2021 Catering Services Market Outlook and Opportunities in the Post COVID recovery- What’s next for companies, demand, Catering Services market size, strategies, and countries to 2028

July 2021 | 110 pages | ID: 22CF6703BFB1EN
VPAResearch

Abstracts

The Catering Services market report analyses companies, market size outlook across types, applications, countries along with competitive strategies, trends, drivers, opportunities and market developments. The base year for the study is 2020 and the forecast period is from 2021 to 2028.

The global Catering Services market is poised to register optimistic growth rates throughout 2021 and 2022 as positive momentum builds in the world economy, though some differences remain among geographies. The pace of change will accelerate in the Catering Services industry and companies quickly re-aligning their strategies will emerge stronger from the unprecedented changes. However, the COVID-19 pandemic remains a major threat for most Catering Services market outlook in addition to concerns of inflation, supply-chain disruptions, and weak consumer demand.

Global Catering Services Market%li%Post COVID-19 Recovery Scenarios and Impact Analysis

The COVID-19 pandemic had a significant impact on the regional and country-level Catering Services markets worldwide. The report presents three outlook scenarios for the global Catering Services market size for 2021 and 2022.

• Low Growth: Economic recovery will be slow, supply-chain disruptions continue to pose challenges, and consumer demand remains weak.
• Medium Growth: Economic recovery will be fast, supply-chain disruptions continue, and consumer demand recovers moderately.
• High Growth: Rapid economic recovery, supply-chain disruptions handled, and consumer demand will be strong

The outlook for economic progress across most countries is optimistic for 2021. Assuming localized recurrences of the Coronavirus, economic growth accelerates in the second half of 2021, and consumption returning to pre-pandemic levels in 2021, Chinese real GDP growth is estimated at 7.9% and 8.4% in 2021 and 2022 respectively. Similarly, the US is likely to register 4% growth in 2021 and 3% in 2022 while the European real GDP growth is estimated at 2.7% for 2021 and 5.1% for 2022.

Catering Services Market Driving Factors, Restraints, and Opportunities

The global Catering Services market has significant market potential and offers diverse opportunities across countries. Strategic and financial investors are racing to capture the strong potential in the industry. In this report, we examine the main Catering Services trends that will likely influence the future of Catering Services markets. The Catering Services report also identifies promising investment opportunities and offers a view of how players might successfully pursue them. The pandemic led to a widening divide between rural and urban communities, and companies must overcome challenges in the Catering Services industry. Acting with determination and speed is one of the critical success factors in the near to medium future. Detailed analyses of challenges faced by Catering Services companies operating in the market are included in the report.

Catering Services Market Segmentation Analysis and Outlook

The report scope encompasses major Catering Services types and major Catering Services applications worldwide and presents a detailed analysis and outlook of each specific Catering Services type and application. Forecasts of individual types and applications are provided at the global level and also analyzed for North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In each region, the largest and fastest-growing market types and applications are analyzed. The base year is 2020 and the forecast period is from 2021 to 2028 for all segments.

Geographic Analysis: Asia Pacific countries are among the fastest-growing markets globally

We hold an optimistic outlook for both the consumption and market size outlook for Asia Pacific countries. With most countries in the Asia Pacific witnessing their currencies appreciate against the US dollar over 2021, the short-term outlook remains robust across markets. Further, over the long run, driven by attractive demographics profile in the Asia Pacific and an increasing number of middle-to-upper income households, countries in the Asia Pacific Catering Services market will register a strong growth outlook throughout the forecast period. Consumers are also quickly re-prioritizing their spending away from essentials, which will support the Catering Services market growth in the Asia Pacific.

In addition to the Asia Pacific, the report also analyzes the short-term and long-term outlook of North America Catering Services market, Europe Catering Services market, Latin America Catering Services market, Middle East, and Africa Catering Services markets. Countries covered in the scope of the Catering Services study include United States, Canada, Mexico, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, China, India, Japan, South Korea, Middle East, Africa, and others.

Competitive Landscape: Catering Services Market Companies

The global Catering Services market is facing intense competitive conditions as more companies continue to target specific customer bases. The recovery from the pandemic is not uniquely spread across geographies and accordingly, most companies are opting for focused strategies to localized market conditions since the start of the pandemic. For instance, the majority of European consumers continue to emphasize seeking brands with strong purpose and good values while there has been a fundamental shift from essential goods in some Asia Pacific markets. The report analyses five leading Catering Services companies including their business operations, SWOT Analysis, and financial profile.

Scope of the Catering Services Study

• Historic and Forecast period considered for the study is from 2018 to 2028
• Base Year for the study is 2020, while the forecast period is from 2021 to 2028
• The Catering Services market size is presented in value terms, in US Dollars
• Strategic Analysis Review including Trends, Drivers, Restraints, Key competitive strategies, and porter's five forces analysis
• Segments covered include types, applications, and countries/regions
• Catering Services Countries covered include US, Canada, Mexico, China, India, Japan, South Korea, Germany, United Kingdom, France, Spain, Italy, Brazil, Argentina, Other Asia/Oceania, Other Europe, Other Latin America, Middle East, Africa, and others
• Catering Services Companies including five key players in the industry and their business overview, SWOT, and financial profiles are detailed.

Reasons to Buy

• The report assists in finding the right investment opportunity through a deep understanding of specific segments, and geographies
• Gain reliable current market information and long term market outlooks
• Data accessible in excel formats to support your organization with strategic analysis and economic modeling
• Improve your planning and forecasting by understanding potential opportunities, market trends, and restraints
• Stay ahead of the curve with market intelligence on 15 countries and five companies worldwide

Key questions answered

• What are the possible scenarios of Catering Services market growth outlook in the post-pandemic period?
• Who are the major end-user industries of Catering Services?
• The impact of buyer and supplier bargaining power, the threat of new players and substitutes, and competitive rivalry?
• Which countries will gain market size in the medium to long term future?
• What are the promising trends and drivers of Catering Services markets?
• Who are the leading players and how is the competition?

Contents

1. INTRODUCTION TO CATERING SERVICES MARKET PAGE

1.1 Executive Summary
1.2 Catering Services Market Size Outlook, US$ Million, 2020- 2028
1.3 Market Segmentation
1.4 Research Methodology
  1.4.1 Study Objectives
  1.4.2 Market Scope and Assumptions
1.5 Abbreviations

2. OVERVIEW OF CATERING SERVICES MARKET

2.1 Current market information, 2021
2.2 Major Companies in Catering Services Industry
2.3 Catering Services Market Drivers
2.4 Catering Services Market Restraints
2.5 Catering Services Market Opportunities
2.6 Five Forces Analysis

3. BEYOND THE PANDEMIC: CATERING SERVICES MARKET OUTLOOK SCENARIOS

3.1 Low Growth: Economic recovery will be slow, supply-chain disruptions continue to pose challenges and consumer demand remains weak
3.2 Medium Growth: Economic recovery will be fast, supply-chain disruptions continue and consumer demand recovers moderately
3.3 High Growth: Rapid economic recovery, supply-chain disruptions handled and consumer demand will be strong

4. MACROECONOMIC AND DEMOGRAPHIC OUTLOOK

4.1 Global Economic Analysis and Outlook, 2020- 2030
4.2 Demographic Profiles of Select Countries, 2020- 2030

5. CATERING SERVICES MARKET OUTLOOK, BY TYPE

5.1 Current Market Information
5.2 Dominant Catering Services Market Types in 2021
5.3 Types with Fastest Growth Potential between 2021 and 2028

6. CATERING SERVICES MARKET OUTLOOK, BY APPLICATION

6.1 Current Market Information
6.2 Dominant Catering Services Market Applications in 2021
6.3 Applications with Fastest Growth Potential between 2021 and 2028

7. NORTH AMERICA CATERING SERVICES MARKET SIZE ANALYSIS AND FORECASTS

7.1 Key facts about the North America Catering Services Markets
7.2 North America Catering Services Trends and Opportunities
7.3 Long-term Market Outlooks: North America Catering Services Market by Type
7.4 Long-term Market Outlooks: North America Catering Services Market by Application
7.5 Long-term Market Outlooks: North America Catering Services Market by Country
7.6 United States Catering Services Market Size Outlook, US$ Million, 2020- 2028
7.7 Canada Catering Services Market Size Outlook, US$ Million, 2020- 2028
7.8 Mexico Catering Services Market Size Outlook, US$ Million, 2020- 2028

8. EUROPE CATERING SERVICES MARKET SIZE ANALYSIS AND FORECASTS

8.1 Key facts about the Europe Catering Services Markets
8.2 Europe Catering Services Trends and Opportunities
8.3 Long-term Market Outlooks: Europe Catering Services Market by Type
8.4 Long-term Market Outlooks: Europe Catering Services Market by Application
8.5 Long-term Market Outlooks: Europe Catering Services Market by Country
8.6 Germany States Catering Services Market Size Outlook, US$ Million, 2020- 2028
8.7 France Catering Services Market Size Outlook, US$ Million, 2020- 2028
8.8 United Kingdom Catering Services Market Size Outlook, US$ Million, 2020- 2028
8.9 Spain Catering Services Market Size Outlook, US$ Million, 2020- 2028
8.10 Italy Catering Services Market Size Outlook, US$ Million, 2020- 2028
8.11 Other Europe Catering Services Market Size Outlook, US$ Million, 2020- 2028

9. ASIA PACIFIC CATERING SERVICES MARKET SIZE ANALYSIS AND FORECASTS

9.1 Key facts about the Asia Pacific Catering Services Markets
9.2 Asia Pacific Catering Services Trends and Opportunities
9.3 Long-term Market Outlooks: Asia Pacific Catering Services Market by Type
9.4 Long-term Market Outlooks: Asia Pacific Catering Services Market by Application
9.5 Long-term Market Outlooks: Asia Pacific Catering Services Market by Country
9.6 China Catering Services Market Size Outlook, US$ Million, 2020- 2028
9.7 India Catering Services Market Size Outlook, US$ Million, 2020- 2028
9.8 Japan Catering Services Market Size Outlook, US$ Million, 2020- 2028
9.9 Japan Catering Services Market Size Outlook, US$ Million, 2020- 2028
9.10 South Korea Catering Services Market Size Outlook, US$ Million, 2020- 2028
9.11 Other Asia Pacific Catering Services Market Size Outlook, US$ Million, 2020- 2028

10. LATIN AMERICA CATERING SERVICES MARKET SIZE ANALYSIS AND FORECASTS

10.1 Key facts about the Latin America Catering Services Markets
10.2 Latin America Catering Services Trends and Opportunities
10.3 Long-term Market Outlooks: Latin America Catering Services Market by Type
10.4 Long-term Market Outlooks: Latin America Catering Services Market by Application
10.5 Long-term Market Outlooks: Latin America Catering Services Market by Country
10.6 Brazil Catering Services Market Size Outlook, US$ Million, 2020- 2028
10.7 Argentina Catering Services Market Size Outlook, US$ Million, 2020- 2028
10.8 Other Latin America Catering Services Market Size Outlook, US$ Million, 2020- 2028

11. MIDDLE EAST AND AFRICA CATERING SERVICES MARKET SIZE ANALYSIS AND FORECASTS

11.1 Key facts about the Middle East and Africa America Catering Services Markets
11.2 Middle East and Africa Catering Services Trends and Opportunities
11.3 Long-term Market Outlooks: Middle East and Africa Catering Services Market by Type
11.4 Long-term Market Outlooks: Middle East and Africa Catering Services Market by Application
11.5 Long-term Market Outlooks: Middle East and Africa Catering Services Market by Country
11.6 Middle East Catering Services Market Size Outlook, US$ Million, 2020- 2028
11.7 Africa Catering Services Market Size Outlook, US$ Million, 2020- 2028

12. GLOBAL CATERING SERVICES MARKETS- COMPETITIVE LANDSCAPE

12.1 Key Five Players Operating in the Catering Services Industry
12.2 Business Operations
12.3 SWOT Analysis
12.4 Financial Profiles

13. APPENDIX

13.1 About VPA Research
13.2 Sources and Research Methodology
13.3 Copyright and Disclaimer