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Catering Services And Food Contractors Market 2022 | Business Overview, New Developments, Trends Analysis, And Forecast To 2031

Catering Services And Food Contractors Market

Catering Services And Food Contractors Market

The global catering services and food contractors market report by the business research company identifies the catering services and food contractors' market growth is aided by stable economic growth forecasted in many developed and developing countries. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period.

The global catering services and food contractors market grew from $187.64 billion in 2021 to $271.71 billion in 2022 at a compound annual growth rate (CAGR) of 44.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The catering services and food contractors market is expected to grow to $326.43 billion in 2026 at a CAGR of 4.7%.

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Western Europe was the largest region in the catering services and food contractors market in 2021. North America was the second largest region in the catering services and food contractors market. The regions covered in the catering services and food contractors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major companies in the catering services and food contractors market include Compass group plc, Sodexo, Aramark corporation, Elior Group, Autogrill SpA, SSP Group plc, Lufthansa Group, DO & CO AG, Samsung C&T Corporation and Thompson Hospitality.

The global catering services and food contractors market is segmented -
1) By Type: Food Service Contractors, Catering Services
2) By Ownership: Chained, Standalone

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The Catering Services And Food Contractors Market Report Contents Include
Table Of Contents
1. Executive Summary
2. Report Structure
3. Catering Services And Food Contractors Market Characteristics
4. Catering Services And Food Contractors Market Product Analysis
5. Catering Services And Food Contractors Market Supply Chain
....
21. Key Mergers And Acquisitions In The Catering Services And Food Contractors Market
22. Market Background: Food And Beverage Services Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

This report covers the trends and market dynamics of the catering services and food contractors market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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