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The Contract Catering Market Revenue Expected to Surge by $285.19 Billion by 2029, Market Size, Share, & Revenue 2023-2029 - Arizton

09-24-2024 11:12 PM CET | Associations & Organizations

Press release from: ABNewswire

Contract Catering Market Research Report by Arizton

Contract Catering Market Research Report by Arizton

According to Arizton's latest research report, the global contact catering market [https://www.arizton.com/market-reports/contract-catering-market] is growing at a CAGR 4.78% during 2023-2029.

Looking for More Information? Click: [https://www.arizton.com/market-reports/contract-catering-market]

Report Scope:

Market Size (2029): $285.19 Billion

Market Size (2023): $215.48 Billion

CAGR (2023-2029): 4.78%

Historic Year: 2020-2022

Base Year: 2023

Forecast Year: 2024-2029

Market Segmentation: Industry, Contract, Delivery, Facility, and Geography

Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa

The global contract catering market is experiencing substantial growth, driven by several key trends. Fresh food subscriptions are gaining popularity, with caterers offering lunch and takeaway options during office hours. The healthcare sector demands tailored catering services to meet specific dietary needs, including allergies and recovery diets. Major players in the market, such as Aramark Services, Compass Group, and Sodexo, maintain a strong market presence, while numerous other companies also contribute to its expansion. Additionally, the education sector has a growing emphasis on tailored dining solutions. The Asia-Pacific region, particularly China and India, is emerging as the fastest-growing segment, fueled by rising demand for high-quality, nutritious food services in K-12 schools due to increasing child populations.

The global contract catering market report features exclusive insights into 70 key vendors. Companies in this sector actively pursue acquisitions, partnerships, and mergers to enhance their market presence, with year-on-year acquisitions rising significantly. Key companies are expanding their service offerings worldwide.

Key Development

* In 2023, Blue Apple Catering merged with CH&Co Catering Group Limited, a subsidiary of Compass Group. Blue Apple Catering was an independently owned and award-winning workplace catering company.
* Aramark Services, a leading food service company in the global contract catering market, continuously seeks acquisitions from various companies worldwide. In 2024, Aramark Services, a food service company, acquired the US-based SunDu, an expert in vending and coffee services. In 2024, it acquired Tomdra, a US based company offering vending and coffee services. In 2021, the company acquired a UK-based contract catering company, Wilson Vale.

Book the Free Sample Now: [https://www.arizton.com/market-reports/contract-catering-market]

Key Vendors

* Aramark Services
* Avolta
* Compass Group
* Delaware North
* Elior Group
* ISS A/S
* OCS Group Holdings Ltd.
* Ojaco S.a R.L.
* Sodexo
* Westbury Street Holdings
* ABM Catering Solutions
* Air Catering
* Aliant Food Services
* Allied Universal
* Allied Catering Services Ltd.
* Amadeus
* Amara Holdings Ltd.
* American Dining Creations
* Atalian Servest
* AVI Foodsystems
* Barlett Mitchell
* BITE
* CAMST
* Caterleisure Ltd.
* Carlos Aviation Catering Network GmbH
* Chartwells Higher Ed
* CIRFOOD
* Connect Catering
* Crystal Jade Culinary Concepts Holding
* Bon Appetit Management Company
* Dine Contract Catering
* Do & Co
* Dussmann Group
* Emirates Flight Catering
* Fleury Michon Airline Catering
* Fratelli Cosulich
* Gategroup
* Genuine Dining
* Global Catering Services
* Gourmet Caterers
* Groupe Bertrand
* Guest Services
* Jezersek gostinstvo d.o.o.,
* Jones Lang LaSalle IP, Inc.
* Kluh Multiservices
* KLM Catering Services
* Legends
* Metz Culinary Management
* Meridian Catering
* Motto Catering
* Morrison Healthcare
* Nexdine
* Olive Catering Services Ltd.
* Parkhurst Dining Solutions
* Red Bean Hospitality
* Quest Food Management Services LLC,
* Rhubarb Hospitality Collection
* SATS Ltd.
* Serco Group
* SSP Group Plc.
* SV Group
* Taher Incorporated
* Thompson Hospitality Corporation
* The Nutrition Group
* US Food
* Vacherin Ltd
* Whitsons Culinary Group
* Wrapstars
* Vivo catering
* ZENSHO HOLDINGS CO., LTD.

The Business and Industry (B&I) Market Booming in the Contract Catering Market

The Business and Industry (B&I) segment dominates the global contract catering market, driven by factors such as a heightened focus on employee well-being, cost-effectiveness, and time constraints. Catering services in this segment range from executive dining and cafeterias to on-site coffee shops and vending machines, serving over 330 million businesses worldwide. As companies strive to enhance productivity and employee satisfaction, vendors are providing diverse menus to meet various dietary needs, thereby increasing demand for contract catering services. Outsourcing cafeteria operations is often more cost-effective than managing in-house food services, especially given employees' busy schedules. With high competition in the market, B&I industries prioritize offering high-quality food to retain talent, leading to a substantial need for contract catering as the number of businesses and employees continues to rise.

Segmentation & Forecast

Industry

* Business & Industry
* Education
* Healthcare & Senior Care
* Others

Contract

* Fixed Price
* Cost-Plus
* Others

Delivery

* IFM
* Single Service

Facility

* On Premise
* On & Off-Premise

Geography

APAC

* Japan
* China
* India
* South Korea

Europe

* Germany
* Italy
* Spain
* France
* The UK

North America

* The US
* Canada

Latin America

* Brazil
* Mexico

Middle East & Africa

* The UAE
* Saudi Arabia
* Turkey

Looking for Customization According to Your Business Requirement? [https://www.arizton.com/customize-report/4511]

Key Questions Answered in the Report:

How big is the global contract catering market?

Who are the major players in the global contract catering market?

What is the growth rate of the global contract catering market?

What are the key trends of the global contract catering market?

Which region dominates the global contract catering market?

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About Us:

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

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Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=the-contract-catering-market-revenue-expected-to-surge-by-28519-billion-by-2029-market-size-share-revenue-20232029-arizton]
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Country: United States
Website: https://www.arizton.com/market-reports/contract-catering-market



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