“The contract catering industry has maintained growth over the past year despite reduced margins. Margins were reduced as input costs grew significantly; a result of high inflation disproportionately driving food prices and heightened expenditure on labour forces tied to ongoing increases in the National Living Wage. Due to economic pressure and price sensitivity among the consumer base, companies were unable to pass on these costs and had to cover hikes themselves, mounting pressure on finances.”
– Marco Amasanti, B2B Analyst
This report addresses the following key questions in the contract catering industry:
How has the market performed over the past year given the air of uncertainty triggered by the EU referendum? What have been the drivers of growth over this period? How has the structure of the contract catering market changed in recent years? What does the future of the contract catering market look like?