About Catering Services for Education
Catering services for education are hired by schools, colleges and Universities to provide food services for a specified period of time and on a certain amount of fees on a contract basis to the students, staff and faculty members. Increasing awareness of the adverse effects of non-communicable diseases, e.g., the effects of obesity and obesity-related diseases on the health condition and mortality of the population, the inappropriate diets and eating habits of children and adolescents is a much-debated problem across the globe. School lunch nutrition standards are an important carrier of messages on healthy eating and an efficient way of changing the nutritional behavior of new generations. Many countries have a compulsory system of school meals; the Hungarian government also wanted to take action in order to improve the nutrition requirements of the school catering service.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Vendors having a strong hold in the market are Compass Group, Sodexo, Aramark Services, and Elior Group. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Catering Services for Education market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Compass Group (United Kingdom), Sodexo (France), Aramark Services (United States), Elior Group (France), ISS World (Denmark), OCS Group Limited (United Kingdom), Westbury Street Holdings (England), Amadeus Food (England), Global Infusion Group Limited (United Kingdom), Mitie Catering Services (United Kingdom), Barlett Mitchell (England) and ABM Catering Solutions (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are CH&Co Catering Group Limited (United Kingdom), Aspens Services Ltd (United Kingdom), Caterleisure Ltd (United Kingdom), CIR Food (Italy), Premier Foods Plc (United Kingdom), AVI Food Systems, Inc. (United States), Red Bean Hospitality (India), Keg Catering Consultants (United Kingdom), Newrest Group Services SAS (France) and Grupa Impel (Poland).
Segmentation Overview
AMA Research has segmented the market of Global Catering Services for Education market by Type (Contractual (Fixed Cost, Cost Plus, and Others) and Non-Contractual), Application (Students Food and Staff and Faculty Food) and Region.
On the basis of geography, the market of Catering Services for Education has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Food Type, the sub-segment i.e. Breakfast will boost the Catering Services for Education market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. K-12 (Private, Public) will boost the Catering Services for Education market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Type, the sub-segment i.e. Food Service will boost the Catering Services for Education market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Delivering Contract Catering Services
Market Growth Drivers:
Increasing the school-going population and getting the unhealthy food to the students in school for lunch, which can lead to chronic health problems in students is the major driving factor for the growth of the global catering services for the education market. Aiming to that many private players are gradually covering the void by providing wholesome meals that are high in quality and taste.
Challenges:
Fulfilling Clients Expectations of Providing Customized and Nutritious Food Might be the Hindrance and The Problem Associated With Allergies & Intolerances, & Food Safety May Pose a Challenge
Restraints:
Food Safety Concerns Involved with Consumption of Catering Food and Stringent Government Rules Linked With Food Regulations & License for Catering Operation
Opportunities:
Growing Awareness of Health and Wellbeing in Educational Institutes is Sustaining this Market, There is an Increased Opportunity for the Market Expansion, and Owing to Sharp Rise in the Catering Services for Education in Emerging Economies Like India, China, and Brazil
On 11th June 2019, the Compass Group Plc announced its agreement with Fazer Group, it provides the services in the Nordic region with operations in Finland, Sweden, Norway and Denmark across the industry including, business, education, healthcare, defense, etc. With the agreement, the aim to provide better customer services committed to sustainability. This transaction is expected to achieve the company's criteria of greater returns than the cost of capital invested before.
"According to the European Federation of Contract Catering Organisations, FERCO has noted the extension of food labelling requirements to non-pre-packed foods - due to the shift from a Directive to Regulation - and the introduction of a requirement that information on allergenic ingredients should be available for non-pre-packed foods sold through retail and catering outlets. The directive does not impose directly labelling requirements in relation to no pre-packed food sold by “mass caterers” and leaves meals prepared by the foodservice sector out of the scope of labelling provisions. In accordance with the subsidiarity principle, the Directive allows the Member States to adopt labelling requirements applicable to non-pre-packed food as those products provided by mass caterers are not subject to inter-community trade."
Key Target Audience
Catering Services for Education Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.