In catering services, vendors provide food on-premises or at remote locations such as event locations, academic institutions, and hospitals. A catering service provider must not only ensure taste but also food safety, hygiene, and quality apart from its packaging. In addition, the service provider must supervise the catering staff at events and plan production to ensure buyers’ requirements are met. This category will witness an accelerating spend momentum owing to the extensive usage by the healthcare, education, and hospitality sectors. These sectors exhibit promising growth prospects for suppliers because of the lower penetration of organized catering services in these sectors.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Catering Services Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Catering Services Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Catering Services Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Catering Services Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- The rise in outsourcing of canteen management activities
Category management strategy
- Minimizing ad-hoc purchase
Procurement best practices
- Ensure suppliers have well-defined insurance coverage
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report.
Table of Contents
PART 01: Executive Summary
PART 02: Market Insights
PART 03: Category Pricing Insights
PART 04: Cost-Saving Opportunities
PART 05: Best Practices
PART 06: Category Ecosystem
PART 07: Category Management Strategy
PART 08: Category Management Enablers
PART 09: Suppliers Selection
PART 10: Suppliers Under Coverage
PART 11: US Market Insights
PART 12: Category Definition
PART 13: Appendix
List of Exhibits:
Executive Summary
The following companies are recognised as the key suppliers in the Global Catering services Category - Procurement Market Intelligence Report: ISS Group, US Foods, Sodexo, Compass Group, Aramark, Performance Food.Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to leverage the benefits of third-party technology platforms that help in managing their ad-hoc catering requirements.”
According to the report, one of the key growth contributors for the global catering services market is the extensive category usage in end-user industries such as the healthcare, education, and hospitality sectors.
Further, the report states that one of the key category management strategies for the buyers in the global catering services market is to maximize cost savings that can be achieved through reduction of administrative/contract management costs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- ISS Group
- US Foods
- Sodexo
- Compass Group
- Aramark
- Performance Food.
Methodology
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