U.S. Catering Market to Observe Prominent CAGR of 5.2% by 2030
U.S. Catering Market Overview and Insights:
According to MarkNtel Advisors Report, the U.S. Catering Market size was valued at around USD 55 billion in 2024 and is projected to reach USD 71 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.2% during the forecast period, i.e., 2025-30.
U.S. Catering Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
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Key Takeaways: Beneficial for Stakeholders and Clients:
- Historical Data: 2020-23
- Base Year: 2024
- Forecast Period: 2025-2030
What are the major challenges facing the U.S. Catering Market?
Rapidly Changing Customer Preferences – In changing times, the food preferences of customers are varying, and demand for multiregional cuisine, nutritional food, and plant-based diet is rising and this becomes hard to manage for catering businesses. Health and well-being traits are evolving, with consumers preferring vegan diets and natural foods. Additionally, consumers are demanding personalized food services and menus. Sustainability-related preferences are also changing, with a focus on minimizing waste, e-plates, and organic food. With multi-dimensional variations in customer preferences, it is becoming complex for companies to cope with these demands.
Who are the Key Players Operating in the U.S. Catering Industry?
The top companies of the U.S. Catering market ruling the industry are:
- Amber Green Corporation
- Compass Group USA, Inc.
- Newrest Group
- SATS Catering Pte Ltd.
- GateGroup
- The Happy Catering Co.
- Aramark Co.
- Fooda, Inc.
- Restaurant Associates
- The Catering Company
- Occasions Caterers
- Savoie Catering
- Sodexo
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What is Included in U.S. Catering Market Segmentation?
The report has segmented the market into the following categories:
By Type
- Outsourced
- Contractual - Market Size & Forecast 2020-2030F, USD Million
- Non-Contractual - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
Based on the types of catering services, the outsourced type of catering service holds more than 90% market share. Furthermore, in outsourced catering, the largest market share, accounting for almost 85%, is taken up by contractual catering. This is attributed to the high preference for contract-based services over the non-contractual ones. They provide cost-effective long-term solutions to organizations such as aviation, educational institutions, hospitals, and office buildings. Additionally, these institutions, with large numbers of individuals, require food facilities every day. Thus, long-term contracts save costs and are easy and permanent solutions to meet food requirements.
By End User
- Corporate Offices
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Education
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Healthcare
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Oil & Gas
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Defense & Law Enforcement
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Maritime Industry (Ship Chandler Catering)
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Government
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Personal Events
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Business Events
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Construction Industry
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Aviation
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Sports & Leisure
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Prisons
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
- Others (Retail, Manufacturing, Mining & EPC, etc.)
- Outsourced - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
By Location
- Onshore Catering - Market Size & Forecast 2020-2030F, USD Million
- Offshore Catering - Market Size & Forecast 2020-2030F, USD Million
By Model
- Client Pay B2B - Market Size & Forecast 2020-2030F, USD Million
- Consumer pays/Retail/B2C - Market Size & Forecast 2020-2030F, USD Million
By Region
- North - Market Size & Forecast 2020-2030F, USD Million
- East - Market Size & Forecast 2020-2030F, USD Million
- South - Market Size & Forecast 2020-2030F, USD Million
- Mid-West - Market Size & Forecast 2020-2030F, USD Million
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Frequently Asked Questions (FAQs)-
- What are the industry's overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- How has the U.S. Catering industry been evolving in terms of geography & adoption?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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