THE CONTRACT CATERING MARKET SIZE IS EXPECTED TO REACH AROUND USD 264 BILLION BY 2023, GROWING AT A CAGR OF APPROXIMATELY 5% DURING THE FORECAST PERIOD

The contract catering market offers an analysis of market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by

  • Industry: B&I, Education, Healthcare, Senior Care, and Others
  • Contract type: Fixed Price, Cost-Plus, and Others
  • Geography: North America, Europe, APAC, and ROW

Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018– 2023

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Most Exhaustive Report

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212 Pages

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23 Tables

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67 Charts

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4 Regions

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11 Countries

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25 Companies

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3 Market Segment

CONTRACT CATERING MARKET REPORT SCOPE

Report Attribute Details
MARKET SIZE USD 264 BILLION (2023)
CAGR 5% (2017-2023)
BASE YEAR 2017
FORECAST YEAR 2018-2024
MARKET SEGMENTS Industry (B&I, education, healthcare, senior care, and others), by contract type (fixed price, cost-plus, and others)
GEOGRAPHIC SEGMENTS North America, Europe, APAC, and ROW
COUNTRIES COVERED Japan, China, India, US, Canada, France, UK, Italy, Turkey, Brazil, and Mexico

MARKET INSIGHTS 

The global contract catering market is expected to reach $264 billion by 2023, growing at a CAGR of 5% from 2018 to 2023.  The constantly changing dynamics of the modern workforce and the insatiable appetite for different types of cuisines are some of the major factors attributing to the growth of the global contract catering market. The growth of safety regimes, the creation of added value, and the adoption of technologies will help vendors overcome operational challenges in the global market. The increasing focus on overhauling menus, harmonizing the ambiance, digitalizing the experience, and paying extra attention to the little details will help companies with addressing dissatisfaction and other challenges in the service industry. The leading companies are focusing on the increasing interrelation of nutrition and productivity and adopting these services in the global market. The rapid proliferation of internet services that have resulted in 15-minute deliveries, access to unimaginable choices, and diverse plates is augmenting a drastic shift in the food and beverage industry. The increasing requirement for a more streamlined and transparent food service will help vendors tap into the new business avenues in the global market. The rising requirement for hospitality and fine dining as a client relationship and business development tool for entertaining guests will help boost revenues in the global contract catering market.

The top vendors are offering flexibility through new service models that leverage an on-demand online system and ad-hoc workplace food offer minus the requirement for on-site facilities and services to gain a larger market share. The caterers are implementing predictive analytics to improve the operational efficiency of catering services, reduce wastage, and speed up the procurement cycle in the market. 

Contract Catering Market - Dynamics

The vendors are leveraging digital technologies to enhance the consumers’ food journeys and boost their revenues in the global contract catering market. The exponential proliferation of 4G, RFID, mobile apps, and smartphones is changing the way food is delivered at the customer’s table in the market. Various catering companies are using technologies to provide customers with more information, customized orders, and shorter waiting times. The vendors are focusing on creating rewarding and memorable experiences, and offering greater convenience, choice, and accessibility to the customer thereby, boosting customer loyalty and engagement in the global market. Self-service kiosks, round-the-clock access to good, quality food, and superior retail experience by using innovative vending machines will transform the market over the next few years. Companies are integrating securely connecting technologies, implementing automation, offering consumers control over the buying process, and reducing the snags and obstacles in services to attract new consumers. Digital technologies will transform the global contract catering market over the next few years.

SEGMENTATION ANALYSIS 

This market research report includes a detailed segmentation of the market by industry, contract type, and geography.

BY INDUSTRY

Demand for health-food and fresh produce in the B&I sector to drive the growth in the global contract caring market

The global contract catering market by industry is segmented into B&I, education, healthcare, senior care, and others. B&I industry dominated 1/3rd of the total market share in 2017, growing at a CAGR of more than 4% during the forecast period. The diverse social and work lifestyles, the perception of the fast-casual dining, engagement of customers, and workplace trends are some of the factors influencing the use of these services in this market segment. The introduction of varied menu concepts which includes healthy meals, fresh produce, and quality ingredients will boost the adoption of corporate catering services. The concept of live food prep counters and bars serving spirits, cocktails, nitro beer, mocktails, and other drinks are gaining immense popularity in this market segment. Education and healthcare segments are also focusing on the quality of the food and food safety measures in the market. These segments are looking forward to offering attractive, high nutrient food menus, restaurant-style menus, grab and go concepts, room service, on-demand dining, vending options, and hybrid models in the global contract catering market.

BY CONTRACT TYPE

Customer satisfaction will be the main priority of fixed-price contracts in the global contract caring market during the forecast period

The contract type in the global contract catering market is classified into fixed-price, cost-plus, and others. Fixed priced contracts occupied the largest market share in 2017, growing at a CAGR of approximately 5% during the forecast period. The contractors are focusing on customer satisfaction and standards. The growing demand for next-level services is increasing the complexity of these agreements in the global market. Vendors are getting innovative by using uncommon cuts of meat and other foods and simplifying menus wherever possible. Boxing more items on the menu will enable companies to boost their sales and revenues. The fixed cost per head version is gaining immense popularity in the education and healthcare sector in the global contract catering market. The launch of smart refrigerators, personalized meals, and collaborative foodservice companies are associated with cost-plus service agreements in the market. The focus on consistency of quality and service is expected to revolutionize the cost-plus contracts in the global market.

BY GEOGRAPHY

Modernization of traditional dishes in APAC to drive the growth of food service in the global contract caring market

The global contract catering market by geography is divided into North America, Europe, APAC, and ROW. APAC dominated the majority of the market share in 2017, growing at a CAGR of approximately 6% during the forecast period. The new trend towards quick and healthy eating is one of the key drivers of the APAC market. The growing demand for modern versions of traditional dishes and western options constituting the likes of salads and brews is propelling the growth for foodservice in the APAC region. Japan, India, and China are the largest end-users of these revenues in the APAC market. The implementation of government initiatives driving the growth of small and micro businesses will have a positive impact on the overall industry in the APAC region. The bundling of facilities management services and the integration of digital media will drive the growth of the APAC contract catering market. Personalization, fast service, and convenience are some of the main factors attributing to the growth of the market in North America. The US contract catering market is the highest revenue generator in the region. In-house services and in-house chefs are gaining popularity in the European market and driving the demand for foodservice in the region.

The contract catering market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:

 Industry

  • B&I
  • Education
  • Healthcare
  • Senior Care
  • Others

Contract Type

  • Fixed Price
  • Cost-Plus
  • Other

Geography

  • APAC
    • Japan
    • China
    • India
  • North America
    • US
    • Canada
  • Europe
    • France
    • UK
    • Italy
  • ROW
    • Turkey
    • Brazil
    • Mexico

Frequently Asked Questions

What is the contract catering market size and growth forecast?

Contract catering market size is expected to reach values of around USD 264 billion by 2023 will grow at a CAGR of approximately 5% during the forecast period

What are the factors impacting the growth of the contract catering center market?

The growth of safety regimes, the creation of added value, and adoption of technologies will help vendors overcome operational challenges in the global market.

Who are the key players in the contract catering market?

The key players are Japan, China, India, US, Canada, France, UK, Italy, Turkey, Brazil, and Mexico

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The global contract catering market size is expected to reach values of around $264 billion by 2023, growing at a CAGR of approximately 5% 2017–2023.

The global contract catering market is driven by introducing the signature brand, limited-time menu offerings, and promotional items. The leading vendors are offering value additions such as employee support, training, and guaranteed service-level agreements to gain a larger market share. The market research report provides in-depth market analysis and segmental analysis of the global contract catering market by industry, contract type, and geography.

Base Year:  2017

Forecast Year: 2018–2023

The report considers the present scenario of the global contract catering market and its market dynamics for the period 2018−2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and several other prominent companies operating in the market.

Major Vendors in the Global Contract Catering Market

  • Compass Group
    • Business Overview
    • Major Service Offerings
    • Key Strengths
    • Key Strategies
    • Key Opportunities
  • Sodexo
  • Elior Group
  • Aramark Services
  • WSH

Prominent Players in the Global Contract Catering Market

  • ABM Catering Solutions
    • Business Overview
    • Service Offerings
    • Key Strengths
    • Key Strategies
  • Amadeus Food
  • Atalian Servest
  • Barlett Mitchell
  • Blue Apple Catering
  • Camst
  • Caterleisure Group
  • CH & CO Catering
  • CIR Food
  • Connect
  • Dine Contract Catering
  • Fazer Food Services
  • The Genuine Dining Co.
  • Interserve Catering
  • ISS World Services
  • Mitie Catering Services
  • OCS Group
  • Olive Catering Services
  • SV Group
  • Vacherin

Market Segmentation by Industry

  • B&I
  • Education
  • Healthcare
  • Senior Care
  • Others

Market Segmentation by Contract Type

  • Fixed Price
  • Cost-Plus
  • Other

Market Segmentation by Geography

  • APAC
    • Japan
    • China
    • India
  • North America
    • US
    • Canada
  • Europe
    • France
    • UK
    • Italy
  • ROW
    • Turkey
    • Brazil
    • Mexico

1 Research Methodology

2 Research Objectives

3 Research Process

4 Report Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope of Study

4.3.1 Market Segmentation by Contract Type

4.3.2 Market Segmentation by Industry

4.3.3 Market Segmentation by Geography

5 Report Assumptions and Caveats

5.1 Key Caveats

5.2 Inclusions

5.3 Exclusions

5.4 Currency Conversion

5.5 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Overview

7.2 State Of Global Economy

7.3 Overview of Facilities Management Industry

7.4 Market Drivers in the FM Industry

7.4.1 Global regulatory and economic developments

7.4.2 Increasing involvement of enterprises in national and international contract procurement

7.4.3 Value-added services gain prominence

7.5 Trends affecting the FM Industry

7.5.1 Multi-generational workplace

7.5.2 Evolution of new workspaces and styles

7.5.3 Smart building and AI

7.5.4 Harnessing strategic insights to fuel decision-making

7.5.5 Robots and AI as a future workforce supplement

7.6 Foodservice Industry Outlook

7.6.1 Catering Service Types

7.6.2 Strategies for staying competitive

8 Contract Catering Market Dynamics

8.1 Contract Catering Market Growth Enablers

8.1.1 Growing popularity of FoodXWellbeing movement

8.1.2 Ongoing productivity and retention puzzle

8.1.3 Emergence of a new age of outsourcing facilities

8.1.4 Growth of integrated facilities management services

8.1.5 YOY Impact of Market Growth Enablers

8.2 Contract Catering Market Growth Restraints

8.2.1 Preference for street food and grab ‘n’ go outlets

8.2.2 Inconsistent food quality and hygiene management

8.2.3 Race for space

8.2.4 Recruitment crisis

8.2.5 YOY Impact of Market Growth Restraints

8.3 Contract Catering Market Opportunities and Trends

8.3.1 Waste not, want not

8.3.2 Enhancing customer journeys

8.3.3 The growth of fresh food subscriptions

8.3.4 Growing momentum of sustainable eating

8.3.5 YOY Impact of Market Opportunities and Trends

9 Global Contract Catering Market

9.1 Contract Catering Market Overview

9.1.1 Market Size and Forecast

9.2 Porter’s Five Forces Analysis

9.2.1 Threat of New Entrants

9.2.2 Bargaining Power of Suppliers

9.2.3 Bargaining Power of Buyers

9.2.4 Threat of Substitutes

9.2.5 Competitive Rivalry

10 Market By Industry Served

10.1 Market Overview

10.2 Global Contract Catering Market by B&I

10.2.1 Market Size & Forecast

10.3 Global Contract Catering Market by Education

10.3.1 Market Size & Forecast

10.4 Global Contract Catering Market by Healthcare

10.4.1 Market Size & Forecast

10.5 Global Contract Catering Market by Senior Care

10.5.1 Market Size & Forecast

10.6 Global Contract Catering Market by Others

10.6.1 Market Size & Forecast

11 Market by Contract Type

11.1 Market Overview

11.1.1 Fixed Price Contracts

11.1.2 Cost-plus contracts

11.1.3 Others

11.2 Global Contract Catering Market by Fixed Price Contracts

11.2.1 Market Size & Forecast

11.3 Global Contract Catering Market by Cost-plus contracts

11.3.1 Market Size & Forecast

11.4 Global Contract Catering Market by Other Contracts

11.4.1 Market Size & Forecast

12 Market By Geography

13 APAC: Contract Catering Market

13.1 Market Size & Forecast

13.2 Key Countries

13.2.1 Japan: Market Size & Forecast

13.2.2 China: Market Size & Forecast

13.2.3 India: Market Size & Forecast

14 North America: Contract Catering Market

14.1 Market Size & Forecast

14.2 Key Countries

14.2.1 US: Market Size & Forecast

14.2.2 Canada: Market Size & Forecast

15 Europe: Contract Catering Market

15.1 Market Size & Forecast

15.2 Key Countries

15.2.1 France: Market Size & Forecast

15.2.2 UK: Market Size & Forecast

15.2.3 Italy: Market Size & Forecast

16 ROW: Contract Catering Market

16.1 Market Size & Forecast

16.2 Key Countries

16.2.1 Turkey: Market Size & Forecast

16.2.2 Brazil: Market Size & Forecast

16.2.3 Mexico: Market Size & Forecast

17 Competitive Landscape

17.1 market overview

18 Market Vendor Analysis

18.1 Market Ranking Analysis

19 Key Company Profiles

19.1 Compass Group

19.1.1 Business Overview

19.1.2 Major Service Offerings

19.1.3 Key Strengths

19.1.4 Key Strategies

19.1.5 Key Opportunities

19.2 Sodexo

19.2.1 Business Overview

19.2.2 Major Service Offerings

19.2.3 Key Strengths

19.2.4 Key Strategies

19.2.5 Key Opportunities

19.3 Elior Group

19.3.1 Business Overview

19.3.2 Major Service Offerings

19.3.3 Key Strengths

19.3.4 Key Strategies

19.3.5 Key Opportunities

19.4 Aramark

19.4.1 Business Overview

19.4.2 Major Service Offerings

19.4.3 Key Strengths

19.4.4 Key Strategies

19.4.5 Key Opportunities

19.5 WSH

19.5.1 Business Overview

19.5.2 Major Service Offerings

19.5.3 Key Strengths

19.5.4 Key Strategies

19.5.5 Key Opportunities

20 Other Prominent Vendors

20.1 ABM Catering Solutions

20.1.1 Business Overview

20.1.2 Service Offerings

20.1.3 Key Strengths

20.1.4 Key Strategies

20.2 Amadeus Food

20.2.1 Business Overview

20.2.2 Service Offerings

20.2.3 Key Strengths

20.2.4 Key Strategies

20.3 Atalian Servest

20.3.1 Business Overview

20.3.2 Service Offerings

20.3.3 Key Strengths

20.3.4 Key Strategies

20.4 Barlett Mitchell

20.4.1 Business Overview

20.4.2 Service Offerings

20.4.3 Key Strengths

20.4.4 Key Strategies

20.5 Blue Apple Catering

20.5.1 Business Overview

20.5.2 Service Offerings

20.5.3 Key Strengths

20.5.4 Key Strategies

20.6 Camst

20.6.1 Business Overview

20.6.2 Service Offerings

20.6.3 Key Strengths

20.6.4 Key Strategies

20.7 Caterleisure Group

20.7.1 Business Overview

20.7.2 Service Offerings

20.7.3 Key Strengths

20.7.4 Key Strategies

20.8 CH&CO Catering

20.8.1 Business Overview

20.8.2 Service Offerings

20.8.3 Key Strengths

20.8.4 Key Strategies

20.9 CIR food

20.9.1 Business Overview

20.9.2 Service Offerings

20.9.3 Key Strengths

20.9.4 Key Strategies

20.1 Connect

20.10.1 Business Overview

20.10.2 Service Offerings

20.10.3 Key Strengths

20.10.4 Key Strategies

20.11 Dine Contract Catering

20.11.1 Business Overview

20.11.2 Service Offerings

20.11.3 Key Strengths

20.11.4 Key Strategies

20.12 Fazer Food Services

20.12.1 Business Overview

20.12.2 Service Offerings

20.12.3 Key Strengths

20.12.4 Key Strategies

20.13 The Genuine Dining Co

20.13.1 Business Overview

20.13.2 Service Offerings

20.13.3 Key Strengths

20.13.4 Key Strategies

20.14 Interserve Catering

20.14.1 Business Overview

20.14.2 Service Offerings

20.14.3 Key Strengths

20.14.4 Key Strategies

20.15 ISS World Services

20.15.1 Business Overview

20.15.2 Service Offerings

20.15.3 Key Strengths

20.15.4 Key Strategies

20.16 Mitie Catering Services

20.16.1 Business Overview

20.16.2 Service Offerings

20.16.3 Key Strengths

20.16.4 Key Strategies

20.17 OCS Group

20.17.1 Business Overview

20.17.2 Service Offerings

20.17.3 Key Strengths

20.17.4 Key Strategies

20.18 Olive Catering Services

20.18.1 Business Overview

20.18.2 Service Offerings

20.18.3 Key Strengths

20.18.4 Key Strategies

20.19 SV Group

20.19.1 Business Overview

20.19.2 Service Offerings

20.19.3 Key Strengths

20.19.4 Key Strategies

20.20 Vacherin

20.20.1 Business Overview

20.20.2 Service Offerings

20.20.3 Key Strengths

20.20.4 Key Strategies

21 Report Summary

21.1 Key Takeaways

21.2 Strategic Recommendations

21.3 Qualitative Summary

21.4 Quantitative Summary

21.4.1 Market Size

22 Appendix

22.1 Abbreviations

List of Exhibits       

Exhibit 1         Segmentation of Global Contract Catering Market

Exhibit 2         Market Size Calculation Approach 2017

Exhibit 3         Defining Elements in the Global Contract Catering Market

Exhibit 4         GDP Growth in Advanced Economies, Emerging Markets and Developing Economies, and Global Market 2010−2023 (annual % change)

Exhibit 5         Global GDP Growth 2017 (annual % change)

Exhibit 6         Evolution of Facilities Management

Exhibit 7         IFS Share of Total Facilities Services 2017

Exhibit 8         IFS Trends 2017

Exhibit 9         FoodXWellbeing and Work: Global and UK Statistics 2017

Exhibit 10       Global Employee Engagement and Retention Statistics 2017/2018

Exhibit 11       Time Spent on Picking up Meals 2017

Exhibit 12       Outsourcing Models for Facility Services Likely to be Used in the Private Sector 2017

Exhibit 13       Global Service Integration and Outsourcing Penetration 2017

Exhibit 14       Global Street Food and Grab ‘n’ Go Trends and Statistics 2017

Exhibit 15       Overview of Food Waste and Reduction Strategies 2017

Exhibit 16       Omnico’s Catering Solutions

Exhibit 17       Global Contract Catering Market 2017−2023 ($ billion)

Exhibit 18       Contract Catering Cost Structure

Exhibit 19       Five Forces Analysis 2017

Exhibit 20       Global Market by Industry Served 2017 & 2023

Exhibit 21       Global Market by Industry ($ billion)

Exhibit 22       Global Contract Catering Market by Industry 2017 & 2023

Exhibit 23       Global Market Growth Comparison by Industry 2017–2023

Exhibit 24       Global Market by B&I Industry 2017–2023 ($ billion)

Exhibit 25       Global Contract Catering Market by Education Industry 2017–2023 ($ billion)

Exhibit 26       Global Market by Healthcare Industry 2017–2023 ($ billion)

Exhibit 27       Global Market by Senior Care Industry 2017–2023 ($ billion)

Exhibit 28       Global Market by Other Industries 2017–2023 ($ billion)

Exhibit 29       Global Market by Contract Type 2017 & 2023

Exhibit 30       Global Market by Contract Type ($ billion)

Exhibit 31       Global Market by Contract Type 2017

Exhibit 32       Global Market Growth Comparison by Contract Type 2017–2023

Exhibit 33       Global Contract Catering Market by Fixed Price Contracts 2017–2023 ($ billion)

Exhibit 34       Global Market by Cost-plus Contracts 2017–2023 ($ billion)

Exhibit 35       Global Contract Catering Market by Other Contracts 2017–2023 ($ billion)

Exhibit 36       Global Market by Geography ($ billion)

Exhibit 37       Global Market by Geography 2017

Exhibit 38       Global Contract Catering Market by Geography 2023

Exhibit 39       Global Market Growth Comparison by Geography 2017–2023

Exhibit 40       Market in APAC 2017–2023 ($ billion)

Exhibit 41       Key Countries in Contract Catering Market in APAC Region

Exhibit 42       Market in Japan 2017–2023 ($ billion)

Exhibit 43       Market in China 2017–2023 ($ billion)

Exhibit 44       Market in India 2017–2023 ($ billion)

Exhibit 45       Market in North America 2017–2023 ($ billion)

Exhibit 46       Key Countries in Market in North America

Exhibit 47       Number of Spots in an Employee’s Lunch Rotation in the US 2017

Exhibit 48       Lunch at Workplace Statistics in the US 2017

Exhibit 49       Market in US by Industry Served 2017

Exhibit 50       Market in US 2017–2023 ($ billion)

Exhibit 51       Market Share in Canada by Region 2017

Exhibit 52       Market in Canada by Industry Served 2017

Exhibit 53       Market in Canada 2017–2023 ($ billion)

Exhibit 54       Market in Europe 2017–2023 ($ billion)

Exhibit 55       Key Countries in Market in Europe

Exhibit 56       Market in France 2017–2023 ($ billion)

Exhibit 57       Market in France by Industry 2017

Exhibit 58       Market in UK 2017–2023 ($ billion)

Exhibit 59       Statistics in the UK 2017

Exhibit 60       Market in Italy 2017–2023 ($ billion)

Exhibit 61       Market in Italy by Industry Served 2017

Exhibit 62       Market in ROW 2017–2023 ($ billion)

Exhibit 63       Key Countries in Market in ROW

Exhibit 64       Market in Turkey 2017–2023 ($ billion)

Exhibit 65       Market in Brazil 2017–2023 ($ billion)

Exhibit 66       Market in Mexico 2017–2023 ($ billion)

Exhibit 67       Value Sought by Clients 2017

           

List  Of Tables        

Table 1            Key Geographies Definition

Table 2            Key Caveats

Table 3            Currency Conversion 2013−2017

Table 4            Growth of Facilities Services versus Integrated Facilities Services Across Various Geographies 2017

Table 5            YOY Impact of Market Growth Enablers 2017−2023

Table 6            YOY Impact of Contract Catering Market Growth Enablers on Regions 2017

Table 7            YOY Impact of Market Growth Restraints 2017−2023

Table 8            YOY Impact of Contract Catering Market Growth Restraints on Regions 2017

Table 9            YOY Impact of Market Opportunities and Trends 2017−2023

Table 10         YOY Impact of Market Opportunities and Trends on Regions 2017−2023

Table 11         Key Market Success Factors

Table 12         Market Ranking Analysis 2017

Table 13         Compass Group: Service Offerings

Table 14         Sodexo: Service Offerings

Table 15         Elior Group: Service Offerings

Table 16         Aramark: Service Offerings

Table 17         WSH: Service Offerings

Table 18         Camst: Adherence to Standards

Table 19         Qualitative Summary of Global Contract Catering Market

Table 20         Global Contract Catering Market by Contract Type ($ billion)

Table 21         Global Contract Catering Market by Contract Type (%)

Table 22         Global Contract Catering Market by Industry Served ($ billion)

Table 23         Global Contract Catering Market by Industry Served (%)

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