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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1564012

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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1564012

Catering Services

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Global Catering Services Market to Reach US$853.8 Billion by 2030

The global market for Catering Services estimated at US$615.1 Billion in the year 2023, is expected to reach US$853.8 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2023-2030.

The U.S. Market is Estimated at US$161.9 Billion While China is Forecast to Grow at 7.4% CAGR

The Catering Services market in the U.S. is estimated at US$161.9 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$189.2 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.0% and 3.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Global Catering Services Market - Key Trends and Drivers Summarized

How Are Catering Services Evolving to Meet Modern Demands?

Catering services have evolved significantly in recent years to meet the diverse and dynamic needs of modern consumers. No longer limited to simple food delivery for events, catering now encompasses a wide range of services tailored to specific occasions, dietary preferences, and culinary trends. The rise of specialized catering, such as farm-to-table, vegan, or gourmet options, has broadened the scope of offerings, making it possible for catering companies to serve highly customized menus that reflect the preferences of clients and their guests. In addition to food preparation, many catering services now offer full event management, including staffing, decor, and logistics, providing a seamless experience for hosts who prefer a one-stop solution. As clients’ expectations have grown more sophisticated, catering companies have adopted new technologies, such as online ordering platforms and advanced kitchen equipment, to streamline their operations and improve service delivery. Whether it’s a corporate gathering, a wedding, or a private party, catering services have become an essential part of modern event planning, with flexibility, customization, and convenience at the forefront of their offerings.

Why Are Catering Services Increasingly in Demand?

The demand for catering services has surged in recent years due to several key factors, including the rise of event-driven marketing, the growing frequency of social gatherings, and the increasing need for convenience in hosting both personal and corporate events. Businesses, in particular, have become major consumers of catering services, using them for everything from employee lunches and meetings to large-scale corporate events. The growing trend of remote work and hybrid office environments has further increased demand for catering, as companies seek ways to bring employees together for team-building or networking events. Additionally, the expanding wedding and hospitality industry has driven up the need for high-quality, customized catering that meets the demands of diverse client bases. As people continue to celebrate milestone events, such as birthdays, anniversaries, and graduations, catering services offer a convenient way to provide professional, delicious food without the stress of cooking and hosting. The ability to offer diverse menu options, including dietary accommodations such as gluten-free, vegetarian, or kosher meals, has also contributed to the growing popularity of catering services, as clients seek to cater to the tastes and needs of all their guests.

How Are Technological Advancements Improving Catering Services?

Technological advancements have significantly enhanced the catering industry, transforming how services are delivered and managed. One of the most important innovations is the adoption of online platforms that allow customers to browse menus, receive instant quotes, and place orders from the comfort of their homes or offices. These platforms have made it easier for clients to select services, customize their menus, and even communicate dietary restrictions or special requests directly to the catering team. Additionally, many catering companies now use sophisticated software to manage logistics, such as inventory control, scheduling, and delivery coordination, which helps ensure that events run smoothly and efficiently. Technology has also improved the way catering businesses handle food preparation and delivery, with advanced kitchen equipment allowing chefs to maintain consistent food quality, even when preparing meals for large groups. Further innovations, like mobile kitchens and pop-up cooking stations, have enabled caterers to provide fresh, on-site meals at outdoor events, festivals, or remote locations. These advancements, along with the growing use of data analytics to track customer preferences and optimize menu offerings, are reshaping the catering industry, making it more efficient and responsive to customer needs.

What’s Fueling the Expansion of the Catering Services Market?

The growth in the catering services market is driven by several factors, particularly the increasing demand for convenience, the rising number of corporate and social events, and evolving consumer preferences. One of the primary drivers is the convenience that catering services offer, allowing hosts to outsource food preparation, serving, and event logistics, which is especially appealing in today’s fast-paced society where time is a premium. The business sector plays a significant role in this growth, with companies frequently using catering services for corporate events, seminars, and office gatherings as a way to foster employee engagement and enhance networking opportunities. Furthermore, the hospitality and wedding industries have experienced significant growth, creating more opportunities for catering services to offer bespoke, high-end experiences. Consumer behavior is also shifting, with an increasing preference for healthy, organic, and sustainable food options. Catering companies that can accommodate these preferences, such as offering plant-based menus or sourcing local ingredients, are in high demand. Additionally, advancements in technology, such as online booking platforms and mobile ordering, have made it easier for customers to access catering services, further driving growth. Lastly, the rise of hybrid events, which combine in-person and virtual components, has opened up new avenues for catering companies to provide tailored solutions, such as meal delivery for remote attendees. These factors, combined with the growing trend of outsourcing event services, are driving strong growth in the catering services market globally.

Select Competitors (Total 203 Featured) -

  • ARAMARK Corporation
  • Compass Group PLC
  • DO & CO AG
  • Elior Group
  • Gategroup
  • Newrest Group Services SAS
Product Code: MCP10928

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • Global Economic Update
    • Catering Services - Global Key Competitors Percentage Market Share in 2024 (E)
    • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
    • Rising Demand for Corporate Events and Meetings Spurs Growth in Catering Services
    • Increasing Popularity of Personalized Menus Expands Opportunities in Catering
    • Health-Conscious Consumer Trends Propel Demand for Organic and Vegan Catering Options
    • Technological Innovations in Online Ordering and Management Systems Drive Efficiency in Catering Operations
    • Growing Preference for Experiential Dining Expands the Addressable Market for Catering Services
    • Here's How the Rise of Remote Work and Hybrid Events Fuels Demand for Catering Solutions
    • Shift Toward Smaller, Intimate Gatherings Creates Opportunities for Niche Catering Services
    • Expanding Use of Food Trucks and Mobile Kitchens Generates Demand for On-Site Catering
    • Cultural and Ethnic Food Trends Throw the Spotlight on Global Cuisine Catering
    • Rising Weddings and Social Events Market Sustains Growth in High-End Catering Services
    • Technological Integration in Catering Logistics Enhances Delivery Speed and Accuracy
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Catering Services Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
    • TABLE 2: World Recent Past, Current & Future Analysis for Catering Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 3: World Historic Review for Catering Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
    • TABLE 4: World 16-Year Perspective for Catering Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030

III. MARKET ANALYSIS

  • UNITED STATES
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
    • TABLE 5: USA Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 6: USA Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • CANADA
    • TABLE 7: Canada Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 8: Canada Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • JAPAN
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
    • TABLE 9: Japan Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 10: Japan Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • CHINA
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
    • TABLE 11: China Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 12: China Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • EUROPE
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
    • TABLE 13: Europe Recent Past, Current & Future Analysis for Catering Services by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 14: Europe Historic Review for Catering Services by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
    • TABLE 15: Europe 16-Year Perspective for Catering Services by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
  • FRANCE
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
    • TABLE 16: France Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 17: France Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • GERMANY
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
    • TABLE 18: Germany Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 19: Germany Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • ITALY
    • TABLE 20: Italy Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 21: Italy Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • UNITED KINGDOM
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
    • TABLE 22: UK Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 23: UK Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • SPAIN
    • TABLE 24: Spain Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 25: Spain Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • RUSSIA
    • TABLE 26: Russia Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 27: Russia Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • REST OF EUROPE
    • TABLE 28: Rest of Europe Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 29: Rest of Europe Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • ASIA-PACIFIC
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
    • TABLE 30: Asia-Pacific Recent Past, Current & Future Analysis for Catering Services by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 31: Asia-Pacific Historic Review for Catering Services by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
    • TABLE 32: Asia-Pacific 16-Year Perspective for Catering Services by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
  • AUSTRALIA
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
    • TABLE 33: Australia Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 34: Australia Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • INDIA
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
    • TABLE 35: India Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 36: India Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • SOUTH KOREA
    • TABLE 37: South Korea Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 38: South Korea Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • REST OF ASIA-PACIFIC
    • TABLE 39: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 40: Rest of Asia-Pacific Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • LATIN AMERICA
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
    • TABLE 41: Latin America Recent Past, Current & Future Analysis for Catering Services by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 42: Latin America Historic Review for Catering Services by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
    • TABLE 43: Latin America 16-Year Perspective for Catering Services by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2014, 2024 & 2030
  • ARGENTINA
    • TABLE 44: Argentina Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 45: Argentina Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • BRAZIL
    • TABLE 46: Brazil Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 47: Brazil Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • MEXICO
    • TABLE 48: Mexico Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 49: Mexico Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • REST OF LATIN AMERICA
    • TABLE 50: Rest of Latin America Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 51: Rest of Latin America Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • MIDDLE EAST
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
    • TABLE 52: Middle East Recent Past, Current & Future Analysis for Catering Services by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
    • TABLE 53: Middle East Historic Review for Catering Services by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
    • TABLE 54: Middle East 16-Year Perspective for Catering Services by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2014, 2024 & 2030
  • IRAN
    • TABLE 55: Iran Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 56: Iran Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • ISRAEL
    • TABLE 57: Israel Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 58: Israel Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • SAUDI ARABIA
    • TABLE 59: Saudi Arabia Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 60: Saudi Arabia Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • UNITED ARAB EMIRATES
    • TABLE 61: UAE Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 62: UAE Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • REST OF MIDDLE EAST
    • TABLE 63: Rest of Middle East Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 64: Rest of Middle East Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • AFRICA
    • Catering Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
    • TABLE 65: Africa Recent Past, Current & Future Analysis for Catering Services by Segment - Catering Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
    • TABLE 66: Africa Historic Review for Catering Services by Segment - Catering Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR

IV. COMPETITION

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