2025 Caterers Industry Report

Industry Overview

This industry comprises establishments primarily engaged in providing single event-based food services. These establishments generally have equipment and vehicles to transport meals and snacks to events and/or prepare food at an off-premise site. Banquet halls with catering staff are included in this industry. Examples of events catered by establishments in this industry are graduation parties, wedding receptions, business or retirement luncheons, and trade shows.
Source: US Census Bureau

Market Size and Industry Forecast

The Caterers industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Caterers industry.

HistoricalForecasted
20202021202220232024202520262027202820292030
Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Caterers companies in the United States.

Caterers Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesCaterers
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Caterers Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Caterers Industry Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Meals, snacks & beverages prepared for catered events
Meals & beverages served at events on customer's premises
Meals & beverages served at events on caterer's premises
Meals & beverages dropped off at the customer's event
Other services
Meals, snacks and beverages prepared for immediate consumption
Alcoholic beverages served for immediate consumption
Meals & snacks served at a table by a server
Distilled spirits served for immediate consumption

Caterers Industry Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%

Chief Executives0%
General and Operations Managers1%
Food Preparation and Serving Related Occupations81%
Supervisors of Food Preparation and Serving Workers7%
Supervisors of Food Preparation and Serving Workers7%
First-Line Supervisors of Food Preparation and Serving Workers5%
Cooks and Food Preparation Workers20%
Cooks13%
Cooks, Institution and Cafeteria8%
Food Preparation Workers7%
Food Preparation Workers7%
Food and Beverage Serving Workers46%
Fast Food and Counter Workers28%
Combined Food Preparation and Serving Workers, Including Fast Food23%
Counter Attendants, Cafeteria, Food Concession, and Coffee Shop6%
Waiters and Waitresses10%
Waiters and Waitresses10%
Other Food Preparation and Serving Related Workers8%
Sales and Related Occupations5%

Government Contracts

The federal government spent an annual total of $22,562,733 on the caterers industry. It has awarded 1,367 contracts to 339 companies, with an average value of $66,557 per company.

Top Companies in Caterers and Adjacent Industries

CompanyAddressRevenue
($ Millions)



Report Objectives

For Private Equity Firms & Investors

  • Analyze unbiased statistics for the Caterers market
  • Review historical and forecasted growth trends
  • Benchmark companies against the industry average

For Business Executives

  • Develop a strategy based on concrete statistics
  • Identify opportunities based on market size and growth rates

For Startups

  • Get the information you need for the "Market Analysis" section of your business plan
  • Show market size in the U.S. and by state

For Venture Capital

  • Understand market opportunity and current size
  • Evaluate the market potential of a disruptive technology in the Caterers industry



Buy the Caterers Report
GeographyUnited States
Publication DateFebruary 2025
Report FormatPDF Download  PDF
Price
$995
Industry Report Contents
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