India Catering Market Overview and Insights:
According to Markntel Advisors Report, India Catering Market is estimated to grow at a CAGR of around 6.1 % during the forecast period, i.e., 2025-30. The increase in events and celebrations is the main factor driving the notable expansion of the India Catering Market.
India Catering Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
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Industry Growth Driver:
Driving Growth Through Increase in Events and Celebrations – The increase in events and celebrations is the main factor driving the notable expansion of the Indian catering industry. Feasts are emphasized in India's rich cultural pattern with social gatherings, festivals, and weddings all playing significant roles in people's lives. As disposable incomes rise at a rate of 14.5 percent for the year 2022-23, more families are prepared to spend money on premium catering for these events. Additionally, the variety of events from wedding celebrations to business gatherings, offers caterers numerous chances to reach a range of markets. In India, there are about 10 million weddings annually with about 80% of them being Hindu weddings that require well-coordinated catering services.
What is Included in India Catering Market Segmentation?
The report has segmented the market into the following categories:
By Type
- Outsourced
- - Contractual - Market Size & Forecast 2020-2030F, USD Million
- - Non Contractual - Market Size & Forecast 2020-2030F, USD Million
- In-House- Market Size & Forecast 2020-2030F, USD Million
The outsourced segment, particularly the contractual model is the leading segment in the Indian Catering Market with more than 60% of the market share. Contractual catering is a long-term agreement with corporate clients, educational events, and various event organizations to meet their specific needs and service standards. Also, the non-contractual outsourced segment is growing engaging only to individual smaller gatherings or events. Unlike the contractual segment, the non-contractual segment does not involve any formal agreements. Contractual catering involves a pre-defined scope of services, performance metrics, risk management, and cost structures, providing both parties with legal protections. The segment is likely to grow in the forecasted period also, shaping the future dynamics of the catering market in India.
By End User
- Corporate sector
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
- Education
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
- Healthcare
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
- Oil & Gas
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
- Defense & Law Enforcement
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
- Government
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
- Mining & EPC
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
- Events
- - Personal Events
- - - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - - In-House- Market Size & Forecast 2020-2030F, USD Million
- - Business Events
- - - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - - In-House- Market Size & Forecast 2020-2030F, USD Million
- Construction Industry
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
- Sports & Leisure
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
- Prisons
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
- Others (Retail, Manufacturing, Aviation, etc.)
- - Outsourced - Market Size & Forecast 2020-2030F, USD Million
- - In-House- Market Size & Forecast 2020-2030F, USD Million
By Model
- Client Pay B2B - Market Size & Forecast 2020-2030F, USD Million
- Consumer Pays/Retail/B2C - Market Size & Forecast 2020-2030F, USD Million
By Region
- North - Market Size & Forecast 2020-2030F, USD Million
- East - Market Size & Forecast 2020-2030F, USD Million
- South - Market Size & Forecast 2020-2030F, USD Million
- West - Market Size & Forecast 2020-2030F, USD Million
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Who are the Key Players Operating in the India Catering Industry?
The top companies of the India Catering market ruling the industry are:
- Compass Group
- Levy
- Smart Q
- Hunger Box
- Elior Group
- LSG Sky Chefs
- Delaware North
- Spectra
- CaterNinja
- Biryani By Kilo
- Spice Grill Flame (SGF)
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FAQs (Frequently Ask Questions)
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