Contract catering provides catering services to organizations or business on a regular basis. Contract companies work with educational institutions, hospitality, industrial, healthcare, sports & leisure, and other sectors to develop menus and programs to inculcate varied and balanced diet.
Market Dynamics
Increasing demand for food-away-from-home and increasing focus of consumers on offering fresh food at work place are expected to drive demand for contract catering services, owing to its increasing demand from corporate offices, hospitals, educational institutions, and other industries, which provide quick and easy access to various healthy snack foods within the office or institute premises.
Latin America is expected to witness a significant growth in global contract catering market by 2021. High economic growth in Latin American countries such as Brazil coupled with increasing purchasing power of the urban population are expected to propel the contract catering market growth in Latin America. For instance, according to International Monetary Fund (IMF), Brazil’s economy grew 3.6 times to reach US$ 1.8 trillion in 2018 from US$ 0.5 trillion in 2002.
Growing healthcare sector in Mexico is also expected to boost growth of contract catering services to the healthcare sector. For instance, according to International Trade Administration, Mexico spent around 4.2% of its GDP in the healthcare sector in 2018.
Furthermore, key manufacturers are involved in developing or opening of a new facility, in order to expand their customer base. For instance, in 2018, Aramark Corporation opened a new global headquarter with a culinary innovation kitchen in Philadelphia. This has helped the company expand its customer base in the U.S.
However, online food delivery services, worldwide is increasing at a significant rate, which is expected to hinder growth of the global contract catering market over the forecast period. Online food services offers convenient and easy order process and keeps cost transparent including price along with other taxes to be charged. It allows customers to order through mobile app and explore various options of food without the intervention of contractors. The major competitors of global contract catering pertaining to online food delivery services include Grubhub Inc., UberEats, Ele.me, Deliveroo, and Zomato, among others.
Key features of the study:
- This report provides in-depth analysis of contract catering and provides market size (US$ Billion) and cumulative annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the global contract catering market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study includes Compass Group PLC, United Enterprises Co. Ltd., Elior Group SA, Aramark Corporation, CH&Co Catering Group Limited, Mitie Group plc., Sodexo S.A., Westbury Street Holdings Limited, and Rhubarb Food Design Limited
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The global contract catering market report caters to various stakeholders in this industry including investors, suppliers, contract catering manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the contract catering market
Detailed Segmentation:
- Global Contract catering Market, By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Global Contract catering Market, By Region:
- North America
- U.S.
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Canada
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Europe
- U.K.
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Germany
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Italy
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- France
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Russia
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Rest of Europe
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Asia Pacific
- China
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- India
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Japan
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- ASEAN
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Australia
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- South Korea
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Rest of Asia Pacific
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Latin America
- Brazil
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Argentina
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Mexico
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Rest of Latin America
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Middle East & Africa
- Middle East
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Africa
- By Sector:
- Corporate
- Industrial
- Hospitality Services
- Healthcare
- Educational Institutions
- Sports & Leisure
- Others
- Company Profiles
- Compass Group PLC *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- United Enterprises Co. Ltd.
- Elior Group SA
- Aramark Corporation
- CH&Co Catering Group Limited
- Mitie Group plc.
- Sodexo S.A.
- Westbury Street Holdings Limited
- Rhubarb Food Design Limited
“*” marked represents similar segmentation in other categories in the respective section.
