Catering Software Market Analysis, Size, and Share by 2027

Historic Data: 2018-2019   |   Base Year: 2020   |   Forecast Period: 2021-2027

Catering Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Deployment (Cloud and On-Premise) and End user (Caterers, Restaurants & Hotels, and Others)

  • Report Date : Jan 2021
  • Report Code : TIPRE00012438
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 139

The catering software market expected to grow from US$ 201.93 million in 2020 to US$ 519.14 million by 2027; it is estimated to grow at a CAGR of 14.4% from 2020 to 2027.

Big data analytics technology to improve catering operations is attributing to the growth of the market. The Big Data analytics technology has enormous potential to completely transform the catering business. The adoption of Big Data solutions helps improve the efficiency of distribution and production networks in the overall catering industry. The technology allows tracking the entire process of the transportation of supplies. With real-time insights, customers can track their purchase orders on their devices and check the catering status. The integration of an analytics dashboard in catering software helps track and evaluate the performance of catering agents. Also, every stakeholder in the catering business must have relevant data on their products, including data related to farmers, shippers, and retailers, ending with restaurants and shops. For instance, KFC restaurant uses Big Data tools to analyze feedback from customers and food preferences, leading to better customer experiences, sales, and profit.

The e-commerce industry across all the regions has witnessed numerous transformations from the past few years; the industry's growth has prompted catering software market players to leverage Big Data analytics to make smarter business decisions. The technology allows online retailers to evaluate customer interactions across the channels such as mobile devices, social media, and websites.

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Catering Software Market: Strategic Insights

catering-software-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Impact of COVID-19 Pandemic on Catering Software Market

Following the global outbreak of the COVID-19 pandemic, some businesses have been forced to scale back their operations due to various containment measures issued by governments around the world. The virus's rapid spread has prompted governments around the world to place stringent restrictions on the movement of people and vehicles. Businesses that rely on physical interaction to generate revenue have been severely harmed by the lockdowns. As a result, some businesses are concentrating on increasing conversions, interactions, and revenue through digital media.

Market Insights–Catering Software Market

Machine Learning to Revolutionize Catering Business

In the catering industry, the inadequacy of area mapping, and imbalance between demand and resource availability lead to several challenges. Machine learning and Artificial Intelligence (AI) are the foundations of the next-generation catering technologies. These technologies enable systems to learn from recorded data, which comprise algorithms, patterns, and predictive insights. Several online food delivery companies are adopting the machine learning technology to enhance their catering business and increase their businesses' efficiency. For instance, Deliveroo, a UK-based food delivery company, invests in advanced technologies such as machine learning to stay competitive in the market by offering more effective food delivery service. Glovo, a Spain-based food delivery company, also uses machine learning to forecast the probability of remaining active on the app. Thus, the integration of machine learning in catering businesses is projected to boost the demand for catering software during the forecast period.



Deployment -Based Insights

Based on deployment type, the catering software market is segmented into cloud and on-premises. The cloud segment held the largest market share in 2019.

Catering Software Market Regional Insights

The regional trends and factors influencing the Catering Software Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Catering Software Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

catering-software-market-global-geography
  • Get the Regional Specific Data for Catering Software Market

Catering Software Market Report Scope

Report Attribute Details
Market size in 2020 US$ 201.93 Million
Market Size by 2027 US$ 519.14 Million
Global CAGR (2020 - 2027) 14.4%
Historical Data 2018-2019
Forecast period 2021-2027
Segments Covered By Deployment
  • Cloud and On-Premise
By End user
  • Caterers
  • Restaurants & Hotels
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Aptus Systems Ltd.
  • Better Cater, Inc
  • Caterease Software
  • CaterTrax, Inc.
  • CaterZen by Restaurant & Catering Systems
  • Flex Catering
  • FoodStorm Catering Software (CaterXpress)
  • Planning Pod (My Wedding Workbook, LLC)
  • Profit Systems Inc.

  • Catering Software Market Players Density: Understanding Its Impact on Business Dynamics

    The Catering Software Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Catering Software Market are:

    1. Aptus Systems Ltd.
    2. Better Cater, Inc
    3. Caterease Software
    4. CaterTrax, Inc.
    5. CaterZen by Restaurant & Catering Systems

    Disclaimer: The companies listed above are not ranked in any particular order.


    catering-software-market-cagr

    • Get the Catering Software Market top key players overview

    Players operating in the catering software market are mainly focused on the development of advanced and efficient products.

    • In 2020, CaterZen invested programming hours since the beginning of March to confirm restaurants and caterers can continue operations by strong focusing on online ordering and food delivery.
    • In 2020, Flex Catering Introduced catering KDS (Kitchen Display System) which is a type of a digital screen that replaces printed or handwritten ticket orders in restaurants and food businesses.

    The catering software market has been segmented as follows:


    Global Catering Software - By Deployment 

    • Cloud
    • On-Premises

    Global Catering Software - By End User

    • Caterers
    • Restaurants & Hotels
    • Others

    Global Catering Software Market – by Geography

    • North America

      • US
      • Canada
      • Mexico
    • Europe

      • France
      • Germany
      • Italy
      • Russia
      • U.K
      • Rest of Europe
    • Asia Pacific (APAC)

      • Japan
      • China
      • Australia
      • India
      • South Korea
      • Rest of APAC
    • Middle East and Africa (MEA)

      • Saudi Arabia
      • UAE
      • South Africa
      • Rest of MEA
    • South America (SAM)

      • Brazil
      • Argentina
      • Rest of SAM

    Catering Software Market – Company Profiles

    • Aptus Systems Ltd.
    • Better Cater, Inc
    • Caterease Software
    • CaterTrax, Inc.
    • CaterZen by Restaurant & Catering Systems
    • Flex Catering
    • FoodStorm Catering Software (CaterXpress)
    • Planning Pod (My Wedding Workbook, LLC)
    • Profit Systems Inc.
    • Pxier

    Frequently Asked Questions

    Which deployment type is expected to dominate the catering software market in the forecast period?

    The catering software market is led by cloud segment with highest share and is expected to dominate in the forecast period. The cloud segment generates the majority of the demand since it is comparatively less expensive and due to strong network infrastructure in developed countries. In addition, the cloud-based browser isolation software vendors are highly focused on developing a high-level security patch in order to eliminate the risk of cyber-attack.

    What are reasons behind catering software market growth?

    The growth of the catering software market is primarily attributed to growing popularity of e-commerce platforms. Moreover, increasing integration of payment gateway, thereby substantially driving the catering software software market.

    What are market opportunities for catering software market?

    The Big Data analytics technology has enormous potential to completely transform the catering business. The adoption of Big Data solutions helps improve the efficiency of distribution and production networks in the overall catering industry. The technology allows tracking the entire process of the transportation of supplies. With real-time insights, customers can track their purchase orders on their devices and check the catering status. The integration of an analytics dashboard in catering software helps track and evaluate the performance of catering agents. Also, every stakeholder in the catering business must have relevant data on their products, including data related to farmers, shippers, and retailers, ending with restaurants and shops.

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    Our Clients

    The List Companies - Catering Software Market

    1. Aptus Systems Ltd.
    2. Better Cater, Inc
    3. Caterease Software
    4. CaterTrax, Inc.
    5. CaterZen by Restaurant & Catering Systems
    6. Flex Catering
    7. FoodStorm Catering Software (CaterXpress)
    8. Planning Pod (My Wedding Workbook, LLC)
    9. Profit Systems Inc.
    10. Pxier
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