Contract caterers surge with double-digit growth in last quarter of 2024
Briefly

Britain's contract catering sector has shown remarkable recovery, with a 12% sales growth in the fourth quarter of 2024, the highest increase of the year. This growth continues a trend of year-on-year sales increases since mid-2021. Notably, December saw peak sales as catering services were sought for Christmas celebrations. Despite challenges including inflation and rising National Insurance contributions, the outlook remains positive, buoyed by diversification in client sectors and an increase in managed venues, reflecting the sector's growing resilience and adaptability post-pandemic.
Double-digit fourth-quarter growth caps an exceptionally good year for Britain's contract catering sector. Businesses have built back superbly from the after-shocks of COVID and the extended period of high inflation.
It's refreshing to see a positive shift with the sector bucking the previous trend of slowing growth we've been seeing for some time.
The Tracker's monthly breakdowns show growth peaked in December, as organisations and people turned to caterers for Christmas celebrations.
Caterers have increased sales year-on-year in every quarter since mid-2021, showing resilience and adaptability in the face of recovery challenges.
Read at London Business News | Londonlovesbusiness.com
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