Outsourcing Drives Global Contract Catering Market
Contract catering market is a part of the global Food and Facilities services management industry. In the recent years, the trend of outsourcing has led to the growth of this segment, in addition to the facilities management services. Although, the contract catering industry is growing at a slower pace, when compared to the facilities management, reduction in foodservice subsidies and operating costs has helped accelerate the shift from self-operated to outsourced services.
Recent years has seen the expansion of the contract catering industry in different sub-segments such as healthcare, seniors, correctional facilities, etc. Although, the corporate service sector is the largest market, new segments such as healthcare, seniors and education are expected to provide the greatest opportunity given the still relatively low level of outsourcing.
Geographically, in terms of sales, Europe and the US account for more than 60% of the market, as the rate of outsourcing is higher as compared to the Asia Pacific region. In Europe, the western region has a more mature and developed market for foodservices outsourcing as compared to the eastern region. The UK and France are the two largest market for contract catering, accounting for around 45% of the total market revenue.
Compass and Sodexo are regarded as the global leaders in the contract catering industry and together they account for around 10% of the total market share. The recent years have seen the expansion of other regional centric companies such as Aramark and Elior as well.
The report analyzes the various segments of the contract catering industry and assesses market opportunities available for the players. The trends and challenges for the industry have also been analyzed. It focuses on the growth of this industry in the European region and its two key markets, namely the UK and France. Further, the report highlights the positioning and strategies of top global contract caterers – Compass, Sodexo, Aramark and Elior S A.
RELATED REPORTS
A key feature of the Ovum Navigators is client feedback, and our interviews and surveys have yielded some common themes: many clients feel their vendors need to be more proactive in updating systems for efficiency; a number of clients pointed to a lack of legacy skills on the part of their suppliers ...
Industries : IT Outsourcing
IntroductionDatamonitor's annual survey of contact center outsourcing clients, highlighting the trends that are likely to emerge over the coming twelve monthsScope*This slide pack provides insight into the needs of contact center outsourcing clients*It examines key themes, including self-service, co ...
Industries : IT Outsourcing
The Graphic Designs Services Industry report, published annually by Barnes Reports, contains timely and accurate industry statistics, forecasts and demographics. The report features 2009 current and 2010 forecast estimates on the size of the industry (sales, establishments, employment) nationally an ...
Industries : IT Outsourcing
This report analyzes the worldwide markets for Human Resource Outsourcing in Millions of US$. The major service segments analyzed are Benefits Administration Services, Payroll Services, Education and Training Services, Recruitment and Staffing Services, Hiring Administration Services, and Other Serv ...
Industries : IT Outsourcing
SynopsisAnalysis and opinion on monthly deal activity, along with the trend for the last six months for merger and acquisition (M&A), private equity, venture financing, private placement, IPO, secondary offering, and alliance/partnership dealsIntroductionThis report contains extensive qualitative an ...
Industries : IT Outsourcing
This report analyzes the worldwide markets for Business Process Outsourcing in Millions of US$. The major Service segments analyzed are Logistics, Sales & Marketing, Customer Care, Finance & Accounting, Human Resource, and Other Services. The report provides separate comprehensive analytics for the ...
Industries : IT Outsourcing
This report analyzes the worldwide markets for Contract Research Outsourcing in Millions of US$. The major Service segments analyzed are Drug Discovery, and Clinical Research. The report provides separate comprehensive analytics for the US, Europe, Asia, and Rest of World. Annual forecasts are provi ...
Industries : IT Outsourcing
IntroductionA successful operational risk management (ORM) strategy can help organizations meet the challenges posed by emerging technologies by providing a framework for managers to consider how risk exposures are changing, determine the amount of risk they are willing to accept and ensure they hav ...
Industries : IT Outsourcing
Intellectual Property and Outsourcing in China: Minimizing risk whilst maximizing return on investment The pharma outsourcing industry in China has experienced over 35% year on year growth in the past few years. Increasingly, the sophisticated service offer of multinational CROs/CMOs is being challe ...
Industries : IT Outsourcing
John Gorrell, Principal Consultant at Orbys, believes that CIOs can target savings of at least 15–25% on their existing contract costs while securing enhanced service and innovation commitments. ...
Industries : IT Outsourcing
Related industries
reportlinker.com © Copyright 2009. All rights reserved