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Caterers in Croatia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

HR-I5621 April 2024 Factsheet

Revenue

€26.6m

2019-2024 6.3 %
2024-2029 X.X %

Employees

789

2019-2024 1.0 %
2024-2029 X.X %

Businesses

221

2019-2024 3.2 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 X.X %
2024-2029 X.X %

Caterers in Croatia market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Croatia compared to Europe?

Country Benchmarking

Industry Data Croatia

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#27 In Europe
Business
#24 In Europe
Employees
#23 In Europe
Wages
#22 In Europe

View industry report for Europe

Catering services have suffered due to weakened consumer and business spending alongside the strict COVID-19 restrictions at the onset of the pandemic. Industry revenue is expected to contract at a compound annual rate of 7.2% to €20.6 billion over the five years through 2024, including a 1.3% slump in 2024. Evolving consumer tastes and trends, like healthier eating and vegetarianism, are driving change in the products offered by caterers.

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Enterprises
Number of businesses in 2024

Biggest companies in the Caterers in Croatia

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024

There are no companies that hold a large enough market share in the Caterers in Croatia industry for IBISWorld to include in this product.

Top Questions Answered in this Report

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What is the market size of the Caterers industry in Croatia in 2024?

The market size of the Caterers industry in Croatia is €26.6m in 2024.

How many businesses are there in the Caterers in Croatia industry in 2024?

There are 221 businesses in the Caterers industry in Croatia, which has grown at a CAGR of 3.2 % between 2019 and 2024.

Has the Caterers industry in Croatia grown or declined over the past 5 years?

The market size of the Caterers industry in Croatia has been declining at a CAGR of 6.3 % between 2019 and 2024.

What is the forecast growth of the Caterers industry in Croatia over the next 5 years?

Over the next five years, the Caterers industry in Croatia is expected to grow.

What does the Caterers in Croatia include?

Corporate functions and Weddings are part of the Caterers industry.

How competitive is the Caterers industry in Croatia?

The level of competition is moderate and steady in the Caterers industry in Croatia.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

The industry includes companies engaged in the provision of catering services for one-off events at specified locations like weddings, private parties and corporate functions. The industry excludes the provision of contracted catering on an ongoing basis.

Related Terms

Food-Service ContractorsVeganismSustainable ProduceCrude Marrige Rate

What's included in this industry?

Corporate functionsWeddingsPrivate functionsCommunity events and educational facilities

Companies

Industry Code

ISIC 2006

5621 - Event catering in Croatia

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Caterers in Croatia industry?


Outlook

Analysis

What's driving the Caterers in Croatia industry outlook?


Volatility

Analysis

What influences volatility in the Caterers in Croatia industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Caterers in Croatia industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Subdued economic environment hinders business spending on catering. Despite a resurgence in demand following the COVID-19 blip, economic uncertainty and rising inflation in 2022 and 2023 have forced businesses to cut spending on corporate functions.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Caterers in Croatia industry's products and services performing?

Analysis

What are innovations in the Caterers in Croatia industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Caterers in Croatia industry?


International Trade

Highlights

  • Total Imports into Croatia
  • Total Exports into Croatia
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

The industry is highly fragmented. There are many small-scale catering service providers with new players entering the industry due to opportunities presented by the growing health and sustainability awareness of consumers across Europe.

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Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Caterers in Croatia located?

Companies

Data Tables

Top 0 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Caterers must abide by strict food rules. Due to the services provided by catering service companies, they must meet various food health and safety standard regulations, including food preparation, storage and disposing.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Caterers in Croatia industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Impacts of the COVID-19 outbreak and high inflation challenge profitability. The pandemic kept people indoors and decimated demand for catering services, weighing heavily on profit. Soaring inflation in 2022 and 2023 further constrained profit, though inflation is easing in 2024.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Caterers in Croatia industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.