Global Contract Catering Market Report: 2014 Edition - New Report by Koncept Analytics

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The report on the global contract catering market also incorporates an analysis of overall global food service industry. For more mail me : pr@konceptanalytics.com …

The report on the global contract catering market also incorporates an analysis of overall global food service industry. For more mail me : pr@konceptanalytics.com

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  • 1. Global Contract Catering Market ----------------------------------------------------- 2014
  • 2. Executive Summary The foodservice industry is broadly segmented into two categories: self operated and contract catering. Both types of foodservice providers are responsible for supply of food and beverage services and a broad range of other services to their clients in a number of end markets. Contract catering principally operates in the outsourcing structure by a firm or by a specialized company on a contractual base. Major organizations face increasing cost pressures and look for cost-effective alternatives to self-administer food and support services thus demanding for contract catering. The contract caterers have a clearly predefined clientele, such as civil servants, workers, patients, who will have access to canteen and deliver meals at a social price. 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 contract caterers offer a number of benefits to their clients such as contract caterers can deliver more consistent, flexible and better products, and clients do not have to worry about rising health and safety regulatory regime. Furthermore, the entire market is segmented into five major end markets namely; business and industry, healthcare and senior, education, sports and leisure, and defense, offshore and remote. Historically, business and industry end market has accounted for maximum revenue generation for the contract catering market. However, it is noteworthy that the long-term growth opportunity lies in the healthcare and education sector. The key factors driving growth of the global contract catering industry include rising global GNI, increasing demand for outsourced services, and accelerating demand for natural and healthier eating options. Some of the noteworthy trends and developments of this industry include focus on innovative ideas, changes in social and work cultures, continuous efforts to enter new markets along with increasing demand for home delivery and take away services. However, the growth of the industry is being hindered by issues in training and retaining skilled manpower, negative impacts of contract catering, and stringent directives and political uncertainties. The global, regional and country-wise analysis of the foodservice industry along with an in-depth study of the contract catering industry is presented in this report. The contract catering industry has been analyzed on regional level covering the major countries under each region. In addition to this, an extensive coverage of each of the contract catering end markets has been incorporated in the study on global, regional and country level. The report profiles the major contract caterers along with their key business strategies.
  • 3. The global foodservice industry is primarily segmented into two types: contract catering foodservice industry and self operated foodservice industry. • The global foodservice market inclined by ….% to reach US$.... billion at the end of 2013, compared to US$.... billion during the prior year. The foodservice industry is not immune to global economic crisis due to which the market declined to US$.... billion in 2009. • The share of contract catering has been consistently inclining over the past couple of years, while a steady decline has been noted in the market share of self operated foodservice providers. In 2013, the share of contract caterers was reported at …%, up by … percentage points whereas the share of self operated foodservices providers declined by … percentage points reaching …%, compared to 2009. • Out of the total revenue generated by the global foodservice industry in 2013, B&I held the highest share of …%, followed by healthcare and education sectors with respective shares of …% and ….%. Percentage Share of Foodservice Sectors – by Revenue (2013) Global Foodservice Market Share – by Category (2009 - 2013) Global Foodservice Market Turnover (2009 - 2013) 2009 2010 2011 2012 2013 % Self Operated Contract Catering 2009 2010 2011 2012 2013 US$Billion Business & Industry Healthcare Education Sports & Leisure Defence Offshore and Remote
  • 4. The contract catering industry has been divided and studied in five categories namely; business & industry, Education, Healthcare, Sports & Defense, and Defense, Offshore & Remote. • The global contract catering market has been on a steady increase since 2010 after witnessing a massive decline in 2009 due to economic and financial turmoil. The contract catering market was valued at US$.... billion at the end of 2013 depicting an incline of …%, compared to US$.... billion during 2012. • The global contract catering market is strongly dominated by business and industry segment with US$.... billion revenue being generated by it in 2013. Healthcare segment accounted for US$....billion revenue driven by increasing aging population and increased per capita healthcare expenditure. • The North American contract catering industry generated revenue equivalent to US$.... billion in 2013, up by an impressive ….% compared to US$.... billion in 2012. Through the period spanning 2009 to 2013, the growth of the North American contract catering industry was noted at a CAGR of ….%. North American Contract Catering Market (2009 - 2013) Global Contract Catering Market – By End Markets (2013) Global Contract Catering Market (2009 - 2013)2009 2010 2011 2012 2013 US$Billion 2009 2010 2011 2012 2013 US$Billion B&I HC ED DOR S&L US$Billion
  • 5. The key factors driving growth of the global contract catering industry are increasing demand for outsourced services, increasing demand for home delivery and take away services apart from others. • After witnessing a downfall in 2011 due to great Japan earthquake, the contract catering industry has been on a steady incline since 2012. The revenues generated by the contract catering foodservice industry depicted an incline of ….% reaching US$... billion at the end of 2013, compared to US$... billion during the prior year. • Business and industry held …% of the contract catering revenues in Europe at the end of 2013. Healthcare end market represented share of ….% closely followed by education sector with ….% share. The contract caterers offer a great diversity in the food menus at offices and educational institutes. • The contract catering market of the developing regions has been steadily increasing since 2010 with an exception of 2011 wherein the industry plummeted to US$..... billion marking a downfall of ….%, compared to the previous year. Developing Region Contract Catering Market (2009 - 2013) Percentage Share of End Markets in European Contract Catering Market (2013) Japanese Contract Catering Market (2009 - 2013) B&I HC ED DOR S&L 2009 2010 2011 2012 2013 US$Billion 2009 2010 2011 2012 2013 US$Billion
  • 6. The global contract catering market is highly dominated by the business and industry end market with significant growth opportunities being noted for educational and healthcare end market.  The global foodservice market is expected to grow at a CAGR of ….% from US$.... billion in 2014 to US$.... billion in 2018. The anticipated increase in the global foodservice market can be attributed to escalating global population, rising living standards driven by convenience of contract catering services. The increased availability of a variety of options in food menu along with high degree of quality attracts the health conscious people towards the foodservice industry. All the aforementioned factors are expected to positively drive the market in the near future.  The global contract catering market is forecasted to expand at an impressive CAGR of …% from US$.... billion in 2014 to US$.... billion in 2018. The rise in the revenue of the contract catering services will be observed due to expected changes in the corporate strategies in terms of operations, services and menus being offered by major players of this industry. As compared to 2013, the global contract catering industry is projected to grow by ….% to reach US$.... billion by the end of 2014.  Compass held ….% of the global contract catering market in 2013 immediately followed by Sodexo with …..% share. These two organizations lead the marketplace mainly due to wide range of foodservices being offered by them in each of the end markets. The companies operating in the global contract catering market are trying to expand their horizon by focusing on the growing fast food and home delivery services. Note: Market attractiveness is inverse of penetration. Low penetration means high attractiveness and vice-versa 2014F 2015F 2016F 2017F 2018F US$Billion Global Foodservice Market Forecast (2014F - 2018F) 2014F 2015F 2016F 2017F 2018F US$Billion Global Contract Catering Market Forecast (2014F – 2018F)