Catering Statistics


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Catering Statistics 2023: Facts about Catering outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Catering, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

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Top Catering Statistics 2023

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Catering “Latest” Statistics

  • The average business owner within this industry works 59 hours per week, and 80% of caterers focus their business on off-site catering opportunities.[1]
  • The majority of Colorado restaurants (69%) are independently owned and operated.[1]
  • A further in depth investigation indicates that the restaurants, bars, and catering subsector had an investment rate of 13.5%, whilst the lodging services subsector reported a relatively high level of investment equal to 29.8% of its own value added.[1]
  • A lower level for this indicator was registered for the restaurants, bars and catering subsector, but at 12.8 % it was still above the non-financial business economy average of 10.8 %.[1]
  • The Caterers industry in the US is the 10th ranked Accommodation and Food Services industry by market size and the 522nd largest in the US.[1]
  • The market size of the Caterers industry in the US has declined 4.9% per year on average between 2017 and 2022.[1]
  • In 2022, the market size, measured by revenue, of the Caterers industry is $10.6 billion.[1]
  • 20-25% of the average catering bill will be dedicated to alcohol for an open bar reception.[2]
  • Technomic predicts that through 2019, catering revenue will expand at a compound annual growth rate of 5.6%.[3]
  • According to Technomic, 63% of the catering business is made up of catering to customers, commonly known as B2C or social catering.[3]
  • According to Technomic, the entire revenue for the foodservice business was $537.2 billion last year, meaning that catering accounted for 11% of the market.[3]

Catering “Other” Statistics

  • Despite the relatively low productivity, the EU-27’s accommodation and food services sector recorded a gross operating surplus (value added less personnel costs) equivalent to 14.6 % of turnover in 2006.[1]
  • The catering industry boasts 12 billion dollars in total revenue. This is the result of a 9.3% annual growth in the last 5 years.[4]
  • The top 50 catering businesses account for only 15% of the industry’s total wealth.[4]
  • From 2021 to 2031, employment of food service managers is anticipated to expand by 10%, faster than the average for all professions.[5]
  • The entire bill from the caterer to the customer will be subject to sales tax, including the charges for the band, temporary help, cake-cutting service, and the 18% service charge, whether or not those charges are separately stated.[6]

Also Read

How Useful is Catering

One of the primary benefits of catering is the convenience it provides. Instead of spending hours planning, shopping, cooking, and serving food for your guests, catering allows you to focus on other important aspects of your event. From selecting a menu that suits your guests’ preferences and dietary restrictions to organizing the presentation and setup of the food, catering services take the hassle out of food preparation and service.

In addition to convenience, catering also offers a level of expertise that can elevate the overall experience of your event. Professional caterers are trained to handle everything from menu planning to food preparation to presentation, ensuring that your guests are treated to delicious and visually appealing dishes. Their attention to detail and commitment to quality mean that you can trust that your event will be well-catered and that your guests will leave satisfied and impressed.

Another significant advantage of catering is the variety of options it offers. Whether you are looking for fine dining cuisine, casual buffet-style service, or themed food stations, caterers can tailor their services to meet your specific needs and preferences. With a wide range of menu options to choose from, catering allows you to create a unique and memorable dining experience for your guests, regardless of the type or size of your event.

Moreover, catering can also save you time and money in the long run. By hiring a professional catering service, you can avoid the costs associated with purchasing ingredients, cooking equipment, and serving ware. Additionally, catering services can help you stick to your budget by offering customizable packages that align with your financial constraints while still providing high-quality food and service.

Beyond the logistical and financial benefits, catering can also enhance the overall ambiance and atmosphere of your event. With expertly prepared dishes, stylish presentation, and attentive service, catering can elevate the dining experience for your guests and make your event truly special. From creating a warm and welcoming atmosphere to impressing your guests with gourmet cuisine, catering can set the tone for a successful and memorable event.

In conclusion, catering serves as a valuable resource for anyone hosting an event or gathering. With its convenience, expertise, variety of options, cost-effectiveness, and ability to enhance the overall dining experience, catering plays a crucial role in ensuring the success and enjoyment of your event. Whether you are planning a wedding, corporate event, or birthday party, partnering with a professional catering service can make all the difference in creating a seamless and unforgettable experience for you and your guests.

Reference


  1. europa – https://ec.europa.eu/eurostat/statistics-explained/index.php/Archive:Hotel,_restaurant_and_catering_services_statistics_-_NACE_Rev._1.1
  2. piccolotrattoria – https://www.piccolotrattoria.com/wedding-catering-by-the-numbers-infographic
  3. restaurantbusinessonline – https://www.restaurantbusinessonline.com/operations/catering-strategy-key-driving-premise-dollars
  4. italiangardensmtx – https://italiangardensmtx.com/infographic-catering-industry-on-the-rise/
  5. bls – https://www.bls.gov/ooh/management/food-service-managers.htm
  6. ny – https://www.tax.ny.gov/pubs_and_bulls/tg_bulletins/st/caterers_and_catering_services.htm

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