Catering Services Market: Segmentation Analysis
This market research report segments the catering services market by Service (Contract catering services and Concession catering services) and Geography (APAC, North America, Europe, MEA, and South America).
- Revenue Generating Segment - The catering services market share growth in the contract catering services market segment will be significant for revenue generation. Contract caterers are hired by educational institutions, industries and businesses, hospitals, organizers of events, such as marriages, luncheons, parties, and other large-scale organizations to provide food services to workers, employees, attendees, and customers. The advantage of contract catering services is increased accountability from the caterer, convenience for customers, and regulatory compliance with food hygiene and safety requirements. Hence, contract catering services have become one of the most popular types of catering services.
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Catering Services Market: Major Driver
- The growing urban population is instilling new habits and increasing the desire for international cuisine.
- The worldwide fast-food sector is being fueled by changing lifestyles, changing dietary choices, rising urbanization, and an increase in the number of nuclear families. Consumers all around the world are experimenting with new cuisines as a result of their exposure to international cultures and lifestyles, which is creating growth potential for the global fast-food business. Many developed and emerging countries are seeing an increase in the popularity of mobile food service providers since on-the-go foods are becoming popular among their working populations.
- The popularity of mobile food service providers is growing in many developed and emerging countries, as on-the-go foods are commonly preferred by these countries' working populations. The rise in consumer spending power in APAC and South America is also propelling the mobile food services market, which has a favorable impact on the global catering services market. As a result of the increased demand for convenience foods, vendors are expanding their mobile foodservice offerings in the QSR segment, which is propelling the worldwide catering services market forward.
Catering Services Market: Major Trend
- The marketing initiatives will fuel the global catering services market growth.
- Consumer demand for increasingly diverse cuisines is on the rise around the world. This is due to changing customer tastes as they seek fresh and robust flavors as well as premium alternatives. The expanding millennial demographic is demonstrating a preference for novel and exotic-flavored cuisine.
- Consumers now have a variety of options for customized food based on their preferences and daily calorie intake. This is due to the fact that customization helps customers feel both special and cared for. As a result, catering service providers throughout the world are coming up with new recipes and goods to offer on their menus. The above factors will increase the demand for the global catering services market during the forecast period.
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The competitive scenario provided in the Catering Services Market Report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Catering Services Market Forecast Report - Buy Now!
Related Reports:
- The cloud kitchen market share is expected to increase by USD 24.31 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.09%.
- The predicted growth of the mobile food services market share from 2021 to 2026 is USD 7.24 billion at a progressing CAGR of 5.94%.
Catering Services Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.1% |
Market growth 2020-2024 |
USD 187.56 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.03 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 46% |
Key consumer countries |
US, China, Japan, France, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Aramark, bartlett mitchel Ltd., Compass Group Plc, Delware North Companies Inc., Deutsche Lufthansa AG, DO & CO Group, Elior Group, Emirates Flight Catering Co., gategroup, and Newrest Group Services SAS |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Content
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 02: Market characteristics
- Exhibit 03: Value Chain Analysis: Restaurant market
3 Market Sizing
- 3.1 Market definition
- Exhibit 05: Market segments
- 3.2 Market segment analysis
- 3.3 Market size 2020
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- Exhibit 10: Bargaining power of suppliers
- 4.3 Bargaining power of suppliers
- Exhibit 11: Threat of new entrants
- 4.4 Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Service
- 5.1 Market segments
- Exhibit 16: Comparison by Service
- 5.2 Comparison by Service
- Exhibit 17: Contract catering services - Market size and forecast 2020-2025 ($ billion)
- 5.3 Contract catering services - Market size and forecast 2020-2025
- Exhibit 18: Contract catering services - Year-over-year growth 2020-2025 (%)
- Exhibit 19: Concession catering services - Market size and forecast 2020-2025 ($ billion)
- 5.4 Concession catering services - Market size and forecast 2020-2025
- Exhibit 20: Concession catering services - Year-over-year growth 2020-2025 (%)
- Exhibit 21: Market opportunity by Service
- 5.5 Market opportunity by Service
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 24: Geographic comparison
- 7.2 Geographic comparison
- Exhibit 25: APAC - Market size and forecast 2020-2025 ($ billion)
- 7.3 APAC - Market size and forecast 2020-2025
- Exhibit 26: APAC - Year-over-year growth 2020-2025 (%)
- Exhibit 27: North America - Market size and forecast 2020-2025 ($ billion)
- 7.4 North America - Market size and forecast 2020-2025
- Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
- Exhibit 29: Europe - Market size and forecast 2020-2025 ($ billion)
- 7.5 Europe - Market size and forecast 2020-2025
- Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
- Exhibit 31: MEA - Market size and forecast 2020-2025 ($ billion)
- 7.6 MEA - Market size and forecast 2020-2025
- Exhibit 32: MEA - Year-over-year growth 2020-2025 (%)
- Exhibit 33: South America - Market size and forecast 2020-2025 ($ billion)
- 7.7 South America - Market size and forecast 2020-2025
- Exhibit 34: South America - Year-over-year growth 2020-2025 (%)
- Exhibit 35: Key leading countries
- 7.8 Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.2 Market challenges
- Exhibit 37: Impact of drivers and challenges
9 Vendor Landscape
- 9.1 Overview
- Exhibit 39: Landscape disruption
- 9.2 Landscape disruption
- Exhibit 40: Industry risks
10 Vendor Analysis
- 10.2 Market positioning of vendors
- 10.3 Aramark Corp.
- Exhibit 45: Aramark Corp. – Key news
- Exhibit 46: Aramark Corp. - Key offerings
- Exhibit 47: Aramark Corp. - Segment focus
- Exhibit 48: bartlett mitchell Ltd. - Overview
- Exhibit 49: bartlett mitchell Ltd. - Product and service
- Exhibit 50: bartlett mitchell Ltd. - Key offerings
- 10.4 bartlett mitchell Ltd.
- Exhibit 51: CH and Co Catering Group Ltd. - Overview
- Exhibit 52: CH and Co Catering Group Ltd. - Product and service
- Exhibit 53: CH and Co Catering Group Ltd. – Key news
- 10.5 CH and Co Catering Group Ltd.
- Exhibit 54: CH and Co Catering Group Ltd. - Key offerings
- Exhibit 55: Delaware North Companies Inc. - Overview
- Exhibit 56: Delaware North Companies Inc. - Product and service
- Exhibit 57: Delaware North Companies Inc. - Key offerings
- 10.6 Delaware North Companies Inc.
- Exhibit 58: Deutsche Lufthansa AG - Overview
- Exhibit 59: Deutsche Lufthansa AG - Business segments
- 10.7 Deutsche Lufthansa AG
- Exhibit 60: Deutsche Lufthansa AG - Key offerings
- Exhibit 61: Deutsche Lufthansa AG - Segment focus
- Exhibit 62: Dine Contract Catering Ltd. - Overview
- Exhibit 63: Dine Contract Catering Ltd. - Product and service
- Exhibit 64: Dine Contract Catering Ltd. - Key offerings
- 10.8 Dine Contract Catering Ltd.
- Exhibit 65: DO & CO Aktiengesellschaft - Overview
- Exhibit 66: DO & CO Aktiengesellschaft - Business segments
- 10.9 DO & CO Aktiengesellschaft
- Exhibit 67: DO & CO Aktiengesellschaft - Key offerings
- Exhibit 68: DO & CO Aktiengesellschaft - Segment focus
- Exhibit 69: DoorDash Inc. - Overview
- Exhibit 70: DoorDash Inc. - Business segments
- Exhibit 71: DoorDash Inc. - Key offerings
- 10.10 DoorDash Inc.
- Exhibit 72: Elior Group SA - Overview
- Exhibit 73: Elior Group SA - Business segments
- Exhibit 74: Elior Group SA - Key offerings
- 10.11 Elior Group SA
- Exhibit 75: Elior Group SA - Segment focus
- Exhibit 76: The Emirates Group - Overview
- Exhibit 77: The Emirates Group - Business segments
- Exhibit 78: The Emirates Group - Key offerings
- 10.12 The Emirates Group
- Exhibit 79: The Emirates Group - Segment focus
11 Appendix
- 11.1 Scope of the report
- Exhibit 80: Currency conversion rates for US$
- 11.2 Currency conversion rates for US$
- Exhibit 81: Research Methodology
- 11.3 Research methodology
- Exhibit 82: Validation techniques employed for market sizing
- Exhibit 83: Information sources
- Exhibit 84: List of abbreviations
- 11.4 List of abbreviations
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