PUBLISHER: TechSci Research | PRODUCT CODE: 1326484
PUBLISHER: TechSci Research | PRODUCT CODE: 1326484
Catering Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Service Type, By End User (Healthcare, Hospitality, Corporates, Education, In-Flight and Others), By Region
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The global catering services market is expected to grow during the forecast period owing to urbanization and changing lifestyles. There has been a change in the demand for catering services in recent years, supported by the quickly developing business-to-business (B2B) events sector and food and beverage services being offered at a growing number of corporate events. Furthermore, the market for catering services is growing because of factors including hectic lifestyles and difficulties associated with cooking at home. Also, hotels and restaurants are coming up with innovative catering services, which are expected to fuel the catering service industry.
The business of catering services involves supplying food services at distant locations or events like weddings, corporate meetings, parties, and conferences, among others. These services are also well-adopted across colleges, schools, and corporate offices through their in-house cooking staff or a third-party source. Contractual catering services have a significant market share for revenue generation in the catering services market.
According to research and database, there are 39,365 caterers currently employed in the United States, among which 57% are women and 43% are men. The average age of the employees is 36 years which will grow in the forecast period and boost the demand for catering services.
Increase in Demand for Healthier Fresh Food Among Consumers is Fueling the Market Growth
The growing preference among customers for fresher, healthier foods is boosting the worldwide catering services market. The catering service operators have shifted their emphasis to providing healthier meals made in-house using fresh ingredients. The market is expanding because of the increased focus on implementing technology to enhance the customer experience and minimize time spent waiting for food. Specialized catering services are increasing in demand as global multinational corporations quickly expand in emerging regions. Due to the worldwide trend of rising health consciousness, catering businesses now provide healthy dining options such as organic meals, a balanced vegan diet, and healthy snacks. The market for catering services is further fueled by the increasing demand for locally produced fresh farm produce, including fruits, vegetables, and meat items.
Demand for International Cuisine Among Urban Population Drives the Market Growth
Because of their exposure to many cultures and lifestyles, consumers worldwide are experimenting with new cuisines, creating a growth opportunity for the global catering industry. Due to the growing popularity of on-the-go foods among their working populations, many industrialized and developing nations are observing an increase in the popularity of mobile food service providers. Moreover, the global catering services industry is being supported by evolving nutritional preferences, changing lifestyles, increased urbanization, and an increase in nuclear families.
Rising Culture of On-Site Catering Driving the Market Growth
On-site catering benefits all big construction companies, corporate offices, hospitals, the educational sector, etc. As more sectors utilize catering to attract employers, the market for catering services is growing. To recruit and keep talent, many companies are promoting their dining services as a benefit by offering something more than just a meal. Companies are increasingly providing customized menus and dining experiences to the staff at discounted rates to raise employee happiness and morale. Such a comprehensive dining experience promotes social eating among staff members and helps them feel a part of the business. This, as a result, is giving rise to many catering companies and boosting the global catering services market.
Market Segmentation
The global catering services market is segmented based on Service type, end user, region, and competitional landscape. Based on the Service type, the market is segmented into contractual and non-contractual. The market analysis also studies the end-user segmentation divided among healthcare, hospitality, industrial, corporates, education, in-flight, and others (holy sites, events, railways, defense, etc.).
Company Profiles
Compass Group plc, Sodexo S.A., Aramark Corporation, ISS Facility Services Inc., AVI Foodsystems, Inc, Jones Lang LaSalle IP, Inc., Mitie Group plc, Cushman & Wakefield plc, DO & CO Aktiengesellschaft, Elior Group S.A., and others are among the major market players in the global catering services market.
Report Scope
In this report, the global catering services market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
Catering Services Market, By Service Type:
- Contractual
- Non-Contractual
- Catering Services Market, By End User:
- Healthcare
- Corporates
- Education
- Hospitality
- In-flight
- Others
Catering Services Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global catering services market.
Available Customizations
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Introduction
- 1.1. Service Overview
- 1.2. Key Highlights of the Report
- 1.3. Market Coverage
- 1.4. Market Segments Covered
- 1.5. Research Tenure Considered
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Market Overview
- 3.2. Market Forecast
- 3.3. Key Regions
- 3.4. Key Segments
4. Voice of Customer Analysis (B2C Model Analysis)
- 4.1. Sample Size Determination
- 4.2. Respondent Demographics
- 4.2.1. By Gender
- 4.2.2. By Age
- 4.2.3. By Occupation
- 4.3. Frequency of Availing Services
- 4.4. Customer Satisfaction
- 4.5. Challenges Faced
5. Global Catering Services Market Outlook
- 5.1. Market Size & Forecast
- 5.1.1. By Value
- 5.2. Market Share & Forecast
- 5.2.1. By Service Type Market Share Analysis (Contractual, Non- Contractual)
- 5.2.2. By End User Market Share Analysis (Healthcare, Corporates, Education, Hospitality, In-flight, Others (Holy Sites, Industries, Events, Railways, Defense, etc.))
- 5.2.3. By Region Market Share Analysis
- 5.2.3.1. North America Market Share Analysis
- 5.2.3.2. South America Market Share Analysis
- 5.2.3.3. Middle East & Africa Market Share Analysis
- 5.2.3.4. Europe Market Share Analysis
- 5.2.3.5. Asia -Pacific Market Share Analysis
- 5.2.4. By Company Market Share Analysis
- 5.3. Global Catering Services Mapping & Opportunity Assessment
- 5.3.1. By Service Type Market Mapping & Opportunity Assessment
- 5.3.2. By End User Market Mapping & Opportunity Assessment
- 5.3.3. By Region Market Mapping & Opportunity Assessment
6. North America Catering Services Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.2. Market Share & Forecast
- 6.2.1. By Service Type Market Share Analysis
- 6.2.2. By End User Market Share Analysis
- 6.2.3. By Country Market Share Analysis
- 6.2.3.1. United States Catering Services Market Outlook
- 6.2.3.1.1. Market Size & Forecast
- 6.2.3.1.1.1. By Value
- 6.2.3.1.2. Market Share & Forecast
- 6.2.3.1.2.1. By Service Type Market Share Analysis
- 6.2.3.1.2.2. By End User Market Share Analysis
- 6.2.3.2. Canada Catering Services Market Outlook
- 6.2.3.2.1. Market Size & Forecast
- 6.2.3.2.1.1. By Value
- 6.2.3.2.2. Market Share & Forecast
- 6.2.3.2.2.1. By Service Type Market Share Analysis
- 6.2.3.2.2.2. By End User Market Share Analysis
- 6.2.3.3. Mexico Catering Services Market Outlook
- 6.2.3.3.1. Market Size & Forecast
- 6.2.3.3.1.1. By Value
- 6.2.3.3.2. Market Share & Forecast
- 6.2.3.3.2.1. By Service Type Market Share Analysis
- 6.2.3.3.2.2. By End User Market Share Analysis
- 6.2.3.1. United States Catering Services Market Outlook
7. Europe Catering Services Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.2. Market Share & Forecast
- 7.2.1. By Service Type Market Share Analysis
- 7.2.2. By End User Market Share Analysis
- 7.2.3. By Country Market Share Analysis
- 7.2.3.1. France Catering Services Market Outlook
- 7.2.3.1.1. Market Size & Forecast
- 7.2.3.1.1.1. By Value
- 7.2.3.1.2. Market Share & Forecast
- 7.2.3.1.2.1. By Service Type Market Share Analysis
- 7.2.3.1.2.2. By End User Market Share Analysis
- 7.2.3.2. Italy Catering Services Market Outlook
- 7.2.3.2.1. Market Size & Forecast
- 7.2.3.2.1.1. By Value
- 7.2.3.2.2. Market Share & Forecast
- 7.2.3.2.2.1. By Service Type Market Share Analysis
- 7.2.3.2.2.2. By End User Market Share Analysis
- 7.2.3.3. Germany Catering Services Market Outlook
- 7.2.3.3.1. Market Size & Forecast
- 7.2.3.3.1.1. By Value
- 7.2.3.3.2. Market Share & Forecast
- 7.2.3.3.2.1. By Service Type Market Share Analysis
- 7.2.3.3.2.2. By End User Market Share Analysis
- 7.2.3.4. Spain Catering Services Market Outlook
- 7.2.3.4.1. Market Size & Forecast
- 7.2.3.4.1.1. By Value
- 7.2.3.4.2. Market Share & Forecast
- 7.2.3.4.2.1. By Service Type Market Share Analysis
- 7.2.3.4.2.2. By End User Market Share Analysis
- 7.2.3.5. United Kingdom Catering Services Market Outlook
- 7.2.3.5.1. Market Size & Forecast
- 7.2.3.5.1.1. By Value
- 7.2.3.5.2. Market Share & Forecast
- 7.2.3.5.2.1. By Service Type Market Share Analysis
- 7.2.3.5.2.2. By End User Market Share Analysis
- 7.2.3.1. France Catering Services Market Outlook
8. Asia-Pacific Catering Services Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value
- 8.2. Market Share & Forecast
- 8.2.1. By Service Type Market Share Analysis
- 8.2.2. By End User Market Share Analysis
- 8.2.3. By Country Market Share Analysis
- 8.2.3.1. China Catering Services Market Outlook
- 8.2.3.1.1. Market Size & Forecast
- 8.2.3.1.1.1. By Value
- 8.2.3.1.2. Market Share & Forecast
- 8.2.3.1.2.1. By Service Type Market Share Analysis
- 8.2.3.1.2.2. By End User Market Share Analysis
- 8.2.3.2. Japan Catering Services Market Outlook
- 8.2.3.2.1. Market Size & Forecast
- 8.2.3.2.1.1. By Value
- 8.2.3.2.2. Market Share & Forecast
- 8.2.3.2.2.1. By Service Type Market Share Analysis
- 8.2.3.2.2.2. By End User Market Share Analysis
- 8.2.3.3. India Catering Services Market Outlook
- 8.2.3.3.1. Market Size & Forecast
- 8.2.3.3.1.1. By Value
- 8.2.3.3.2. Market Share & Forecast
- 8.2.3.3.2.1. By Service Type Market Share Analysis
- 8.2.3.3.2.2. By End User Market Share Analysis
- 8.2.3.4. South Korea Catering Services Market Outlook
- 8.2.3.4.1. Market Size & Forecast
- 8.2.3.4.1.1. By Value
- 8.2.3.4.2. Market Share & Forecast
- 8.2.3.4.2.1. By Service Type Market Share Analysis
- 8.2.3.4.2.2. By End User Market Share Analysis
- 8.2.3.5. Australia Catering Services Market Outlook
- 8.2.3.5.1. Market Size & Forecast
- 8.2.3.5.1.1. By Value
- 8.2.3.5.2. Market Share & Forecast
- 8.2.3.5.2.1. By Service Type Market Share Analysis
- 8.2.3.5.2.2. By End User Market Share Analysis
- 8.2.3.1. China Catering Services Market Outlook
9. Middle East & Africa Catering Services Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value
- 9.2. Market Share & Forecast
- 9.2.1. By Service Type Market Share Analysis
- 9.2.2. By End User Market Share Analysis
- 9.2.3. By Country Market Share Analysis
- 9.2.3.1. South Africa Catering Services Market Outlook
- 9.2.3.1.1. Market Size & Forecast
- 9.2.3.1.1.1. By Value
- 9.2.3.1.2. Market Share & Forecast
- 9.2.3.1.2.1. By Service Type Market Share Analysis
- 9.2.3.1.2.2. By End User Market Share Analysis
- 9.2.3.2. Saudi Arabia Catering Services Market Outlook
- 9.2.3.2.1. Market Size & Forecast
- 9.2.3.2.1.1. By Value
- 9.2.3.2.2. Market Share & Forecast
- 9.2.3.2.2.1. By Service Type Market Share Analysis
- 9.2.3.2.2.2. By End User Market Share Analysis
- 9.2.3.3. UAE Catering Services Market Outlook
- 9.2.3.3.1. Market Size & Forecast
- 9.2.3.3.1.1. By Value
- 9.2.3.3.2. Market Share & Forecast
- 9.2.3.3.2.1. By Service Type Market Share Analysis
- 9.2.3.3.2.2. By End User Market Share Analysis
- 9.2.3.4. Turkey Catering Services Market Outlook
- 9.2.3.4.1. Market Size & Forecast
- 9.2.3.4.1.1. By Value
- 9.2.3.4.2. Market Share & Forecast
- 9.2.3.4.2.1. By Service Type Market Share Analysis
- 9.2.3.4.2.2. By End User Market Share Analysis
- 9.2.3.1. South Africa Catering Services Market Outlook
10. South America Catering Services Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value
- 10.2. Market Share & Forecast
- 10.2.1. By Service Type Market Share Analysis
- 10.2.2. By End User Market Share Analysis
- 10.2.3. By Country Market Share Analysis
- 10.2.3.1. Brazil Catering Services Market Outlook
- 10.2.3.1.1. Market Size & Forecast
- 10.2.3.1.1.1. By Value
- 10.2.3.1.2. Market Share & Forecast
- 10.2.3.1.2.1. By Service Type Market Share Analysis
- 10.2.3.1.2.2. By End User Market Share Analysis
- 10.2.3.2. Colombia Catering Services Market Outlook
- 10.2.3.2.1. Market Size & Forecast
- 10.2.3.2.1.1. By Value
- 10.2.3.2.2. Market Share & Forecast
- 10.2.3.2.2.1. By Service Type Market Share Analysis
- 10.2.3.2.2.2. By End User Market Share Analysis
- 10.2.3.3. Argentina Catering Services Market Outlook
- 10.2.3.3.1. Market Size & Forecast
- 10.2.3.3.1.1. By Value
- 10.2.3.3.2. Market Share & Forecast
- 10.2.3.3.2.1. By Service Type Market Share Analysis
- 10.2.3.3.2.2. By End User Market Share Analysis
- 10.2.3.1. Brazil Catering Services Market Outlook
11. Market Dynamics
- 11.1. Drivers
- 11.1.1. Rising shift towards Healthy Meal
- 11.1.2. Demand for Fresh Cooked Meal
- 11.2. Challenges
- 11.2.1. Waste Management Issue
- 11.2.2. Budget Constraints
12. Impact of COVID-19 on Global Catering Services Market
- 12.1. Impact Assessment Model
- 12.1.1. Key Segments Impacted
- 12.1.2. Key Regions Impacted
- 12.1.3. Key Countries Impacted
- 12.1.4. Key Distribution Channel Impacted
13. Market Trends & Developments
- 13.1. Surging Customized Meal Demand
- 13.2. Increasing Number of Market Players
- 13.3. Rising demand for On-Site Catering
- 13.4. Demand from Corporate Sector
14. Porter's Five Forces Model
- 14.1. Competitive Rivalry
- 14.2. Bargaining Power of Buyers
- 14.3. Bargaining Power of Suppliers
- 14.4. Threat of New Entrants
- 14.5. Threat of Substitutes
15. SWOT Analysis
- 15.1. Strength
- 15.2. Weakness
- 15.3. Opportunities
- 15.4. Threats
16. Competitive Landscape
- 16.1. Company Profiles
- 16.1.1. Compass Group plc
- 16.1.1.1. Company Details
- 16.1.1.2. Services
- 16.1.1.3. Financials (As Reported)
- 16.1.1.4. Key Market Focus & Geographical Presence
- 16.1.1.5. Recent Developments
- 16.1.1.6. Key Management Personnel
- 16.1.2. Sodexo S.A.
- 16.1.2.1. Company Details
- 16.1.2.2. Services
- 16.1.2.3. Financials (As Reported)
- 16.1.2.4. Key Market Focus & Geographical Presence
- 16.1.2.5. Recent Developments
- 16.1.2.6. Key Management Personnel
- 16.1.3. Aramark Corporation
- 16.1.3.1. Company Details
- 16.1.3.2. Services
- 16.1.3.3. Financials (As Reported)
- 16.1.3.4. Key Market Focus & Geographical Presence
- 16.1.3.5. Recent Developments
- 16.1.3.6. Key Management Personnel
- 16.1.4. ISS Facility Services Inc.
- 16.1.4.1. Company Details
- 16.1.4.2. Services
- 16.1.4.3. Financials (As Reported)
- 16.1.4.4. Key Market Focus & Geographical Presence
- 16.1.4.5. Recent Developments
- 16.1.4.6. Key Management Personnel
- 16.1.5. AVI Foodsystems, Inc
- 16.1.5.1. Company Details
- 16.1.5.2. Services
- 16.1.5.3. Financials (As Reported)
- 16.1.5.4. Key Market Focus & Geographical Presence
- 16.1.5.5. Recent Developments
- 16.1.5.6. Key Management Personnel
- 16.1.6. Jones Lang LaSalle IP, Inc.
- 16.1.6.1. Company Details
- 16.1.6.2. Services
- 16.1.6.3. Financials (As Reported)
- 16.1.6.4. Key Market Focus & Geographical Presence
- 16.1.6.5. Recent Developments
- 16.1.6.6. Key Management Personnel
- 16.1.7. Mitie Group plc
- 16.1.7.1. Company Details
- 16.1.7.2. Services
- 16.1.7.3. Financials (As Reported)
- 16.1.7.4. Key Market Focus & Geographical Presence
- 16.1.7.5. Recent Developments
- 16.1.7.6. Key Management Personnel
- 16.1.8. Cushman & Wakefield plc
- 16.1.8.1. Company Details
- 16.1.8.2. Services
- 16.1.8.3. Financials (As Reported)
- 16.1.8.4. Key Market Focus & Geographical Presence
- 16.1.8.5. Recent Developments
- 16.1.8.6. Key Management Personnel
- 16.1.9. DO & CO Aktiengesellschaft
- 16.1.9.1. Company Details
- 16.1.9.2. Services
- 16.1.9.3. Financials (As Reported)
- 16.1.9.4. Key Market Focus & Geographical Presence
- 16.1.9.5. Recent Developments
- 16.1.9.6. Key Management Personnel
- 16.1.10. Elior Group S.A.
- 16.1.10.1. Company Details
- 16.1.10.2. Services
- 16.1.10.3. Financials (As Reported)
- 16.1.10.4. Key Market Focus & Geographical Presence
- 16.1.10.5. Recent Developments
- 16.1.10.6. Key Management Personnel
- 16.1.1. Compass Group plc
17. Strategic Recommendations/Action Plan
- 17.1. Key Focus Areas
- 17.2. Target Service Type
- 17.3. Target End User
18. About Us & Disclaimer
(Note: The companies list can be customized based on the client requirements.)
