Contract Catering Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities 2026

edwardebreen15 June 17, 2022

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According to IMARC Group’s latest report, titled “Contract Catering Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market is expected to grow at a CAGR of around 6% during 2021-2026. Contract catering represents a food servicing business, wherein independent catering organizations provide regular, on-demand meals and refreshments on a contractual basis. The menus are pre-decided and -planned as per the requirement of the client. Contract catering assists in providing quality food, ensuring accountability, offering legislative compliance, managing costs, and maintaining quality standards and hygiene. Apart from this, contract catering is cost-effective and flexible as they make the event planning processes less stressful for the client, thus improving efficiency and saving time.

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The widespread adoption of contract catering services across various industrial verticals can be attributed to the increasing need for fine dining experience as a part of business development to establish an unparalleled client relationship. This represents the key factor currently driving the market growth. In line with this, the rising availability of nutritional and hygienic meals being offered by contract catering services due to the increasing focus of organizations on employee health is further propelling the market growth.

Contract Catering Market Trends:

Apart from this, the emerging trend of premium table services, such as live counters and the use of exotic ingredients, especially in developing countries, due to the evolving living standards, escalating disposable income, and shifting preferences are contributing to the market growth. Looking forward, IMARC Group expects the global contract catering market to continue its robust growth during the forecast period (2021-2026).

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

ABM Catering Solutions
Amadeus
Aramark
Atalian Servest
Barlett Mitchell
Blue Apple Catering
Camst Group
Caterleisure Ltd.
CH&CO Catering
Compass PLC
Dine Contract Catering
Elior Group
Fazer Food Services
Interserve
OCS Group Ltd.
Sodexo

Contract Catering Market Segmentation:

Breakup by Contract Type:

Fixed Price Contracts
Cost Plus Contracts

Breakup by Modes of Contract:

Outsourced
Self-Operated

Breakup by End User:

Business and Industry
Education
Healthcare and Senior Care
Defence and Offshore
Sports and Leisure
Airports
Others

Breakup by Region:

North America (United States, Canada)
Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

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Key highlights of the report:

Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.