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Food Service Contractors in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Food Service Contractors Market Research Report | NAICS 72231 | Feb 2017

Lunch special: Rising health concerns will cause industry operators to improve their menus

IBISWorld’s Food Service Contractors market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
Annual Growth
Industry Threats & Opportunities
  • Increased business and consumer spending has contributed to industry expansion
  • Major industry players have moved toward offering full services
  • The education segment will likely continue to grow, albeit at a slower rate
  • ... purchase to read more

Industry Analysis & Industry Trends

Over the five years to 2016, the Food Service Contractors industry has benefited from an increase in consumer spending on discretionary items, such as tickets to sporting and music events, as well as increased travel spending. Increased business and consumer spending over the past five years has contributed to industry expansion; the industry is also benefiting from the increased propensity of businesses, healthcare facilities and educational institutions to outsource their food services. In the coming years, consumer spending and corporate profit are both expected to grow, meaning consumers and businesses are likely to increase their spending at food service locations... ... purchase to read more

Industry Report - Industry Key Buyers Chapter

In 2017, IBISWorld estimates that the top four industry players account for 62.1% of the available market share, providing a high level of concentration. The top end of the industry is dominated by a small number of large operators that control large contracts for major stadiums, education facilities and events. Only a few companies have the capacity to service these contracts as they require economies of scale, extensive supply chains and the ability to hire large numbers of workers for seasonal events. As a result, the industry has become more consolidated over the past five years. Just prior to the recession, Aramark merged with RMK Acquisition Corporation to form the industry’s second largest player. Oth.. ... purchase to read more

Additional Insights for the Food Service Contractors Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Food Service Contractors Industry are

  • Access to multi-skilled and flexible workforce
  • Ability to quickly adopt new technology
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Corporate profit in the Food Service Contractors industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Food Service Contractors Industry?

    Industry companies provide foodservices at institutional, governmental, commercial or industrial locations. Examples of facilities where foodservices are provided include airports, food courts, college and university cafeterias and recreation and sports venues.

    Industry Products
    Cafeteria dining servicesOn-site restaurantsCatering and banquetRetail outlets and concessionsFood and nutrition services
    Industry Activities
    Providing airline foodservicesContracting cafeteria foodservices (e.g. for schools, hospitals and government offices)Contracting food concession (e.g. for sports venues, entertainment facilities and convention centers)

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Corporate profit
  • Demand from air transportation
  • Demand from educational services
  • Demand from sports franchises
  • Current Performance
  • Consolidation
  • Growth in full-service contracts
  • Wages and profit
  • Chart: Revenue Growth
  • Industry Outlook
  • Varied growth
  • Profit and establishment growth
  • Table: Food Service Contractors Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Food Service Contractors Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Educational Services
  • Healthcare and Social Assistance
  • Arts, Entertainment and Recreation
  • Public Administration
  • Consumers
  • Key Selling Industries
  • Beef & Pork Wholesaling
  • Beer Wholesaling
  • Dairy Wholesaling
  • Egg & Poultry Wholesaling
  • Fish & Seafood Wholesaling
  • Frozen Food Wholesaling
  • Fruit & Vegetable Wholesaling
  • Wine & Spirits Wholesaling
  • Products & Services
  • Cafeteria dining services
  • Retail outlets and concessions
  • Food and nutrition services
  • Catering and banquet
  • Other
  • On-site restaurants
  • Chart: Food Service Contractors Industry Products and Services Segmentation
  • Demand Determinants
  • Demand for foodservice
  • Downstream industries
  • Major Markets
  • Business and industry
  • Educational institutions
  • Healthcare
  • Sports and entertainment
  • Other
  • Airlines and airports
  • Chart: Major Market Segmentation for the Food Service Contractors Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Food Service Contractors
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Food Service Contractors Industry
  • Industry Globalization
    Major Companies
    Compass Group PLC
    Aramark Corporation
    Delaware North Companies Inc.
  • Table: Compass Group PLC - financial performance
  • Table: Aramark Corporation - financial performance
  • Table: Sodexo - financial performance
  • Table: Delaware North Companies Inc. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Food Service Contractors Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Food Service Contractors Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Consumer spending (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
  • A restaurant or refreshment bar provided by an industrial or commercial entity for employees or general consumers.
  • Cook Chill
  • A technology that allows for the quick freezing of pre-prepared meals for serving at a later time to retain flavor and nutritional benefits.
  • Foodservice
  • The making, transporting, serving and dispensing of prepared foods, either on the client's premises or via the provision of pre-prepared meals.
  • Full Facilities Management
  • An agreement with a client to supply multiple services, such as catering, security, maintenance and cleaning, in one contract.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Food Service Contractors:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Food Service Contractors market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Food Service Contractors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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