Evolving hospitality industry is driving the growth of United States Non-contractual catering services market, in the forecast period, 2022-2026.
According to TechSci Research report, “United States Non-Contractual Catering Services Market By Type (Wedding Catering, Corporate Catering, Restaurant Catering, Food-Truck Catering, Canteen Catering, and Others), By End User (Commercial, Industrial, Hospitality, Healthcare, In-Flight, Others), By Region, Competition Forecast & Opportunities, 2026”, United States non-contractual catering services market has shown promising growth in the past years until 2019 and is expected to continue to grow in the upcoming forecast years 2021 to 2026. United States non-contractual catering services market owes its growth to the factors like rapidly increasing demand for the advanced services for office complexes. The infrastructure dedicated to the office complexes and commercial sectors is multiplying rapidly and supporting the growth of the United States non-contractual catering services market in the upcoming five years. Moreover, urban infrastructure development, industrialization and increased demand for the aesthetic food services is also promoting modern non-contractual catering services, and further driving the growth of the United States non-contractual catering services market in the next five years. Also, rising disposable income among the population is influencing the growth of the United States non-contractual catering services market in the forecast period, until 2026.
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The United States non-contractual catering services market is segmented on the basis of type, end user, regional distribution, and competitive landscape. Based on end user, the market is further segmented into commercial, industrial, hospitality, healthcare, in-flight, and others. Commercial uses for the non-contractual catering services are anticipated to hold the largest revenue shares of the market in the upcoming five years on account of rapidly increasing business events. Award shows, seminars, conventions, etc. are some of the events that the companies conduct and surge in demand for the catering services in these events drive the growth of the segment as well as the growth of the United States non-contractual catering services market in the next five years. Hospitality centers like restaurants, eateries, hotels, canteens, office canteens, along with the event based catering is driving the growth of the segment and supporting the growth of the United States non-contractual catering services market in the next five years. Moreover, advancing hospitality industry, along with the technological advancements and customer satisfaction goals is substantiating the growth of the United States non-contractual catering services market in the future five years.
Marché Tradition - La Coopérative Cartier Ltée/ Cartier Co-op Ltd., Remo's Catering, Tastify Food, LLC, SAVORY Catering, Jewell Events Catering, Calialley - Artisan Food Window, A'BriTin Catering & Hospitality, J'PETITE EATS, Two Crepes – Union City, Aramark Corporation, This Little Piggy Catering, Distinctive Catering & Events, Hitch & Sip - Bar on Wheels, Apples 2 Apples Catering, Tiffany East Catering, among others are some of the major market players in the country. These market players hold comparatively larger share of the market than the new market players. New market players may focus on the research and development to provide services that satisfies the consumer demand as well as benefit the market players in building their brand value.
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“Hospitality industry is ever expanding in the countries like United States. In fact, the country supports one of the largest hospitality industries in the North American region. Revenue generation in the country due to hospitality services and the food services in the country is further ensuring the futuristic growth of the market in the upcoming five years. Moreover, technological advancement is also supporting the future growth of the market. Online services, easier availability of the services, etc. are further substantiating the growth of the market. New market players planning to enter or expand their businesses may focus on these aspects of the industry and support their brand establishment in the future five years. Collaborations and partnerships with the event management businesses would aid their purposes well,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Non-Contractual Catering Services Market By Type (Wedding Catering, Corporate Catering, Restaurant Catering, Food-Truck Catering, Canteen Catering, and Others), By End User (Commercial, Industrial, Hospitality, Healthcare, In-Flight, Others), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of United States non-contractual catering services market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States non-contractual catering services market.
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