Pune, India -- (SBWIRE) -- 01/11/2019 -- Global Contract Catering Market
Market Scenario:
Contract catering is the activity of providing beverages and food for events. Caterers, which are either individuals or independent vendors, supply food service to hotels and restaurants. Contract catering market is driven by several factors such as contract catering team handled by expert HR professionals with catering specialism, enhance client's business reputation. Further, this market mainly operates in the outsourcing structure by company of restaurant services by a specialized company on a contractual base. Opportunists in global contract catering market are increasing due to demand for customized food, rising use of technology and growing worldwide middle class population.
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Contract catering is one of the important factor for any corporate event dealers, send-off, get-together etc. Business meetings and corporate events, the first thing that can strike the mind is long duration. Advantages of contract catering are helps in making event spectacular, platter of variety in food menu, time and cost saving. Further, it provides meaningful insights, helps to understand complexity and reduce the cost of compliance and provide intelligent process to reduce time in catering market. Additionally, certain factors including stringent government standards, food safety issue restraints market growth.
Market Segmentation:
The global contract catering market is majorly segmented in the basis of type and end-user. Based on type it is bifurcated into independent contract caterer and multi-service provider while based on end-user the global contract catering market is segmented into business and industry, education, hospital and senior care.
Asia-Pacific region has significantly large stake in worldwide catering market over the years and is expected to keep its position in the upcoming years also.
Key players:
The major key players of global contract catering market are: Compass group, Aramark, Baxterstorey, Elior group, Ch & Co Catering, MITIE Catering , Charlton ,OCS group and
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Global Contract Catering Market segmentation:
By Type:
Independent Contract Caterer
Multi Service Provider
Others
By End-Users:
Business and Industry
Education
Hospitals
Senior Care
Others
Regions Covered:
North America (U.S. and Canada)
Europe (Germany, France, Italy and Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)
Regional Analysis:
The global contract catering market is majorly studied across four regions: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). North America is significantly growing region in the global contract catering market. Asia-Pacific region has significantly large stake in worldwide catering market over the years and is expected to keep its position in the upcoming years also. Among the Asian countries Japan and India has the potential to grow steadily within the forecast period.
Last, It offers in-depth information obtained through extensive primary and secondary research methods. The information has been further assessed using various effective analytical tools.