Catering Software Market Size, Share, Growth & Forecast 2032

Catering Software Market Insights

According to Zion Market Research, the global Catering Software Market was worth USD 64.89 Million in 2023. The market is forecast to reach USD 199.31 Million by 2032, growing at a compound annual growth rate (CAGR) of 13.28% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Catering Software industry over the next decade.

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This professional and specialized report study examines the technical and business perspectives of the catering software industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the catering software market. The report study analyzes the market statistics at the global as well as regional levels to gain an in-depth perspective of the overall catering software market. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

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We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the catering software market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the catering software market. It also encompasses PESTLE analysis and SWOT analysis.

Catering Software Market: Overview

Catering software streamlines business operations for caterers by offering features like invoicing, management, budget planning, bookings, and delivery coordination. It enables precise data distribution, enhances efficiency, and supports online food ordering for events. Popular among food service providers, it allows seamless collaboration with delivery vendors and reduces manual tasks like auditing, pricing, and promotions. With real-time updates and centralized control, catering software saves time, ensures consistency, and simplifies management with a single click.

Key Insights from Primary Research

• As per our primary respondents, the global catering software market would grow annually at around 13.28%.
• It was established through primary research that the global catering software market was valued at around USD 270.18 Million in 2023.
• Based on deployment mode segmentation, the “on-premise” category was the leading revenue-generating category, accounting for around 73.2% of the market in 2023.
• Based on deployment mode segmentation, the “cloud-based” category will grow faster and more consistently.
• Based on the region, North America is expected to account for a revenue share of around 46.5%, in 2023 in the target market.

Key Recommendations from Analysts

• As per our analysis, the global catering software industry is growing at exponential CAGR and various end-use industries are aware of this potential market and applications of the catering software.
• Growing at a CAGR of around 13.28%, the global catering software market provides numerous opportunities for all of the involved stakeholders across the entire value chain.
• Our analysts have identified on-premise segment will be dominating for global catering software market in terms of deployment mode.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the catering software market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the catering software market.

Catering Software Market: Growth Factors

The catering software market industry is growing rapidly due to its vast functionality and multiple-task collaboration in single-system software. The multiple functionalities like invoicing, catering management, budget planning, booking options, and delivery methods, also these functionalities have popularized the software among suppliers of catering services.

The initial investment in software is low and also the low maintenance cost has made SMEs adopt catering software, thereby driving the growth of this industry. Catering software reduces the cost of data handling as compared to traditional catering management systems so many companies are switching to catering software.

Catering Software Market: Report Scope

Catering Software Market: Segmentation Analysis

The research study provides a critical assessment of the catering software market by logically segmenting the market based on type, deployment mode, end-user, and region.

Based on Type, the global catering software market is segmented into booking management, order management, product management, event management, and others. The Order Management segment dominates in terms of market adoption, as accurate and efficient order processing is essential for catering businesses. However, Event Management is growing rapidly, driven by the increasing complexity of events and the demand for all-in-one solutions.

On the basis of Deployment Mode, the global catering software market is divided into on-premises and cloud-based. The Cloud-Based segment dominates the market due to its affordability, flexibility, and ability to cater to businesses of all sizes, particularly startups and SMEs. However, the On-Premises segment remains relevant for large enterprises with stringent data security and compliance requirements.

Based on End-Users, the global catering software market is segmented into caterers, hotels & restaurants, and others. The Caterers segment dominates in terms of volume as catering-specific businesses rely heavily on software to manage their specialized needs. However, the Hotels & Restaurants segment represents a significant value share, driven by their larger operational scale and integration with broader hospitality services.

Catering Software Market: Regional Analysis

The regional segmentation of the catering software industry includes the holistic bifurcation of all five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America holds a substantial share of the catering software market, with the United States being a major contributor. The region's dominance is attributed to the presence of a large number of restaurants and catering services, coupled with the early adoption of advanced technologies. 

The Asia-Pacific region is anticipated to witness the fastest growth in the catering software market during the forecast period. This rapid expansion is attributed to the increasing number of restaurants and catering services, rising disposable incomes, and a growing preference for dining out.

Catering Software Market: Competitive Analysis

Some of the major players in the global catering software market include:

• Aptus Systems Ltd.
• Better Cater Inc.
• Caterease Software
• CaterTrax Inc.
• Flex Catering
• FoodStorm Catering Software
• Gather Technologies Inc.
• Horizon Business Services Inc.
• Infor
• Katerra Inc.
• OPTIMO software
• Planning Pod
• Profit Systems Inc.
• Pxier
• Restaurant & Catering Systems
• Total Party Planner

The global catering software market is segmented as follows;

By Type

• Booking Management
• Order Management
• Product Management
• Event Management
• Others

By Deployment Mode

• On-Premises
• Cloud-Based

By End-User

• Caterers
• Hotels & Restaurants
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest Of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• The Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa 

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)