Top 9 Companies Dominating the Global Catering Services Market Landscape (2024)

ISS A/S, Sodexo S.A, Compass Group plc, Elior Group, Aramark Corporation, AVI Foodsystems, Inc, Thompson Hospitality, Albron, and Hutten Catering BV, among others, are the major players in the global catering services market.

The global catering services market is aided by the overall food service industry, which reached a value of almost USD 164.59 billion in the year 2023. The food service industry is further expected to grow at a CAGR of 6.6% between 2024 and 2032 to reach a value of almost USD 292.56 billion by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the demand for outsourcing catering services and the several food safety-related incidents.

Catering services involves the preparation and provision of food services for clients at various locations, including offices, hotel, and events. This industry consists of companies that supply meal, beverages, and other services to a wide range of customers, usually for special events like parties, weddings, and corporate functions. They prepare a variety of refreshments, ranging from appetizers to full-course meals, for the attendees. The menu is selected and approved in advance by the client who hires the catering service.

There are many factors propelling the catering services market growth. One of them is technological advancements. Due to technological advancements, consumers can now order directly from their devices. This creates a direct connection between customers and businesses, streamlining the entire transaction process. Mobile technology has simplified the way customers interact with caterers, allowing them to place orders with just a few clicks.

The expansion of catering avenues has also contributed to the catering services market share. The industry has expanded greatly in recent years, moving beyond traditional event catering to include newer options like mobile catering, corporate boxed lunches, and catering services for airlines and trains. There's also an increasing demand for full-service caterers who offer comprehensive packages that include room decor, lighting, and table settings in addition to food. With these varied catering options becoming more popular, the market is experiencing significant growth and is expected to continue this upward trend.

According to the catering services market analysis, with the growing prominence of the gig economy, characterized by the prevalence of temporary and freelance roles, many hospitality professionals are expanding into the catering sector. This shift has heightened competition for clientele, spurring innovation, and creative strategies within the industry. Additionally, catering businesses benefit from the flexibility of freelance workers, allowing them to easily scale their operations up or down as needed.

In 2024, Compass Group UK & Ireland, a leading provider of food and support services, announced its acquisition of CH&CO, a prominent UK and Ireland-based food service company. CH&CO operates within various sectors of the food service industry, including workplace, events, among others. This acquisition aims to leverage the combined strengths of both companies, driving innovation and enhancing the overall experience for clients and customers.

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ISS A/S

ISS A/S offers workplace and facility service solutions with an emphasis on cleaning, property, catering, support, security, and facility management. They create and provide culinary experiences that energize teams, promote well-being, and contribute to a more joyful and efficient workplace. It is divided into three segments: production-based, office-based, and healthcare. Cleaning, culinary, technical, and workplace services make up its key service offerings to clients.

Sodexo S.A.

Sodexo is the world leader in providing sustainable food and meaningful experiences throughout different stages of life, including learning, working, healing, and recreation. For nearly 60 years, they have dedicated themselves to enhance the quality of their food by creating and refining recipes that align with the latest taste trends. Their menus incorporate more sustainable ingredients and dishes, offering healthy, diverse, and balanced meals featuring seasonal produce.

Compass Group plc

Compass Group PLC is a global leader in food and support services, operating in approximately 35 countries. They cater to millions by offering tailored food and support services across five key sectors: Sports & Leisure, Business & Industry, Education, Healthcare & Senior Living, and Defence, Offshore & Remote. Their approach involves deep engagement with clients and consumers through sector and sub-sector specialization. This strategy enables them to provide customized, innovative, and cost-efficient solutions that address specific needs, maximizing mutual value.

Elior Group

Elior Group is a prominent figure in contract catering and support services globally. The company has established itself as a key player in sectors such as business & industry, education, and healthcare. It is operating across 10 countries, and holds a leading position in its primary markets across Europe, North America, and India. Their core mission revolves around cultivating trust among their patrons daily, achieved through the provision of appetizing, nutritious, and environmentally conscious meals.

Aramark Corporation

Aramark is catering a diverse clientele, spanning top-tier educational institutions, Fortune 500 companies, elite sports teams, renowned healthcare facilities, beloved tourist destinations, and various municipalities across 18 global locations. Their experienced chefs bring fervor and dedication to their offshore catering services. They craft menus meticulously reviewed by nutrition experts, featuring premium ingredients. Their emphasis on diversity and themed events fosters crew involvement and creates memorable experiences offshore.

AVI Foodsystems, Inc

AVI Foodsystems has emerged as a leading food service provider nationwide, renowned for its dedication to offering comprehensive food solutions highlighted by top-tier ingredients, flawless service, and exceptional value. They have a vast clientele and millions of satisfied customers served daily. They excel in modern café offerings, cutting-edge vending programs, premier catering, superior concession experiences, and exclusive beverage solutions. At AVI, they uphold core values centered on promoting healthy lifestyles, community engagement, and fostering diversity in all aspects.

Thompson Hospitality

Thompson Hospitality stands out as a leading minority-owned company in the Food Service sector, boasting a strong presence in retail food and facilities management nationwide. Their reputation as a trusted entity is deeply ingrained in their ethos, extending from their restaurant group to their retail endeavors. Moreover, they continuously expand their offerings, introducing new services, products, and systems aimed at streamlining experiences and enhancing convenience.

Albron

Albron is dedicated to providing delicious and nutritious food and beverages. The company emerged in 1997 through the fusion of BRN and Service One Catering, both tracing their origins to the bustling Port of Rotterdam and Utrechtse Spoor. Their mission is to infuse every environment with ambiance and taste through their culinary offerings, whether it's where people study, work, travel, shop, unwind, or receive care.

Hutten Catering BV

Hutten is dedicated to delivering top-notch culinary experiences and hospitality services across the Netherlands. Their passionate team is driven by a commitment to excellence, constantly striving to exceed expectations and contribute positively to their clients, partners, and communities. Through innovative solutions tailored to their clients' needs, they prioritize the satisfaction and well-being of guests above all else. Whether it's crafting nutritious lunches, adhering to optimal dietary standards for health, or curating memorable event menus, they take pride in offering unparalleled quality and service.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.