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Catering Services And Food Contractors Global Market Report 2019

Starting Price : $ 4000.00 | Pages : 300 | Published : January 2019 | SKU CODE : 5346 | Format :


Catering Services And Food Contractors Market Characteristics

The catering services and food contractors market consists of sales of single event-based food services or food services at institutional, governmental, commercial, or industrial locations of others based on contractual arrangements with these types of organizations for a specified period of time by entities (organizations, sole traders and partnerships) that provide single event-based food services or food services at institutional, governmental, commercial, or industrial locations of others based on contractual arrangements with these types of organizations for a specified period of time.

Competitive Landscape of the Catering Services And Food Contractors Market

Major players in the global Catering Services And Food Contractors market include Compass Group plc, Sodexo, Aramark Corporation, Elior Group, Delaware North

Catering Services And Food Contractors Market Size

The catering services and food contractors market size is expected to reach $1.7 trillion by 2022, significantly growing at a CAGR of around 8% during the forecast period. The growth in the catering services and food contractors’ market is due to increase in In Disposable Income, Advances In Technology and Growth In The Airline Industry

However, the market for catering services and food contractors is expected to face certain restraints from several factors such as increasing preference for healthy food options, increasing preference for healthy food options and logistic challenges

Catering Services And Food Contractors Market Segmentation

The global catering services and food contractors market is further segmented based on type and geography.
By Type - The catering services and food contractors’ market is segmented into Food Service Contractors and Catering Services among these segments, food service contractors market accounts for the largest share in the global Catering Services And Food Contractors market.
By Geography - The global catering services and food contractors is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the global catering services and food contractors’ market.
Trends in the Catering Services And Food Contractors Market
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. Potential Opportunities in the Catering Services And Food Contractors Market With increase in government initiatives, food services in commercial establishments, emerging markets the scope and potential for the global catering services and food contractors’ market is expected to significantly rise in the forecast period.

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Organic Meals for the Increasing Number of Health Conscious Consumers.
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