings Pty. Ltd., WSH Investments Limited., Fusion Foods & Catering Pvt. Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the catering and food service contract market analysis from 2022 to 2032 to identify the prevailing catering and food service contract market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the catering and food service contract market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global catering and food service contract market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- End user preferences and pain points
- Senario Analysis & Growth Trend Comparision
- Supply Chain Analysis & Vendor Margins
- Consumer Preference and Product Specifications
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
Key Market Segments
By Ownership
By Application
- Healthcare
- Corporate
- Educational Institutions
- Industrial
- Hospitality Services
- Sports and Leisure
- Others
By Region
- North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Malaysia
- Indonesia
- Singapore
- Vietnam
- Mayanmar
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- UAE
- Saudi Arabia
- Argentina
- Rest of LAMEA
Key Market Players:
- Comprehensive Support Services PTE., Ltd.
- Conntrak Catering Services.
- Fusion Foods & Catering Pvt. Ltd.
- ISS A/S
- SATS Ltd.
- National Catering Services & Foodstuff
- Sodexo
- Gulf Catering Company
- Neo Group Limited
- Cater Care Holdings Pty., Ltd.
- Australian Camp Services
- Elior Group SA
- Catering HQ Pty Ltd.
- Catering Solutions Pte. Ltd.
- Algosaibi Services Company, Ltd.
- Thompson Hospitality Corporation
- WSH Investments Limited.
- Compass Group PLC
- Delaware North Companies, Inc.
- NTUC Foodfare Co-operative Limited
- Aramark
- Gnocci Holdings Pty. Ltd.
- Of Food Catering
- The RK Group
- National Catering Company Limited WLL
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Rise corporate and travel sector
- 3.4.1.2. Technological advancement
- 3.4.2. Restraints
- 3.4.2.1. Increase in competition
- 3.4.3. Opportunities
- 3.4.3.1. Surge in events and occasions
- 3.4.3.2. Rise in consumer living standard
CHAPTER 4: CATERING AND FOOD SERVICE CONTRACT MARKET, BY OWNERSHIP
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Standalone
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Chain
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: CATERING AND FOOD SERVICE CONTRACT MARKET, BY APPLICATION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Corporate
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Educational Institutions
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Healthcare
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Industrial
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Hospitality Services
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
- 5.7. Sports and Leisure
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country
- 5.8. Others
- 5.8.1. Key market trends, growth factors and opportunities
- 5.8.2. Market size and forecast, by region
- 5.8.3. Market share analysis by country
CHAPTER 6: CATERING AND FOOD SERVICE CONTRACT MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Ownership
- 6.2.3. Market size and forecast, by Application
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Market size and forecast, by Ownership
- 6.2.4.1.2. Market size and forecast, by Application
- 6.2.4.2. Canada
- 6.2.4.2.1. Market size and forecast, by Ownership
- 6.2.4.2.2. Market size and forecast, by Application
- 6.2.4.3. Mexico
- 6.2.4.3.1. Market size and forecast, by Ownership
- 6.2.4.3.2. Market size and forecast, by Application
- 6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Ownership
- 6.3.3. Market size and forecast, by Application
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. Germany
- 6.3.4.1.1. Market size and forecast, by Ownership
- 6.3.4.1.2. Market size and forecast, by Application
- 6.3.4.2. France
- 6.3.4.2.1. Market size and forecast, by Ownership
- 6.3.4.2.2. Market size and forecast, by Application
- 6.3.4.3. Italy
- 6.3.4.3.1. Market size and forecast, by Ownership
- 6.3.4.3.2. Market size and forecast, by Application
- 6.3.4.4. Spain
- 6.3.4.4.1. Market size and forecast, by Ownership
- 6.3.4.4.2. Market size and forecast, by Application
- 6.3.4.5. UK
- 6.3.4.5.1. Market size and forecast, by Ownership
- 6.3.4.5.2. Market size and forecast, by Application
- 6.3.4.6. Russia
- 6.3.4.6.1. Market size and forecast, by Ownership
- 6.3.4.6.2. Market size and forecast, by Application
- 6.3.4.7. Rest of Europe
- 6.3.4.7.1. Market size and forecast, by Ownership
- 6.3.4.7.2. Market size and forecast, by Application
- 6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Ownership
- 6.4.3. Market size and forecast, by Application
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. China
- 6.4.4.1.1. Market size and forecast, by Ownership
- 6.4.4.1.2. Market size and forecast, by Application
- 6.4.4.2. Japan
- 6.4.4.2.1. Market size and forecast, by Ownership
- 6.4.4.2.2. Market size and forecast, by Application
- 6.4.4.3. India
- 6.4.4.3.1. Market size and forecast, by Ownership
- 6.4.4.3.2. Market size and forecast, by Application
- 6.4.4.4. Australia
- 6.4.4.4.1. Market size and forecast, by Ownership
- 6.4.4.4.2. Market size and forecast, by Application
- 6.4.4.5. South Korea
- 6.4.4.5.1. Market size and forecast, by Ownership
- 6.4.4.5.2. Market size and forecast, by Application
- 6.4.4.6. Thailand
- 6.4.4.6.1. Market size and forecast, by Ownership
- 6.4.4.6.2. Market size and forecast, by Application
- 6.4.4.7. Malaysia
- 6.4.4.7.1. Market size and forecast, by Ownership
- 6.4.4.7.2. Market size and forecast, by Application
- 6.4.4.8. Indonesia
- 6.4.4.8.1. Market size and forecast, by Ownership
- 6.4.4.8.2. Market size and forecast, by Application
- 6.4.4.9. Singapore
- 6.4.4.9.1. Market size and forecast, by Ownership
- 6.4.4.9.2. Market size and forecast, by Application
- 6.4.4.10. Vietnam
- 6.4.4.10.1. Market size and forecast, by Ownership
- 6.4.4.10.2. Market size and forecast, by Application
- 6.4.4.11. Mayanmar
- 6.4.4.11.1. Market size and forecast, by Ownership
- 6.4.4.11.2. Market size and forecast, by Application
- 6.4.4.12. Rest of Asia-Pacific
- 6.4.4.12.1. Market size and forecast, by Ownership
- 6.4.4.12.2. Market size and forecast, by Application
- 6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Ownership
- 6.5.3. Market size and forecast, by Application
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Brazil
- 6.5.4.1.1. Market size and forecast, by Ownership
- 6.5.4.1.2. Market size and forecast, by Application
- 6.5.4.2. South Africa
- 6.5.4.2.1. Market size and forecast, by Ownership
- 6.5.4.2.2. Market size and forecast, by Application
- 6.5.4.3. UAE
- 6.5.4.3.1. Market size and forecast, by Ownership
- 6.5.4.3.2. Market size and forecast, by Application
- 6.5.4.4. Saudi Arabia
- 6.5.4.4.1. Market size and forecast, by Ownership
- 6.5.4.4.2. Market size and forecast, by Application
- 6.5.4.5. Argentina
- 6.5.4.5.1. Market size and forecast, by Ownership
- 6.5.4.5.2. Market size and forecast, by Application
- 6.5.4.6. Rest of LAMEA
- 6.5.4.6.1. Market size and forecast, by Ownership
- 6.5.4.6.2. Market size and forecast, by Application
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product mapping of top 10 player
- 7.4. Competitive dashboard
- 7.5. Competitive heatmap
- 7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
- 8.1. Algosaibi Services Company, Ltd.
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.2. Aramark
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
- 8.3. Australian Camp Services
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.4. Cater Care Holdings Pty., Ltd.
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.5. Catering HQ Pty Ltd.
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.6. Catering Solutions Pte. Ltd.
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.7. Compass Group PLC
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.7.7. Key strategic moves and developments
- 8.8. Comprehensive Support Services PTE., Ltd.
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.9. Conntrak Catering Services.
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Key strategic moves and developments
- 8.10. Delaware North Companies, Inc.
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Key strategic moves and developments
- 8.11. Elior Group SA
- 8.11.1. Company overview
- 8.11.2. Key executives
- 8.11.3. Company snapshot
- 8.11.4. Operating business segments
- 8.11.5. Product portfolio
- 8.11.6. Business performance
- 8.12. Fusion Foods & Catering Pvt. Ltd.
- 8.12.1. Company overview
- 8.12.2. Key executives
- 8.12.3. Company snapshot
- 8.12.4. Operating business segments
- 8.12.5. Product portfolio
- 8.13. Gnocci Holdings Pty. Ltd.
- 8.13.1. Company overview
- 8.13.2. Key executives
- 8.13.3. Company snapshot
- 8.13.4. Operating business segments
- 8.13.5. Product portfolio
- 8.14. Gulf Catering Company
- 8.14.1. Company overview
- 8.14.2. Key executives
- 8.14.3. Company snapshot
- 8.14.4. Operating business segments
- 8.14.5. Product portfolio
- 8.15. ISS A/S
- 8.15.1. Company overview
- 8.15.2. Key executives
- 8.15.3. Company snapshot
- 8.15.4. Operating business segments
- 8.15.5. Product portfolio
- 8.15.6. Business performance
- 8.16. National Catering Services & Foodstuff
- 8.16.1. Company overview
- 8.16.2. Key executives
- 8.16.3. Company snapshot
- 8.16.4. Operating business segments
- 8.16.5. Product portfolio
- 8.17. Neo Group Limited
- 8.17.1. Company overview
- 8.17.2. Key executives
- 8.17.3. Company snapshot
- 8.17.4. Operating business segments
- 8.17.5. Product portfolio
- 8.17.6. Business performance
- 8.18. NTUC Foodfare Co-operative Limited
- 8.18.1. Company overview
- 8.18.2. Key executives
- 8.18.3. Company snapshot
- 8.18.4. Operating business segments
- 8.18.5. Product portfolio
- 8.19. Of Food Catering
- 8.19.1. Company overview
- 8.19.2. Key executives
- 8.19.3. Company snapshot
- 8.19.4. Operating business segments
- 8.19.5. Product portfolio
- 8.20. SATS Ltd.
- 8.20.1. Company overview
- 8.20.2. Key executives
- 8.20.3. Company snapshot
- 8.20.4. Operating business segments
- 8.20.5. Product portfolio
- 8.20.6. Business performance
- 8.20.7. Key strategic moves and developments
- 8.21. Sodexo
- 8.21.1. Company overview
- 8.21.2. Key executives
- 8.21.3. Company snapshot
- 8.21.4. Operating business segments
- 8.21.5. Product portfolio
- 8.21.6. Business performance
- 8.21.7. Key strategic moves and developments
- 8.22. The RK Group
- 8.22.1. Company overview
- 8.22.2. Key executives
- 8.22.3. Company snapshot
- 8.22.4. Operating business segments
- 8.22.5. Product portfolio
- 8.23. Thompson Hospitality Corporation
- 8.23.1. Company overview
- 8.23.2. Key executives
- 8.23.3. Company snapshot
- 8.23.4. Operating business segments
- 8.23.5. Product portfolio
- 8.24. WSH Investments Limited.
- 8.24.1. Company overview
- 8.24.2. Key executives
- 8.24.3. Company snapshot
- 8.24.4. Operating business segments
- 8.24.5. Product portfolio
- 8.24.6. Business performance
- 8.25. National Catering Company Limited WLL
- 8.25.1. Company overview
- 8.25.2. Key executives
- 8.25.3. Company snapshot
- 8.25.4. Operating business segments
- 8.25.5. Product portfolio