Global Catering Services Market Research Report Information By Type, By Service Type, By End User, By Booking Mode, and By Region Forecast Till 2032

Description

List of Tables

Global Catering Services Market Research Report Information By Type (Contractual and Non-Contractual), By Service Type (On-Site Catering and Off-Site Catering), By End User (In-Flight, Educational Institutions, HoReCa/Hospitality, Healthcare, Special Occasions, Corporate & Industrial Business Canteens, and Others), By Booking Mode (Online and Offline), and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) Forecast Till 2032

Market Overview

In 2023, the catering services market was estimated to be worth USD 217,015.64 million. The catering services market is anticipated to demonstrate a compound annual growth rate (CAGR) of 6.95% from 2024 to 2032, with a total value of USD 395,311.92 million. The catering services are being driven by the increased demand for convenience and ready-to-eat meats, as well as the popularity of destination weddings and themed events, as well as the growth of corporate events and business meetings.

One of the most remarkable trends in the global market for catering services is experiential catering. It suggests that providers are interested in more than just the food they serve to consumers. Rather, it is anticipated that individuals who place culinary orders will have an interactive experience. Frequently, it comprises live culinary stations, such as a pasta or pizza station, where consumers can not only observe the preparation of their orders but also participate in the process. As a result, this activity becomes an exciting component of the event and guarantees that each dish is tailored to the individual's preferred flavor.

Market segment insights

Contractual and Non-Contractual are the two types of market segmentation that cater services fall under.

Based on the sort of service provided, the Catering Services Market segmentation comprises On-Site Catering and Off-Site Catering.

End-user segmentation of the Catering Services Market comprises In-Flight, Educational Institutions, HoReCa/Hospitality, Healthcare, Special Occasions, Corporate & Industrial Business Canteens, and Others.

The catering services market is segmented according to the mode of reserving, which includes both online and offline.

Regional Perspectives

The market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America by region, as per the study. The Asia Pacific Catering Services market is anticipated to register a compound annual growth rate (CAGR) of 7.50% in 2023 and holds the largest market share at 45.48%. Over the forecast period, Asia Pacific is anticipated to experience robust development, which will be fueled by a variety of sectors, including in-flight catering. The inflight catering industry in the Asia-Pacific region is semi-consolidated. The primary vendors in the market are Emirates Flight Catering, Cathay Pacific Catering Services, LSG Sky Chefs, SATS, and Gate Gourmet. These actors are expanding their geographical reach and introducing new menu options, such as vegetarian and gluten-free options. The competition among key actors is fierce, and it motivates action to enhance passenger satisfaction. For instance, prominent airlines like Singapore Airlines and ANA are implementing measures to enhance the dining experience of passengers by providing specialized dietary options. The identical endeavors in the airline sector are fostering a broader inflight trend that is centered around the individual, where travelers are seeking a personalized experience. This trend has the potential to influence the quality of service in the catering sector of the broader commercial aviation industry.

Major Players

Compass Group PLC (UK), Elior Group SA (France), Sodexo SA (France), ISS A/S (Denmark), Newrest Group Services SAS (France), Hutten Catering BV (Netherlands), Cotton Culinary (US), Aramark Corporation (US), Delaware North Companies Inc. (US), and Gategroup (Switzerland) are among the leading companies in the Catering Services market.

Product Code: MRFR/F-B & N/21705-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL CATERING SERVICES MARKET, BY TYPE
- 1.1.2 GLOBAL CATERING SERVICES MARKET, BY SERVICE TYPE
- 1.1.3 GLOBAL CATERING SERVICES MARKET, BY END-USER
- 1.1.4 GLOBAL CATERING SERVICES MARKET, BY BOOKING MODE
- 1.1.5 GLOBAL CATERING SERVICES MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 GROWING DEMAND FOR CONVENIENCE AND READY-TO-EAT MEALS
- 4.2.2 INCREASING CORPORATE EVENTS AND BUSINESS MEETINGS
- 4.2.3 POPULARITY OF DESTINATION WEDDINGS AND THEMED EVENTS
4.3 RESTRAINTS
- 4.3.1 STRINGENT FOOD SAFETY AND HYGIENE REGULATIONS
- 4.3.2 RISING COSTS OF RAW MATERIALS AND INGREDIENTS
4.4 OPPORTUNITY
- 4.4.1 GROWTH IN IN-FLIGHT CATERING SERVICES
- 4.4.2 EXPANSION IN EDUCATIONAL INSTITUTION CATERING
4.5 STRATEGIC INSIGHTS
- 4.5.1 TECHNOLOGY UPDATE
- 4.5.2 REGIONAL MARKETS TO LOOKOUT FOR
4.6 REGULATORY UPDATE
4.7 MARKET TRENDS
4.8 IMPACT ANALYSIS OF COVID-19
- 4.8.1 IMPACT ON OVERALL FOOD & BEVERAGE INDUSTRY
  - 4.8.1.1 ECONOMIC IMPACT
- 4.8.2 IMPACT ON GLOBAL CATERING SERVICES MARKET
- 4.8.3 IMPACT ON THE SUPPLY CHAIN OF CATERING SERVICES
- 4.8.4 IMPACT ON MARKET DEMAND FOR CATERING SERVICES
  - 4.8.4.1 IMPACT OWING TO RESTRICTIONS/LOCKDOWN
  - 4.8.4.2 CONSUMER SENTIMENTS
- 4.8.5 IMPACT ON PRICING OF CATERING SERVICES
4.9 CONSUMER BEHAVIOR ANALYSIS

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 SOURCING AND PROCUREMENT
- 5.1.2 FOOD PREPARATION AND PRODUCTION
- 5.1.3 SERVICE DELIVERY AND CUSTOMER EXPERIENCE
5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 PARTICIPANTS (AT DIFFERENT NODES)
  - 5.2.1.1 SOURCING AND PROCUREMENT
  - 5.2.1.2 LOGISTICS AND DISTRIBUTION
  - 5.2.1.3 OPERATIONAL FLEXIBILITY AND SCALABILITY
  - 5.2.1.4 QUALITY ASSURANCE AND COMPLIANCE
- 5.2.2 INTEGRATION LEVELS
- 5.2.3 KEY ISSUES ADDRESSED (KEY SUCCESS FACTORS)
5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 THREAT OF NEW ENTRANTS
- 5.3.2 BARGAINING POWER OF SUPPLIERS
- 5.3.3 THREAT OF SUBSTITUTES
- 5.3.4 BARGAINING POWER OF BUYERS
- 5.3.5 INTENSITY OF RIVALRY

6 GLOBAL CATERING SERVICES MARKET, BY TYPE

6.1 INTRODUCTION
6.2 CONTRACTUAL
6.3 NON-CONTRACTUAL

7 GLOBAL CATERING SERVICES MARKET, BY SERVICE TYPE

7.1 INTRODUCTION
7.2 ON-SITE CATERING
7.3 OFF-SITE CATERING

8 GLOBAL CATERING SERVICES MARKET, BY END-USER

8.1 INTRODUCTION
8.2 IN-FLIGHT
8.3 EDUCATIONAL INSTITUTIONS
8.4 HORECA/HOSPITALITY
8.5 HEALTHCARE
8.6 SPECIAL OCCASIONS
8.7 CORPORATE & INDUSTRIAL BUSINESS CANTEENS
8.8 OTHERS

9 GLOBAL CATERING SERVICES MARKET, BY BOOKING MODE

9.1 INTRODUCTION
9.2 ONLINE
9.3 OFFLINE

10 GLOBAL CATERING SERVICES MARKET, BY REGION

10.1 OVERVIEW
10.2 NORTH AMERICA
- 10.2.1 US
- 10.2.2 CANADA
- 10.2.3 MEXICO
10.3 EUROPE
- 10.3.1 GERMANY
- 10.3.2 FRANCE
- 10.3.3 SPAIN
- 10.3.4 ITALY
- 10.3.5 UK
- 10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
- 10.4.1 CHINA
- 10.4.2 INDIA
- 10.4.3 JAPAN
- 10.4.4 SOUTH KOREA
- 10.4.5 AUSTRALIA & NEW ZEALAND
- 10.4.6 REST OF ASIA PACIFIC
10.5 MIDDLE EAST AND AFRICA
- 10.5.1 GCC COUNTRIES
- 10.5.2 TURKEY
- 10.5.3 NORTHERN AFRICA
- 10.5.4 SOUTHERN AFRICA
- 10.5.5 REST OF MIDDLE EAST & AFRICA
10.6 SOUTH AMERICA
- 10.6.1 BRAZIL
- 10.6.2 ARGENTINA
- 10.6.3 REST OF SOUTH AMERICA

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE OVERVIEW
11.2 MAJOR PLAYERS IN THE GLOBAL CATERING SERVICES MARKET
11.3 MAJOR PLAYERS IN TERMS OF MARKET DISRUPTORS & INNOVATORS
11.4 COMPETITIVE BENCHMARKING
11.5 STRATEGIES OF MARKET LEADERS IN THE GLOBAL CATERING SERVICES MARKET
11.6 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN GLOBAL CATERING SERVICES MARKET
11.7 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.7.1 CONTRACTS AND AGREEMENTS
- 11.7.2 PRODUCT LAUNCH/PRODUCT DEVELOPMENT
- 11.7.3 EXPANSION/ACQUISITION/PARTNERSHIP

12 COMPANY PROFILES

12.1 COMPASS GROUP PLC
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS/SERVICES OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
12.2 ELIOR GROUP SA
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
12.3 SODEXO SA
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
12.4 ISS A/S
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGIES
12.5 NEWREST GROUP SERVICES SAS
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 SWOT ANALYSIS
- 12.5.6 KEY STRATEGIES
12.6 HUTTEN CATERING BV
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 SWOT ANALYSIS
- 12.6.6 KEY STRATEGIES
12.7 COTTON CULINARY
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS/SERVICES OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 ARAMARK CORPORATION
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
12.9 DELAWARE NORTH COMPANIES INC.
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGIES
12.10 GATEGROUP
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 SWOT ANALYSIS
- 12.10.6 KEY STRATEGIES

13 APPENDIX

13.1 REFERENCES
13.2 DATA CITATIONS