Gravy train: Strong outsourcing trends have benefited industry revenue growth

The Catering Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.


Industry Threats & Opportunities

  • Businesses have been increasingly outsourcing their catering requirements, driving growth
  • The air-travel sector has required increased food services to cater to growing customer numbers
  • Some growth is forecast for catering at sporting events and other major events

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    Industry Analysis & Industry Trends

    The Catering Services industry has grown strongly over the past five years, with industry revenue expected to rise by an annualised 4.9% over the five years through 2016-17, to total $7.9 billion. Businesses have been increasingly outsourcing their catering requirements, driving growth. Outsourcing allows companies to focus on their core operations and leave catering to experts with established supply chains. Steadily increasing demand from airlines, mining companies, government departments and households has also supported industry growth. However, revenue is forecast to rise by only 2.0% in 2016-17, reflecting weak consumer sentiment...

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    Industry Report - Industry Key Buyers Chapter

    The Catering Services industry is characterised by a low level of market share concentration with the top four players accounting for just under 40% of revenue. Outside of the top four players, the industry is highly fragmented and diverse, with many smaller businesses focused on the catering of small events. About 54.6% of industry establishments hire less than 20 people, and 37.2% are non-employing, owner-operated businesses. A significant proportion of catering firms generate between $200,000 and $2.0 million, while only 7.3% earn more than $2.0 million.

    Larger companies in the industry service major events and clients including government departments, sporting stadiums, businesses and other major catering and food-service contracts. The..

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    Additional Insights for the Catering Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Catering Services Industry are

  • Ability to quickly adopt new technology
  • Ability to manage external contracts
  • Ability to compete on tender
  • IBISWorld analysts also discuss how external factors such as Business confidence index and Real household discretionary income in the Catering Services industry impact industry performance..

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    Industry Products

    What is the Catering Services Industry?

    The industry includes specialist caterers and food-service operators that primarily provide catering services at specified locations or events. Meals and snacks may be transported or prepared and served on or off the premises, as required by the client.

    Industry Products
    Meals for takeaway consumption
    On-premises catering
    Liquor and other beverages
    Other goods and services
    Industry Activities
    Catering for schools, hospitals and other healthcare establishments
    Canteen services
    Remote area catering
    Catering at sporting and other major events
    Airline and airport catering

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Business confidence index
  • Real household discretionary income
  • Demand from restaurants
  • Consumer sentiment index
  • Aircraft kilometres flown

  • Current Performance
  • Profitability
  • Demand conditions
  • Employment and establishments
  • Full-service contracts
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Catering Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Catering Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Mining
  • Retail Trade
  • Domestic Airlines
  • Education and Training
  • Health Services
  • Integrated Logistics

  • Key Selling Industries
  • Dairy Produce Wholesaling
  • Fruit and Vegetable Wholesaling
  • Meat, Poultry and Smallgoods Wholesaling
  • Temporary Staff Services

  • Products & Services
  • On-premises catering
  • Meals for takeaway consumption
  • Other goods and services
  • Liquor and other beverages
  • Chart: Catering Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Businesses
  • Health and education providers
  • Government departments
  • Sports and entertainment venues
  • Households
  • Chart: Major Market Segmentation for the Catering Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Catering Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Catering Services Industry

  • Industry Globalization
    Major Companies
    Compass Group (Australia) Pty LtdSpotless Group Holdings LimitedQantas Airways LimitedSodexo Australia Pty Limited
  • Table: Compass Group (Australia) Pty Ltd - financial performance
  • Table: Spotless Group Holdings Limited - financial performance
  • Table: Qantas Airways Limited - financial performance
  • Table: Sodexo Australia Pty Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Catering Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Catering Services Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • Snap-freezing of prepared meals to maintain flavour and freshness for later reheating or further cooking.
  • Food Service
  • Provision of prepared and takeaway food and beverages to clients.
  • Full-Service Contract
  • Contracts that incorporate catering functions with other services, such as security, building repairs and cleaning services.
  • Takeaway
  • Food or beverages purchased for consumption elsewhere.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Catering Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Catering Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Catering Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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