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Food Catering Services – Industry Analysis, Statistics, Trends, and Forecasts

SIC 5812  |  NAICS 722300

The following guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts


Caterers - Event, Meeting & Party Catering Services  (view report)
Airline Caterers - Food Preparation & Catering for Airline Flights  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

UBM PLC
Catersource Magazine
http://www.catersource.com/

Bimonthly trade publication features news and information for catering and event professionals, with topics covered in each issue including business management, sales and marketing, emerging trends and styles, new products and technology, and upcoming events, and special features including the "State of the Industry" report (January issue) that provides a snapshot of trends shaping the industry.


International Media Group, Inc.
Catering, Foodservice & Events
https://cfe-news.com/

Bimonthly trade publication features news and information for catering, food service, and event professionals, with topics covered in various issues including industry news and trends, latest trends in food, beverage, service, and presentation, product and equipment reviews, business operating tips, interviews with leading experts, and coverage of trade shows and conferences.


Atlantic Publishing Group Inc.
The Professional Caterer's Handbook
https://www.amazon.com/

Comprehensive publication provides detailed guidance on starting and successfully operating a catering business, with topics covered including getting started, equipment, staffing and personnel, traditional marketing, public relations, managing events, setting up events, food presentation and production, beverage functions, pricing and menus, cost controls, recordkeeping, and technology.


IRS Audit Technique Guides
Retail Industry - Chapter 4: Mobile Food Vendors
https://www.irs.gov/

IRS audit guide provides a summary overview of the industry and its business practices from an income and expense verification standpoint, with operations covered in the guide including mobile food preparation vehicles which prepare and serve hot foods such as sandwiches, burritos, and tacos and industrial catering vehicles that sell pre-packaged food products on a self-serve basis.


GIA Research
In-Flight Catering Services
https://www.strategyr.com/

Comprehensive report analyzes the in-flight meal services market on a global basis, with topics covered in the report including passenger air traffic growth, in-flight meal service enhancements, health-related and culturally diverse food preferences, extension of of premium quality foods to non-first class passengers, buy-on-board programs, and low-cost airlines shift toward paid food.


Mordor Intelligence
North America In-Flight Catering Services Market
https://www.mordorintelligence.com/

Market research report provided a detailed analysis of the in-flight catered meal services market by aircraft class (e.g., economy, business, and first class), flight type (e.g., full service, low cost) and food type (e.g., meals, bakery and confectionary, and beverages), with vendors profiled including Gate Gourmet Switzerland, Chelsea Food Services, LSG Sky Chefs, and Flying Food Group, LLC.


BizMiner
Market Analysis
https://www.bizminer.com

Market analysis report provides industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.


More Resources
For more industry research reports and other resources, see the following resource guide.

Financial Statements and Financial Ratios


BizMiner
Industry Financial Ratios
Caterers / Mobile Food Services
https://www.bizminer.com  Search for "722320" and "722330"
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample reports on a national and metropolitan area level are available free online.

IBISWorld
Caterers - Event, Meeting & Party Catering Services
(see links for individual reports)

Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of revenue by major category (e.g., purchases, wages, depreciation, marketing, rent, utilities, other costs, and earnings before interest and taxes) for the most recent year and line graphs indicating trends for each category over the past five years. Sample report can be viewed free online.



Compensation and Salary Surveys


PayScale, Inc.
Catering Service
https://www.payscale.com/

Free online service provides median salary and hourly wage data for selected job positions such as sales manager, catering manager, event coordinator, banquet captain, executive chef, pastry chef, and sous chef, with employers for which salary or hourly wage data is provided including Aramark, Bon Appétit Management, Centerplate, Compass Group, Global Gourmet, and Wolfgang Puck.



Business Valuation Resources


BVMarketData
www.bvresources.com
Private company sales transaction data for over 800 industries.



Related Industries:
Convention, Event, Meeting, and Trade Show Services
Foodservice Contractors
Restaurants and Sandwich Shops
Wedding Planners and Consultants

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