Accommodation, Hospitality & Personal Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Catering Services
Overview
Market size
$298.0B
global, USD
CAGR
4.5%
base to forecast
Buyer power
+0.8
buyer-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$371.4B
What changed
Demand by region
North America demand35%
Europe demand30%
Asia Pacific demand20%
Latin America demand8%
Rest of world demand7%
share of global demandtotal 100%
Cost drivers
Food and Beverage Commodities40%
Direct Labor and Staffing35%
Logistics and Transportation10%
Equipment and Overhead8%
Utilities and Consumables7%
share of delivered cost (analyst estimate)