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Catering Services Market Size, Share Global Analysis Report, 2023 – 2030
Catering Services Market Size, Share, Growth Analysis Report By Type (Non-Contractual and Contractual), By End-User (In-Flight, Education, Industrial, Healthcare, Hospitality, and Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2023 – 2030
Industry Insights
[174+ Pages Report] According to the report published by Facts and Factors, the global Catering Services market size was worth/valued at around USD 285 billion in 2022 and is predicted to grow around USD 362 billion by 2030 with a compound annual growth rate (CAGR) of approximately 3.5% between 2023 and 2030. The report analyses the global Catering Services market drivers, restraints/challenges, and the effect/impact they have on the demands during the projection period. In addition, the report analyses emerging opportunities in the Catering Services market.
The market experts have carried out exhaustive primary as well as secondary research on the global catering services market to precisely determine the global market share and its forecasted growth pattern. Through this comprehensive research, the analysts studied all the catering services and solution providers established worldwide and calculated the catering services market size at a global and regional level The market-oriented historical data and the growth trend from 2015 to 2018 facilitate the projection of the catering services providing industries during 2019–2025.
The global catering services report provides market valuation in terms of USD million along with additional statistical data of the market. The market offers key insights that would help clients to generate ideas for the effectual expansion of their catering businesses. The report also entails significant information about the key players such as the revenue generated, production rate, current developments, and market share captured by each player along with the competitive landscape.
The report also provides considerable information regarding the key strategic improvements such as business collaborations, mergers, and acquisitions that are facilitating considerable growth of the market. Moreover, the report elucidates key growth drivers, opportunities, trends, and opportunities in the catering services market.
The analysts carried out analytical research of the global catering services market through tools such as SWOT analysis and PESTLE analysis. Porter's Five Forces framework was used to examine the buyers' & suppliers' potential.
Catering is a service-based business that involves food & beverages serving at gatherings at hotels, offices, and event venues, among others.
Report Scope
Report Attribute |
Details |
Market Size in 2022 |
USD 285 Billion |
Projected Market Size in 2030 |
USD 362 Billion |
CAGR Growth Rate |
3.5% CAGR |
Base Year |
2022 |
Forecast Years |
2023-2030 |
Key Market Players |
Elior Group, Sodexo, Compass Group PLC, GateGroup, ABM Catering Solution, DO & CO, Newrest, SV Group, Cushman & Wakefield, Aramark, and WSH, among others. |
Key Segment |
By Type, End-User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The major factor extensively propelling the catering services market is the considerable rise in demand for this service among well-established businesses and high-income households. The aforementioned consumers are likely to spend more on offering catering-based parties to enhance their corporate profit eventually. Online food ordering services have significantly boosted the global catering services market, as online services allow customers to select food items from the prescribed menu and order them within a few clicks.
Apart from this, several online food-ordering platforms have been working on delivering food timely at customers' doorstep by expanding food-delivery services for which they have collaborated with logistics companies, which is tremendously booming the food catering services market. Catering service providers are expanding their menus by introducing new dishes & recipes, encouraging customers to select and order more food items, thereby enhancing the global catering market.
Segmental Overview:
The global catering services market is segmented based on type, end-user, and geography. By type, the global market is divided into non-contractual and contractual. By the end-user, the market is bifurcated into in-flight, educational, industrial, healthcare, hospitality, and others.
Regional Overview:
By region, the market is categorized into North America, Europe, Latin America, the Middle East & Africa, and the Asia Pacific.
Top Market Players
Some of the key players propelling the global catering services market are :
- Elior Group
- Sodexo
- Compass Group PLC
- GateGroup
- ABM Catering Solution
- DO & CO
- Newrest
- SV Group
- Cushman & Wakefield
- Aramark
- WSH
By Type
- Non-Contractual
- Contractual
By End-User
- In-Flight
- Educational
- Industrial
- Healthcare
- Hospitality
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Content
Industry Major Market Players
- Elior Group
- Sodexo
- Compass Group PLC
- GateGroup
- ABM Catering Solution
- DO & CO
- Newrest
- SV Group
- Cushman & Wakefield
- Aramark
- WSH
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