Caterers in Canada - Industry Market Research Report
Caterers in Canada
Over the five years to 2019, the Caterers industry in Canada has benefited from rising consumer spending and steady growth in the number of Canadian businesses. Improving economic conditions have encouraged many businesses to increase spending on events requiring catering, such as office parties, corporate conferences, team building seminars and client events. Over the past five years, operators have adapted their offerings to suit changing consumer preferences. Healthier, organic foods and local produce now dominate the menus of many upmarket caterers, which has led to strong average industry profit margins. The Caterers industry is expected to continue growing over the five years to 2024 due to a gradual improvement in consumer spending and rebounding corporate profit. In addition, caterers are expected to experience growing demand for healthier and organically grown food items.
The Caterers industry in Canada provides food services for events such as graduation parties, wedding receptions and trade shows. Industry establishments generally have equipment and vehicles to transport meals and snacks to events and to prepare food at the event site. Caterers who own or manage permanent facilities in which they provide event-based food services are also included.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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