Catering Services And Food Contractors Global Market Report 2018

Catering Services And Food Contractors Global Market Report 2018
Starting Price : $ 4000.00 | Pages : 125 | Published : February 2018

SKU CODE : 3270 | Format :

The catering services and food contractor’s industry offers food services per single event or on a contractual basis. Such establishments include banquet halls with catering services, caterers, airline food service caterers, canteen catering services and contractual caterers. This industry does not include food vending machines and mobile food services (food trucks) and renting of non-residential buildings without food catering services.

Asia Pacific was the largest region in the catering services and food contractors market in 2017, accounting for 75% market share. This was mainly due a to large number of businesses in countries like India, Japan and China availing food catering services for their employees, and other events. North America was the second largest region accounting for 7% market share. Eastern Europe was the smallest region accounting for 1% market share.

Delivering surplus and leftover food to the homeless and needy is increasingly popular among catering services and food service contractors. According to the Environmental Protection Agency the USA has about 35 million tons of leftover food yearly with 48 million Americans living in food-insecure households. To tackle this, Starbucks is planning to provide around 5 million meals to food banks in the USA instead of throwing the food away. This figure is expected to grow to 50 million meals in the next five years. In Australia, Australian airlines donate surplus food to homeless people. Historically the leftover food was burnt after the completion of every flight, but now Australian airlines is delivering surplus and leftover food to charity organisations.

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