The Business Research Company’s Global Catering Services and Food Contractors Market Report 2021: Impact and Recovery of COVID-19 to 2030
LONDON, GREATER LONDON, United Kingdom, November 12, 2021 /EINPresswire.com/ – According to the new market research report ‘Global Catering Services and Food Contractors Market Report 2021: COVID-19 Impact And Recovery âpublished by The Business Research Company, the market for catering services and catering contractors is expected to grow from $ 234.56 billion in 2020 to $ 251.82 billion in 2021 at a rate of compound annual growth (CAGR) of 7.4%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 328.11 billion in 2025 at a CAGR of 7%. The growth of the catering services and food contractor market is aided by stable economic growth expected in many developed and developing countries.
Sample request for Global Catering Services and Food Contractors Market report:
The catering services and catering contractors market includes the sale of unique event catering services or catering services in institutional, government, commercial or industrial locations of third parties on the basis of contractual arrangements with these types of organizations. for a period specified by entities (organizations, independent traders and partnerships) that provide catering services based on one-time events or catering services in institutional, government, commercial or industrial locations of third parties on the basis of contractual arrangements with these types of organizations for a specified period of time.
Global Foodservice & Food Entrepreneur Market Trends
There is an increasing emphasis on sourcing local and organic raw materials and ingredients to produce meals. Many people between the ages of 18 and 35 prefer organic meals as they become aware of their eating habits and lifestyle. For example, over 1.5 million meals are delivered daily under the Food for Life brand, known for its biologically balanced meals. Establishments in the industry are increasingly looking to differentiate themselves by improving their ingredients and experimenting with healthier meals.
Global Catering Services and Catering Contractors Market Segments:
The global catering services and catering contractors market is further segmented:
By type: Catering contractors, Catering services
By property: chained, autonomous
By Geography: The global catering services and catering contractors market is segmented into North America, South America, Asia Pacific, Eastern Europe, Western Europe, Middle East and in Africa. Among these regions, the Western European catering services and catering contractors market accounts for the largest share of the global catering services and catering contractors market.
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The Global Catering Services and Food Contractors Market report 2021 is part of a series of new reports from The Business Research Company that provides global Catering Services and Food Contractors market overviews, analysis and forecasts on the market size and growth for the global catering services and food contractors market, catering services and catering contractors global market share, catering services and catering contractors global market players, catering services catering and catering contractors global market segments and geographies, catering services and catering contractors the revenues, profiles and market shares of the major competitors in the global market. The Global Catering Services and Food Contractors Market report identifies key countries and segments for opportunities and strategies based on market trends and approaches of key competitors.
Read The Business Research Company’s Global Catering Services and Food Contractors Market 2021 report for insights into the following:
Data segments: market size, global, by region and country, historical and forecast size and growth rate for the world, 7 regions and 12 countries
Foodservice market organizations and food contractors covered: Compass Group plc, Sodexo, Aramark Corporation, Elior Group, Delaware North.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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