US CONTRACT CATERING MARKET SIZE IS EXPECTED TO REACH VALUES OF AROUND USD 63 BILLION BY 2023, GROWING AT A CAGR OF MORE THAN 4% DURING THE FORECAST PERIOD

US contract catering market offers analysis on 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, sports & leisure, and others), by contract type (fixed price, cost-plus, and others), by delivery (IFM and single service), and by the facility (on-premise and on and off-premise) Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018– 2023

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198 Pages

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20 Tables

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68 Charts

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1 Regions

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1 Countries

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19 Companies

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4 Market Segment

US CONTRACT CATERING MARKET REPORT SCOPE

Report Attribute Details
MARKET SIZE (REVENUE) USD 63 BILLION (2023)
CAGR 4% (2028-2023)
BASE YEAR 2017
FORECAST YEAR 2018-2023
MARKET SEGMENTS Industry (B&I, education, healthcare, senior care, sports & leisure, and others), by contract type (fixed price, cost-plus, and others), by delivery (IFM and single service), and by the facility (on-premise and on and off-premise)
GEOGRAPHIC ANALYSIS United States
COUNTRIES COVERED United States

INDUSTRY INSIGHTS

The drastic changes in which companies and institutions alike are looking for initiatives that enable them to focus their energy and resources on their core capabilities and goals are augmenting the growth of US contract catering market. The leading caterers are offering overhauling menus, harmonizing the ambiance, digitalizing the experience, and paying extra attention to the little details to increase consumer satisfaction and gain a large market share. The companies are providing value-added services and offerings, and the adopting cutting-edge technologies to improve the overall consumer experience in the US market. The growing requirement to change with the modern workforce and provide a board range of services will augment the development of the US market. The revamping of the nutritional regulations on items such as whole grains and sodium will encourage vendors to offer healthy food options to its consumers in the market. The trend towards nutrition education, the introduction of mall and food court-like food, and feedback gathering will help boost revenues in the US market. The dining apps are becoming a part of menu evaluation across campuses in the US and are allowing students to track calories and evaluate menus across campus in real time. The launch of the “better-for-you” movement will drive the transformation of the US contract catering market.

The focus on innovation and new approaches will help contract caterers attract a large number of consumers in the US market. Companies are offering a complete dining experience with fresh, customized meals in the morning and afternoon to meet dynamic consumer requirements in the market. 

US Contract Catering Market - Dynamics

The rise in the fresh food subscription model is expected to revolutionize the US contract catering market over the next few years. The recent trend of home meal kits or fresh food subscriptions will create lucrative opportunities for leading vendors operating in this market. Companies such as Guckenheimer, Aramark, and Sodexo are offering home meal replacement programs which have evolved into fresh food subscription services considering the health trends in the market. The foodservice operators are providing cook-from-scratch fresh foods, customization, and options for special diet meals such as vegan, vegetarian, low carb and caloric meals to attract a maximum number of consumers in the US market. The strategy of locally sourced ingredients that support local communities and make grab n’ go outlets will promote goals of sustainability and offer convenience to several vendors in the market. Furthermore, the installation of high-tech fridges that enable self-service takeaway meals will transform the US contract catering market.

US Contract Catering Market - Segments

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

US CONTRACT CATERING MARKET – BY INDUSTRY

Sustainability measures and efforts to reduce carbon footprint in the B&I sector will fuel the growth of the US contract catering market

The US contract catering market by industry is segmented into B&I, education, healthcare, senior care, sports & leisure, and others. B&I industry dominated the largest market share in 2017, growing at a CAGR of over 3% during the forecast period. The increasing focus on sustainability, food wastage, consumer health, product procurements, cost, and customer service are some of the factors attributing to the growth of this segment in the global market. The development of in-office catering or fast-casual philosophies is used by catering companies to attract corporate tenants in the US market. The implementation of digital technologies that enable touchscreen ordering equipped with audio navigation bars will revolutionize the US contract catering market. The foodservice operators in the education sector are enhancing the dining experience along with promoting nutrition education, health, and wellness to boost their revenues in the US market. The incorporation of seasonal and local food, sourcing more fair trade, organic, and sustainable vegetarian meals in the healthcare sector will transform the market.

US CONTRACT CATERING MARKET – BY CONTRACT TYPE

Innovations in the product offering and simplification of menus in fixed-priced contracts to drive the US contract catering market

The contract type in the US contract catering market is classified into fixed price, cost-plus, and others. The fixed-price segment occupied majority of the market share in 2017, growing at a CAGR of around 4% during the forecast period. The growing demanding next-level service and improvement in the quality of food is propelling the demand for these services in the US market. The catering trend towards seasonality in the menu wherein both the operator and customer benefits from the quality of the food will create a positive impact on the development of this sector in the market. The vendors are becoming innovative by using uncommon cuts of meat, other foods, and simplifying menus to gain a larger US contract catering market share. The increasing dependency on automation and feedback collection is driving the demand for technologies and boosting the growth of the cost-plus segment in the market. The concepts such as 24-hour service and franchising of high street brands are augmenting the demand for nil subsidy contracts in the US market.

US CONTRACT CATERING MARKET – BY DELIVERY

Need for cohesive delivery of services to drive the demand for IFM deliveries in the US contract catering market

The US contract catering market by delivery is categorized into IFM and single service. IFM delivery segment dominated the majority market share in 2017, growing at a CAGR of more than 4% during the forecast period. The growing demand for the strategic support that takes the responsibility of providing a cohesive delivery of services, managing operations, and administration is contributing to the growth of this segment in the market. IFM allows for sustained price reductions, and the possibilities of achieving more with less through a streamlined approach are thus gaining awareness and recognition. The evolution of new network delivery models and the demand for smoother transitions between services will boost the demand for IFM deliveries in the US market. The growing need for resources and personalized services from mid-sized companies will propel the growth of this segment in the US market.

US CONTRACT CATERING MARKET – BY FACILITY

Self-service on-premise foodservices to lead the revolution in the US contract catering market during the forecast period

The facility segment in the US contract catering market is divided into on-premise and on and off-premise. The on-premise segment occupied more than half of the market share in 2017, growing at a CAGR of around 4% during the forecast period. The growing demand for variety, self-service options, the addition of new branded concepts, and multiple facilities are some of the primary factors attributing to the growth of this segment in the US market. The evolution of technology is facilitating the development of multi-functional appliances, internet and WiFi-enabled equipment and mobile technology, self-diagnostics, and performance tracking software, thereby, boosting the revenues of the on-premise facilities in the US market. The demand for a more flexible dining and diverse fare, new formats, chef-led events, and customize foodservice to engage consumers will drive the development of the on and off-premise facility in the US market.

The US contact 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
  • Sports & Leisure
  • Senior Care
  • Others

Contract Type

  • Fixed Price
  • Cost-Plus
  • Other

Delivery

  • IFM
  • Single Service

Facility

  • On-Premise
  • On and Off-Premise



Frequently Asked Questions

What is the US Contract Catering market size and growth forecast?

The US contract catering market size is expected to reach values of around USD 63 billion by 2023, growing at a CAGR of more than 4% during the forecast period.

What are the factors impacting the growth of the US Contract Catering market?

The drastic changes in which companies and institutions alike are looking for initiatives that enable them to focus their energy and resources on their core capabilities and goals are augmenting the growth of US contract catering market.

Who are the key players in the US contract catering market?

The key players are Compass Group, Sodexo, Aramark Services, Delaware North, and Elior Group

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The US contract catering market size is expected to reach values of around $63 billion by 2023, growing at a CAGR of more than 4% 2017–2023.

The US contract catering market is driven by the demand for round-the-clock access to high-quality food on a work day. The emergence of sophisticated palates and desire for variety is fueling the need to offer multiple dining options in the US market. The market research report provides in-depth market analysis and segmental analysis of the US contract catering market by industry, contract type, delivery, and facility.

Base Year:                  2017

Forecast Year:           2018–2023

The report considers the present scenario of the US 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 US Contract Catering Market

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

Prominent Players in the US Contract Catering Market

  • American Dining Creations
    • Business Overview
    • Service Offerings
    • Key Strengths
    • Key Strategies
  • Atalian Servest
  • CIR Food
  • Continental
  • Gourmet Services
  • Guest Services
  • ISS World Services
  • Nexdine
  • Parkhurst Dining Solutions
  • Quest Food Management Services
  • Taher
  • Thompson Hospitality
  • The Nutrition Group
  • Whitsons Culinary Group

Market Segmentation by Industry

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

Market Segmentation by Contract Type

  • Fixed Price
  • Cost-Plus
  • Other

Market Segmentation by Delivery

  • IFM
  • Single Service

Market Segmentation by Facility

  • On-Premise
  • On and Off-Premise

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 Delivery
4.3.4    Market Segmentation by Facility
 

5    Report Assumptions and Caveats
5.1    Key Caveats
5.2    Inclusions
5.3    Exclusions
5.4    Currency Conversion
5.5    Market Derivation
 

6    US Contract Catering Market at a Glance
7    Introduction

7.1    Overview
7.2    State of the  US Economy
7.3    State of the US Healthcare


8    Overview of FM Industry
8.1    Market Drivers in FM Industry
8.1.1    Regulatory and economic developments
8.1.2    Increasing involvement of enterprises in national and international contract procurement
8.1.3    Value-added services gain prominence
8.2    Trends affecting the FM Industry
8.2.1    Multi-generational workplace
8.2.2    Evolution of new workspaces and styles
8.2.3    Smart buildings and AI
8.2.4    Harnessing strategic insights to fuel decision-making
8.2.5    Robots and AI as a future workforce supplement
8.3    Foodservice Industry Outlook
8.3.1    Catering Service Types
8.3.2    Strategies for staying competitive
8.4    The Customer Paradigm
8.4.1    Generation Z
8.4.2    Millennials
8.4.3    Baby Boomers
8.5    On the Menu


9    US Contract Catering Market Dynamics
9.1    US Contract Catering Market Growth Enablers
9.1.1    Growing popularity of FoodXWellbeing movement
9.1.2    Ongoing productivity and retention puzzle
9.1.3    Emergence of a new age of outsourcing facilities
9.1.4    Rise of “Eatertainment”
9.1.5    YOY Impact of Market Growth Enablers
9.2    US Contract Catering Market Growth Restraints
9.2.1    Preference for street food and grab ‘n’ go outlets
9.2.2    Inconsistent food quality and hygiene management
9.2.3    Race for space
9.2.4    Recruitment crisis
9.2.5    Prevalence of lunch shaming
9.2.6    YOY Impact of Market Growth Restraints
9.3    US Contract Catering Market Opportunities and Trends
9.3.1    Waste not, want not
9.3.2    Enhancing customer journeys
9.3.3    Rise of fresh food subscriptions
9.3.4    Growing momentum of sustainable eating
9.3.5    Emergence of “free-from” menus
9.3.6    YOY Impact of Market Opportunities and Trends


10    Market in North America
10.1    Market Size & Forecast
 

11    US Contract Catering Market
11.1    US Contract Catering Market Size & Forecast
11.1.1    US Contract Catering Market Overview
11.2    Porter’s Five Forces Analysis
11.2.1    Threat of New Entrants
11.2.2    Bargaining Power of Suppliers
11.2.3    Bargaining Power of Buyers
11.2.4    Threat of Substitutes
11.2.5    Competitive Rivalry


12    US Contract Catering Market By Industry Served
12.1    Market Overview
12.2    US Contract Catering Market by B&I Industry
12.2.1    Market Size & Forecast
12.3    US Contract Catering Market by Education Industry
12.3.1    Market Size & Forecast
12.4    US Contract Catering Market by Healthcare Industry
12.4.1    Market Size & Forecast
12.5    US Contract Catering Market BY Senior Care Industry
12.5.1    Market Size & Forecast
12.6    US Contract Catering Market by Sports & Leisure Industry
12.6.1    Market Size & Forecast
12.7    US Contract Catering Market by Defense, Offshore & Remote industry
12.7.1    Market Size & Forecast


13    US Contract Catering Market By Contract Type
13.1    Market Overview
13.1.1    Fixed Price Contracts
13.1.2    Cost-plus contracts
13.1.3    Others
13.2    Fixed Price Contracts
13.2.1    Market Size & Forecast
13.3    Cost-plus contracts
13.3.1    Market Size & Forecast
13.4    Other Contracts
13.4.1    Market Size & Forecast


14    US Contract Catering Market By Delivery
14.1    Market Overview
14.2    IFM contracts
14.2.1    Market Size & Forecast
14.3    Single Service contracts
14.3.1    Market Size & Forecast


15    US Contract Catering Market By Facility
15.1    Market Overview
15.2    On-premise facilities
15.2.1    Market Size & Forecast
15.3    On and off-premise facilities
15.3.1    Market Size & Forecast


16    Competitive Landscape
16.1    Market Overview


17    Market Vendor Analysis
17.1    Market Ranking Analysis
 

18    Key Company Profiles
18.1    Compass Group
18.1.1    Business Overview
18.1.2    Major Service Offerings
18.1.3    Key Strengths
18.1.4    Key Strategies
18.1.5    Key Opportunities
18.2    Sodexo
18.2.1    Business Overview
18.2.2    Major Service Offerings
18.2.3    Key Strengths
18.2.4    Key Strategies
18.2.5    Key Opportunities
18.3    Aramark
18.3.1    Business Overview
18.3.2    Major Service Offerings
18.3.3    Key Strengths
18.3.4    Key Strategies
18.3.5    Key Opportunities
18.4    Delaware North
18.4.1    Business Overview
18.4.2    Service Offerings
18.4.3    Key Strengths
18.4.4    Key Strategies
18.4.5    Key Strategies
18.5    Elior Group
18.5.1    Business Overview
18.5.2    Major Service Offerings
18.5.3    Key Strengths
18.5.4    Key Strategies
18.5.5    Key Opportunities


19    Other Prominent Vendors
19.1    American Dining Creations
19.1.1    Business Overview
19.1.2    Service Offerings
19.1.3    Key Strengths
19.1.4    Key Strategies
19.2    Atalian Servest
19.2.1    Business Overview
19.2.2    Service Offerings
19.2.3    Key Strengths
19.2.4    Key Strategies
19.2.5    Key Strategies
19.3    CIR food
19.3.1    Business Overview
19.3.2    Service Offerings
19.3.3    Key Strengths
19.3.4    Key Strategies
19.4    Continental
19.4.1    Business Overview
19.4.2    Service Offerings
19.4.3    Key Strengths
19.4.4    Key Strategies
19.5    Gourmet Services
19.5.1    Business Overview
19.5.2    Service Offerings
19.5.3    Key Strengths
19.5.4    Key Strategies
19.6    Guest Services
19.6.1    Business Overview
19.6.2    Service Offerings
19.6.3    Key Strengths
19.6.4    Key Strategies
19.7    ISS World Services
19.7.1    Business Overview
19.7.2    Service Offerings
19.7.3    Key Strengths
19.7.4    Key Strategies
19.8    Nexdine
19.8.1    Business Overview
19.8.2    Service Offerings
19.8.3    Key Strengths
19.8.4    Key Strategies
19.9    Parkhurst dining solutions
19.9.1    Business Overview
19.9.2    Service Offerings
19.9.3    Key Strengths
19.9.4    Key Strategies
19.10    Quest Food MAnagement Services
19.10.1    Business Overview
19.10.2    Service Offerings
19.10.3    Key Strengths
19.10.4    Key Strategies
19.11    Taher
19.11.1    Business Overview
19.11.2    Service Offerings
19.11.3    Key Strengths
19.11.4    Key Strategies
19.12    Thompson Hospitality
19.12.1    Business Overview
19.12.2    Service Offerings
19.12.3    Key Strengths
19.12.4    Key Strategies
19.13    The Nutrition Group
19.13.1    Business Overview
19.13.2    Service Offerings
19.13.3    Key Strengths
19.13.4    Key Strategies
19.14    Whitsons Culinary Group
19.14.1    Business Overview
19.14.2    Service Offerings
19.14.3    Key Strengths
19.14.4    Key Strategies


20    Report Summary
20.1    Key Takeaways
20.2    Strategic Recommendations
20.3    Qualitative Summary
20.4    Quantitative Summary
20.4.1    Market Size


21    Appendix
21.1    Abbreviations

List Of Exhibits   

Exhibit 1    Segmentation of US Contract Catering Market
Exhibit 2    Market Size Calculation Approach 2017
Exhibit 3    Defining Elements in the US Contract Catering Market
Exhibit 4    Change in Real GDP in US 2017−2023 (%)
Exhibit 5    Healthcare Costs Per Capita 2015 ($)
Exhibit 6    Total Health Expenditures of GDP by Public vs Private Spending 2015 (%)
Exhibit 7    Evolution of Facilities Management
Exhibit 8    IFS Share of Total Facilities Services 2017
Exhibit 9    IFS Trends 2017
Exhibit 10    Generation Z and Foodservice
Exhibit 11    Millennials and Foodservice
Exhibit 12    Baby Boomers and Foodservice
Exhibit 13    Beverage Consumption Statistics and Outlook for Foodservice 2017
Exhibit 14    Lunch Statistics and Outlook for Foodservice 2017
Exhibit 15    Dinner Statistics and Outlook for Foodservice 2017
Exhibit 16    FoodXWellbeing and Work: Global and US Statistics 2017
Exhibit 17    Global Employee Engagement and Retention Statistics 2017/2018
Exhibit 18    Time Spent on Picking up Meals 2017
Exhibit 19    Outsourcing Models for Facility Services Likely to be Used in the Private Sector 2017
Exhibit 20    Statistics on Eatertainment, Entertainment, and Sports Experiences in the US 2017
Exhibit 21    Street Food and Grab ‘n’ Go Trends and Statistics 2017
Exhibit 22    Overview of Food Waste and Reduction Strategies 2017
Exhibit 23    Omnico’s Catering Solutions
Exhibit 24    Market in North America 2017–2023 ($ billion)
Exhibit 25    Number of Spots in an Employee’s Lunch Rotation in the US 2017
Exhibit 26    Lunch at Workplace Statistics in the US 2017
Exhibit 27    US Market by Industry Served 2017
Exhibit 28    US Market 2017–2023 ($ billion)
Exhibit 29    Five Forces Analysis 2017
Exhibit 30    US Contract Catering Market by Industry Served 2017 & 2023
Exhibit 31    US Market by Industry ($ billion)
Exhibit 32    US Market by Industry 2017
Exhibit 33    US Market by Industry 2023
Exhibit 34    US Contract Catering Market Growth Comparison by Industry 2017–2023
Exhibit 35    Institutional Foodservice Statistics in B&I 2017
Exhibit 36    US Market by B&I 2017–2023 ($ billion)
Exhibit 37    US Contract Catering Market by Education 2017–2023 ($ billion)
Exhibit 38    Institutional Foodservice in the Education Sector 2017
Exhibit 39    Tuition Growth at National Universities in Academic Years 2012–2013 and 2017–2018 ($)
Exhibit 40    Foodservice in Healthcare: An Overview 2017
Exhibit 41    US Contract Catering Market by Healthcare 2017–2023 ($ billion)
Exhibit 42    Senior Care and Foodservice: An Overview
Exhibit 43    US Contract Catering Market by Senior Care 2017–2023 ($ billion)
Exhibit 44    US Market by Sports & Leisure 2017–2023 ($ billion)
Exhibit 45    US Market by Defense, Offshore & Remote 2017–2023 ($ billion)
Exhibit 46    US Market Contract Type 2017 & 2023
Exhibit 47    US Market by Contract Type ($ billion)
Exhibit 48    US Market by Contract Type 2017 & 2023
Exhibit 49    Market Growth in US - Comparison by Contract Type 2017–2023
Exhibit 50    US Contract Catering Market by Fixed Price Contracts 2017–2023 ($ billion)
Exhibit 51    US Market by Cost-plus Contracts 2017–2023 ($ billion)
Exhibit 52    US Market by Other Contracts 2017–2023 ($ billion)
Exhibit 53    US Market by Delivery 2017 & 2023
Exhibit 54    US Contract Catering Market by Delivery ($ billion)
Exhibit 55    US Market by Delivery 2017 & 2023
Exhibit 56    US Contract Catering Market Growth Comparison by Delivery 2017–2023
Exhibit 57    US Market by IFM 2017–2023 ($ billion)
Exhibit 58    Comparison of US Service Integration and Outsourcing Penetration with Other Countries 2017
Exhibit 59    US Contract Catering Market by Single Service 2017–2023 ($ billion)
Exhibit 60    US Market by Facility 2017 & 2023
Exhibit 61    US Market by Facility ($ billion)
Exhibit 62    US Contract Catering Market by Facility 2017 & 2023
Exhibit 63    US Market Growth Comparison by Facility 2017–2023
Exhibit 64    US Contract Catering Market by On-premise Facilities 2017–2023 ($ billion)
Exhibit 65    US Market by On and Off-premise Facilities 2017–2023 ($ billion)
Exhibit 66    Most Important Factors in Selecting Contract Caterers
Exhibit 67    Tenure of Contract and Inclination to Change Contract Caterer 2017
Exhibit 68    Value Sought by Clients 2017
 

List of Tables   

Table 1                 Key Caveats
Table 2                 Currency Conversion 2013−2017
Table 3                 YOY Impact of Market Growth Enablers 2017−2023
Table 4                 YOY Impact of Market Growth Restraints 2017−2023
Table 5                 YOY Impact of Market Opportunities and Trends 2017−2023
Table 6                 Market Ranking Analysis 2017
Table 7                 Compass Group: Service Offerings
Table 8                 Sodexo: Service Offerings
Table 9                 Aramark: Service Offerings
Table 10    Delaware North: Service Offerings
Table 11    Elior Group: Service Offerings
Table 12    Qualitative Summary of US Contract Catering Market
Table 13    US Contract Catering Market by Contract Type ($ billion)
Table 14    US Market by Contract Type (%)
Table 15    US Market by Industry Served ($ billion)
Table 16    US Market by Industry Served (%)
Table 17    US Market by Delivery ($ billion)
Table 18    US Market by Delivery (%)
Table 19    US Market by Facility ($ billion)
Table 20    US Contract Catering Market by Facility (%)

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