The term foodservice refers to the preparation and serving of food away from home and encompasses a broad assortment of service options. The foodservice industry consists of two broad categories: Self operated and Contract catering. Contract catering businesses provides institutions, schools, hospitals and other businesses with meal programs designed to meet specific needs. It mainly operates in the outsourcing structure by a firm or a collective organization of their restaurant services by a specialized company on a contractual base.
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Based on amount of financial risks that contract catering company bears and potential compensation, profit or loss that it receives, the contract catering foodservice contracts usually fall in one of the three types of contracts: Fee-based/Cost Plus, Profit & Loss, and Fixed Price. The overall market is segmented into five major end markets namely; business and industry, healthcare and senior, education, sports and leisure, and defense, offshore and remote.
The global contract catering market is likely to grow significantly in the coming years driven by increasing demand for customized food, rising global middle class population and growing use of technology. However, certain factors including increasing food safety issues, stringent government standards and increased competition are likely to pose threat to growth of the respective market.
The report “Global Contract Catering Market: Industry Analysis & Outlook (2016-2020)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering the North America, Europe and Asia Pacific regions along with the global market.
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Major Points from Table of Contents:
2. Foodservice Market
3. Global Contract Catering Market
4. Regional Contract Catering Market
5. Market Dynamics
6. Competitive Landscape
7. Company Profiles
Another report on “Global Contract Catering Market (By End-Use Sector, By Region, By Country): Opportunities and Forecasts (2016- 2021)” analyses the end-use segments by region and by country. Leading players of the industry profiled in the report include Compass Group, Elior, Sodexo, Aramark, Baxterstorey, Ch & Co Catering and MITIE Catering Services.
According to this report contract catering market is expected to growth at a CAGR of 4.02% in the period 2016-2021. The objective of the research is to present the historical growth (2010-2015) and the future projections (2016-2021) of the global contract catering market (global, regional, country-specific) by various segments (Business & Industry, Education, Hospital, Senior Care, Defence & Offshore, Sports & Leisure). Historical market trend of contact catering has been figured out through secondary research (associations, annual reports, magazines, journals) and by various paid databases. For presenting the dynamics of the industry and future projections, primary research was conducted and experts from the industry were interviewed.
Scope of the Report
The report provides Segmentation by End-Use Sector
– Business & Industry
– Senior Care
– Defence & Offshore
– Sports & Leisure
The report provides coverage by Region
– North America
– Asia Pacific
The report provides coverage by Country
– United States
– United Kingdom
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The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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