U.S. Contract Catering Market - Focused Insights 2023-2028

Published Date :  SEP 2023

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The U.S. contract catering market report explores the trends reshaping the market landscape, from sustainability initiatives to integrating technology for streamlined service. Our study paints a detailed picture of the present landscape, providing a comprehensive view of market dynamics for the projected period.

The U.S. contract catering market was valued at USD 53.78 billion in 2022 and is projected to reach USD 70.60 billion by 2028, growing at a CAGR of 4.64% during the forecast period. Contract catering refers to the food services provided by a catering company for an organization or an event on a contractual basis. Contract catering is one of the best cost-effective ways to manage food services. The contract catering companies increase the client's reputation and business by offering high-quality food and beverages. The U.S. contract catering market is growing rapidly post-pandemic. In the U.S., contract catering services are adopting diverse sectors such as business & industry, education, healthcare, senior care, sports, entertainment, aerospace, defense, marine, etc. In the hospitality and tourism industry, establishing good relationships with clients and maintaining the quality of catering service is crucial. It helps in business development further. In the U.S. contract catering market, exotic ingredients, premium table services, aesthetic delicacies, and live food counters are the profound ways of offering food services. Due to rising consumer living standards, demand for contract catering services in the U.S. market is expected to grow significantly during the forecast period.

This report offers market size & forecast data for the U.S. contract catering market, and revenue generated from the sale of contract catering is included in the report. This report provides a comprehensive and current market scenario of the U.S. contract catering market, including the market size, anticipated market forecast, relevant market segmentations, and industry trends.

The study considers a detailed scenario of the present contract catering market and its market dynamics for 2023−2028 in the U.S. contract catering market. 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.

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Summary

  • The U.S. 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 centers and the healthcare sector, rise of entertainment, and emergence of a new age of outsourcing facilities.
  • Most companies focus on the K-12 school group; there is significant demand for food services due to the US's rising infant and children population.
  • The demand for high-quality nutritional-based food services is growing significantly and is expected to drive the U.S. contract catering market during the forecast period.
  • Compass Group, Aramark Services, Sodexo, Delaware North, and others are the leading players in the U.S. contract catering market 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 U.S. contract catering market, many local and global players focus on service differentiation by offering high-quality food to achieve a competitive advantage.
  • The local and international players in the market are offering fresh food subscriptions or home meal kits, which will create lucrative opportunities for vendors to gain a consumer base. For instance, Sodexo and Aramark are offering such services.
  • Due to digitization across the U.S., the consumer preference for online menu selection and pre-booking orders is increasing. Companies are also offering such services with customized orders with shorter waiting duration.
  • Offering tailored support service packages with dining solutions in the education sector is a growing trend in the U.S. contract catering market.

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 U.S. Contract Catering Market
  • Key Vendors
  • Other Prominent Vendors 

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U.S. Contract Catering Market Focused InsightsDOWNLOAD SAMPLE

Please Note : Arizton critically analyzes the industry and market sectors to provide reliable and valuable market intelligence. The research-based knowledge empowers clients to formulate intelligent strategies, resulting in creative, cost-effective, and efficient execution.

Table Of Contents

  • Executive Summary
  • Key Findings
  • Key Developments

  • 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 

  • US Contract Catering Market Drivers
  • US Contract Catering Market Trends
  • US Contract Catering Market Constraints

  • US Contract Catering - Competitive Landscape
  • US Contract Catering - Key Players
  • US Contract Catering - Key Company Profiles

  • Research Methodology
  • Abbreviations
  • Arizton

Exhibit 1: US Contract Catering Market ($ BN)

Exhibit 2: US Contract Catering Market By Business & Industry ($ BN)

Exhibit 3: US Contract Catering Market By Education ($ BN)

Exhibit 4: US Contract Catering Market By Healthcare & Senior Care ($ BN)

Exhibit 5: US Contract Catering Market By Others ($ BN)

Exhibit 6: US Contract Catering Market By Fixed Price ($ BN)

Exhibit 7: US Contract Catering Market By Cost-Plus ($ BN)

Exhibit 8: US Contract Catering Market By Others ($ BN)

Exhibit 9: US Contract Catering Market By IFM ($ BN)

Exhibit 10: US Contract Catering Market By Single Service ($ BN)

Exhibit 11: US Contract Catering Market By On-Premise ($ BN)

Exhibit 12: US Contract Catering Market By On & Off-Premise ($ BN)

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Frequently Asked Questions

The U.S. contract catering market was valued at USD 53.78 billion in 2022 and is projected to reach USD 70.60 billion by 2028, growing at a CAGR of 4.64% during the forecast period.

The growth of the U.S. contract catering market is driven by factors such as the rise of fresh food subscriptions, increasing demand for customized food, penetration of smart devices and digitalization, a growing need for balanced diets and wellness in geriatric care centers, and the healthcare sector, the rise of entertainment, and the emergence of a new age of outsourcing facilities.

Some leading players in the U.S. contract catering market include Compass Group, Aramark Services, Sodexo, Delaware North, HMS Host, and Elior Group.

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