Catering Software Market Size, Share Global Analysis Report, 2021 – 2026

Industry Insights

Facts & Factors published the latest report on the global catering software market is expected to grow from USD 200 Million in 2020 to USD 500 Million by 2026; it is anticipated to grow at a CAGR of 15% during 2021 – 2026.

Report Overview

Data analytics or catering software are technologies that can help improvise catering related operations. The catering software has the potential to completely revolutionize the catering business by enhancing the sales and production networks in the entire catering industry. With the help of this software, the tracking of supplies, purchase orders, and catering status on a real-time basis is possible.

The analytics is known to help track and analyze the catering agents’ performance. It is mandated that the stakeholders in the catering industry must-have details related to the retails, shippers, farmers, and restaurants or shops. The catering software is known to help restaurants and shops study customer feedback and preferences in order to enhance their sales, profit, and customer experiences.

Industry Growth Factors

The world of digitalization and e-commerce technology across the globe is helping transform the world, thereby promoting catering software in the coming years. The idea of helping manufacturers and investors make correct business decision provides new opportunities for catering software market players.

The easy evaluation of customer interactions through social media, mobile phones, and websites will further proliferate the catering software market. With the goal of area mapping and equalizing the demand and resource availability, the requirement of efficient catering software is found to surge over the period. Moreover, the integration of Artificial Intelligence and Machine Learning could form the base of next-generation catering technologies. These technologies help the global catering software market grow at a rapid pace. Furthermore, the need to record data using algorithms, patterns and predictive data is expected to proliferate the catering software market.

The rising online food deliveries and adoption of various algorithms by the catering industry will further drive the catering software market. Majorly, the penetration of machine learning in the catering business increases the probability of the catering software market. Even the rising tourism and investments in the food service industry are likely to boom the market in the coming years. However, the government-imposed travel restrictions amid the COVID-19 pandemic and the low revenue generation from the food service industry will restrain the catering software market growth during the forecast period.

Segmentation Analysis

Based on type, the global catering software market is divided into marketing, order management, product management, and event planning. On the basis of deployment mode, the market is categorized into cloud based and on-premises. Cloud based segment is expected to dominate the catering software market owing to the larger data storage, easy installation, and low expenditure. Additionally, the rising penetration of the Internet increases the demand for cloud-based deployment.

By end-users, the catering software market is classified into restaurants & hotels, caterers, and others. From these, the restaurants & hotels category is anticipated to hold the highest market share owing to the rising tourism, growing younger population, rising online food deliveries, and adoption of machine learning by the hotels and restaurants.

Report Scope

Regional Analysis

Rapid tourism, a rising number of airports, relaxed visa formalities, and feasible exchange rates magnetize tourists in regions including India, Vietnam, Malaysia, Indonesia, Philippines, and Australia. Thereby, bolstering the demand for restaurant dining and multicultural cuisine in the Asia Pacific region. Furthermore, the growing tourism, high disposable income, and adoption of digitization plus technologies propel the catering software market in the Asia Pacific region. All these factors are anticipated to help the catering software attain significant growth in this region.

Competitive Players

Some of the key players dominating the global catering software market include :

• Better Cater Inc.
• Katerra Inc.
• Planning Pod
• Caterease Software
• Restaurant & Catering Systems
• Pxier
• FoodStorm Catering Software
• Aptus Systems Ltd.
• Profit Systems Inc.
• Flex Catering

By Deployment Mode Segment Analysis

• On-Premises
• Cloud Based

By Type Segment Analysis

• Marketing
• Order Management
• Product Management
• Event Planning

By End-User Segment Analysis

• Caterers
• Restaurants & Hotels
• Others

By Regional Segment Analysis

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA