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Catering and Food Service Contractor Market

Catering and Food Service Contractor Market - By Product Type (Caterers, Food Service Contractors) By Application (Commercial Organization, Educational Institutions, Medical Institutions and Other Applications) By Region (North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa) – Global Market Size, Share, Trends, Industry Analysis, Growth and Forecast period 2026

  • ID : 87154318  |  
  • Published : Jun-2019  |  
  • Region : Global  |  
  • Pages : 150   |  
  • Publisher : Research Cosmos

Catering and Food Service Contractor Market Size

According to recent market research report, the catering and food service contractor market was valued at USD 355.2 Billion in 2017, and is projected to increase to USD 599.9 Billion by 2026, witnessing a CAGR of 6.25% during the forecast period. Restoration is an essential part of the sector, especially for network operators that provide services over long distances. The design and planning of meals are important processes in food services.

Growth Opportunities, Challenges and Restraints of Catering and Food Service Contractor Market

According to the International Air Transport Association (IATA), restoration planning and restoration activities are important areas of activity for food services. The growth of the tourism industry is one of the main drivers of growth in the catering and food service contractor market. According to Our World in Data, the number of international tourist arrivals in regions such as Europe, America, the Asia-Pacific region, Africa and the Middle East reached 1.24 billion in 2016.

In addition, the growing preference for mini buffets is also expected to drive growth in the catering and food service contractor market. Mini meals are convenient and packaged in disposable trays, which are then deposited in the desired places. These meals are clearly preferred for smaller meetings or where space limitations exist. In addition, the hassle-free configuration of mini-buffets has led to their increasing adoption compared to their counterparts in normal buffets.

However, the growing number of online food delivery services is an important factor that slows growth in the market for catering and food service contractor market. Electronic catering services facilitate and facilitate the order process, maintain the transparency of costs, including prices and other taxes to bill, and monitor expenses in real time. These services allow customers to place orders through a mobile application and explore various energy options without the intervention of contractors. Among the main competitors of the suppliers of online food services are Food Matters, Zomato, Swiggy, UberEats, Foodpanda, Deliveroo, etc.

Geographical Insights of Catering and Food Service Contractor Market

It is expected that Europe will have a significant market share during the forecast period in the world market. The growth of the market in the region is attributed to the growing number of mergers and acquisitions in the region. For example, in 2017, CH & Co and Harbor & Jones merged, generating USD 299.46 million in revenue. The merger of the two companies was aimed at providing catering services in British and Irish territory. Previously, in 2015, Harbor & Jones acquired PCC Ltd and its two brands, Fare of London and Principals Catering. The transaction generated a turnover of more than 55.48 million dollars. As a result, the intensification of M & A activity in Europe should stimulate market growth in terms of turnover.

The Asia-Pacific region is expected to represent a significant market share during the projected period in the catering and food service contractor market. This is mainly attributed to strict regulations in the region that encourage people to eat healthy. For example, in April 2017, the government of Singapore adopted a healthier restoration policy for the entire government (WOG). The policy was introduced to encourage a healthier diet at home, at work and in the communities of Singapore. According to the policy, Singapore's government entities will receive healthy food and beverages at receptions, conferences, trainings and meetings organized by the government.

Some of the promising companies leading the Catering and Food Service Contractor Market:

  • Compass Group Plc.
  • Sodexo
  • Aramark Corporation
  • Elior Group
  • Delaware North
  • Westbury Street Holdings
  • Ovations Food Services
  • Thompson Hospitality
  • Dine Contract Catering
  • Olive Catering Services

This research report includes following segmentation for the Catering and Food Service Contractor Market size and forecast 2026

Catering and Food Service Contractor Market - By Product Type

  • Caterers
  • Food Service Contractors

Catering and Food Service Contractor Market - By Application

  • Commercial Organization
  • Educational Institutions
  • Medical Institutions and Other Applications

Catering and Food Service Contractor Market- By Region

  • North America                                                

    • United States                               
    • Canada                                         

  • Europe                                                                                  

    • United Kingdom                                           
    • Germany                                      
    • France                                          
    • Italy                               
    • Spain                                             

  • Asia-Pacific                                                     

    • China                                            
    • India                                             
    • Japan                                            
    • South Korea                                 

  • Latin America                                                                             

    • Brazil                                            
    • Argentina                                     
    • Mexico                                          

  • Middle-East & Africa                                                      

    • Middle-East
    • Africa

  1. Introduction                                                                       
  2. Research Methodology                                                                     

    1. Analysis Design                                               
    2. Research Phases                                                             

      1. Secondary Research                                     
      2. Primary Research                                        
      3. Expert Validation                                         

    3. Study Timeline                                                

  3. Overview                                                                            

    1. Executive Summary                                                        
    2. Key Inferences                                                
    3. New Developments                                                        

  4. Drivers, Restraints, Opportunities, And Challenges Analysis (DROC)                                                              

    1. Catering and Food Service Contractor Market Drivers                                                
    2. Catering and Food Service Contractor Market Restraints                                                            
    3. Key Challenges                                                
    4. Current Opportunities in the Catering and Food Service Contractor Market                                                              

  5. Catering and Food Service Contractor Market Segmentation                                                                

    1. By Product Type

      1. Caterers
      2. Food Service Contractors
      3. Catering and Food Service Contractor Market Estimates & Forecasts, By Function, 2026       
      4. Year on Year Growth Rates, By Type, 2026       
      5. Catering and Food Service Contractor Market Attractiveness Index, By Function, 2026

    2. By Application

      1. Commercial Organization
      2. Educational Institutions
      3. Medical Institutions
      4. Other Applications
      5. Catering and Food Service Contractor Market Estimates & Forecasts, By Function, 2026       
      6. Year on Year Growth Rates, By Type, 2026       
      7. Catering and Food Service Contractor Market Attractiveness Index, By Function, 2026

  6. Geographical Analysis

    1. North America Catering and Food Service Contractor Market

      1. Introduction                                
      2. United States Catering and Food Service Contractor Market                               
      3. Canada Catering and Food Service Contractor Market

    2. Europe Catering and Food Service Contractor Market

      1. Introduction                                
      2. United Kingdom Catering and Food Service Contractor Market                                           
      3. Germany Catering and Food Service Contractor Market                                     
      4. France Catering and Food Service Contractor Market                                         
      5. Italy Catering and Food Service Contractor Market                              
      6. Spain Catering and Food Service Contractor Market

    3. Asia-Pacific Catering and Food Service Contractor Market

      1. Introduction                                
      2. China Catering and Food Service Contractor Market                                          
      3. India Catering and Food Service Contractor Market                                           
      4. Japan Catering and Food Service Contractor Market                                          
      5. South Korea Catering and Food Service Contractor Market
      6. Rest of Asia Pacific Catering and Food Service Contractor Market

    4. Rest of The World

      1. Brazil Catering and Food Service Contractor Market
      2. South Africa Catering and Food Service Contractor Market
      3. Saudi Arabia Catering and Food Service Contractor Market
      4. United Arab Emirates Catering and Food Service Contractor Market
      5. Others Catering and Food Service Contractor Market

  7. Strategic Analysis                                                              

    1. Pestle Analysis                                               

      1. Political                                        
      2. Economic                                      
      3. Social                                           
      4. Technological                               
      5. Legal                                            
      6. Environmental                                             

    2. Porter’s Five Analysis                                                       

      1. Bargaining Power of Suppliers                                    
      2. Bargaining Power of Consumers                                 
      3. Threat of New Entrants                               
      4. Threat of Substitute Products and Services                                
      5. Competitive Rivalry Within the Industry            

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users      

  8. Catering and Food Service Contractor Market Leaders Analysis                                                                  

    1. Compass Group Plc

      1. Overview                                      
      2. Product Analysis                                          
      3. Strategic Evaluation and Operations                                           
      4. Financial Analysis                                         
      5. Legal Issues                                  
      6. Recent Developments                                 
      7. Swot Analysis                                             
      8. Analyst View

    2. Compass Group Plc.
    3. Sodexo
    4. Aramark Corporation
    5. Elior Group
    6. Delaware North
    7. Westbury Street Holdings
    8. Ovations Food Services
    9. Thompson Hospitality
    10. Dine Contract Catering
    11. Olive Catering Services

  9. Competitive Landscape                                                                     

    1. Catering and Food Service Contractor Market Share Analysis                                                    
    2. Merger and Acquisition Analysis                                                    
    3. Agreements, Collaborations and Joint Ventures                                                            
    4. New Product Launches                                                    

  10. Expert Opinions                                                               

    1. Catering and Food Service Contractor Market Outlook                                                             
    2. Investment Opportunities                                                            

  11. Appendix                                                               

    1. List of Tables                                                     
    2. List of Figures                         

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