MarketReportsOnline.com adds "Global Contract Catering Market: Industry Analysis & Outlook (2016-2020)" report to its research store.
Pune, Maharashtra -- (SBWIRE) -- 12/15/2016 -- 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.
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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.
Complete report on Contract Catering market spread across 89 pages providing 4 company profiles and 54 charts is now available at http://www.marketreportsonline.com/contacts/purchase.php?name=555380
The report "Global Contract Catering Market: Industry Analysis & Outlook (2016-2020)" 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.
Key Topics Covered in Global Contract Catering Market:
2. Foodservice Market
3. Global Contract Catering Market
4. Regional Contract Catering Market
5. Market Dynamics
6. Competitive Landscape
7. Company Profiles
Other Related Report on Catering Market:
Global Concession Catering Market: Size, Trends & Forecasts (2016-2020): The global concession catering market is oligopolistic in nature, with top three players occupying a significant market share. Autogrill, Elior and SSP are some of the key companies in the global concession catering market. The company profiling of these companies has been done in the report, which includes business overview, financial overview and respective business strategies of the companies. Concession catering refers to the catering service by the concession catering company to the customers at airports, railway stations and motorways. The duration, capex requirement and concession type varies in all three segments of the market.
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