GITNUX MARKETDATA REPORT 2024

Catering Industry Statistics

The catering industry generates billions of dollars in revenue annually and continues to experience growth due to demand for convenience and customization in food services.

Statistic 1

"Catering industry employment in the U.S. includes over 200,000 workers as of 2022."

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Statistic 2

"25% of catering service offerings are now plant-based or vegetarian meals."

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Statistic 3

"The global catering services market was valued at approximately $130 billion in 2019."

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Statistic 4

"Approximately 15% of catering companies report that corporate events are their primary source of revenue."

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Statistic 5

"60% of catering businesses expect diversification into packaged meal kits post-2021."

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Statistic 6

"During the COVID-19 pandemic, the catering industry experienced a decline of about 50% in event bookings."

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Statistic 7

"The average customer satisfaction rate for catering services stands at around 85%."

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Statistic 8

"Market share of top 10 catering companies in the U.S. is around 20%."

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Statistic 9

"Catering waste reduction efforts have improved by 20% through initiatives like food donations."

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Statistic 10

"Online ordering now represents approximately 10% of the catering industry's total sales."

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Statistic 11

"Sustainability is a growing trend, with over 40% of catering services offering eco-friendly options."

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Statistic 12

"The largest segment in the catering industry is wedding catering, making up about 30% of the market."

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Statistic 13

"Around 30% of catering services employ temporary staff for large events."

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Statistic 14

"The average revenue per catering event in the United States is approximately $1,500."

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Statistic 15

"Employee turnover rate in the catering industry is around 70%."

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Statistic 16

"In 2021, the U.S. catering industry market size was estimated at $12 billion."

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Statistic 17

"Food costs can account for 30-50% of total revenue in the catering industry."

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Statistic 18

"Wedding catering budgets have increased by an average of 10% per year over the past decade."

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Statistic 19

"Technology adoption in catering (like online booking and management systems) has increased by 25% over the past five years."

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