Catering Services And Food Contractors Market 2020 Current Trends, Business Opportunity and Outlook - Compass Group plc; Sodexo; Aramark Corporation

Catering Services And Food Contractors Global Market Report 2020-30: Covid 19 Impact and Recovery

The catering services and food contractors market consists of sales of single event-based food services or food services at institutional, governmental, commercial, or industrial locations of others based on contractual arrangements with these types of organizations for a specified period of time by entities (organizations, sole traders and partnerships) that provide single event-based food services or food services at institutional, governmental, commercial, or industrial locations of others based on contractual arrangements with these types of organizations for a specified period of time.

The global catering services and food contractors market is expected to decline from $257.9 billion in 2019 to $253.9 billion in 2020 at a compound annual growth rate (CAGR) of -1.6%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $312.8 billion in 2023.

Western Europe was the largest region in the global catering services and food contractors’ market, accounting for 32% of the market in 2019. North America was the second largest region accounting for 27% of the global catering services and food contractors’ market. Africa was the smallest region in the global catering services and food contractors’ market.

Top Leading Companies mentioned are

Compass Group plc; Sodexo; Aramark Corporation; Elior Group; Delaware North

Delivering surplus and leftover food to the homeless and needy is increasingly popular among catering services and food service contractors. According to the Environmental Protection Agency the USA has about 35 million tons of leftover food yearly with 48 million Americans living in food-insecure households. To tackle this, Starbucks is planning to provide around 5 million meals to food banks in the USA instead of throwing the food away. This figure is expected to grow to 50 million meals in the next five years. In Australia, Australian airlines donate surplus food to homeless people. Historically the leftover food was burnt after the completion of every flight, but now Australian airlines is delivering surplus and leftover food to charity organisations.

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Market Segmentation by Types:

1) By Type: Food Service Contractors; Catering Services

2) By Ownership: Chained; Standalone

This report provides a detailed analysis of the Catering Services And Food Contractors market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Essential points covered in Global Catering Services And Food Contractors Market2020 Research are: -

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global Catering Services And Food Contractors market?
• What are the key markets trends impacting the growth of the global Catering Services And Food Contractors market?
• What are the challenges to market growth?
• Who are the key vendors in the global Catering Services And Food Contractors market?
• What are the market opportunities and threats faced by the vendors in the global Catering Services And Food Contractors market?
• What are the key outcomes of the five forces analysis of the global Catering Services And Food Contractors market?

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This independent 300 pages report guarantees you will remain better informed than your competition. With over figures examining the Catering Services And Food Contractors market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader’s market revenue forecasts as well as analysis to 2020.

Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Catering Services And Food Contractors in these regions, from 2014 to 2020(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Furthermore, the report provides a detailed analysis of the global Catering Services And Food Contractors market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Lithium-Ion Batteries market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

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The research includes historic data from 2014 to 2020 and forecasts until 2020 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Catering Services And Food Contractors on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Catering Services And Food Contractors Market and assist manufacturers and Catering Services And Food Contractors organization to better grasp the development course of Catering Services And Food Contractors Market.

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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