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Global Catering Services Market Size, Share, Industry, Forecast: By Service Type: Contractual, Non-contractual; By Application: Wedding Catering, Corporate Catering, Social Events Catering, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Catering Services Market Competitive Landscape
The global catering services market is highly competitive, with major players like Compass Group, Sodexo, Aramark, Elior Group, Delaware North, Gategroup, and DO & CO leading the industry. Each of these companies leverages unique strengths to capture and expand market share, contributing to a dynamic and challenging landscape, and accelerating catering services market revenue.
Founded in 1941, Compass Group is based in Chertsey, United Kingdom. It is one of the largest catering service providers; the Group has large-scale operations and provides all-rounded services. It believes in investing heavily in developing technology to further improve efficiency and customer experience in all of its targeted verticals: corporate dining, healthcare, and education—a blend that places it at the top among the food service companies.
Having its headquarters in Paris, France, Sodexo was founded in the year 1966. It focuses on extensive service offerings and large-scale operations. Important investments made by Sodexo in technology strive to achieve efficiency and customer satisfaction levels. Industries of coverage by them include corporate dining, health care, education, and other significant sectors, due to which they stay at the top of the global catering market.
Headquartered in Philadelphia, United States, Aramark was established in 1959. It capitalises on its global network and diversified service portfolio to manage its operations. Specialised to serve such sectors as sports and leisure, remote sites, and defence, it doesn't easily get affected by the ups and downs of the market, hence gaining a competitive edge in the global catering industry.
Headquartered in Paris, France, Elior Group and founded in 1991, is adept at how to leverage its global presence and diversified services to address all kinds of markets. It has built a strong position in the field of sports and leisure, remote sites, and defence, which places it ahead of its competitors in responding to changes in market conditions.
Founded in 1915 and headquartered in Buffalo, United States, Delaware North pays much attention to service diversification and customer-oriented approaches. Under conditions of strong rivalry in the catering services sector, Delaware North is oriented to provide bespoke services across a variety of sectors with the purpose of strengthening the company's competitive positioning against other major players.
Gategroup, a Zurich-based supplier of airline catering and inflight services founded in 1992, focuses on core competencies and positioning at the main international airports, better capture of niche markets, and alignment with major airlines in driving innovation in travel and hospitality.
DO & CO is a company founded in 1981 and headquartered in Vienna, Austria. It participates in the business of aeroplane catering and inflight services. The concentration on this niche market of important international airports gives the ability to respond to the demand from leading airlines. To stay at the forefront of the changing travel industry, this requires innovation on a continuing basis.
Companies that are smaller in size or younger participants in the catering services market basically promote sustainability, local sourcing, and customised products. Despite the high competitive rivalry in the general competitive landscape, new business models of innovation and brand loyalty created by unique eco-friendly services further add to the dynamics of the market.
Catering Services Market Report Snapshots
Catering Services Market Growth
Catering Services Market Trends
Catering Services Market Share
Catering Services Market Analysis
Catering Services Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Catering Services Market Analysis
8.1 Key Industry Highlights
8.2 Global Catering Services Historical Market (2018-2023)
8.3 Global Catering Services Market Forecast (2024-2032)
8.4 Global Catering Services Market by Service Type
8.4.1 Contractual
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Non-contractual
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Catering Services Market by Application
8.5.1 Wedding Catering
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Corporate Catering
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Social Events Catering
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Catering Services Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Catering Services Market Analysis
9.1 Market by Service Type
9.2 Market by Application
9.3 Market by Country
9.3.1 United States of America
9.3.1.1 Historical Trend (2018-2023)
9.3.1.2 Forecast Trend (2024-2032)
9.3.2 Canada
9.3.2.1 Historical Trend (2018-2023)
9.3.2.2 Forecast Trend (2024-2032)
10 Europe Catering Services Market Analysis
10.1 Market by Service Type
10.2 Market by Application
10.3 Market by Country
10.3.1 United Kingdom
10.3.1.1 Historical Trend (2018-2023)
10.3.1.2 Forecast Trend (2024-2032)
10.3.2 Germany
10.3.2.1 Historical Trend (2018-2023)
10.3.2.2 Forecast Trend (2024-2032)
10.3.3 France
10.3.3.1 Historical Trend (2018-2023)
10.3.3.2 Forecast Trend (2024-2032)
10.3.4 Italy
10.3.4.1 Historical Trend (2018-2023)
10.3.4.2 Forecast Trend (2024-2032)
10.3.5 Others
11 Asia Pacific Catering Services Market Analysis
11.1 Market by Service Type
11.2 Market by Application
11.3 Market by Country
11.3.1 China
11.3.1.1 Historical Trend (2018-2023)
11.3.1.2 Forecast Trend (2024-2032)
11.3.2 Japan
11.3.2.1 Historical Trend (2018-2023)
11.3.2.2 Forecast Trend (2024-2032)
11.3.3 India
11.3.3.1 Historical Trend (2018-2023)
11.3.3.2 Forecast Trend (2024-2032)
11.3.4 ASEAN
11.3.4.1 Historical Trend (2018-2023)
11.3.4.2 Forecast Trend (2024-2032)
11.3.5 South Korea
11.3.5.1 Historical Trend (2018-2023)
11.3.5.2 Forecast Trend (2024-2032)
11.3.6 Australia
11.3.6.1 Historical Trend (2018-2023)
11.3.6.2 Forecast Trend (2024-2032)
11.3.7 Others
12 Latin America Catering Services Market Analysis
12.1 Market by Service Type
12.2 Market by Application
12.3 Market by Country
12.3.1 Brazil
12.3.1.1 Historical Trend (2018-2023)
12.3.1.2 Forecast Trend (2024-2032)
12.3.2 Argentina
12.3.2.1 Historical Trend (2018-2023)
12.3.2.2 Forecast Trend (2024-2032)
12.3.3 Mexico
12.3.3.1 Historical Trend (2018-2023)
12.3.3.2 Forecast Trend (2024-2032)
12.3.4 Others
13 Middle East and Africa Catering Services Market Analysis
13.1 Market by Service Type
13.2 Market by Application
13.3 Market by Country
13.3.1 Saudi Arabia
13.3.1.1 Historical Trend (2018-2023)
13.3.1.2 Forecast Trend (2024-2032)
13.3.2 United Arab Emirates
13.3.2.1 Historical Trend (2018-2023)
13.3.2.2 Forecast Trend (2024-2032)
13.3.3 Nigeria
13.3.3.1 Historical Trend (2018-2023)
13.3.3.2 Forecast Trend (2024-2032)
13.3.4 South Africa
13.3.4.1 Historical Trend (2018-2023)
13.3.4.2 Forecast Trend (2024-2032)
13.3.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 ISS A/S
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Sodexo S.A
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Compass Group plc
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Elior Group
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Aramark Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 AVI Foodsystems, Inc
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Thompson Hospitality
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Albron
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Hutten Catering BV
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Catering Services Market: Key Industry Highlights, 2018 and 2032
2. Global Catering Services Historical Market: Breakup by Service Type (USD Million), 2018-2023
3. Global Catering Services Market Forecast: Breakup by Service Type (USD Million), 2024-2032
4. Global Catering Services Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Catering Services Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Catering Services Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Catering Services Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Catering Services Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Catering Services Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Catering Services Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Catering Services Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Catering Services Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Catering Services Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Catering Services Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Catering Services Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Catering Services Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Catering Services Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Catering Services Market Structure
Key Questions Answered in the Report
The global catering services market reached a value of USD 164.59 billion in the year 2023.
The market is expected to grow at a CAGR of 6.6% between 2024 and 2032.
The market is expected to reach a value of nearly USD 292.56 billion by 2032.
The major drivers of the market include the rising population, increasing demand in the organised sector, rising number of companies, growing health consciousness, and increasing preference for catering services for smaller events.
The increase in penetration of mobile-based payment solutions, growing emphasis on the adoption of technology to improve customer experience, increase in demand for healthier fresh food, and stringent norms and regulations are the key trends propelling the market’s growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific.
The service types in the market are contractual and non-contractual.
The major applications in the market are wedding catering, corporate catering, and social events catering, among others.
The major players in the market are Compass Group plc, Sodexo S.A, Aramark Corporation, AVI Foodsystems, Inc., ISS Facility Services Inc., and Mitie Group plc, among others.
Analyst Review
The global catering services market is aided by the overall food service market which attained a value of nearly USD 164.59 billion in the year 2023, driven by the increase in demand for healthier fresh food. Aided by increasing number of companies and stringent norms and regulations, the food service market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 6.6% to reach a value of nearly USD 292.56 billion by 2032.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on service type, the market is divided into contractual and non-contractual. On the basis of application, the market is segmented into wedding catering, corporate catering, and social events catering, among others. The major regional markets for catering services market are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The major players in the market are ISS A/S, Sodexo S.A, Compass Group plc, Elior Group, Aramark Corporation, AVI Foodsystems, Inc, Thompson Hospitality, Albron, and Hutten Catering BV, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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