Global Contract Catering Market is expected to grow at a CAGR of 5.2% from 2019 to 2026.
Major Competitors in the Contract catering market includes Compass Group, Sodexo, Aramark, Baxterstorey, Elior Group, Ch & Co Catering, MITIE Catering Services and Pasta Category.
Catering providers have been on a silent mission to reshape the industry and inspire workplaces across the country for many years. With ‘health and wellbeing’ no longer viewed as a buzz-term, instead an integral part of everyday life, it’s time to check in and see how this endeavour is going and how it aligns with wider facilities management undertakings. Vacherin,London's premier contract caterer, believes the catering offering in an organisation could be the missing part of the UK’s ongoing productivity puzzle.
Contract catering has evolved to serve an exceptionally broad slice of UK Plc. – generating £4.7b of turnover last year. The lion’s share comes from business and industry (B&I), namely staff dining, which contributes about half of contract catering’s total turnover – far more than any other single area of operation. It is no secret that contract catering has grappled with its reputation, and somewhat unjustly. Alas, it appears to have found its feet in recent years, concreting its place and carving its niche by accompanying the ongoing strive for optimum workplace wellbeing. Long gone are the days of offering stale sandwiches, pre-packed Caesar salads with sachet sauces and squares of Bakewell tarts - and those offerings have been off the menu for a while.
Elior France announced Oct 2020 its intention to launch a job protection plan in its Business & Industry contract catering activity. Well before the crisis, Elior had embarked on a thorough business transformation, launching culinary and digital innovations to propose catering offerings more closely aligned with the new expectations of Business & Industry clients and guests. We took additional action during the national lockdown in France to adapt to new market realities, such as systematically renegotiating clients’ contracts, using vacation days, setting up training sessions, drawing on internal mobility, and using government-sponsored furlough and partial activity work programs.
Elior Business & Industry and Arpège need to make more extensive structural changes to ensure their long-term viability. That is the aim of the plan presented to the Company’s employee representatives today. This reorganization would entail the elimination of 1,888 positions, spread out over nearly 1,260 B&I sites operated by Elior Entreprises and Arpège across France.
Mitie supports Yorkshire Ambulance Service with new contract. Mitie is delivering maintenance and engineering services for 100 sites across the entire Yorkshire region The new partnership, which began on 1 April 2020, sees Mitie provide technical services to 100 YAS sites covering the entire region for five years, with the option to extend for a further two years. The YAS estate consists of a range of sites across Yorkshire and the Humber, all of which are crucial to its operations. This includes 61 Ambulance Stations, which require regular maintenance and a rapid response to the failure of critical equipment, such as garage shutters and doors which enable the ambulances to exit quickly.
BaxterStorey Sept 2020 has joined forces with more than 20 leading companies and individuals from the food service sector to launch Food Service Circle’ (FSC) – a platform aiming to offer support to those affected by the economic fallout of the COVID-19 pandemic. With reduced building occupancy a major concern for businesses, approximately 20% of the hospitality workforce is expected to be made redundant or face significantly reduced hours. As a result, the industry has come together to create a support network to allow them to stay connected and continue to develop their skills and knowledge as they seek new employment. FSC, which has launched on Sept 2020, will act as a one-stop shop for all former team members, offering free training, counsel, advice and job opportunities.
Global Contract Catering Market by Contract Type, by application, By Region. Based on type it has Food Service Contractors and Caterers. By application it has Business & Industry, Hospital, Senior Care, Defense & Offshore, and Sports & Leisure. By region it splits into North America, Europe, South America, Asia-Pacific, Middle East, and Africa. North America is expected to be a lucrative region in the global contract catering market. For instance, according to Coherent Market Insights’ analysis, North America is expected to exhibit a CAGR of 6.0% in the contract catering market during the forecast period (2019-2027).