Accommodation, Hospitality & Personal Services

Catering Services: Market Size, Growth & Forecast to 2030

The Catering Services market is valued at about $330 billion (2026) and is projected to grow at a 4.8% CAGR through 2030. The largest cost driver is Food and Beverage Commodities (40% of spend). North America leads demand at 35%.

Market size
$330.0 bn (2026)
CAGR to 2030
+4.8%
Buyer power
Favours buyers
Tracked suppliers
4500

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.8% CAGR.

1261181091001002026104.82027109.82028115.12029120.62030126.42031

Cost structure

Food and Beverage Commodities
40%
Direct Labor and Staffing
35%
Logistics and Transportation
10%
Equipment and Overhead
8%
Utilities and Consumables
7%

Regional demand split

North America demand
35%
Europe demand
30%
Asia Pacific demand
20%
Latin America demand
8%
Rest of world demand
7%

Key suppliers

Corporate CaterersPaula LeDuc Fine Catering & EventsCompass Group PLCSodexo S.A.Aramark CorporationElior Group
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/catering-services