Industry Analysis & Industry Trends
Businesses operating in the Food-Service Contractors industry provide catering services to clients on a contract basis. Major markets for the industry's services include businesses, government departments and local councils, sporting and entertainment venues, tourist attractions, hospitals, schools and universities, nursing homes, airlines, prisons and other institutions. In 2016-17, the industry is expected to generate revenue of £9 billion.
Both businesses and the government have sought to cope with an increase in competition by outsourcing non-core business activities such as food services. This has ensured healthy demand from downstream markets... purchase to read more
Industry Report - Industry Analysis Chapter
Food-service contractors have benefited from favourable conditions over the past five years, and revenue has grown consistently after the earlier turmoil of the economic downturn. Industry revenue has been stimulated by a healthier backdrop in the wider economic environment. The continuing trend for organisations in the public and private sector to outsource non-core business activities such as catering has resulted in stable industry growth. Higher levels of consumer and business confidence have also spurred demand for industry services for much of the past five-year period. However, falling business and consumer confidence following the EU referendum may cause some businesses to hold back on discretionary expenditure in the current year, limiting demand. Lar.. purchase to read more