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Catering Industry Market Research Reports

 

The catering industry comprises companies that operate by doing business by providing food service at various locations. There are many types of food catering services available. Mobile catering serves food from a truck, cart, or any other vehicle designed to serve food.

1 . Catering Industry Market Research Reports, Analysis & Trends

Food is often served at outdoor events, in the workplace, and busy downtown areas. Airline catering is a meal or snack that is served to passengers on a plane. The meals range from simple beverages in coach to gourmet meals in first class. Boxed lunch catering is the preparation of lunches in individual containers. They are often served to businesses during working lunches. This type of catering prepares the food in advance and then drops it off at the particular location.
 
Catering and Food Service Contractor Market
 

2 . Catering Market Case Study

How we helped a leading food flavor specialist to find a right Caterer in Latin America Market?

Client Background - The client is one of the largest food flavor company in world.

Research Problem - Gain intelligence about major caterers in Latin America region.

Industry and Target Geography - Food, Catering, Latin America.

Custom Research Solution - We provided information of leading Catering and Food Service Contractors in Latin America and information on certain factors which helped our client to select the right caterer for their Latin America operations.

Contact us for your unique requirements

Global Ctaering Market Custom Research Case Study

Event catering is a food service with waiting staff. The food may be prepared on- site or in advance and then delivered to the event to receive the final touches. An event catering company specializes in preparing food and making it look appealing. They also have staff that is responsible for room set up. This type of service is used for banquets and weddings. A full service catering company will also take care of room decorations, lighting and table settings. Catering services are often sold on a per-person basis. A catering proposal will usually include rental arrival time, staff arrival time, bar open and close time, meal time and rental pick up. There are many factors that can affect the price of catering such as menu choices, rentals, labor and service charges.

3 . Latest Trends in Catering Industry 

The Ukraine-Russia crisis has disrupted food service. Global food chains are closing in Russia and other parts. Before this crisis, COVID rocked the food service industry. Before COVID, until the end of 2021, steady demand led to modest growth. Demand from the hospitality and traveling sector, which has helped the catering services industry over the last five years, is expected to grow (albeit faster) as the hotel industry continues to seek suitable hospitality options for its staff. Rising household discretionary income is expected to encourage Australians to eat out, meaning consumers will enjoy meals prepared by caterers in airports, hospitals and major sporting and cultural events. 
 
Major demand for the industry is expected to take a positive turn in the next five years, after recessionary trends and low consumer sentiment temporarily stifled revenue. A rise in demand from high-income households and businesses will bolster growth, with consumers spending more money on parties and other catered functions again and corporate budgets loosened in line with stronger corporate profit. As a result of these trends, the number of businesses within the industry is also estimated to grow.
 

4 . Major Catering Industry Players

Compass Group plc, Sodexo S.A, Aramark Corporation, AVI Foodsystems, Inc, ISS Facility Services Inc., Mitie Group plc, etc.
 

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