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Food Service Contractors (NAICS 72231) Industry Market Research Report

Food Service Contractors - Market Size and Forecast

The Food Service Contractors report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

Market Size (Total Revenue)

Included in Report

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

Industry Revenue ($ Billions)

Food Service Contractors Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

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.

Food Service Contractors - 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 Food Service Contractors companies in the United States.

Food Service Contractors Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesFood Service Contractors
Small Business (< 5 Employees)


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

Food Service Contractors - 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

Food Service Contractors - 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

Food Service Contractors - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Meals, snacks & beverages prepared under long-term contract
Meals, snacks & beverages prepared under other long-term contract
Meals, snacks & beverages under long-term contract for transport bus
Alcoholic beverages served for immediate consumption
Meals, snacks & beverages prepared for catered events
Meals & beverages served at events on customer's premises
Beer, ale & malt beverages served for immediate consumption
Distilled spirits served for immediate consumption
All other merchandise

Food Service Contractors - 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 2008, the federal government spent a total of $975,437,230 on the food service contractors industry. It has awarded 4,056 contracts to 503 companies, with an average value of $1,939,239 per company.

Food Service Contractors and Adjacent Industries - Top Companies

($ Millions)


Food Service Contractors Industry Report
GeographyUnited States  
Publication DateSeptember 2020
Report FormatPDF Download  

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