Contract catering market valued at £3 billion

The contract catering market in the UK is now worth £3 billion a year, according to new research.

Market analysis firm Apex Insight claims market growth this year is being driven by outsourcing and the Olympics but warned of “uncertainties” in key segments.

In a summary highlighting the report, Apex said: “Future market growth is likely given continued outsourcing of catering in segments, such as the public sector, where significant in-house provision remains. The Olympics, which is expected to require around 14 million meals to be served, should provide a significant windfall gain in 2012.”

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