Published by IMARC Services Private Limited
Posted on October 6, 2021
4 min readLast updated: January 31, 2026
The contract catering market is growing due to trends in fine dining and digitization, with a forecasted CAGR of 6% from 2021 to 2026.
According to IMARC Group’s latest report, titled “Contract Catering Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global contract catering market reached a strong growth in 2020. Contract catering refers to the services offered by an independent caterer or catering company to supply food in an event or workplace for a specified period of time. Catering services are generally outsourced to streamline various processes related to catering in a cost-efficient manner. These services include the supply of food, arrangement of tables and chairs, and the assistance of cleaning and serving staff.
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The global market is primarily driven by the rising trend of fine dining to establish a good relationship with clients as a part of business development. Moreover, significant growth in the hospitality sector is creating a positive outlook for the market. Along with this, digitization of various contract catering processes is providing an impetus to the market growth as it offers numerous services, such as pre-booking and online menu options, to the consumers for enhanced convenience. Other factors, including rapid urbanization and the increasing popularity of weekend parties across the corporate sector, are also contributing to the market growth. Looking forward, IMARC Group expects the global contract catering market to grow at a CAGR of around 6% during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
Contract Catering Market Segmentation:
Breakup by Contract Type:
Breakup by Modes of Contract:
Breakup by End User:
Breakup by Region:
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The article focuses on the global contract catering market, analyzing trends, growth, and forecasts from 2021 to 2026.
The market is driven by fine dining trends, hospitality sector growth, and the digitization of catering services.
Key players include Aramark, Sodexo, Compass PLC, and others.
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