Increasing demand from the Mining division and a rising trend towards the outsourcing of catering have supported strong revenue growth in the Corporate Catering Services industry over the past five years. Industry revenue is forecast to rise by an annualised 5.7% over the five years through 2013-14. This strong growth is supported by a low base year in 2008-09 and includes revenue growth of 5.4% in 2013-14, to total $2.6 billion. The global financial crisis caused many companies to reduce discretionary spending and seek efficiency gains.
This industry consists of firms that perform catering services for corporate clients including businesses and government departments.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.