Hotels, Restaurants and Catering (HoReCa) Market Report 2026

The hotels, restaurants and catering (horeca) market size has grown strongly in recent years. It will grow from $3.3 trillion in 2025 to $3.52 trillion in 2026 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to growth of tourism and travel, urbanization and lifestyle changes, expansion of food service outlets, increasing disposable income, rising demand for catering services.

The hotels, restaurants and catering (horeca) market size is expected to see strong growth in the next few years. It will grow to $4.56 trillion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to growth of experiential dining concepts, expansion of international horeca brands, increasing demand for convenience dining, adoption of digital service platforms, rising focus on sustainability. Major trends in the forecast period include expansion of horeca chains, rising demand for sustainable food services, growing adoption of digital ordering systems, increase in premium dining experiences, growth of boutique and independent outlets.

The rise in construction activities is expected to drive the growth of the hotels, restaurants, and catering (HoReCa) market in the coming years. Construction activities include a broad set of processes related to building, renovating, and maintaining infrastructure and facilities. This increase is largely supported by economic growth, rapid urbanization, and favorable government initiatives and policies. The HoReCa sector plays a supportive role in construction activities by providing essential services such as accommodation, food services, and event catering. These services help improve workforce productivity, support efficient project execution, and contribute to the overall success of construction projects while also benefiting local economies. For example, in November 2024, according to the Office for National Statistics (ONS), a UK-based non-ministerial department, total new construction work output in 2023 rose by 4.2%, reaching a record value of £139.02 billion compared with 2022. Therefore, the growth in construction activities is fueling the expansion of the hotels, restaurants, and catering (HoReCa) market.

Major companies operating in the HoReCa market are increasingly focusing on the development of innovative digital solutions, such as HACCP digital systems, to improve operational efficiency, streamline customer service, and enhance guest experiences. HACCP (Hazard Analysis and Critical Control Point) is a structured food safety management approach designed to identify, evaluate, and control risks throughout food handling and preparation processes. Adoption of HACCP solutions in the HoReCa sector is essential for maintaining food safety standards and meeting regulatory requirements. For instance, in March 2024, SATO Europe GmbH, a Germany-based provider of auto-identification and data collection solutions, launched an advanced HACCP digital solution tailored for the HoReCa sector. This solution improves food safety management through customizable control parameters and real-time analytics, strengthening regulatory compliance, enhancing traceability, and increasing operational efficiency. Key features include adaptable self-control settings aligned with specific operational needs, an intuitive interface for seamless workflow integration, and comprehensive data analytics to support informed decision-making.

In April 2024, Tefcold Group, a Denmark-based supplier of commercial refrigeration equipment, acquired Horeca Global Solutions for an undisclosed amount. Through this acquisition, Tefcold Group aims to strengthen its market presence and operational capabilities within the commercial cooling segment by expanding product offerings, enhancing digital platforms, creating operational synergies, and advancing growth strategies for plug-in cooling equipment across key markets. Horeca Global Solutions is a Spain-based company that develops innovative solutions for the HoReCa sector, supporting improved operational efficiency and customer satisfaction on a global scale.

Major companies operating in the hotels, restaurants and catering (horeca) market are Starbucks Corporation, Inspire Brands Inc, Burger King Corporation, McDonald's Corporation, Marriott International Inc., Chick-fil-A Inc, Little Caesar Enterprises Inc., Hilton Worldwide Holdings Inc, ITC Limited, Costa Limited, KFC Corporation, Hyatt Hotels Corporation, Domino's Pizza Inc., InterContinental Hotels Group PLC, Papa John's International Inc., The Wendy's Company, Jack in the Box Inc., Wyndham Hotels and Resorts Inc, Pizza Hut LLC, Jubilant FoodWorks Limited, Subway IP LLC.

Asia-Pacific was the largest region in the hotels, restaurants and catering (HoReCa) market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the hotels, restaurants and catering (horeca) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hotels, restaurants and catering (horeca) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The hotels, restaurants and catering (HoReCa) market includes revenues earned by entities by providing services such as accommodation, dining services, event catering, specialized catering and food and beverage management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.