Global Sustainable Catering Services Market Size To Exceed USD 117.81 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Sustainable Catering Services Market Size is Expected to Grow from USD 92.61 Billion in 2023 to USD 117.81 Billion by 2033, at a CAGR of 2.44% 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 Sustainable Catering Services Market Size, Share, and COVID-19 Impact Analysis, By Service Type (Contractual Catering Services, Non-Contractual Catering Services, and Others), By Event Type (Corporate, Wedding, Social Events, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The sustainable catering services market refers to the industry segment that provides food and beverage services with a focus on environmental responsibility, social equity, and economic viability. These services are designed to minimize ecological impact while promoting health, supporting local economies, and reducing waste across the catering supply chain. Moreover, the sustainable catering services market is driven by rising environmental awareness, corporate social responsibility initiatives, demand for organic and locally sourced food, government regulations promoting sustainability, and increasing consumer preference for eco-friendly practices. These factors encourage caterers to adopt green operations, reduce waste, and offer healthier, more sustainable menu options. However, the market faces restraints such as higher costs of sustainable ingredients, limited supplier availability, logistical challenges, and lack of awareness or commitment among some clients, hindering widespread adoption of eco-friendly practices.
The contractual catering services segment accounted for the largest share of the global sustainable catering services market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on service type, the global sustainable catering services market is divided into contractual catering services, non-contractual catering services, and others. Among these, the contractual catering services segment accounted for the largest share of the global sustainable catering services market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This dominance is due to their long-term agreements with institutions like schools, hospitals, and corporations, enabling consistent implementation of sustainable practices, cost efficiencies, and stronger supplier relationships, which align well with environmental and social responsibility goals.
The corporate segment accounted for a substantial share of the global sustainable catering services market in 2023 and is anticipated to grow at a rapid pace during the projected period.
On the basis of the event type, the global sustainable catering services market is divided into corporate, wedding, social events, and others. Among these, the corporate segment accounted for a substantial share of the global sustainable catering services market in 2023 and is anticipated to grow rapidly during the projected period. This is driven by increasing corporate responsibility initiatives, ESG goals, and a growing emphasis on sustainable practices in business operations. Companies often prioritize eco-friendly catering for conferences, meetings, and employee events to align with their sustainability commitments.
Europe is projected to hold the largest share of the global sustainable catering services market over the projected period.
Europe is projected to hold the largest share of the global sustainable catering services market over the projected period. This is driven by strong environmental regulations, widespread consumer awareness, and government support for green initiatives. The region's emphasis on sustainability, along with a mature food service industry and high demand for organic, locally sourced food, contributes to its market leadership.
Asia Pacific is expected to grow at the fastest CAGR of the global sustainable catering services market during the projected period. This is driven by rapid urbanization, increasing environmental awareness, and rising demand for healthy, eco-friendly food options. Government initiatives promoting sustainability, growing middle-class income, and expanding corporate sectors also contribute to the region’s accelerating adoption of sustainable catering practices.
Company Profiling
Major vendors in the global sustainable catering services market are Compass Group PLC, Aramark Corp., Emirates Flight Catering, Elior Group, DO & CO Aktiengesellschaft, CH and Co Catering Group Ltd., Bartlett Mitchell Ltd., ISS A/S, Entier Limited, Dine Contract Catering., 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 January 2024, Compass Group PLC, a global food services leader, purchased CH&CO, a high-end contract and hospitality service business in the UK and Ireland, for an initial enterprise value of GBP 475 million (USD 600 million).
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global sustainable catering services market based on the below-mentioned segments:
Global Sustainable Catering Services Market, By Service Type
- Contractual Catering Services
- Non-Contractual Catering Services
- Others
Global Sustainable Catering Services Market, By Event Type
- Corporate
- Wedding
- Social Events
- Others
Global Sustainable Catering Services 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