Dublin, Aug. 30, 2021 (GLOBE NEWSWIRE) -- The "Global Catering Services & Food Contractors Market (2021-2026) by Type, Ownership, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Catering Services & Food Contractors Market is estimated to be USD 25.3 Bn in 2021 and is expected to reach USD 34.3 Bn by 2026, growing at a CAGR of 6.28%.
Market Dynamics
The factors such as the fast-expanding tourism industry and growing industrialization across various industries played a major role in the growth of the global catering services & food contractors market.
Moreover, the establishment of numerous educational and medical institutes and growing customer preference for mini buffets for small get-togethers or events are other factors that are expected to increase the growth of the target market over the forecast period.
However, growing consumer inclination towards online food delivery services may hinder the market growth as it offers an easy and handy ordering and processing system, which most people prefer.
Market Segmentation
- By Type, the market is classified into Off-Premises and On-Premises. Amongst all, the Off-Premises segment is estimated to hold the highest market share during the forecast period.
- By Ownership, the market is classified as Standalone and Chained. Amongst the two, the standalone segment is estimated to hold the highest market share during the forecast period.
- By End User, the market is classified as a Commercial Organization, Educational Institutions, Government & Public Sector, Hospitality, Medical Institutions, and others. Amongst all, the Hospitality segment is estimated to hold the highest market share during the forecast period.
- By Geography, North America is projected to lead the market.
Recent Developments
- Bartlett Mitchell Acquired by Westbury Street Holdings. - 28th October 2020
- Compass Group and EAT will track the carbon footprint of the food Compass serves in its Nordic operations - 18th December 2019
- Aramark, a global leader in food, facilities management, and uniforms, acquired Next Level Hospitality -29th April 2021
Company Profiles
Some of the companies covered in this report are Air Culinaire, Aramark Corporation, Arpal Gulf LLC, Best Impressions Caterers, Compass Group PLC, Delaware North.
Key Topics Covered:
1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Increasing User Spending and Corporate Benefits
4.1.2 Upsurge in Number of Air Passengers and Tourism Industry
4.1.3 Rising Urban Population
4.2 Restraints
4.2.1 Increasing Popularity of Online Ordering service
4.3 Opportunities
4.3.1 Enhanced Packaging Promoting Catering Services
4.3.2 Customer Inclination for Mini Buffet System
4.4 Challenges
4.4.1 Food Safety and Preservation Concern
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Catering Services & Food Contractors Market, By Type
6.1 Introduction
6.2 Off-Premises
6.3 On-Premises
7 Global Catering Services & Food Contractors Market, By Ownership
7.1 Introduction
7.2 Chained
7.3 Standalone
8 Global Catering Services & Food Contractors Market, By End Use
8.1 Introduction
8.2 Commercial Organization
8.3 Educational Institutions
8.4 Government & Public Sector
8.5 Hospitality
8.6 Medical Institutions
8.7 Others
9 Global Catering Services & Food Contractors Market, By Geography
9.1 Introduction
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
11 Company Profiles
- Air Culinaire
- Aramark Corporation
- Arpal Gulf LLC
- Best Impressions Caterers
- Compass Group Plc
- Delaware North
- Dine Contract Catering
- dnata Elior Group
- Elior Group
- Emirates Flight Catering
- Food 4 Life
- Fusion Foods
- Gategroup
- Goddard Catering Group
- ISS A/S
- National Catering Services & Foodstuff
- OCS Group limited
- Olive Catering Services Ltd
- On Safari Foods
- Ovations Food Services
- Sodexo Group
- Spectra
- Thompson Hospitality Corporation
- Westbury Street Holdings
For more information about this report visit https://www.researchandmarkets.com/r/512eyh
