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Catering Services And Food Contractors Market 2023 - By Size, Key Trends, Opportunities, Future Growth And Outlook By 2032
Year End Offer By The Business Research Company - Get 33% Discount On Opportunities And Strategies Reports And 25% Discount On Global Market ReportsThe Business Research Company's latest "Global Catering Services And Food Contractors Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry
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The global catering services and food contractors market reached a value of nearly $270.15 billion in 2022, having increased at a compound annual growth rate (CAGR) of 2.6% since 2017. The market is expected to grow from $270.15 billion in 2022 to $329.57 billion in 2027 at a rate of 4.1%. The market is then expected to grow at a CAGR of 5.8% from 2027 and reach $436.15 billion in 2032.
Catering refers to a service that provides various services such as preparing, cooking, and serving food for clients. Food contractor refers to any individual who, in accordance with a food service contract, engages or maintains staff to offer food services.
Companies in the market are increasingly adopting intelligent methods to improve dining experience and efficiency. For example, in January 2021, Sodexo, a France-based large catering service providers, with Huawei France launched the Seefood intelligent settlement solution. The solution builds on the Huawei Atlas AI software and hardware platform and combines AI image recognition into the settlement phase to automatically recognize dishes, calculate prices, and complete settlement via cards and mobile terminals. This solution uses deep metric learning to accurately recognize each dish in 0.3 seconds. It learns rapidly and can instantly recognize the distinguishing features of a dish after the canteen operator inputs a new dish image.
Catering Services And Food Contractors Market Segmentation:
By Type -
The catering services and food contractors market is segmented by type into:
a) Food Service Contractors
b) Catering Services
By Application -
The catering services and food contractors market is segmented by application into:
a) Corporate
b) Educational Institutions
c) Healthcare
d) Industrial
e) Hospitality Services
f) Sports And Leisure
g) Other Applications
By Ownership -
The catering services and food contractors market is segmented by ownership into:
a) Chained
b) Standalone
Some of the key players involved in the Catering Services And Food Contractors market are Compass Group PLC, Sodexo, Inc., Aramark Corporation, Elior Group S.A., Autogrill S.p.A.
The regions covered in the global Catering Services And Food Contractors market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
…………………………………………….
23. Key Mergers and Acquisitions
24. Market Background: Food And Beverage Services Market
25. Opportunities And Strategies
26. Catering Services And Food Contractors Market, Conclusions And Recommendations
27. Appendix
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