Global Contract Catering Market Analysis Report 2023-2024 and 2029: Emergence of Advanced Business Models for Ad-hoc Workplace Services and Shifting Emphasis on Sustainability and Responsible Sourcing - ResearchAndMarkets.com
The global contract catering market value stood at US$260.68 billion in 2023, and is expected to reach US$353.75 billion by 2029.
- The global contract catering market value stood at US$260.68 billion in 2023, and is expected to reach US$353.75 billion by 2029.
- The market is expected to grow at a CAGR of 5.22% over the projected period of 2024-2029.
- The global contract catering market is moderately consolidated.
- The increasing number of M&A activities, geographic expansions, and service diversifications will intensify the level of competition in the global market.