Looking forward, IMARC Group expects the global contract catering market to grow at a CAGR of around 6% during the forecast period (2021-2026).

SHERIDAN, WYOMING, UNITED STATES, October 18, 2021 /EINPresswire.com/ -- According to IMARC Group’s latest report, titled “Contract Catering Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global contract catering market reached a strong growth in 2020. Contract catering refers to the services offered by an independent caterer or catering company to supply food in an event or workplace for a specified period of time. Catering services are generally outsourced to streamline various processes related to catering in a cost-efficient manner. These services include the supply of food, arrangement of tables and chairs, and the assistance of cleaning and serving staff.

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The global market is primarily driven by the rising trend of fine dining to establish a good relationship with clients as a part of business development. Moreover, significant growth in the hospitality sector is creating a positive outlook for the market. Along with this, digitization of various contract catering processes is providing an impetus to the market growth as it offers numerous services, such as pre-booking and online menu options, to the consumers for enhanced convenience. Other factors, including rapid urbanization and the increasing popularity of weekend parties across the corporate sector, are also contributing to the market growth. Looking forward, IMARC Group expects the global contract catering market to grow at a CAGR of around 6% during the forecast period (2021-2026).

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

ABM Catering Solutions
Amadeus
Aramark
Atalian Servest
Barlett Mitchell
Blue Apple Catering
Camst Group
Caterleisure Ltd.
CH&CO Catering
Compass PLC
Dine Contract Catering
Elior Group
Fazer Food Services
Interserve
OCS Group Ltd.
Sodexo

Contract Catering Market Segmentation:

Breakup by Contract Type:

Fixed Price Contracts
Cost Plus Contracts

Breakup by Modes of Contract:

Outsourced
Self-Operated

Breakup by End User:

Business and Industry
Education
Healthcare and Senior Care
Defence and Offshore
Sports and Leisure
Airports
Others

Breakup by Region:

North America (United States, Canada)
Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/contract-catering-market

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                    

Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 6317911145
email us here

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