The Catering Services And Food Contractors Global Market Report 2021-31 by The Business Research Company describes and explains the global catering services and food contractors market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Catering Services And Food Contractors Global Market Report 2022 covers catering services and food contractors market drivers, catering services and food contractors market trends, catering services and food contractors market segments, catering services and food contractors market growth rate, catering services and food contractors market major players, and catering services and food contractors market size.
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The catering services and food contractors market report provides in-depth analysis of the impact of COVID-19 on the global catering services and food contractors industry along with revised market numbers due to the effects of the coronavirus and the expected catering services and food contractors market growth numbers for 2022-2031.
The global catering services and food contractors market is expected to grow from $187.64 billion in 2021 to $275.90 billion in 2022 at a compound annual growth rate (CAGR) of 47%. The growth in the catering services and food contractors market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The catering services and food contractors market is expected to reach $378.39 billion in 2026 at a CAGR of 8.2%.
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Catering Services And Food Contractors Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the catering services and food contractors market segments-
1) By Type: Food Service Contractors, Catering Services
2) By Ownership: Chained, Standalone
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