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The study considers a detailed scenario of the present contract catering market and its market dynamics for 2023-2028 in the US. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.
KEY HIGHLIGHTS
- The US contract catering market is growing significantly due to the rise of fresh food subscriptions, rising demand for customized food, penetration of smart devices and digitalization, growing need for balanced diet & wellness in geriatric care centres and the healthcare sector, the rise of entertainment, and the emergence of a new age of outsourcing facilities.
- In the US contract catering market, demand for high-quality nutritional-based food services is growing significantly and is expected to drive the market during the forecast period.
- Majority of the companies are focusing on K-12 school groups. There is significant demand for food services due to the US's rising infant and children population.
- Compass Group, Aramark Services, Sodexo, Delaware North, and others are the leading players with strong market penetration. Vendors such as American Dining Creations, Atalian Servest Group Ltd., AVI Foodsystems, Legends, Gourmet Caterers, Guest Services, ISS A/S, Nexdine, and others are the other prominent players in the market with a noteworthy presence.
- In the market of US contract catering, many local and global players focus on service differentiation by offering high-quality food to achieve a competitive advantage in the market.
- The local and international players in the US contract catering market are offering fresh food subscriptions or home meal kits, which will create a lucrative opportunity for vendors to gain a consumer base. For instance, Sodexo and Aramark are offering such services.
SEGMENTATION & FORECAST
Industry Market Insights (2022-2028)
- Business & Industry
- Education
- Healthcare & Senior Care
- Others
Contract Market Insights (2022-2028)
- Fixed Price
- Cost-Plus
- Others
Delivery Market Insights (2022-2028)
- IFM
- Single Service
Facility Market Insights (2022-2028)
- On-Premise
- On & Off-Premise
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of the US Contract Catering Market
- Key Vendors
- Other Prominent Vendors
APPENDIX
- Research Methodology
- Abbreviations
VENDORS LIST
Key Vendors
- Compass Group
- Aramark Services
- Sodexo
- Delaware North
- HMS Host
- Elior Group
Other Prominent Vendors
- American Dining Creations
- Atalian Servest Group Ltd.
- AVI Foodsystems
- Legends
- Gourmet Caterers
- Guest Services
- ISS A/S
- Nexdine
- Parkhurst Dining Solutions
- Quest Food Management Services LLC
- Taher Incorporated
- Thompson Hospitality Corporation
- The Nutrition Group
- Whitsons Culinary Group
Table of Contents
Companies Mentioned
- Compass Group
- Aramark Services
- Sodexo
- Delaware North
- HMS Host
- Elior Group
- American Dining Creations
- Atalian Servest Group Ltd.
- AVI Foodsystems
- Legends
- Gourmet Caterers
- Guest Services
- ISS A/S
- Nexdine
- Parkhurst Dining Solutions
- Quest Food Management Services LLC
- Taher Incorporated
- Thompson Hospitality Corporation
- The Nutrition Group
- Whitsons Culinary Group
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 70 |
| Published | September 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 53.78 Billion |
| Forecasted Market Value ( USD | $ 70.6 Billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | United States |
| No. of Companies Mentioned | 20 |
