The contract food services market is projected to grow at a CAGR of 4.30% during the forecast period. Food service contractors are the service providers who provide supply of food on a contractual basis to the institutions like educational, medical, commercial, sports and others. The rise in disposable income, government initiatives, the rise in the air travel industry, and rising concern for employee retention are driving demand for contract food service market. The higher demand for the better workplace is propelling demand for catering and foodservice market on contractual basis in a commercial organization, educational organization and medical organization.
The “Contract Food Services Market – Forecasts from 2019 to 2024” is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by end-user and, geography.
The contract food services market has been segmented based end-user and, geography. By end-user, the market is segmented as healthcare, sports, defense, education, and business & industry and others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the contract food services market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the contract food services market.
The contract food services market has been analyzed through following segments: