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Pandemic disrupted the entire world and affected many industries.
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Request Now !Catering and food service contractors are service providers known to supply refreshments and food as a part of service to various workplaces like medical institutions, industrial events, educational institutions, and other such commercial organizations. The offer services to some special events such as anniversaries, parties, weddings, and receptions. The market of catering and food service contractors is growing significantly owing to the comfort and ease of services offered to the customers.Â
Market scope and structure analysis
        Report Metric |                          Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value ($US) |
 Segments covered |  Ownership, Application, and Region |
 Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA) |
 Companies covered | Compass Group Plc., Dine Contract Catering, Sodexo, Elior Group, Delaware North, Aramark Corporation, Westbury Street Holdings, Thompson Hospitality, Olive Catering Services, Ovations Food Services |
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Rapid growth in the tourism sector around the globe is actually driving the growth of the catering and food service contractor market.
In addition, change in consumer preference and inclination toward mini buffet systems is another prominent reason that fuels the growth of the market. As mini meals are easy to carry and store as well as can be packed in the disposable trays and boxes, these kind of meals are getting popular for small functions or get-togethers.
Furthermore, surge in industrialization and establishment of medical and educational institutes are also expected to boost the growth of the global market of catering and food service contractor.Â
However, rise in popularity of online food delivery services owing to easy and convenient ordering process is a major constraint expected to hamper the growth of the catering and food service contractor market.
The global catering and food service contractor market trends are as follows:
Several key players are coming with several initiatives to strengthen the market growth. One of the significant strategies opted by the catering and food service contractors is healthy menu. For example, grain is a catering service provider which offers healthy buffet option in its menu.
Europe is expected to show substantial growth in terms of revenue in the coming period owing to increase number of acquisitions and mergers among the operators in the target market.
Asia-Pacific is also expected to grow owing to the stringent governmental guidelines regarding safety of food as well as due to the preference regarding promotion of healthy eating styles across the countries within the region. Â
Key Segments Covered:
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Key Benefits of the Report:
Questions Answered in the Catering and Food Service Contractor Market Research Report:
Key Market Segments & Key Market Players
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