North America Catering Market 2018: By Types, Size, Key Players, Demand, Revenue, Opportunities, Growth Factors, Trend & Forecast Till 2025 - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

North America Catering Market 2018: By Types, Size, Key Players, Demand, Revenue, Opportunities, Growth Factors, Trend & Forecast Till 2025

Description:

“Catering Market”, this study is recently published by Adroit Market Research covering North America market size. – PowerPoint PPT presentation

Number of Views:2

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: North America Catering Market 2018: By Types, Size, Key Players, Demand, Revenue, Opportunities, Growth Factors, Trend & Forecast Till 2025


1
North America Catering Market
  • Size 2017 by Type (In House/ On Premise,
    Outsourced/Off Premise), by Event Type (Social
    Events, Corporate Events), by Industry Business
    and Industry (BI), Education, Healthcare,
    Leisure, Others, by Country (U.S., Canada),
    Trend and Forecast, 2018 to 2025

Single Use License US 3500
Request Sample
2
North America Catering Market Growth Driver
Analysis and 2025 Outlook
  • The North America catering market is projected to
    be valued at USD 89.60 billion by 2025 assisted
    by the rising number of corporate events in the
    U.S. and the subsequent growth of the business to
    business (B2B) event industry market. In 2017,
    the global B2B event industry market revenue
    stood at USD 30.3 billion and the U.S.
    constituted for 43.6 of the total revenue. The
    frequent and large volume of meetings and other
    corporate events in the U.S. have contributed
    excessively to the rapid growth of the catering
    industry. Thus, the US catering market size is
    likely to grow at a CAGR of 3.1 over the
    forecast period.
  • Catering services have become a significant
    factor in carrying out any event successfully.
    Corporate and social events such as official
    lunches, team building events, parties events,
    and festive functions have their specific food
    and beverage requirements. Along with this,
    catering requirements for facilities such as
    schools, colleges, universities, hospitals as
    well for corporate and industrial offices provide
    lucrative opportunities for off-premise contract
    caterers.
  • The North America catering market is
    characterized by the presence of contract
    caterers as well as restaurants that venture into
    catering to target a wider range of consumers.
    Restaurants who have already invested in
    equipment are focussing on increasing their
    return on investment by venturing into catering
    services. This expansion of their business
    channels creating increased revenue for these
    restaurants has positively impacted the market.
    The prevalent trait of having social gatherings
    such as destination weddings and other outdoor
    events is one the key North America catering
    market trend driving its growth. of is gathering
    momentum in North America. This has accelerated
    the growth of the North America off-premise
    catering market.

3
North America Catering Market Growth Driver
Analysis and 2025 Outlook
  • Business Industry (BI) generated the highest
    revenue accounting for over 19 of the North
    America catering market share in 2017. The U.S.
    has the highest number of corporate offices and
    industries, globally. The offices and industrial
    units provide their employees and workers food to
    ensure enhanced employee welfare. This has
    facilitated the demand for catering operators in
    this region.
  • The integration with third-party food delivery
    companies has been one of the major North America
    catering market trends. These companies have
    increased the consumer base due to the enhanced
    accessibility options offered by them. The food
    delivery companies have developed user-friendly
    apps and websites that allow users to view,
    customize and order their food. Thus, the
    collaboration of catering companies with the food
    delivery companies has enabled the catering
    industry to gather momentum.
  • The U.S. dominated the market in this region with
    a presence of around 12,600 caterers in 2016. The
    US catering market size was the largest due to
    the high demand from educational and corporate
    sectors. The revenue from the education sector
    which includes high schools, colleges and
    universities contributed the highest share in the
    U.S. with over 4 share in 2017. The increasing
    demand for catering services in corporate offices
    and factories is expected to render the BI
    segment as the fastest growing sector.
  • The Canada catering market had witnessed a
    slowdown due to the decreasing consumer spending
    over the past few years. However, the increasing
    per capita disposable income along with the
    positive growth in real estate sector is expected
    to increase the demand for social caterers over
    the next few years. This is in turn expected to
    accelerate Canada catering market growth during
    the forecast period.

4
North America Catering Market Growth Driver
Analysis and 2025 Outlook
  • The competitive landscape of the North America
    catering market is fragmented in nature, with the
    presence of a large number of players. These
    companies include Abigail Kirsch, Aramark, Blue
    Plate Catering, LTD., Compass Group PLC, Elior
    Group, Sodexo, Windows Catering, Feastivities,
    Great Performance, and Panera Bread among others.
    The emergence of third-party food delivery
    companies has tremendously impacted the
    customer-reach of the catering companies. These
    third-party food delivery companies include
    ezCater, Inc., Caviar, GrubHub, DoorDash, and
    Clorder among others.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/north-america-catering-market

5
Key segments of the North America catering market
  • Type Overview, 2014-2025 (USD Billion)
  • In House/On Premise
  • Outsourced/Off Premise
  • Event Type Overview, 2014-2025 (USD Billion)
  • Corporate Events
  • Social Events
  • Industry Overview, 2014-2025 (USD Billion)
  • Business Industry (BI)
  • Education
  • Healthcare
  • Leisure
  • Others
  • Country Overview, 2014-2025 (USD Billion)
  • U.S.
  • Canada

6
Key segments of the North America catering market
  • Key Players
  • Abigail Kirsch
  • Aramark
  • Blue Plate Catering, LTD.
  • Compass Group PLC
  • Elior Group
  • Sodexo
  • Windows Catering
  • Feastivities
  • Great Performance
  • Panera Bread
  • Third Party Food Delivery Companies
  • ezCater, Inc.
  • Caviar
  • GrubHub
  • DoorDash
  • Clorder

7
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
About PowerShow.com