The catering and foodservice contractor market is currently driven by the consumer’s inclination towards health and wellness. The rising awareness towards healthy eating is forcing catering and food service companies to provide healthier options in their food menu. According to the Global Wellness Institute, in 2015, the global wellness economy accounted for $3.7 trillion market which increased to $4.2 trillion market by the end of 2017. The market includes the healthy eating, Nutrition and Weight loss sector which accounted for $702 billion of total global wellness economy in 2017.

Market Dynamics

Increasing preference of sustainable diet is a significant factor for the catering and food service contractor market growth. Sustainable diet refers to healthy diet followed by people by taking into consideration its impact on ecosystems and biodiversity. Sustainable foods such as vegetables and fruits are economically fair and are nutritious. Menus provided by caterers are expected to include foods, which are gluten free, flourless, mushroom-less, and shell-fish free.

Furthermore, key players in the market are focusing launching online catering services in order to enhance their market share. For instance, Caterspot offers online catering services from registration, order processing, deciding of meals till cancellation, if required. The company facilitates services of partner caterers and does not offer catering services itself.

Key features of the study

• This report provides in-depth analysis of catering and food service contractor market and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 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 approval, regional outlook, and competitive strategy adopted by key players
• It profiles key players in the global catering and food service contractor 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 include, Compass Group Plc., Sodexo, Aramark Corporation, Elior Group, Delaware North, Westbury Street Holdings, Ovations Food Services, Thompson Hospitality, Dine Contract Catering, Olive Catering Services, and others
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
• The global catering and food service contractor market report caters to various stakeholders in this industry including investors, suppliers, catering and food service contractors, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the catering and food service contractor market

Market Segmentation

• Application Insights (Revenue, USD Bn, 2026 - 2033)
• Corporate
• Industrial
• Hospitality Services
• Healthcare
• Educational Institutions
• Sports & Leisure
• Others
• Regional Insights (Revenue, USD Bn, 2026 - 2033)
• North America
• U.S.
• Canada
• Latin America
• Brazil
• Argentina
• Mexico
• Rest of Latin America
• Europe
• Germany
• U.K.
• France
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• GCC
• Israel
• Rest of Middle East
• Africa
• North Africa
• Central Africa
• South Africa
• Key Players Insights
• Compass Group Plc.
• Sodexo
• Aramark Corporation
• Elior Group
• Delaware North
• Westbury Street Holdings
• Ovations Food Services
• Thompson Hospitality
• Dine Contract Catering
• Olive Catering Services