Contract Catering Market Size, Projections, Drivers, Trends, Vendors, and Analysis by Forecast 2022 – 2031

Kenneth Research, in its repository of market research reports, have recently added a report on Contract Catering Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Contract Catering Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Contract Catering Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

The Contact Catering market is growing significantly over the coming years. The major driving factor of global Contract Catering market are increasing focus on wellbeing, and health by several businesses, hospitals, education institutions and aged care centers. The major restraining factor of global contract catering market are stringent directives and political uncertainties accompanied with retention of skilled manpower. Contact catering refers to a catering company that is hired by a business or organization to provide catering service every day or on a very regular basis. Contact caterers hold the risk and responsibility for achieving success. Inspiration and ideas will be driven by them and tailored to client needs. Catering team managed by expert HR professionals with catering specialism. Contact caterers focus on the catering so that clients can focus on their business. The caters employs experts in every field from marketing and food safety to food innovation. Caterers employ independent and fully certified health and safety offers to complete full risk assessments and respond to any queries.

The regional analysis of Global Contract Catering Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share in 2017 owing to technological advancements towards quick and healthy eating. Europe also contributes a satisfactory growth in the global contract catering market. North America also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to growing requirement for personalization, fast service and convenience across various end user segments.

The major market player included in this report are:

• Amadeus Food
• Atalian Servest
• Barlett Mitchell
• Blue Apple Catering
• Dine Contract Catering
• ISS World Services
• Mitie Catering Services
• Sodexo
• Elior Group
• Aramark
• WSH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Industry:

. B&I
. Education
. Healthcare
. Senior Care
. Others

By Contract Type:

. Fixed Price
. Cost Plus
. Others

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By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Global Contract Catering Market in Market Study:

. Key Consulting Companies & Advisors
. Large, medium-sized, and small enterprises
. Venture capitalists
. Value-Added Resellers (VARs)
. Third-party knowledge providers
. Investment bankers
. Investors

TABLE OF CONTENTS

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Contract Catering Market, by Industry, 2015-2025 (USD Billion)
1.3.2. Contract Catering Market, by Contract Type, 2015-2025 (USD Billion)
1.3.3. Contract Catering Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Contract Catering Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Contract Catering Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Contract Catering Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.1. Supplier
4.3.2. Manufacturers/Service Provider
4.3.3. Distributors

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