Catering And Food Service Contractor Market Analysis by Type, Application, Growth, Demand, Status, and Forecast: Compass Group Plc, Sodexo, Aramark Corporation, Elior Group, Delaware North

The report titled Catering And Food Service Contractor Market provides an in-depth overview of the competitive landscape of the global market, helping establishments understand the key threats and prospects the vendors in the market have to address. It also incorporates exhaustive business profiles of some of the major vendors in the market. The report contains massive data pertaining to recent discoveries and technological extensions detected in the market and extensively examines the impact of these intrusions on the future development of the market.

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Key players operating in the global catering and foodservice contractor include: Yumchina, Xianyinshi, Amber India, DARBAR CATERING, Aramark Corporation, Delaware North, Thompson Hospitality, Ovations Food Services, Compass Group plc, Sodexo, Elior Group

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 organizations, Others.

The growing tourism industry is one of the major factors driving the 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 the 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 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 subsidiary aims to work for food establishments, catering, and manufacturing of cooked-food preparations.

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 the increasing number of merger and acquisition activities in the region. For instance, in 2017, CH&Co Group and Harbour & Jones merged, which brought a 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 a 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.

The 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, training, and meetings.

Analysis of the Impact of COVID-19: The full version of the report includes projected changes to the impact of COVID-19 and the future outlook of the industry, taking into account political, economic, social, and technological parameters.

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• Catering And Food Service Contractor market.
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Contents of ToC

Report Overview: It includes the Catering And Food Service Contractor market research scope, players covered, key market segments, market analysis by application, market analysis by type, and other chapters providing an overview of the research study.

Summary: This section of the report provides information on Catering And Food Service Contractor market trends and stock market size analysis by region and global market size analysis. In market size analysis by region, market share and growth rate analysis by region are provided.

International Player Profiles: Here, key players of the Catering And Food Service Contractor market are studied on the basis of gross margin, price, revenue, corporate sales, and production. It provides a business overview of the players and shares important company details.

Regional Study: All regions and countries analyzed in the Catering And Food Service Contractor Market report are studied based on market size by application, the market size by product, key players, and market forecasts.

Key Players: This part of the Catering And Food Service Contractor Market report discusses company expansion plans, major mergers and acquisitions, financing and investment analysis, company founding date, manufacturers revenue, service area, and manufacturing base.

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