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Caterers in the US: Market Research Report

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

Caterers Market Research Report | NAICS 72232 | Feb 2017

Party time: Corporate and consumer party budgets will expand, pushing up demand

The Caterers market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

The Caterers industry has cooked up a new recipe for growth in recent years. Industry revenue has increased as consumers and businesses hiked up spending on industry services. Operators introduced new menu items and are providing a wider range of services to satisfy increasing client requirements. Recent growth has been aided by a recovery in consumer spending and corporate profit; therefore, households and businesses are expanding their budgets and hosting more catered events. Over the next five years, the Caterers industry is forecast to continue to improve as both consumer spending and corporate profit reach all-time highs... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Caterers industry is in the mature stage of its industry life cycle. The industry’s value added (IVA), which measures an industry’s contribution to GDP, is expected to rise at an average annual rate of 1.3% during the 10 years

to 2022; this compares with GDP growth of 2.0% during the same period. Generally, industries that grow at a similar or slower rate as the US gross domestic product are considered to be mature. In addition, the basis of the industry’s business is widely accepted in its current form and has not experienced any major technological change.

Despite steady demand, the industry is in the midst of a rather significant change in consumer preferences. Dem.. purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Caterers Industry?

This industry includes companies that provide individual event-based food services. These companies generally have equipment and vehicles to transport meals and snacks to events or prepare food off-site. Banquet halls with catering staff are included in this industry. Examples of events catered by establishments in this industry are graduation parties, wedding receptions, business luncheons and trade shows.

Industry Products
Alcoholic and nonalcoholic beveragesFood prepared for immediate consumptionFood served at events on caterer's premisesFood served at events on customer's premisesFood dropped off at the customer's eventFood prepared for customer pick-upOther services
Industry Activities
Providing single event based food servicesProviding food services in banquet halls with catering staffTransporting meals and snacks or preparing food on-site

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