2024 Caterers Industry Statistics Report

Caterers - Market Size and Industry Forecast

The 2024 Caterers Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Caterers industry.

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
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

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.

Caterers - 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 - 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



Depreciation and Amortization

Officer Compensation

Net Income

Caterers - 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
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Caterers - 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 - 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%
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

In the past, 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.

Caterers and Adjacent Industries - Top Companies

($ Millions)


Caterers Industry Research
GeographyUnited States  
Publication DateJuly 2024
Report FormatPDF Download  PDF

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