Global Contract Catering Market: Industry Analysis & Outlook ( )

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1 Industry Research by Koncept Analytics Global Contract Catering Market: Industry Analysis & Outlook ( ) December

2 Executive Summary The term foodservice refers to the preparation and serving of food away from home and encompasses a broad assortment of service options. The foodservice industry consists of two broad categories: Self operated and Contract catering. Contract catering businesses provides institutions, schools, hospitals and other businesses with meal programs designed to meet specific needs. It mainly operates in the outsourcing structure by a firm or a collective organization of their restaurant services by a specialized company on a contractual base. Based on amount of financial risks that contract catering company bears and potential compensation, profit or loss that it receives, the contract catering foodservice contracts usually fall in one of the three types of contracts: Fee-based/Cost Plus, Profit & Loss, and Fixed Price. The overall market is segmented into five major end markets namely; business and industry, healthcare and senior, education, sports and leisure, and defense, offshore and remote. The global contract catering market is likely to grow significantly in the coming years driven by increasing demand for customized food, rising global middle class population and growing use of technology. However, certain factors including increasing food safety issues, stringent government standards and increased competition are likely to pose threat to growth of the respective market. The report by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering the North America, Europe and Asia Pacific regions along with the global market. 2

3 US$ Billion US$ Billion US$ Billion Growth of the foodservice market can be attributed to escalating global population and rising living standard Global Foodservice Market Forecast by Value ( ) The global foodservice market is forecasted to reach US$.. billion by the end of year 2020, increasing from US$.. billion in 2016, recording growth at a CAGR of.. % for the period spanning Global contract catering market remained impacted for few years by the economic downturn and recorded an annual growth of % to reach US$... billion by the end of year The global contract catering market is likely to reach US$.. billion by the year 2020, increasing from US$... billion in the year 2016 recording growth at a CAGR of % for the period spanning Global Contract Catering Market by Value ( ) Global Contract Catering Market Forecast by Value ( )

4 US$ Billion The global contract catering market will be driven by increasing number of educational institutions and rising population of older people requiring residential care. Global Contract Catering Market by Region (2015) Asia-Pacific North America Europe Rest of the World In year 2015, Asia-Pacific region stood as the largest global contract catering market holding % share followed by North America with..% share. In year 2015, the global contract catering market remained strongly dominated by Business & Industry (BI) segment with % share followed by Healthcare and Seniors with..% share. The contract catering market of Asia-Pacific region reached US$... billion in the year 2015, with a further estimation of reaching US$.. billion by the end of year 2020, recording growth at a CAGR of.. % for the period spanning Global Contract Catering Market by End-Users (2015) APAC Contract Catering Market Forecast by Value ( ) BI HC ED SL DOR

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