Catering Services in the UK - Industry Research Report

No catering: Inflationary pressures are expected to cause a fall in industry revenue in 2022-23

Weak household and business spending combined with the mass cancellations of events across the UK are taking a toll on industry revenue. Industry revenue is expected to contract at a compound annual rate of 4.1% over the five years through 2022-23 to £1.3 billion, including a fall of 8% in 2022-23. The growing health and sustainability awareness of British consumers is resulting in a growing number of industry players offering premium-priced organic and meat-free catering options, supporting the bottom line.

The industry includes businesses engaged in the provision of catering services for one-off events such as weddings, private parties and corporate functions. The industry excludes the provision of contracted catering on an ongoing basis.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.