Press release
Contract Catering Market Global Outlook and Strategic Assessment 2020-2022 | Compass Group, Sodexo, Aramark, Baxterstorey
According to The research report global market is projected to display a modest growth represented by a CAGR of 3.88% during 2017-2022, on account of factors such as growing number of business & industry, rise in gross national income, increasing take away formats and surge in several senior care homes coupled with varying VAT rates in the European region. Moreover, emerging markets have shown remarkable growth in recent years, this is anticipated to propel the demand for contract catering services in the future.
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Companies Covered-
Compass Group, Sodexo, Aramark, Baxterstorey, Elior Group, Ch & Co Catering, MITIE Catering Service, request sample report to get coverage of the complete list of companies.
Global Market, By Value (Actual Period: 2013-2017, Forecast Period: 2018-2023)- Market Sizing - Sizing, Growth, Forecast
By Segment (Business & Industry, Education, Hospital, Senior Care, Defense & Offshore, Sports & Leisure)
Summary
In terms of segmentation, the market is categorized into segments including Business & Industry, Education, Hospitals, Senior Care, Defense & Offshore, and Sports & Leisure. In terms of region, North America has become a saturated market with a maximum market share in the United States, while the APAC region has a lot more growth opportunities accompanied by huge growth potential in the Indian and Japanese markets. The global contract catering market is driven by increasing awareness of the benefits of a balanced and nutritional diet during the work hours.
Moreover, the accelerated demand for customized food for employees and patients as well as improving the quality of life of employees working in remote sites has been boosting the growth in segments including business & education, hospital, senior care, defense & offshore, etc. Contract catering services have been gaining major traction as the next major development in the emerging markets; however, certain challenges will need to be addressed. Stringent directives and political uncertainties accompanied by retention of skilled manpower are the challenges faced by players in this industry.
Regional Markets:
US, Canada, U.K, France, Germany, Spain, China, India, Japan, Australia and Brazil (Actual Period: 2013-2017, Forecast Period: 2018-2023)
Table of Contents:
Research Methodology
Executive Summary
Strategic Recommendations
Contract Catering Market: Product Outlook
Global Contract Catering Market: Growth and Forecast
Global Contract Catering Market: Segment Analysis
Global Contract Catering Market: Regional Analysis
Global Contract Catering Market drivers
Global Contract Catering Market Challenges
Global Contract Catering Market Trends
SWOT Analysis
Company Profiles
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Other Report Highlights:
Market Dynamics
Drivers and Restraints
Market Trends
SWOT Analysis
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