A catering company that has been contracted by an organization to offer catering services on a regular basis is known as contract catering.Over the coming years, the contract catering market is anticipated to rise as a result of rising millennial and working population levels around the world and rising demand for food-away-from-home.In terms of sector, the corporate segment is anticipated to experience considerable expansion over the course of the projected period in the worldwide contract catering market. Consumer services, the banking and financial industry, the information technology sector, and other professional services like KPOs and BPOs are all included in the corporate category.
The global Contract Catering Market was valued at US$ 215.9 billion in 2018, and is expected to exhibit a CAGR of 5.8% over the forecast period (2019-2027), to reach US$ 355.6 billion by 2027.
Major Players in the Contract Catering Industry:
1. Compass Group PLC
Compass Group PLC. Founded in 1941 and its headquarter in Chertsey, United Kingdom.The company operates in 45 countries. Hippo CMMS is a powerful, affordable, and user-friendly web-based maintenance management software
2. Enterprises Co. Ltd
Enterprises Co. Ltdwas launch in 1988. And its headquarter located in taiwan. It operate over 100 country .
3. Elior Group SA
Elior Group SA was launch in 1991 and it’s headquarter located in Paris, France.it operate over 16 country. Elior becomes today a new global leader in contract catering and multiservices with approximately 134,000 employees.
4. Aramark Corporation
Aramark Corporation Limited was launch in 1956 and it’s headquarter located in headquartered in Philadelphia, Pennsylvania, United States, It work in 20 courtiers in word 2023 Aramark, one of the largest contract caterers in Germany, uses unmanned vending solutions from Innovend.
5. Mitie Group plc
Mitie Group plc, founded in 1987, with its headquarters in Southwark, London, United Kingdom.With businesses in over 30 countries. Mitie has been awarded a new contract with Phoenix Group, the UK's largest, long-term savings and retirement business,
6. Sodexo S.A.
Sodexo S.A. Ltd.was launch 1966 and its headquarter Issy-les-Moulineaux, Franceit operate over 15 country.
7. Rhubarb Food Design Limited
Rhubarb Food Design Limited was founded in 1996 and its headquarters in, Oxfordshire, United Kingdom. .With businesses in over 50 countries. In 2023 Events and fine dining caterer Rhubarb Hospitality Collection RHC has been acquired by a US-based entertainment group
*Definition- Contract catering is a catering company that is hired by an organization to provide catering services on a regular basis.
