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Global Catering Services Market by Service, Application and Geography - Forecast and Analysis 2023-2027

  • Published: Dec 2022
  • Pages: 162
  • SKU: IRTNTR41445
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The catering services market is estimated to grow at a CAGR of 5.46% between 2022 and 2027. The size of the market is forecast to increase by USD 103.28 billion. The growth of the market depends on serval factors, including the increasing popularity of online catering, the introduction of new food menus, and the increasing promotional initiatives. 

This report extensively covers market segmentation by service (contract catering services and concession catering services), application (corporate catering, wedding catering, social event catering, and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Catering Services Market During the Forecast Period?

Catering Services Market Size

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Parent Market Analysis

Technavio categorizes the global catering services market as a part of the global hotels, restaurants, and leisure market within the global hotels, restaurants, and leisure market. The parent global hotels, resorts, and cruise lines market covers companies engaged in operating hotels, resorts, and cruise ships, including travel agencies, tour operators, and related services. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Catering Services Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increasing popularity of online catering is notably driving the market growth, although factors such as the growing preference for home-cooked foods may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Catering Services Market Driver

The increasing popularity of online catering is notably driving the catering services market growth. The expansion of the urban population is inculcating new habits and increasing the preference for international foods. Evolving lifestyles, changing food preferences, rapid urbanization, and the growing number of nuclear families are some factors that are driving the growth of the global fast-food industry. Exposure to international cultures and lifestyles has resulted in consumers across the world experimenting with different cuisines, which is also creating growth opportunities for the global fast-food industry.

The popularity of mobile food service providers is increasing in many developed and developing countries as on-the-go foods are widely preferred by the working population of such countries. The rise in consumer purchasing power in APAC and South America is also driving the growth of the mobile food services market. Thus, the growing demand for convenience foods is encouraging vendors to expand their mobile food service offerings in the QSR segment, which is driving the growth of the global mobile food services market during the forecast period.

Significant Catering Services Market Trend

The rising demand for healthy foods on menus is a major trend in the catering services market. Globally, health consciousness among consumers is growing amid rising incidences of obesity and heart problems. They often tend to avoid unhealthy or fatty food products. The move toward healthier and wholesome foods is expected to continue through 2018, and items such as poke bowls and superfood slaw are expected to witness high demand in both corporate and celebratory events. Healthy catering looks and tastes incredible. Many caterers have started introducing healthy food items in their menus, including poke and smoothie bowls, edible flowers, fermented foods and plant-based soups, and half- or full-size salads that contain fresh fruits and vegetables. 

Caterers are taking initiatives to ensure healthy food is served at their outlets. These initiatives help in increasing the customer base and eliminate the desire to source food from outside. Caterers are also introducing newer plant-based cuisines in their menus. Increasing demand for healthy vegetable-based menus has seen caterers introducing plant-based and vegan menus. Caterers such as Pret A Manger are introducing vegetarian-only menus riding on strong demand. Therefore, the increasing efforts of caterers to include healthy foods and the growing trend toward healthy eating are foreseen to boost the market. Further, with new food trends such as Flexitarianism growing, the global catering services market is expected to grow at a healthy rate during the forecast period.

Major Catering Services Market Challenge

The growing preference for home-cooked foods is a major challenge impeding market growth. Increasing consciousness among consumers about well-being, nutrition, and healthy diets has led to a growing preference for home-cooked food over that offered by restaurants or cafeterias in workplaces and educational institutions. This is because most consumers perceive fast food as unhealthy due to its high contents of added sugar, carbohydrates, and unhealthy fats. With consumers becoming more aware of the increasing occurrences of lifestyle-related diseases such as diabetes and obesity, they try to avoid eating unhealthy foods and prefer home-cooked meals instead.

Home-cooked foods are perceived to have high nutritional value and be fresh and hygienic. Also, chances of contamination are lower in home-cooked meals compared to food bought elsewhere. Concerns related to the pricing of food bought outside have also helped raise demand for home-cooked foods, with the latter being more cost-effective. Thus, benefits such as portion control, hygiene, food safety, better control over allergens, and cost benefits encourage consumers to opt for home-cooked foods. Many people have started preparing foods in-house during personal events such as birthdays and luncheons rather than outsourcing to caterers. Thus, the growing popularity and preference for home-cooked meals are hindering the growth of the catering services market globally during the forecast period.

Key Catering Services Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Catering Services Market Share by Geography

Global Catering Services Market Customer Landscape

Who are the Major Catering Services Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Deutsche Lufthansa AG - The company operates under multiple segments including network airlines, and logistics among others, with a high focus on network airlines. Under this segment, the company caters to elite customers. It offers premium, high-quality service through the brands Lufthansa German Airlines, SWISS and Austrian Airlines. The company's key offerings include catering services. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Aramark
  • bartlett mitchell Ltd.
  • Caterlink Ltd.
  • CH and Co Catering Group Ltd
  • Delaware North Companies Inc.
  • Deutsche Lufthansa AG
  • Dine Contract Catering Ltd.
  • DO and CO Aktiengesellschaft
  • DoorDash Inc.
  • Elior Group SA
  • Entier Ltd.
  • Fairfax Meadow Europe Ltd.
  • Fooditude Ltd.
  • gategroup Holding AG
  • ISS AS

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Catering Services Market?

The market share growth by the contract catering services segment will be significant during the forecast period. Under contract catering services, a caterer is hired to provide services under a contract or agreement for a specified period of time. The contract or agreement between the customer and caterer can be of many types, including cost plus, cost plus guarantee, and fixed cost per head/user/employee, among others.

Catering Services Market Size

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The contract catering services segment shows a gradual increase in the market share of USD 247.38 billion in 2017 and continued to grow until 2021. Contract caterers are hired by educational institutions, industries and businesses, hospitals, and organizers of events, such as marriages, luncheons, parties, and other large-scale organizations, to provide food catering services to workers, employees, attendees, and customers. The advantage of contract catering services is the increased accountability on the part of 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. The contract catering services market is expected to grow steadily during the forecast period. This can be attributed to the prevalence of this type of food service system worldwide. Apart from convenience, the demand for contract catering services is driven by the high quality of food, as meals are prepared on the premises of the hirer. Thus, consumers perceive such food to be fresh and hygienic, given the increasing health consciousness and preference for fresh and healthy food. Vendors are making constant efforts to be innovative with their menus and include new, healthier, and tasty dishes to cater to the evolving tastes and preferences of consumers. The demand for food through contract catering services is, therefore, expected to surge during the forecast period.

Which are the Key Regions for the Catering Services Market?

Catering Services Market Share by Geography

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APAC is estimated to contribute 47% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The catering services market in APAC accounted for a significant market share in 2022. Offices, businesses, and corporations generally contract catering services to provide food, and the growing preference to dine in the office is expected to increase contract catering service revenues in the region. Furthermore, hectic lifestyles have led to a decline in time spent on cooking to raise demand for on-the-go foods in the region. This is further expected to bolster the concession catering services market and positively affect the catering services market in APAC.

Rapid urbanization in India and China has also led to an increase in the number of working populations, leading to the modernization of food consumption patterns. Increased income levels and positive opinions concerning the taste of western foods have a significant influence on processed food, creating growth opportunities for catering services in APAC. Many catering services are also mobile food service providers that offer food and beverages at an economical price; consumers prefer such catering mobile food service outlets over FSRs. Also, the increasing demand for fast food is encouraging international vendors to expand their food service offerings in China and South Korea. All these factors will drive the growth of the catering services market in APAC during the forecast period.

The restaurant market in APAC witnessed a significant decline in 2020 due to the outbreak of COVID-19. In 2021, accelerated vaccination programs and coverage and the further easing of lockdown measures boosted the growth of the catering services market in the region. Therefore, the resumption of in-dining services in restaurants and other food service outlets will have a positive impact on the regional catering services market during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Service (Contract catering services and Concession catering services), Application (Corporate catering, Wedding catering, Social event catering, and Others), and Geography (APAC, North America, Europe, Middle East and Africa, and South America).

  • Service Outlook (USD Billion, 2017 - 2027)
    • Contract catering services
    • Concession catering services
  • Application Outlook (USD Billion, 2017 - 2027)
    • Corporate catering
    • Wedding catering
    • Social event catering
    • Others
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Catering Services Market Scope

Report Coverage

Details

Page number

162

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.46%

Market growth 2023-2027

USD 103.28 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

3.41

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 47%

Key countries

US, China, Japan, France, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Aramark, bartlett mitchell Ltd., Caterlink Ltd., CH and Co Catering Group Ltd, Delaware North Companies Inc., Deutsche Lufthansa AG, Dine Contract Catering Ltd., DO and CO Aktiengesellschaft, DoorDash Inc., Elior Group SA, Entier Ltd., Fairfax Meadow Europe Ltd., Fooditude Ltd., gategroup Holding AG, ISS AS, Newrest Group International SAS, Pret A Manger, rhubarb Food Design Ltd., SAVORY Inc, and The Emirates Group

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Catering Services Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the  catering services market between 2023 and 2027
  • Precise estimation size of the catering services market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of catering services market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global catering services market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global catering services market 2017 - 2021 ($ billion)
    • 4.2 Service Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Service Segment 2017 - 2021 ($ billion)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Service

    • 6.1 Market segments
      • Exhibit 30: Chart on Service - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Service - Market share 2022-2027 (%)
    • 6.2 Comparison by Service
      • Exhibit 32: Chart on Comparison by Service
      • Exhibit 33: Data Table on Comparison by Service
    • 6.3 Contract catering services - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Contract catering services - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Contract catering services - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Contract catering services - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Contract catering services - Year-over-year growth 2022-2027 (%)
    • 6.4 Concession catering services - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Concession catering services - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Concession catering services - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Concession catering services - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Concession catering services - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Service
      • Exhibit 42: Market opportunity by Service ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 43: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 45: Chart on Comparison by Application
      • Exhibit 46: Data Table on Comparison by Application
    • 7.3 Corporate catering - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Corporate catering - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Data Table on Corporate catering - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Chart on Corporate catering - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Corporate catering - Year-over-year growth 2022-2027 (%)
    • 7.4 Wedding catering - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Wedding catering - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Wedding catering - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Wedding catering - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Wedding catering - Year-over-year growth 2022-2027 (%)
    • 7.5 Social event catering - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Social event catering - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Data Table on Social event catering - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Chart on Social event catering - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Social event catering - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Application
      • Exhibit 63: Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 101: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 102: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 103: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 109: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 112: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 113: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 114: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 115: Matrix on vendor position and classification
            • 12.3 Aramark
              • Exhibit 116: Aramark - Overview
              • Exhibit 117: Aramark - Business segments
              • Exhibit 118: Aramark - Key offerings
              • Exhibit 119: Aramark - Segment focus
            • 12.4 bartlett mitchell Ltd.
              • Exhibit 120: bartlett mitchell Ltd. - Overview
              • Exhibit 121: bartlett mitchell Ltd. - Product / Service
              • Exhibit 122: bartlett mitchell Ltd. - Key offerings
            • 12.5 CH and Co Catering Group Ltd
              • Exhibit 123: CH and Co Catering Group Ltd - Overview
              • Exhibit 124: CH and Co Catering Group Ltd - Product / Service
              • Exhibit 125: CH and Co Catering Group Ltd - Key news
              • Exhibit 126: CH and Co Catering Group Ltd - Key offerings
            • 12.6 Delaware North Companies Inc.
              • Exhibit 127: Delaware North Companies Inc. - Overview
              • Exhibit 128: Delaware North Companies Inc. - Product / Service
              • Exhibit 129: Delaware North Companies Inc. - Key offerings
            • 12.7 Deutsche Lufthansa AG
              • Exhibit 130: Deutsche Lufthansa AG - Overview
              • Exhibit 131: Deutsche Lufthansa AG - Business segments
              • Exhibit 132: Deutsche Lufthansa AG - Key news
              • Exhibit 133: Deutsche Lufthansa AG - Key offerings
              • Exhibit 134: Deutsche Lufthansa AG - Segment focus
            • 12.8 Dine Contract Catering Ltd.
              • Exhibit 135: Dine Contract Catering Ltd. - Overview
              • Exhibit 136: Dine Contract Catering Ltd. - Product / Service
              • Exhibit 137: Dine Contract Catering Ltd. - Key offerings
            • 12.9 DO and CO Aktiengesellschaft
              • Exhibit 138: DO and CO Aktiengesellschaft - Overview
              • Exhibit 139: DO and CO Aktiengesellschaft - Business segments
              • Exhibit 140: DO and CO Aktiengesellschaft - Key offerings
              • Exhibit 141: DO and CO Aktiengesellschaft - Segment focus
            • 12.10 DoorDash Inc.
              • Exhibit 142: DoorDash Inc. - Overview
              • Exhibit 143: DoorDash Inc. - Product / Service
              • Exhibit 144: DoorDash Inc. - Key offerings
            • 12.11 Elior Group SA
              • Exhibit 145: Elior Group SA - Overview
              • Exhibit 146: Elior Group SA - Product / Service
              • Exhibit 147: Elior Group SA - Key offerings
            • 12.12 Entier Ltd.
              • Exhibit 148: Entier Ltd. - Overview
              • Exhibit 149: Entier Ltd. - Product / Service
              • Exhibit 150: Entier Ltd. - Key offerings
            • 12.13 Fairfax Meadow Europe Ltd.
              • Exhibit 151: Fairfax Meadow Europe Ltd. - Overview
              • Exhibit 152: Fairfax Meadow Europe Ltd. - Product / Service
              • Exhibit 153: Fairfax Meadow Europe Ltd. - Key offerings
            • 12.14 Fooditude Ltd.
              • Exhibit 154: Fooditude Ltd. - Overview
              • Exhibit 155: Fooditude Ltd. - Product / Service
              • Exhibit 156: Fooditude Ltd. - Key offerings
            • 12.15 gategroup Holding AG
              • Exhibit 157: gategroup Holding AG - Overview
              • Exhibit 158: gategroup Holding AG - Business segments
              • Exhibit 159: gategroup Holding AG - Key offerings
              • Exhibit 160: gategroup Holding AG - Segment focus
            • 12.16 ISS AS
              • Exhibit 161: ISS AS - Overview
              • Exhibit 162: ISS AS - Business segments
              • Exhibit 163: ISS AS - Key news
              • Exhibit 164: ISS AS - Key offerings
              • Exhibit 165: ISS AS - Segment focus
            • 12.17 The Emirates Group
              • Exhibit 166: The Emirates Group - Overview
              • Exhibit 167: The Emirates Group - Business segments
              • Exhibit 168: The Emirates Group - Key offerings
              • Exhibit 169: The Emirates Group - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 170: Inclusions checklist
                • Exhibit 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 173: Research methodology
                • Exhibit 174: Validation techniques employed for market sizing
                • Exhibit 175: Information sources
              • 13.5 List of abbreviations
                • Exhibit 176: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
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              Catering Services market growth will increase by $103.28 billion during 2023-2027.
              The catering services market is expected to grow at a CAGR of 5.46% during 2023-2027.
              Technavio has segmented the catering services market by service (Contract catering services and Concession catering services) ,application (Corporate catering, Wedding catering, Social event catering, and Others) , and geography (APAC, North America, Europe, Middle East and Africa, and South America).
              Aramark, bartlett mitchell Ltd., Caterlink Ltd., CH and Co Catering Group Ltd, Delaware North Companies Inc., Deutsche Lufthansa AG, Dine Contract Catering Ltd., DO and CO Aktiengesellschaft, DoorDash Inc., Elior Group SA, Entier Ltd., Fairfax Meadow Europe Ltd., Fooditude Ltd., gategroup Holding AG, ISS AS, Newrest Group International SAS, Pret A Manger, rhubarb Food Design Ltd., SAVORY Inc, The Emirates Group are a few of the key vendors in the catering services market.
              APAC will register the highest growth rate of 46.52% among the other regions. Therefore, the catering services market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the catering services market growth are:
              • Increasing popularity of online catering
              • Marketing initiatives
              The catering services market vendors should focus on grabbing business opportunities from the contract catering services segment as it accounted for the largest market share in the base year.
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