Plating up: Rising corporate outsourcing has boosted demand for industry services

The Corporate Catering Services industry has grown solidly over the past five years as companies have increasingly outsourced their catering needs. Industry revenue is expected to rise at an annualised 3.7% over the five years through 2018-19, to $4.9 billion. This includes expected industry revenue growth of 1.9% in the current year. Instability in financial markets and weak business confidence caused many companies to cut their discretionary spending over the two years through 2015-16, reducing demand for some industry services. However, companies have increasingly outsourced catering services to focus on their core businesses over the past five years, boosting industry revenue.The industry provides a range of catering services to businesses and government more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Companies have increasingly outsourced catering services, supporting the industry
  • Increased regulation of food preparation has partly driven demand for outsourced catering services
  • Growing demand from the Mining division is anticipated to support industry revenue growth
  • Industry Report - Industry Key Buyers Chapter

    The Corporate Catering Services industry is characterised by a low level of market share concentration, with the top four players estimated to account for less than 30% of industry revenue in 2018-19. Outside of the three largest players, the industry has a high degree of fragmentation, characterised by smaller, niche operators. Larger companies within the industry specialise in services to major clients, including government departments, large businesses and mining projects. These services consist of contracts demanding a high degree of scale to feed a substantial amount of people, operate in isolated places or outside normal business hours. Industry firms need strong supply chains, human resources capabilities and food safety procedures to successfully carry out their contracts. A s...purchase to read more.

    Additional Insights for the Corporate Catering Services Industry

    IBISWorld has determined the most important Key Success Factors for the Corporate Catering Services are:

  • Ability to compete on tender
  • Effective quality control
  • Access to multiskilled and flexible workforce
  • IBISWorld analysts also discuss how external factors such as Business confidence index and Government consumption expenditure in the Corporate Catering Services industry impact industry performance..

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    What's in this report

    What is the Corporate Catering Services Industry?

    The industry consists of firms that perform catering services for corporate clients, including businesses and government departments.

    Industry Products
  • Corporate functions
  • Corporate canteen services
  • On-premises catering
  • Industry Activities
  • Catering for corporate clients
  • Catering for government clients
  • Corporate event catering
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Business confidence index
  • Government consumption expenditure
  • Number of businesses
  • Demand from restaurants

  • Current Performance
  • Profitability
  • Diversification
  • Chart: Revenue Growth

  • Industry Outlook
  • Profitability
  • Opportunities

    and threats

  • Table: Corporate Catering Services Industry Revenue Outlook

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

  • Supply Chains
    Key Buying Industries
  • Mining
  • Manufacturing
  • Professional, Scientific and Technical Services
  • Public Administration and Safety

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

  • Products & Services
  • On-premises catering
  • Corporate functions
  • Corporate canteen services
  • Chart: Corporate Catering Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Businesses
  • Government
  • Mining firms
  • Chart: Major Market Segmentation for the Corporate Catering Services Industry

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

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Corporate Catering Services Industry

  • Industry Globalization
    Spotless Group Holdings Limited, Compass Group (Australia) Pty Ltd, Sodexo Australia Pty Limited,
  • Table: Spotless Group Holdings Limited - financial performance
  • Table: Compass Group (Australia) Pty Ltd - financial performance
  • Table: Sodexo Australia Pty Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Corporate 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
    Table: Industry Data for the Corporate Catering Services Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Fly-In Fly-Out
  • This refers to mining employees who fly in to work on a project, live on site (often for a month at a time) before returning home.
  • Facilities Management
  • The management and operation of assets or facilities, such as a mining site or utility.
  • Full-Service Contract
  • An agreement to supply a variety of services across different departments.
  • What Our Customers Say

    Why buy this report?

    The Corporate 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.

    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 Corporate 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 Corporate 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 Corporate 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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