220 likes | 233 Views
According to www.techsciresearch.com latest Report- Global catering services market stood at $ 130 billion in 2018 and is projected to grow at a CAGR of more than 6% during the forecast period to cross $ 205 billion by 2024<br><br>Report URL- https://www.techsciresearch.com/report/global-catering-services-market/3902.html<br>
E N D
2014 – 2024 GLOBAL CATERING SERVICES MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING
Scope of Report Product of Interest (POI): Modular Construction Catering Services Catering is the business of providing food service at a remote site or a site such as a hotel, hospital, pub, aircraft, cruise ship, park, filming site or studio, entertainment site, or event venue. Caterers provide food for parties, events and institutions. They can serve meals to large number of people in a banquet hall or deliver box lunches to a small business meeting. A caterer provides hot or cold food to clients at a remote location. The business may cater in food that consists of hot gourmet meals prepared on-site, buffet food served in chafing dishes, or party platters of cheese, meats and snacks. Market Segmentation TYPE END USER Year Range CATERING SERVICES MARKET CATERING SERVICES MARKET Industrial Contractual • • Manufacturing Non-Contractual • • Review Period Oil & Gas • Utilities • 2014 – 2017 Mining • Base Year Hospitality • Educational • 2018 Healthcare • Estimated Year REGION In-Flight • Others • 2019 Europe • North America • Forecast Period Asia-Pacific • 2020 – 2024 South America • Middle East & Africa • 2
Table of Contents S. No. Contents Page No. 1. Catering Services: Product Overview 2. Research Methodology 3. Executive Summary 4. Voice of Customer 4.1. Factors considered while selecting a supplier 4.2. Product awareness and applicability & usage analysis 4.3. Challenges/issues faced post purchase 4.4. Unmet Needs 5. Global Catering Services Market Outlook 5.1. Market Size & Forecast 5.1.1. By Value 5.2. Market Share & Forecast 5.2.1. By Type (Contractual; Non-Contractual) By End User (Industrial [Manufacturing, Oil & Gas, Utilities, Mining]; Hospitality; 5.2.2. Educational; Healthcare; In-Flight; Others) By Region (Asia-Pacific, Europe, North America, South America and Middle East & Africa) 5.2.4. 5.2.5. By Company (2018) 5.3. Product Market Mapping 3
Table of Contents S. No. Contents Page No. 6. Asia-Pacific Catering Services Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Type 6.2.2. By End User 6.2.3. By Country 6.3. Asia-Pacific: Country Analysis China Catering Services Market Outlook 6.3.1. Market Size & Forecast 6.3.1.1. By Value 6.3.1.1.1. Market Share & Forecast 6.3.1.2. By Type 6.3.1.2.1. By End User 6.3.1.2.2. 6.3.1.3. List of Major Companies Providing Catering Services India Catering Services Market Outlook 6.3.2. Market Size & Forecast 6.3.2.1. By Value 6.3.2.1.1. Market Share & Forecast 6.3.2.2. By Type 6.3.2.2.1. 4
Table of Contents S. No. Contents Page No. By End User 6.3.2.2.2. 6.3.2.3. List of Major Companies Providing Catering Services Japan Catering Services Market Outlook 6.3.3. Market Size & Forecast 6.3.3.1. By Value 6.3.3.1.1. Market Share & Forecast 6.3.3.2. By Type 6.3.3.2.1. By End User 6.3.3.2.2. 6.3.3.3. List of Major Companies Providing Catering Services South Korea Catering Services Market Outlook 6.3.4. Market Size & Forecast 6.3.4.1. By Value 6.3.4.1.1. Market Share & Forecast 6.3.4.2. By Type 6.3.4.2.1. By End User 6.3.4.2.2. 6.3.4.3. List of Major Companies Providing Catering Services Australia Catering Services Market Outlook 6.3.5. Market Size & Forecast 6.3.5.1. By Value 6.3.5.1.1. Market Share & Forecast 6.3.5.2. By Type 6.3.5.2.1. 5
Table of Contents S. No. Contents Page No. By End User 6.3.5.2.2. 6.3.5.3. List of Major Companies Providing Catering Services Thailand Catering Services Market Outlook 6.3.6. Market Size & Forecast 6.3.6.1. By Value 6.3.6.1.1. Market Share & Forecast 6.3.6.2. By Type 6.3.6.2.1. By End User 6.3.6.2.2. 6.3.6.3. List of Major Companies Providing Catering Services 7. Europe Catering Services Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Type 7.2.2. By End User 7.2.3. By Country 7.3. Europe: Country Analysis France Catering Services Market Outlook 7.3.1. 7.3.1.1. Market Size & Forecast 7.3.1.1.1. By Value 6
Table of Contents S. No. Contents Page No. 7.3.1.2. Market Share & Forecast 7.3.1.2.1. By Type 7.3.1.2.2. By End User 7.3.1.3. List of Major Companies Providing Catering Services Germany Catering Services Market Outlook 7.3.2. Market Size & Forecast 7.3.2.1. By Value 7.3.2.1.1. Market Share & Forecast 7.3.2.2. 7.3.2.2.1. By Type 7.3.2.2.2. By End User 7.3.2.3. List of Major Companies Providing Catering Services United Kingdom Catering Services Market Outlook 7.3.3. Market Size & Forecast 7.3.3.1. By Value 7.3.3.1.1. Market Share & Forecast 7.3.3.2. 7.3.3.2.1. By Type 7.3.3.2.2. By End User 7.3.3.3. List of Major Companies Providing Catering Services Italy Catering Services Market Outlook 7.3.4. Market Size & Forecast 7.3.4.1. By Value 7.3.4.1.1. 7
Table of Contents S. No. Contents Page No. Market Share & Forecast 7.3.4.2. 7.3.4.2.1. By Type 7.3.4.2.2. By End User 7.3.4.3. List of Major Companies Providing Catering Service Russia Catering Services Market Outlook 7.3.5. Market Size & Forecast 7.3.5.1. By Value 7.3.5.1.1. Market Share & Forecast 7.3.5.2. 7.3.5.2.1. By Type 7.3.5.2.2. By End User 7.3.5.3. List of Major Companies Providing Catering Service Spain Catering Services Market Outlook 7.3.6. Market Size & Forecast 7.3.5.1. By Value 7.3.5.1.1. Market Share & Forecast 7.3.5.2. 7.3.5.2.1. By Type 7.3.5.2.2. By End User 7.3.5.3. List of Major Companies Providing Catering Service 8. North America Catering Services Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8
Table of Contents S. No. Contents Page No. 8.2. Market Share & Forecast 8.2.1. By Type 8.2.2. By End User 8.2.3. By Country 8.3. North America: Country Analysis United States Catering Services Market Outlook 8.3.1. Market Size & Forecast 8.3.1.1. By Value 8.3.1.1.1. Market Share & Forecast 8.3.1.2. 8.3.1.2.1. By Type 8.3.1.2.2. By End User 8.3.1.3. List of Major Companies Providing Catering Services 8.3.2. Mexico Catering Services Market Outlook 8.3.2.1. Market Size & Forecast By Value 8.3.2.1.1. 8.3.2.2. Market Share & Forecast 8.3.2.2.1. By Type 8.3.2.2.2. By End User 8.3.2.3. List of Major Companies Providing Catering Services 8.3.3. Canada Catering Services Market Outlook 9
Table of Contents S. No. Contents Page No. 8.3.3.1. Market Size & Forecast By Value 8.3.3.1.1. 8.3.3.2. Market Share & Forecast 8.3.3.2.1. By Type 8.3.3.2.2. By End User 8.3.3.3. List of Major Companies Providing Catering Services 9. South America Catering Services Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Type 9.2.2. By End User 9.2.3. By Country 9.3. South America: Country Analysis 9.3.1. Brazil Catering Services Market Outlook 9.3.1.1. Market Size & Forecast By Value 9.3.1.1.1. 9.3.1.2. Market Share & Forecast 9.3.1.2.1. By Type 9.3.1.2.2. By End User 10
Table of Contents S. No. Contents Page No. 9.3.1.3. List of Major Companies Providing Catering Services 9.3.2. Argentina Catering Services Market Outlook 9.3.2.1. Market Size & Forecast By Value 9.3.2.1.1 9.3.2.2. Market Share & Forecast 9.3.2.2.1. By Type 9.3.2.2.2. By End User 9.3.2.3. List of Major Companies Providing Catering Services 9.3.3. Colombia Catering Services Market Outlook 9.3.3.1. Market Size & Forecast By Value 9.3.3.1.1. 9.3.3.2. Market Share & Forecast 9.3.3.2.1. By Type 9.3.3.2.2. By End User 9.3.3.3. List of Major Companies Providing Catering Services 10. Middle East & Africa Catering Services Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value 10.2. Market Share & Forecast 10.2.1. By Type 10.2.2. By End User 11
Table of Contents S. No. Contents Page No. 10.2.3. By Country 10.3. Middle East & Africa: Country Analysis South Africa Catering Services Market Outlook 10.3.1. 10.3.1.1. Market Size & Forecast By Value 10.3.1.1.1. 10.3.1.2. Market Share & Forecast 10.3.1.2.1. By Type 10.3.1.2.2. By End User 10.3.1.3. List of Major Companies Providing Catering Service Saudi Arabia Catering Services Market Outlook 10.3.2. 10.3.2.1. Market Size & Forecast By Value 10.3.2.1.1. 10.3.2.2. Market Share & Forecast 10.3.2.2.1. By Type 10.3.2.2.2. By End User 10.3.2.3. List of Major Companies Providing Catering Service UAE Catering Services Market Outlook 10.3.3. 10.3.3.1. Market Size & Forecast By Value 10.3.3.1.1. 10.3.3.2. Market Share & Forecast 12
Table of Contents S. No. Contents Page No. By Type 10.3.3.2.1. By End User 10.3.3.2.2. 10.3.3.3. List of Major Companies Providing Catering Services 10.3.4. Iran Catering Services Market Outlook Market Size & Forecast 10.3.4.1.1. 10.3.4.1. By Value Market Share & Forecast 10.3.4.2. By Type 10.3.4.2.1. By End User 10.3.4.2.2. 10.3.4.3. List of Major Companies Providing Catering Services 11. Market Dynamics 11.1. Drivers 11.2. Challenges 12. Market Trends and Developments 13. Competitive Landscape 13.1. Competition Outlook 13.2. Company Profiles (Top 10 Global Player) 14. Strategic Recommendations 15. About Us & Disclaimer 13
RESEARCH METHODOLOGY RESEARCH METHODOLOGY
Research Methodology Market Profiling Data Analysis Data Data Developing list of respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the global catering services market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the global catering services market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Final Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 15
Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of global catering services market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as constantly changing dynamics of the modern workforce and the insatiable appetite for different types of cuisines, growing popularity of home meal replacements and fresh food subscription services, etc., and speculated a positive outlook for the market over the next 5 years. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global catering services market. Methodology Followed for Calculation of Market Size: Market Size by Value: Market size, in terms of value, for the year 2018 was calculated based on information collected through exhaustive • secondary research and primary surveys, with various key opinion leaders/stakeholders, such as catering services providers, channel partners, end users, industry experts, and other industry participants. The team interviewed more than 100 stakeholders in the global catering services market to obtain the overall market size from 2014 to 2018, which • was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2014-2018. 16
Research Methodology Respondents were asked about the current and future market growth rates, market shares by type, by end user and by each region. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market shares by type, by end user, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various types of catering services. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global catering • services market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 17
Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. Partial List of Companies Interviewed Key Secondary Sources Aramark International Monetary Fund ▪ ▪ Compass Group PLC World Bank ▪ ▪ DO and CO TechSci Research Proprietary Database & Knowledge ▪ ▪ Elior Group Repository ▪ Gategroup Company Annual Reports ▪ ▪ Newrest Industry Magazines ▪ ▪ Sodexo Inc. Industry Reports ▪ ▪ WSH News Dailies ▪ ▪ ABM Catering Solutions Credible Paid Databases ▪ ▪ SV Group ▪ Cushman & Wakefield ▪ ISS Facilities Services Inc. ▪ 18
INDUSTRY BRIEF According to TechSci Research report, “Global Catering Services Market By Type, By End User, By Region, Competition, Forecast & Opportunities, 2024”, global catering services market is projected to cross $ 205 billion by 2024, on the back of increasing focus on wellbeing and health by several hospitals, businesses, elderly care centers and educational institutions. Growing popularity of home meal replacements and fresh food subscription services is expected to drive global catering services market during forecast period. By end user, the market has been categorized into industrial, hospitality, educational, healthcare, in-flight and others. Among the end users, industrial category accounted for majority of the global catering services market share in 2018. Expatriates working in different industries like manufacturing, oil & gas, construction, utilities and mining sites are the major revenue generators for catering companies in the Middle Eastern region. Moreover, hospitality category is expected to witness healthy growth during the forecast period, on account of increasing demand for meals that are categorized into high calories, low fat/low sugar, or meals with certain excluded ingredients, easily digestible, and chewable properties. Asia-Pacific is expected to account for the largest share in the global catering service market in coming years, owing to stringent regulations that promote people towards healthy eating. “Constantly changing dynamics of the modern workforce and insatiable appetite for different types of cuisines are some of the major factors expected to aid global catering services market. The growing need for hospitality and fine dining as a way of building relationships with clients and a tool to develop business for entertaining guests is anticipated to result in growth opportunities for players operating in global contract catering services over the course of next five years.” said, Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 19
SAMPLE DATA - SNAPSHOT Global Catering Services Market Size, By Value, 2019E & 2024F (USD Million) $XX Million 2024F Global Catering Services Market, By Share, By Company, By Value, 2018 Company A Company B XX% CAGR Company C $XX Million 2019E Company D Others Germany Catering Services Market Share, By Type, By Value, 2014–2024F Non Contractual 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% Contractual 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 2014 2015 2016 2017 2018 2019E 2020F 2021F 2022F 2023F 2024F Europe Catering Services Market Share, By End User, By Value, 2014–2024F Industrial Hospitality Educational Healthcare In-Flight Others 2024F 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 2022F 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 2020F 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 2018 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 2016 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 17.00% 17.00% 17.00% 17.00% 17.00% 15.00% 2014 20
REPORT ORDERING Report Name: GLOBAL CATERING SERVICES MARKET FORECAST & OPPORTUNITIES 2014 – 2024 License Type Single User License Price $4450 Multi-User License Custom Research License $5450 $9450 To View Sample OR Purchase Report 21
About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Partial List of Clients Related Reports Global Facility Management Market Forecast and Opportunities, 2014 – 2024 Global Inflight Catering Services Market, 2014-2024 TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.