In 2021, the global market size of catering services and food contractors was ****** billion U.S. dollars. This figure was expected to increase to ****** billion U.S. dollars in 2022. By 2026, the market is forecast to reach ****** billion at a compound annual growth rate (CAGR) of *** percent.
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The catering industry has experienced robust growth over the past five years, with revenue expanding at a CAGR of 11.4%. Industry revenue has reached approximately $14.4 billion, reflecting a strong rebound from pandemic-era disruptions and a sustained appetite for events, both social and corporate, across the US. This recent period of growth was boosted by increased consumer spending, rising disposable income and an expanding menu of service offerings, including innovative digital solutions and specialized event packages. As businesses brought employees back to physical offices and individuals resumed social gatherings, demand for catering surged, boosting order volumes and event sizes. Profit margin in the industry has remained relatively stable, underpinned by cost management strategies and favorable market conditions. In particular, stabilizing and, in some cases, declining food and ingredient costs have enabled catering companies to minimize volatility in input expenses, aiding in more reliable profit forecasting. Additional factors such as reduced commercial rents, sparked by shifts towards remote work and a softer market for physical event spaces, have lowered overhead costs. The widespread adoption of technology, including online ordering platforms, automated inventory management and advanced logistics, has further improved operational efficiency and reduced labor costs, collectively supporting consistent profitability across the sector. Looking ahead, the industry’s rate of revenue growth is expected to moderate significantly. Over the next five years, annual revenue growth is projected at a CAGR of 0.5%, with revenue reaching $14.7 billion by 2030. Factors such as a maturing market, slowing event frequency and societal shifts, like declining marriage rates and evolving workplace arrangements, will temper new growth prospects. While demand remains for both corporate and social occasions, competition from adjacent sectors, such as restaurants and hotels offering catering services, presents additional challenges. Despite these headwinds, strategic innovation and service diversification will be critical for catering companies. By leveraging data analytics for enhanced personalization, embracing emerging food trends and refining operational efficiency, businesses can maintain profit stability and capitalize on opportunities presented by changing consumer expectations and market conditions. The industry’s ability to adapt will be essential for sustaining growth in a more mature and competitive landscape.
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The catering services market is estimated to be worth USD 674.1 million by 2025. It is anticipated to reach USD 1.04 billion by 2035, reflecting a CAGR of 4.5% over the assessment period 2025 to 2035.
Metrics | Values |
---|---|
Industry Size (2025E) | USD 674.1 million |
Industry Value (2035F) | USD 1.04 billion |
CAGR (2025 to 2035) | 4.5% |
Semi-Annual Market Update
Particular | Value CAGR |
---|---|
H1 | 3.6% (2024 to 2034) |
H2 | 4.3% (2024 to 2034) |
H1 | 4.1% (2025 to 2035) |
H2 | 5.6% (2025 to 2035) |
Segment-Wise Insights
Segment | Value Share (2025) |
---|---|
Wedding Catering | 28% |
Segment | Value Share (2025) |
---|---|
Corporate (End User) | 30.4% |
Country-wise Analysis
Countries | CAGR (2025 to 2035) |
---|---|
USA | 4.1% |
UK | 4.3% |
France | 3.9% |
Germany | 4% |
Italy | 3.8% |
South Korea | 5% |
Japan | 5.7% |
China | 4.7% |
Australia | 4.2% |
New Zealand | 4% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Sodexo S.A. | 18-22% |
Compass Group PLC | 16-20% |
Elior Group SA | 10-14% |
Delaware North Companies Inc. | 8-12% |
Gategroup | 6-10% |
Other Companies (Combined) | 25-35% |
Catering Services Market Size 2025-2029
The catering services market size is forecast to increase by US $73.2 billion, at a CAGR of 3.7% between 2024 and 2029.
The market continues to evolve, demonstrating significant dynamism across various sectors. This market's growth is driven by the increasing popularity of online catering initiatives and the flexibility they offer to consumers. However, the market's trajectory is not without challenges. Fluctuations in food commodity prices impact the cost structure of catering services, necessitating price adjustments and operational efficiency. Comparing recent market data, there has been a noticeable increase in the number of catering services providers, leading to a more competitive landscape. Despite this, the market's growth rate remains steady, with a substantial portion attributed to the corporate sector. The business-to-business (B2B) segment is witnessing a growth in demand due to the convenience and time-saving benefits catering services offer.
Moreover, technological advancements, such as mobile ordering and contactless delivery, are revolutionizing the catering industry. These innovations enable seamless customer experiences and streamline operations for catering service providers. Furthermore, the rise of plant-based and health-conscious food options is another trend shaping the market. The market is a continuously unfolding landscape, characterized by growing competition, price fluctuations, and technological advancements. Despite these challenges, the market's potential remains robust, with opportunities in the B2B sector and the adoption of innovative technologies.
Major Market Trends & Insights
APAC dominated the market and accounted for a 48% growth during the forecast period.
The market is expected to grow significantly in Second Largest Region as well over the forecast period.
By the Service, the Contract catering services sub-segment was valued at USD 248.30 billion in 2023
By the Application, the Wedding catering sub-segment accounted for the largest market revenue share in 2023
Market Size & Forecast
Market Opportunities: US $362.80 billion
Future Opportunities: US $73.2 billion
CAGR : 3.7%
APAC: Largest market in 2023
What will be the Size of the Catering Services Market during the forecast period?
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The market encompasses a significant portion of the food industry, with current market participation reaching approximately 20% of total food sales. This figure underscores the market's substantial influence and relevance in the business world. Looking ahead, industry experts project a steady growth rate of around 5% annually. A comparison of key operational metrics highlights the market's continuous evolution. For instance, advanced event technology solutions have led to a 30% increase in staff productivity, while food safety compliance has improved by 25%. Furthermore, menu customization options have risen by 15%, allowing businesses to cater to diverse clientele needs.
In the realm of event logistics planning, catering businesses have seen a 22% reduction in food waste through efficient resource allocation and improved kitchen workflow efficiency. Additionally, food service technology has enabled temperature control logs, which have resulted in a 17% decrease in food spoilage. Payment gateway security and budget control software have become essential tools, with a 35% increase in businesses implementing these solutions to manage their finances effectively. Moreover, risk management protocols have seen a 28% uptick in adoption, ensuring event success and client satisfaction. These advancements underscore the importance of catering business software and its role in enhancing operational efficiency, reducing costs, and improving overall performance.
How is this Catering Services Industry segmented?
The catering services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Service
Contract catering services
Concession catering services
Application
Wedding catering
Corporate catering
Social event catering
Others
End-User
Individuals
Businesses
Institutions
Delivery Mode
On-Site
Off-Site
Geography
North America
US
Canada
Europe
France
Germany
Italy
Spain
UK
Middle East and Africa
UAE
APAC
China
India
Japan
South Korea
South America
Brazil
Rest of World (ROW)
By Service Insights
The contract catering services segment is estimated to witness significant growth during the forecast period. In the dynamic and evolving the market, contract catering has emerged as a si
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Global Catering Services market was valued at USD 293.78 billion in 2024 and is expected to grow to USD 378.42 billion by 2030 with a CAGR of 6.34% during the forecast period.
Pages | 182 |
Market Size | 2024: USD 293.78 Billion |
Forecast Market Size | 2030: USD 378.42 Billion |
CAGR | 2025-2030: 6.34% |
Fastest Growing Segment | Corporates |
Largest Market | North America |
Key Players | 1. Compass Group 2. Sodexo 3. Aramark 4. AVI Foodsystems 5. CaterNinja 6. Vitality Bowls 7. The Happy Catering Company 8. The Catering Company 9. San Francisco Catering Company 10. Robert’s Catering Service |
It is estimated that in 2027, the global airline catering services market will amount to approximately **** billion U.S. dollars. Airline catering industry in the U.S. As low-cost carriers (LCCs) entered the aviation market, the traditional aviation services got disrupted immensely. One of the impacts of the structural changes within the aviation industry was on the airline catering services because traditional air carriers started to rethink the in-flight food provisioning. Despite all, people need food or some basic nourishments during a travel journey. In upcoming years, slow but steady growth in global airline catering services is expected. In 2019, the market size of the U.S. airline catering services was roughly *** billion U.S. dollars. During that period, this industry employed over ****** people in the U.S. Enterprises in the U.S. air catering market Since 2017, the number of firms in this market has experienced a growth path even amid the coronavirus (COVID-19) pandemic. Each large air carrier has a main in-flight food provider, mostly owned vertically within their own business unit. In 2019, there were approximately *** businesses in the U.S. airline catering services market to supply the aviation industry with food. In that same year, the U.S. airline catering service enterprises incurred approximately *** billion U.S. dollars in wage costs.
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Market Size statistics on the Caterers industry in the US
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Market Introduction
Attribute | Detail |
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Drivers |
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In-flight Catering Services Market Regional Insights
Attribute | Detail |
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Leading Region | Europe |
In-flight Catering Services Market Snapshot
Attribute | Detail |
---|---|
Market Value in 2023 (Base Year) | US$ 16.9 Bn |
Market Forecast Value in 2034 | US$ 32.9 Bn |
Growth Rate (CAGR) | 6.3% |
Forecast Period | 2024-2034 |
Historical Period | 2020-2022 |
Quantitative Units | US$ Bn for Value |
Market Analysis | Global qualitative analysis includes drivers, restraints, opportunities, key trends, key market indicators, Porter’s Five Forces analysis, value chain analysis, PESTEL analysis, etc. Furthermore, at the regional level, the qualitative analysis includes key trends, price trends, and key supplier analysis. |
Competition Landscape |
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Regions Covered |
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Market Segmentation |
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Companies Profiled |
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Customization Scope | Available upon Request |
Pricing | Available upon Request |
In-Flight Catering Services Market Size 2025-2029
The in-flight catering services market size is forecast to increase by USD 7.65 billion, at a CAGR of 7.7% between 2024 and 2029.
The market is experiencing significant growth due to several key factors. The increase in global air passenger traffic is driving market demand, as more people travel by air for both business travel and leisure purposes. Another trend influencing market growth is the rising use of meal-ordering devices, which enable passengers to customize their meals and have more control over their in-flight dining experience. Additionally, fluctuating airline ticket prices can impact the demand for in-flight catering services, as some passengers may opt for cheaper fares that do not include meals. Overall, these trends are shaping the market and are expected to continue driving growth In the coming years.
What will be the size of the In-Flight Catering Services Market During the Forecast Period?
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The market caters to the meal requirements of passengers on non-stop and long-haul flights aboard commercial aeroplanes. Airlines prioritize supply chain management, implementing lean manufacturing and just-in-time manufacturing principles to ensure efficient delivery of on-board meals. IT management and inventory systems enable real-time tracking and automation of catering orders. Commercial kitchens prepare regionally appropriate meals, accommodating special dietary needs and premium cabin passengers with pre-ordered meal offerings. Safety regulations mandate stringent food safety protocols.
Full-service carriers and low-cost carriers differ In their catering strategies, with the former focusing on enhancing passenger experience through premium offerings and the latter optimizing costs. In-flight catering automation and catering management systems streamline operations, ensuring timely delivery of meals on commercial aircraft. Consumer lifestyles and evolving airline classes continue to influence market trends. Contract renewals and continuous improvement in food quality and variety remain key factors driving market growth.
How is this In-Flight Catering Services Industry segmented and which is the largest segment?
The in-flight catering services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Food
Beverages
Type
Economy class
Business class
First class
Geography
APAC
China
India
Japan
Europe
Germany
UK
France
North America
Canada
US
Middle East and Africa
South America
Brazil
By Product Insights
The food segment is estimated to witness significant growth during the forecast period.
In-flight catering services play a crucial role in enhancing the passenger experience, particularly on non-stop and long-haul flights. The food segment is a significant component of these services, offering a diverse range of products including meals, breakfast items, pre-packed meals, fresh snacks, and fruits. Airlines differentiate themselves through the quality and variety of onboard meals, with premium economy and business class passengers expecting more customized offerings. IT management and inventory systems, lean and just-in-time manufacturing, commercial kitchens, and safety regulations are essential elements of efficient in-flight catering operations. Partnerships between airlines and caterers, as well as airline class segments, contribute to the market's growth.
Consumer lifestyle trends, urbanization, and cultural backgrounds influence meal preferences, leading to regionally appropriate meals and special dietary needs. In-flight catering automation, catering management, and passenger experience are key areas of focus for improving the overall offering. Food safety, cold chain management, and HACCP tracking are essential for maintaining quality and adhering to regulations.
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The food segment was valued at USD 5.51 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 35% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market In the Asia Pacific (APAC) region is experiencing significant growth due to the increasing number of non-stop and long haul flights by airlines. With the rise in consumer lifestyle trends and urbanization, there is a growing demand for on-bo
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The US Foodservice Market report segments the industry into Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), Outlet (Chained Outlets, Independent Outlets), and Location (Leisure, Lodging, Retail, Standalone, Travel). Five years of historical data and five-year forecasts are included.
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U.S. Catering Market to grow at 5.2% CAGR, reaching USD 71 Billion by 2030 from USD 55 Billion in 2024. Explore market trends, growth drivers, and future opportunities!
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Employment statistics on the Airline Catering Services industry in the US
In 2021, there were *** businesses in the U.S. airline catering services market to supply the aviation industry with food. Since 2019, the number of firms in this market has experienced a decline amid the coronavirus (COVID-19) pandemic.
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United States Non-Contractual Catering Services Market Size, Share, Growth, Trend & Non-Contractual Catering Services Market Forecast 2026 By Type, By End User, By Region, Competition Forecast & Opportunities,
Pages | 70 |
Market Size | |
Forecast Market Size | |
CAGR | |
Fastest Growing Segment | |
Largest Market | |
Key Players |
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The corporate catering services market is experiencing robust growth, driven by increasing demand for convenient and high-quality meal solutions within workplaces. The rising number of businesses, particularly in urban centers, coupled with a growing preference for healthier and more diverse food options, fuels this expansion. The market is segmented by application (factory workshops, office buildings, others) and type of service (buffet, set meal, others), with office buildings and set meal options currently holding significant market share. Technological advancements, such as online ordering platforms and sophisticated meal planning software, are streamlining operations and improving customer experience, further contributing to market expansion. However, challenges such as fluctuating food prices, competition from other food delivery services, and the need to maintain consistent food quality across diverse locations pose potential restraints. We estimate the 2025 market size to be $150 billion, based on a projected CAGR of 7% from 2019, assuming consistent growth across various segments and regions. This growth is expected to continue, with a projected CAGR of 5% to 2033. Key players in the market include established global giants like Compass Group and Sodexo, alongside innovative startups such as ezCater and Fooda, showcasing a competitive landscape characterized by both established players and agile newcomers. Regional variations are expected, with North America and Europe leading the market due to established corporate cultures and high disposable income levels. However, rapidly growing economies in Asia-Pacific, particularly in China and India, present significant future growth opportunities. The industry is continually evolving to meet the demands of a diverse workforce, incorporating sustainable practices, personalized meal options, and technological integrations to ensure efficiency and customer satisfaction. Focus on employee wellness and the growing trend of corporate social responsibility initiatives are further expected to shape market growth.
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The USA in-flight catering services are projected to grow at a 6.43% CAGR from 2025 to 2030, driven by rising demand for premium and diverse meal options, along with an increasing
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The corporate catering services market is experiencing robust growth, driven by increasing corporate demand for convenient and high-quality food solutions for employees and clients. The shift towards flexible work arrangements, a growing emphasis on employee well-being, and the rising popularity of office-based events are key factors fueling this expansion. The market is segmented by application (factory workshops, office buildings, and others) and by type of service (buffet, set meal, and others). While office buildings currently dominate the application segment, factory workshops are showing promising growth potential as companies prioritize employee satisfaction and productivity in all work environments. The diverse service types cater to various needs, from large-scale events to daily employee meals. North America and Europe currently hold the largest market share, reflecting established corporate cultures and higher disposable incomes. However, Asia-Pacific, particularly China and India, are emerging as significant growth markets, driven by rapid economic development and increasing adoption of Western corporate practices. Competition is intense, with both established multinational players like Compass Group and Sodexo, and agile, tech-enabled startups like ezCater and Fooda vying for market share. The market’s future trajectory is projected to remain positive, with continued growth driven by technological advancements, personalized meal options, and an increasing focus on sustainability and healthy eating within corporate catering. The market's competitive landscape is characterized by a mix of large multinational corporations with established infrastructure and smaller, specialized catering companies that provide niche services. Technological advancements are playing a significant role in shaping the market, with online ordering platforms, sophisticated inventory management systems, and data-driven insights enhancing efficiency and customer experience. Challenges include maintaining consistent food quality across diverse locations, managing fluctuating demand, and adhering to stringent food safety regulations. Future growth will be influenced by factors like economic conditions, evolving consumer preferences, and the continued adoption of innovative technologies designed to streamline operations and improve service delivery. The market is expected to witness significant consolidation, with larger players acquiring smaller firms to expand their geographical reach and service offerings. Sustainability initiatives and the growing demand for healthy and ethically sourced food are also expected to become increasingly important in shaping the market's future landscape.
In 2020, the meal segment in the airline catering market accounted for over ************ U.S. dollars worldwide. By 2027, the global airline catering market is expected to reach approximately **** billion U.S. dollars.
Mobile Food Services Market Size 2024-2028
The mobile food services market size is forecast to increase by USD 17.7 billion at a CAGR of 9.48% between 2023 and 2028.
The market is experiencing significant growth, driven by several key factors. One of the primary trends is the increasing demand for frozen and convenience foods, as consumers seek time-saving solutions for their busy lifestyles. Another factor fueling market growth is the rising number of marketing initiatives by food service providers, such as food trucks to attract customers through promotions and discounts. Additionally, fluctuations in food commodity prices can impact the market, presenting both opportunities and challenges for players. Overall, the market is expected to continue its growth trajectory, offering numerous opportunities for businesses that can effectively cater to the evolving needs and preferences of consumers.
What will be the Size of the Mobile Food Services Market During the Forecast Period?
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The market encompasses a diverse range of offerings, including food trucks, catering services, carts, trailers, and stands, that cater to the growing demand for convenient, budget-friendly, and time-saving food solutions such as meal kits. Urbanization and the increasing popularity of urban culture have fueled the market's growth, with a target audience that values convenience and the ability to sample a variety of food cuisines. Hygiene standards are paramount in this sector, ensuring that mobile food services maintain the same level of food safety as their brick-and-mortar counterparts. The fast food sector has also embraced mobile food services, offering pre-defined costs, dine-in menus, takeaway portions, and at-door services through e-commerce apps.
However, the market faces challenges such as virus outbreaks and social gatherings restrictions, which can impact food dynamics and the availability of fast-food facilities. Despite these challenges, the market continues to evolve, offering a dynamic and innovative solution to the changing food landscape.
How is this Mobile Food Services Industry segmented and which is the largest segment?
The mobile food services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Type
Food
Beverages
Application
Food truck
Removable container
Geography
North America
US
APAC
China
Japan
Europe
Germany
UK
South America
Middle East and Africa
By Type Insights
The food segment is estimated to witness significant growth during the forecast period.
The market is experiencing steady growth, driven by urbanization and evolving consumer preferences. With the rise of nuclear families and changing lifestyles, the demand for convenient and time-saving food options is increasing. Mobile food services, including food trucks, carts, and trailers, offer a wide range of cuisines, from gourmet burgers and sandwiches to traditional meals and international dishes. Hygiene standards are of utmost importance in this sector, ensuring food safety and quality. Key players in the market include Kogi BBQ, DessertTruck Works, Don Chow Tacos, Baby's Badass Burgers, Flying Pig Truck, Bian Dang, and Burgerville. Consumers are attracted to the tempting menus and budget-friendly prices, as well as the convenience of food delivery and at-door services.
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The food segment was valued at USD 14.10 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 31% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The North American market is experiencing significant growth due to urbanization and the increasing preference for convenience food. With the rise in urban populations and the fast pace of life, consumers are turning to mobile food services such as food trucks, stalls, carts, and trailers for quick, affordable meals. The fast food sector, including offerings like donuts, sandwiches, burgers, pizza, and traditional meals, dominates this market. Hygiene standards are of utmost importance, and these businesses adhere to regulations to ensure food safety. The market is also influenced by inflation and the cost of raw materials, which can impact the pricing of prepared food.
Market Dynamics
Our researchers analyzed the data with 2023 as the base year, along wit
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 296.86(USD Billion) |
MARKET SIZE 2024 | 306.86(USD Billion) |
MARKET SIZE 2032 | 400.0(USD Billion) |
SEGMENTS COVERED | Service Type, End User, Food Type, Event Type, Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Increasing demand for convenience, Rising health consciousness among consumers, Growth of online food delivery, Expanding corporate catering services, Continuous innovation in menus |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Sodexo, Delaware North, Centerplate, Gategroup, CulinArt, Compass Group, Elior Group, Avi Foodsystems, Aramark, Sysco Corporation, Levy Restaurants, Core Catering, Restoration Hardware, Tastings, Foster Concessions |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Plant-based food offerings growth, Digital ordering system integration, Corporate catering service expansion, Sustainable packaging solutions adoption, Health-conscious meal options increase |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.37% (2025 - 2032) |
In 2021, the global market size of catering services and food contractors was ****** billion U.S. dollars. This figure was expected to increase to ****** billion U.S. dollars in 2022. By 2026, the market is forecast to reach ****** billion at a compound annual growth rate (CAGR) of *** percent.