The India Catering Market is estimated to grow at a CAGR of around 6.1 % during the forecast period, i.e., 2025-30.
India Catering Market 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.
Moreover, various sports events are also amplifying the Indian Catering Market growth. Furthermore, the expansion of the corporate sector creates a consistent need for catering services at events and meetings. Many people now prefer hiring professional caterers for big events due to health and safety concerns. When taken as a whole these elements are driving the Indian catering industry ahead indicating a rising desire for outside food services that improve festivities. For instance,
• As per the Confederation of All India Traders (CAIT), It is estimated that 48 lakh weddings will take place nationwide in November and December 2024.
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Key Market Reports Highlights
• Market Dimensions & Projections
• Pricing Evaluation
• Recent Strategic Moves by Companies
• Primary Stakeholders
• Import/Export Trend Analysis
• Competitive Landscape Assessment
• Emerging Opportunities
• Market Trends and Indicators
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India Catering Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
• By Type
o Outsourced
ï‚§ Contractual - Market Size & Forecast 2020-2030F, USD Million
ï‚§ Non Contractual - Market Size & Forecast 2020-2030F, USD Million
o In-House- Market Size & Forecast 2020-2030F, USD Million
• By End User
o Corporate sector
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
o Education
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
o Healthcare
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
o Oil & Gas
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
o Defense & Law Enforcement
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
o Government
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
o Mining & EPC
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
o Events
ï‚§ Personal Events
• Outsourced - Market Size & Forecast 2020-2030F, USD Million
• In-House- Market Size & Forecast 2020-2030F, USD Million
ï‚§ Business Events
• Outsourced - Market Size & Forecast 2020-2030F, USD Million
• In-House- Market Size & Forecast 2020-2030F, USD Million
o Construction Industry
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
o Sports & Leisure
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
o Prisons
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
o Others (Retail, Manufacturing, Aviation, etc.)
ï‚§ Outsourced - Market Size & Forecast 2020-2030F, USD Million
ï‚§ In-House- Market Size & Forecast 2020-2030F, USD Million
• By Model
o Client Pay B2B - Market Size & Forecast 2020-2030F, USD Million
o Consumer Pays/Retail/B2C - Market Size & Forecast 2020-2030F, USD Million
• By Region
o North - Market Size & Forecast 2020-2030F, USD Million
o East - Market Size & Forecast 2020-2030F, USD Million
o South - Market Size & Forecast 2020-2030F, USD Million
o West - Market Size & Forecast 2020-2030F, USD Million
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Compass Group, Levy, Smart Q, Hunger Box, Elior Group, LSG Sky Chefs, Delaware North, Spectra, CaterNinja, Biryani By Kilo, Spice Grill Flame (SGF), and others
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