Food Service Contractors -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023
New York, NY -- (SBWIRE) -- 07/11/2018 -- Food Service Contractors Industry
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Global food service contractors market growth outlook is positive with significant growth potential for food service contractors. Emerging market growth, public and private investments in healthcare and education, busy lifestyles, growth in the airline industry globally is driving the demand for food service contractors. At the same time, there is mounting pressure on food service contractors to reduce costs and improve food quality.
The market for food service contractors reached a value of nearly $REDACTED billion in 2017 and is expectedto grow at a compound annual growth rate (CAGR) of REDACTED% to nearly $REDACTED billion by 2022.
The market for food service contractors is somewhat concentrated with a few large players dominating the market. Major players in the market are Compass Group plc, Sodexo, Aramark Corporation, Elior and others.
Business Establishments accounted for the largest share of the market for food service contractors in 2017 at REDACTED%. The highest growth is projected to come from Healthcare Institutions which is forecastedto grow at a CAGR of REDACTED%. Major factors included rapid growth in elderly population and increasingincidences of chronic diseases and also due to increased public and private investments in thehealthcare industry in emerging markets
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Asia-Pacific is the largest market for food service contractors, accounting for REDACTED of the global market.It was followed by Western Europe and North America. Going forward, Africa is expected to witness thefastest growth in the food service contractors market, estimated to grow at a CAGR of REDACTED%, followed byAsia-Pacific, which is expected to grow at a CAGR of REDACTED%.
China is the largest market in terms of value in the food service contractors market. India and the UK are forecasted to have the fastest growth, growing at a CAGR of REDACTED% and REDACTED%, respectively. The market is challenged by restraints such as stringent food safety regulations, logistic challenges and shortage of skilled labor.Report Scope:
This research report categorizes the food service contractors market by the type of establishments it caters to. These include healthcare, educational institutions and industries/services.
- 94 data tables
- An overview of the global markets for food service contractors
- Analyses of global market trends, with data from 2013 through 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Information about the use of IoT-enabled kitchen equipment
- Discussion about the impact of online food delivery companies and preference for healthy food options
- Insight into government initiatives, regulatory bodies and major associations
- Comprehensive company profiles of major players in the market including Aramark Corporation, Autogrill S.p.A., Compass Group plc, Elior Group S. A., and Sodexo S.A
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Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Chapter 2 Summary and Highlights
Chapter 3 Food Service Contractors Market Characteristics
Chapter 4 Food Service Contractors Market Size and Growth
Chapter 5 Food Service Contractors Market Trends and Strategies
Chapter 6 PESTLE Analysis
Chapter 7 Food Service Contractors Market Segmentation
Chapter 9 Food Service Contractors Market Customer Information
Chapter 10 Global Food Service Contractors Market Comparison with Macro Economic Factors
Chapter 11 Asia-Pacific Food Service Contractors Market
Chapter 12 Asia-Pacific Food Service Contractors Market: Country Analysis
Chapter 13 Western Europe Food Service Contractors Market
Chapter 14 United Kingdom Food Service Contractors Market: Country Analysis
Chapter 15 Eastern Europe Food Service Contractors Market
Chapter 16 Eastern Europe Food Service Contractors Market: Country Analysis
Chapter 17 North America Food Service Contractors Market
Chapter 18 North America Food Service Contractors Market: Country Analysis
Chapter 19 South America Food Service Contractors Market
Chapter 20 South America Food Service Contractors Market: Country Analysis
Chapter 21 Middle East Food Service Contractors Market
Chapter 22 Africa Food Service Contractors Market
Chapter 23 Food Service Contractors Market Competitive Landscape
COMPASS GROUP PLC
ELIOR GROUP S. A.
Chapter 24 Key Mergers and Acquisitions in the Food Service Contractors Market
HNA Group Acquired Gategroup
Sodexo Acquires Centerplate
ISS Group Acquired Guckenheimer
Elior Group Acquired Megabite Food Services and Ramachandran Catering Ltd.
Chapter 25 Appendix
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