Global Catering Services Industry

Global Catering Services Industry

  • September 2020 •
  • 165 pages •
  • Report ID: 5956246 •
  • Format: PDF
Global Catering Services Market to Reach $609 Billion by 2027

Amid the COVID-19 crisis, the global market for Catering Services estimated at US$494.5 Billion in the year 2020, is projected to reach a revised size of US$609 Billion by 2027, growing at a CAGR of 3% over the period 2020-2027.

The U.S. Market is Estimated at $133.6 Billion, While China is Forecast to Grow at 5.6% CAGR

The Catering Services market in the U.S. is estimated at US$133.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$124.5 Billion by the year 2027 trailing a CAGR of 5.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.We bring years of research experience to this 9th edition of our report. The 165-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • ARAMARK Corporation
  • Compass Group PLC
  • DO & CO AG
  • Elior Group
  • Gategroup
  • Newrest Group Services SAS