Reports
United States Catering Market Size, Share, Growth, Forecast: By Type: Contractual, Non-Contractual; By Services: Inhouse, Outsource; By Application: Corporate Catering, Social Events, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
United States Catering Market Outlook
The United States catering market size reached a value of approximately USD 10.8 billion in 2022. The market is further expected to grow at a CAGR of 4.60% between 2023 and 2028, reaching a value of USD 14.15 billion by 2028.
Key Trends in the Market
Catering refers to the provision of consumption-ready food and drink to a large number of people at gatherings and social events such as weddings, birthdays, and office parties. Providers of catering services may be independent caterers or a part of a larger hospitality business such as hotels or restaurants. Catering generally involves purchasing raw food items, cooking the food, and preparing it for serving, but can also include serving guests directly. The catering services are billed to the person or company making the booking, and no charges are presented to guests directly.
- Rising disposable income is a key trend in the United States catering market, which is leading to an increased number of social gatherings and parties with catering services. The convenience of catering services and availability of a wide variety of options is encouraging the demand for these services to provide guests with quality food.
- Increasing integration of technology in catering services is aiding the growth of the catering market in the United States. Technology is aiding in managing catering services, particularly larger orders with complex menus. Different types of management software, computer-based accounting programs and online staffing systems are being used in the catering market in the United States.
- Growing number of corporate events is expected to bolster the United States catering market in the coming years. Catering offers a convenient means of arranging for good quality food and beverages at corporate events with minimal need for management or oversight by the company itself as the entire task can be outsourced to catering service providers.
Market Analysis
Based on type, the market is segmented into contractual, and non-contractual. On the basis of services, the market is bifurcated into inhouse and outsource. Based on application, the market is divided into corporate catering, and social events, among others. The regional markets for catering in the United States are categorised into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States catering market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Sodexo
- Compass Group
- ISS A/S
- Jones Lang LaSalle In
- Aramark
- San Francisco Catering Company
- Tres LA Group
- San Diego SA
- Elaine Bell Catering
- DJ's California Catering
- Others
Market Share by Services
Based on services, outsource accounts for a significant share of the United States catering market as it is easier for clients and also more cost-effective in comparison to in-house catering. By outsourcing catering services, clients are not required to set up extensive in-house teams, allocate space, or spend money on recurring salaries. Outsourcing also supports greater flexibility as clients can choose from a variety of catering service providers to find suitable menus, costs, and added services. Depending upon the event needs and budget, with outsourcing clients can easily switch between catering service providers for different events.
Competitive Landscape
Sodexo is a facility management company which was founded in 1966 and is headquartered in Marseille, France. It is a food services companies which also provides facility management and employee benefit solutions, with specialisations in personal and home services, catering, and employee motivation programmes.
Compass Group is a foodservice marketing company which is headquartered in Chertsey, England and was founded in 1941. The company offers nutritious and innovation dining solutions with high-quality food and hospitality services, providing their services to offices, hospitals, universities, and remote and offshore sites, among others.
Other market players include ISS A/S, Jones Lang LaSalle In, Aramark, San Francisco Catering Company, Tres LA Group, San Diego SA, Elaine Bell Catering, and DJ's California Catering, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Services |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 United States Catering Market Overview
8.1 Key Industry Highlights
8.2 United States Catering Historical Market (2018-2022)
8.3 United States Catering Market Forecast (2023-2028)
9 United States Catering Market by Type
9.1 Contractual
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Non-Contractual
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 United States Catering Market by Services
10.1 Inhouse
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Outsource
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
11 United States Catering Market by Application
11.1 Corporate Catering
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Social Events
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Others
12 United States Catering Market by Region
12.1 New England
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Mideast
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Great Lakes
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Plains
12.4.1 Historical Trend (2018-2022)
12.4.2 Forecast Trend (2023-2028)
12.5 Southeast
12.5.1 Historical Trend (2018-2022)
12.5.2 Forecast Trend (2023-2028)
12.6 Southwest
12.6.1 Historical Trend (2018-2022)
12.6.2 Forecast Trend (2023-2028)
12.7 Rocky Mountain
12.7.1 Historical Trend (2018-2022)
12.7.2 Forecast Trend (2023-2028)
12.8 Far West
12.8.1 Historical Trend (2018-2022)
12.8.2 Forecast Trend (2023-2028)
13 Average Spending on Catering Services in Selected Regions (Corporate Vs Social)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Sodexo
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Compass Group
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 ISS A/S
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Jones Lang LaSalle In
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Aramark
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 San Francisco Catering Company
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Tres LA Group
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 San Diego SA
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Elaine Bell Catering
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 DJ's California Catering
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. United States Catering Market: Key Industry Highlights, 2018 and 2028
2. United States Catering Historical Market: Breakup by Type (USD Million), 2018-2022
3. United States Catering Market Forecast: Breakup by Type (USD Million), 2023-2028
4. United States Catering Historical Market: Breakup by Service (USD Million), 2018-2022
5. United States Catering Market Forecast: Breakup by Service (USD Million), 2023-2028
6. United States Catering Historical Market: Breakup by Application (USD Million), 2018-2022
7. United States Catering Market Forecast: Breakup by Application (USD Million), 2023-2028
8. United States Catering Historical Market: Breakup by Region (USD Million), 2018-2022
9. United States Catering Market Forecast: Breakup by Region (USD Million), 2023-2028
10. United States Catering Market Structure
Key Questions Answered in the Report
In 2022, the market reached an approximate value of USD 10.8 billion.
The market is expected to grow at a CAGR of 4.60% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028, reaching a value of USD 14.15 billion by 2028.
The major market drivers for the market are the increasing frequency of social events, rising disposable income, and growing demand from corporates.
Increasing incorporation of technology, rising popularity of food outsourcing in parties, and growing variety of catering menu options are some of the key trends of the market.
The major regional markets for catering in the United States are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The primary types of catering in the market are contractual and non-contractual.
The key players in the United States catering market, according to the report, are Sodexo, Compass Group, ISS A/S, Jones Lang LaSalle In, Aramark, San Francisco Catering Company, Tres LA Group, San Diego SA, Elaine Bell Catering, and DJ's California Catering, among others.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$3499-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$4499-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$5499-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
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
NEWSLETTER