Food · Facts & sources
4 sourced facts about the catering industry and food service, each with the context behind the number. 4 more are in today's round and appear here after it closes.
Answerunder 5%
No single caterer controls more than 5% of the market, making it one of the more fragmented segments of the food business.
Source: IBISWorld, Caterers industry report ibisworld.com
Answerabout 161 billion dollars
The wedding industry, including catering, grosses around 161 billion dollars a year in the U.S.
Source: Wikipedia, Wedding reception (2023) en.wikipedia.org
Answergroceries
2016 marked the first time Americans spent more on restaurants than on groceries, a milestone for the broader food service industry.
Source: Wikipedia, Restaurant (2016) en.wikipedia.org
Answerabout 620,000
The BLS counted roughly 620,000 eating and drinking establishments in the U.S. in October 2017, the broader industry catering is part of.
Source: Wikipedia, Restaurant (2017) en.wikipedia.org