Industry Statistics and Rankings
How does this industry perform in Denmark compared to Europe?
Country Benchmarking
Industry Data Denmark
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#11 In EuropeBusiness
#15 In EuropeEmployees
#13 In EuropeWages
#10 In EuropeCatering 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.
Enterprises
Number of businesses in 2024
Biggest companies in the Caterers in Denmark
| 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 Denmark 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 Denmark in 2024?
The market size of the Caterers industry in Denmark is €448.9m in 2024.
How many businesses are there in the Caterers in Denmark industry in 2024?
There are 791 businesses in the Caterers industry in Denmark, which has declined at a CAGR of 1.0 % between 2019 and 2024.
Has the Caterers industry in Denmark grown or declined over the past 5 years?
The market size of the Caterers industry in Denmark has been declining at a CAGR of 2.0 % between 2019 and 2024.
What is the forecast growth of the Caterers industry in Denmark over the next 5 years?
Over the next five years, the Caterers industry in Denmark is expected to grow.
What does the Caterers in Denmark include?
Corporate functions and Weddings are part of the Caterers industry.
How competitive is the Caterers industry in Denmark?
The level of competition is moderate and steady in the Caterers industry in Denmark.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Restaurants & Takeaways in Denmark
- Food-Service Contractors in Denmark
Complementors
- Pubs, Bars & Coffee shops in Denmark
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 RateWhat's included in this industry?
Corporate functionsWeddingsPrivate functionsCommunity events and educational facilitiesCompanies
Industry Code
5621 - Event catering in Denmark
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- 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 Denmark industry?
Outlook
Analysis
What's driving the Caterers in Denmark industry outlook?
Volatility
Analysis
What influences volatility in the Caterers in Denmark industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Caterers in Denmark 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.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Caterers in Denmark industry's products and services performing?
Analysis
What are innovations in the Caterers in Denmark industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Caterers in Denmark industry?
International Trade
Highlights
- Total Imports into Denmark
- Total Exports into Denmark
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.
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 Denmark 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.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Caterers in Denmark 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.
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 Denmark 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.
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