India Catering Market Size & Insights

As per recent study by MarkNtel Advisors The India Catering Market is estimated to grow at a CAGR of around 6.1 % during the forecast period, i.e., 2025-30.   

What are the Key DROs in the India Catering Market?

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.

What are the Key Segments in the India Catering Market?

The India Catering is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

·       By Type

o   Outsourced

§  Contractual - Market Size & Forecast 2020-2030F, USD Million

§  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

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  In-House- Market Size & Forecast 2020-2030F, USD Million

o   Education

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  In-House- Market Size & Forecast 2020-2030F, USD Million

o   Healthcare

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  In-House- Market Size & Forecast 2020-2030F, USD Million

o   Oil & Gas

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  In-House- Market Size & Forecast 2020-2030F, USD Million

o   Defense & Law Enforcement

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  In-House- Market Size & Forecast 2020-2030F, USD Million

o   Government

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  In-House- Market Size & Forecast 2020-2030F, USD Million

o   Mining & EPC

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  In-House- Market Size & Forecast 2020-2030F, USD Million

o   Events

§  Personal Events

·       Outsourced - Market Size & Forecast 2020-2030F, USD Million

·       In-House- Market Size & Forecast 2020-2030F, USD Million

§  Business Events

·       Outsourced - Market Size & Forecast 2020-2030F, USD Million

·       In-House- Market Size & Forecast 2020-2030F, USD Million

o   Construction Industry

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  In-House- Market Size & Forecast 2020-2030F, USD Million

o   Sports & Leisure

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  In-House- Market Size & Forecast 2020-2030F, USD Million

o   Prisons

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  In-House- Market Size & Forecast 2020-2030F, USD Million

o   Others (Retail, Manufacturing, Aviation, etc.)

§  Outsourced - Market Size & Forecast 2020-2030F, USD Million

§  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

Boost Your Company's Decisions by Getting a Free Sample Right Away-   https://www.marknteladvisors.com/query/request-sample/india-catering-market.html

How does geographical analysis highlight in the India Catering market?

By Region

·       North - Market Size & Forecast 2020-2030F, USD Million

·       East - Market Size & Forecast 2020-2030F, USD Million

·       South - Market Size & Forecast 2020-2030F, USD Million

·       West - Market Size & Forecast 2020-2030F, USD Million

Who are the Key Players in India Catering Market?

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

Browse Full Reports: https://www.marknteladvisors.com/research-library/india-catering-market.html

India Catering Market News

• March 2024, Levy has partnered with the Baltimore Ravens to become the team's official food beverage, and hospitality (FandB) partner for M&T Bank Stadium Hospitality.
• January 2024, Elior India Inaugurates State-of-the-Art Kitchen Facility in Hyderabad. This kitchen is built on 20,000 sq ft with the capacity of 25000 meals which can be scaled up to 30,000 meals.

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Key pillars of the research methodology include:

·       Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.&l