Global Catering Logistics Service Market Size To Exceed USD 30.41 Billion By 2033
According to a research report published by Spherical Insights & Consulting, The Global Catering Logistics Service Market Size is Expected to Grow from USD 18.40 Billion in 2023 to USD 30.41 Billion by 2033, Growing at a CAGR of 5.15% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Catering Logistics Service Market Size, Share, and COVID-19 Impact Analysis, By Mode of Transportation (Roadways, Railways, Airways, and Waterways), By End-User (Airlines, Railways, Corporate, Event Management, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
The international catering logistics service market refers to the business that integrates catering services with logistics distribution, ensuring efficient processing, transportation, and supply of food. The growing need for quick and easy meal delivery services that maintain high standards of quality and hygiene is driving this market expansion. Additionally, the need for specialized and trustworthy catering logistics services has increased significantly due to the growth of events, conferences, and business meetings. However, the high cost of infrastructure development, especially in some areas like warehousing, transportation, and others, might restrict market expansion.
The roadways segment dominated the global catering logistics service market in 2023 and is predicted to grow at a notable CAGR over the forecast period.
On the basis of the mode of transportation, the global catering logistics service market is classified into roadways, railways, airways, and waterways. Among these, the roadways segment dominated the global catering logistics service market in 2023 and is predicted to grow at a notable CAGR over the forecast period. This segment growth is driven by their accessibility, flexibility, and is made possible by the vast network of roads and highways. Moreover, the use of refrigerated trucks and vans in road transportation guarantees that food stays fresh during the journey, satisfying the strict safety and quality requirements.
The airlines segment held a significant share of the global catering logistics service market in 2023 and is projected to grow at a rapid pace over the forecast period.
On the basis of the end-user, the global catering logistics service market is divided into airlines, railways, corporate, event management, and others. Among these, the airlines segment held a significant share of the global catering logistics service market in 2023 and is projected to grow at a rapid pace over the forecast period. This segment growth is driven by the increasing demand for premium food services and the continuous expansion of tourism and the corporate industry, which also assist the segment growth.
Asia Pacific is expected to hold the highest share of the global catering logistics service market over the forecast period.
Asia Pacific is estimated to hold the greatest market share of the global catering logistics service market over the forecast period. The regional market growth is influenced by established corporate and transportation industries, an increase in the number of meetings, conferences, which has raised demand for dependable and superior catering logistics.
Europe is anticipated to grow at the fastest CAGR of the global catering logistics service market over the forecast period. The regional market growth is accelerated because of a focus on food safety and quality requirements, and the demand for catering logistics in the area is driven by well-developed transportation infrastructure, and the existence of companies with catering suppliers as well.
Company Profiling
Major vendors in the global catering logistics service market are Compass Group Plc, Sodexo, Aramark Corporation, Elior Group, ISS World Services A/S, Gategroup Holding AG, Dnata, LSG Sky Chefs, Newrest Group International S.A.S, DO & CO Aktiengesellschaft, Flying Food Group, Emirates Flight Catering, Abela & Co, KLM Catering Services Schiphol BV, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development:
- In July 2024, Mainline Aviation partnered with SAS Scandinavian Airlines to provide in-flight catering services for their new transatlantic route from Atlanta to Copenhagen. The flights began on June 17 and operated daily during the summer months using an Airbus A330-300.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global catering logistics service market based on the below-mentioned segments:
Global Catering Logistics Service Market, By Mode of Transportation
- Roadways
- Railways
- Airways
- Waterways
Global Catering Logistics Service Market, By End-User
- Airlines
- Railways
- Corporate
- Event Management
- Others
Global Catering Logistics Service Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa