Press Releases

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Catering Services Market to be Aided by the Food Service Industry, Expected to Grow at a CAGR of 4.5% between 2020 and 2025.

Expert Market Research Thumbnail Image

"According to a new report by EMR titled, ‘Global Catering Services Market Report and Forecast 2020-2025’, the global catering services market is being driven by the growth of the food service industry, which attained a value of nearly USD 516.8 billion in 2019. By 2025, the foodservice market is projected to reach USD 672.9 billion, growing at an estimated CAGR of 4.5% between 2020 and 2025."

Europe and North America are the leading regions in the global catering services market. The market in these regions is being driven by the presence of the leading global players in these regions and the growing market for integrated facilities management. In such developed markets, almost 60-70% of the catering contracts that have been outsourced outside the companies and institutions have been done as a part of integrated facility management contracts. The presence of diversified product options and technological advancements in the industry in these regions is also aiding the market growth. While the market has reached high maturity in regions like the United Kingdom, France, Italy, the UAE, the US, Hong Kong, and Singapore, the market has a high growth potential in India, the Middle East, Canada, Japan, Mexico, and Australia. In emerging economies, the market is witnessing a healthy growth due to the rising penetration of global players into the organized sector and the increasing technological advancements.

As consumers are increasingly seeking healthier and fresh food in corporate offices and college campuses, leading players in the industry are introducing healthy and sustainably sourced food in their menu. In August 2018, Aramark (NYSE: ARMK), a leading player in the industry, announced that it is introducing innovative programs and healthier menu items across the 500 college and university campuses that it serves. These changes are in response to the rising demand from the Gen Z college students for locally sourced, fresh, and healthy meals on their campuses that are also readily available. To meet the increasing demand for sustainable food, the company has also launched Open Fields in partnership with FarmLogix to source sustainable ingredients as well as report its purchases easily. It also aims at significantly reducing single-use disposable plastics in its foodservice operations globally by 2022, with nearly 80% of its consumers attempting to limit their plastic usage.

Market Analysis by Products and Regions:

  • Based on product type, the global catering services equipment market can be divided into primary cooking, refrigeration and ice machines, storage and handling, serving equipment, food preparation, and warewashing and sanitation.
  • North America, Europe, Latin America, the Asia Pacific, and the Middle East and Africa are the major regional markets for catering services.

Key Findings of the Findings:

  • The global catering services market is being driven by the rising demand for healthy and fresh food by institutions such as corporate offices, schools, and colleges, among others.
  • The market is being aided by the implementation of stringent regulations regarding food safety and growing health consciousness among consumers.
  • The industry is witnessing a healthy growth in the corporate sector as companies are using regular, healthy, and heavily subsidized meals as talent retention and attraction strategies.
  • As people are becoming more averse to consuming packaged or frozen food on a regular basis, the fresh and organic food segment in the industry is projected to witness a healthy growth.
  • The higher penetration of online payment applications in emerging economies is further pushing the market forward as the payment process is becoming more accessible and streamlined.

Key Offerings of the Report:

  • The report by EMR gives a detailed overview of the global and regional markets for catering services, food service, and catering services equipment for the (2015-2019) and (2020-2025) periods.
  • The report also gives an assessment of the historical (2015-2019) and forecast (2020-2025) markets for the products in the global catering services equipment market.
  • An in-depth look into the procurement strategy, cost analysis, and negotiation level has been provided within the report, as well.

About Us:

Expert Market Research (EMR) is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Contact Us:

Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Purchase Options  

Buy Now  

Call us on

( USA & Canada )
( United Kingdom )
Send Enquiry  

"Global Catering Services Market: Catering Services Market By Region: North America, Europe, Asia Pacific, Latin America, Middle East and Africa; By Product: Primary Cooking, Refrigeration and Ice Machines, Storage and Handling, Serving Equipment, Food Preparation, Warewashing and Sanitation; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; EMR’s Key indicators for Demand; Procurement Strategy; Cost Analysis; Competitive Landscape & Supplier Analysis; Events and Developments"

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Expert Market Research Thumbnail Image
Global Point of Sale Materials (PoSM) Market Report and Forecast 2020-2025

The global point of sale materials (PoSM) industry is driven by the FMCG, food and beverage, and retail sectors, which contribute significantly to the growth of the point of sale industry. The global ...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Identity and Access Management Market Report and Forecast 2020-2025

The global identity and access management (IAM) market attained a value of USD 11.2 billion in 2019. The market is further expected to grow in the forecast period of 2020-2025 at a CAGR of 13% to reac...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Integrated Workplace Management System Market Report and Forecast 2020-2025

The global integrated workplace management system market attained a value of USD 2.5 billion in 2019. The market is further expected to grow in the forecast period of 2020-2025 at a CAGR of 15% to rea...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Physical Security Services Market Report and Forecast 2020-2025

The market for global physical security services is driven by the increase in crime rates, social unrest within countries, and rising terrorism. Developed countries account for half the market. The ma...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Influencer Marketing Platform Market Report and Forecast 2020-2025

Influencer marketing sites provide brands and companies with powerful research resources, some also have comprehensive, searchable databases of potential influencers with sophisticated algorithms. Inf...

  • 24 Hour Email Delivery
  • Price: $ 2999

Stay informed with our free industry updates.

Download Sample

Buy Full Version
"Catering Services Market" Purchase Enquiry