Catering and Food Service Contractor Market Growth Accelerated by Expanding Commercial Operations
The catering and foodservice contractor market provides a range of food preparation and delivery services to various commercial clients including corporate offices, educational institutions, healthcare facilities, stadiums, and amusement parks. The market caters to outsourced food preparation needs of its clients by planning menus, procuring ingredients, cooking meals, and delivering food services. The global catering and food service contractor market is estimated to be valued at US$ 304.11 Bn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Expanding Commercial Operations One of the key trends within the catering and food service contractor market is the expanding commercial operations of major players. Growing demand for outsourced food services from various commercial sectors such as corporate offices, schools & colleges, hospitals, and event spaces