According to HTF MI, “Global Contract Catering Service Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030”. The Global Contract Catering Service Market is anticipated to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030, reaching USD 246 Billion in 2024 and USD 331.2 Billion by 2030.
The Contract Catering Service Market refers to the industry segment that provides food and beverage services on a contractual basis to various institutions, organizations, businesses, and events. In this market, professional catering companies are contracted to prepare, deliver, and serve food to clients based on specific agreements and requirements.
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Key and developing players who have been highlighted as part of the coverage include Compass Group (United States), Aramark (United States), Sodexo (United States), The Compass Group (United Kingdom), Delaware North (United States), Elior Group (France), Fazer Food Services (Finland), Blue Apple Catering (United Kingdom), Interserve (United Kingdom), Dine Contract Catering (United Kingdom), OCS Group Ltd. (United Kingdom), Camst Group (Italy). Additionally, other players that are part of this detailed analysis are Amadeus (England), CH&CO Catering (England), Caterleisure Ltd. (United Kingdom).
Contract Catering Service
Market Drivers
- Increase in the number of sporting events taking place around the globe
- Increasing demand from the healthcare sector
- Growing number of educational institutes seeking these catering services for their students
Market Trend
- The growing number of catering service providers have included fast food in their catering menus.
Market Opportunities
- Increasing demand from the government for military purposes
Market Restraints
- Rise in the cost of raw materials
Market Challenges
- Seasonal consumer demand for different products and changing consumer trends result in the fluctuating price of seasonal product
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Key Market Segmentation:
The report has categorized the Contract Catering Service market based on type, distribution channel, and region.
Market Breakdown by Applications:
- On-Premise, Off-Premise
Market Breakdown by Types:
- Healthcare Industry, Education Industry, Sports Industry, Others
Report Scope
The Market size value in 2024 (USD 246 Billion)
Revenue Forecast by 2033 (USD 331.2 Billion)
Growth Rate CAGR Of (4.9%)
Historical Years (2019-2023)
Base Year (2023)
Estimated Year (2024)
Short-Term Projection Year (2030)
Regions Covered (North America, Europe, the Middle East and Africa, Latin America, and the rest of the world)
Note: With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.
Competitive Landscape:
Along with studying the profiles of the key players, the industry’s competitive environment has also been examined. Players profiled are Compass Group (United States), Aramark (United States), Sodexo (United States), The Compass Group (United Kingdom), Delaware North (United States), Elior Group (France), Fazer Food Services (Finland), Blue Apple Catering (United Kingdom), Interserve (United Kingdom), Dine Contract Catering (United Kingdom), OCS Group Ltd. (United Kingdom), Camst Group (Italy). Additionally, other players that are part of this detailed analysis are Amadeus (England), CH&CO Catering (England), Caterleisure Ltd. (United Kingdom)
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Key highlights of the report:
- Contract Catering Service Market Performance (2019-2023)
- Contract Catering Service Market Outlook (2024-2030)
- Contract Catering Service Market Trends
- Contract Catering Service Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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