Catering Services in Ireland - Industry Market Research Report

Eating it up: Caterers' revenue continues to rebound from lockdown lows as postponed events take place

Irish caterers have recently contended with challenges stemming from poor consumer and business and have yet to fully recover from the adverse influences of the COVID-19 pandemic. Before the pandemic, revenue growth was supported by strong corporate demand, in line with rising business sentiment, falling unemployment, strong growth in real disposable income and booming consumer sentiment among households. Rising demand encouraged new entrants into the industry, intensifying competition and forcing caterers to embrace differentiation as a means of distinguishing themselves from rivals. Caterers also continue to face external competition from food-service companies, particularly hotels and restaurants. Companies in this industry provide catering services for specified locations or events such as weddings and corporate functions. Meals and snacks may be transported or prepared and served on or off the premises, as required by the client. The industry excludes the provision of contracted catering on an ongoing basis. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.