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Eating up: Downstream markets will renew their appetite for industry services
Food Service Contractors in the US
With the economy having improved since 2010, and some recessionary fears subsiding, consumers are treating themselves to meals at cafeterias, sporting events and other industry-served facilities more frequently. This trend is expected to result in increased demand for food service contractors. The outsourcing of catering services by correctional, education and healthcare (including elderly care) facilities will provide continued growth prospects for operators. Bundling food services within broader facilities management contracts for clients will also drive growth.
Industry companies provide food services at institutional, governmental, commercial or industrial locations. Examples of facilities where food services are provided include airports, food courts, college and university cafeterias and recreation and sports venues.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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