Catering And Food Service Contractor Market: Latest Research Report to Share Market Insights and Dynamics of Profiled Key Players Like: Compass Group Plc, Sodexo, Aramark Corporation, Elior Group, Delaware North

Growing tourism industry is one of the major factors driving growth of the global catering and food service contractor market. According to the Our World in Data, in 2014, international tourist arrivals across regions including Europe, the Americas, Asia Pacific, Africa, and Middle East was 1.14 billion, which increased to 1.24 billion in 2016.

Catering is a very critical part of the business, especially for network carriers serving long distances. Meal design and meal planning are important processes of catering services. According to International Air Transport Association (IATA), catering planning and catering operations are important areas of activities of catering services.

Key players operating in the global catering and food service contractor include: Compass Group Plc, Sodexo, Aramark Corporation, Elior Group, Delaware North.

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Key players in the market are focused on expanding their businesses via establishing subsidiaries. For instance, in June 2018, Neo Group Limited announced the establishment of its wholly-owned subsidiary, Chilli Manis Catering Pte. Ltd., in the Republic of Singapore. The subsidairy aims to work for food establishments, catering, and manufacturing of cooked-food preparations.

Market segment by Type, the product can be split into: Food Service Contractors, Caterers.

Market segment by Application, Catering And Food Service Contractor can be split into: Medical institutions, Educational institutions, Commercial organization, Others,.

Europe is expected to witness significant market share during the forecast period in the global catering and food service contractor market. Market growth in the region is attributed to increasing number of merger and acquisition activities in the region. For instance, in 2017, CH&Co Group and Harbour & Jones merged, which brought the turnover of US$ 299.46 million. The merger of both the companies was aimed to offer catering services across the U.K. and Ireland. Prior to this, in 2015, Harbour & Jones acquired PCC Ltd along with its two brands namely Fare of London and Principals Catering. The deal made the turnover of over US$ 55.48 million. Therefore, increasing M&A activities in Europe is expected to boost the market growth in terms of revenue.

Asia Pacific is expected to account for a significant market share over the projected period in the global catering and food service contractor market. This is majorly attributed to stringent regulations in the region that promote people towards healthy eating. For instance, In April 2017, the Government of Singapore introduced Whole-of-Government (WOG) Healthier Catering Policy. The policy was introduced to encourage healthier eating at homes, workplaces, and communities in Singapore. According to the policy, government entities in Singapore will be provided with healthy food and drinks at the government organized functions, conferences, trainings, and meetings.

Table of Contents

1 Industry Overview of Catering And Food Service Contractor
2 Global Catering And Food Service Contractor Competition Analysis by Players
3 Company (Top Players) Profiles
3.1 Compass Group Plc
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Catering And Food Service Contractor Revenue (Million USD) (2013-2018)
3.1.5 Recent Developments
4 Global Catering And Food Service Contractor Market Size by Type and Application (2013-2018)
5 United States Catering And Food Service Contractor Development Status and Outlook
6 EU Catering And Food Service Contractor Development Status and Outlook
7 Japan Catering And Food Service Contractor Development Status and Outlook
8 China Catering And Food Service Contractor Development Status and Outlook
9 India Catering And Food Service Contractor Development Status and Outlook
10 Southeast Asia Catering And Food Service Contractor Development Status and Outlook
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