Compass Group plc (UK), Sodexo (France), Aramark (US) are the Leading Players in the US Healthcare/Hospital Food Services Market
The US healthcare/hospital food services market is projected to reach USD 22.8 billion by 2026 from USD 13.2 billion in 2021, at a CAGR of 11.5% during the forecast period. The growth of this market is mainly attributed to the increasing prevalence of and awareness about chronic diseases, growing focus on improved patient food experience, availability of customized food options based on diet requirements, hospital restrictions for outside food items, and the cost-effectiveness of foodservice outsourcing. On the other hand, the reluctance among OPD patients to pay for food services, pricing challenges, and the shortage of staff are expected to restrain the growth of this market.
Compass Group plc (UK) is a leading player in the US healthcare/hospital food services market. Compass Group North America is a leading food and support services company. It is recognized as a premier employer receiving honors for diversity & inclusion, innovation, health & wellness, and company culture. The company focuses on both organic and inorganic growth strategies to enhance its footprint in the global market. Additionally, over the last few years, Compass Group has strengthened its customer base through inorganic growth strategies, such as acquisitions and partnerships. The company provides food catering services through Morrison Healthcare, Unidine, Touchpoint Support Services, Canteen, and Morrison Living. Compass Group is focused on delivering quality, value, and exceptional patient experience through specialized services and protocols in more than 2,700 hospital and health system locations in 46 states. With its wide geographic presence, Compass Group is expected to witness significant growth in the US healthcare/hospital food services market during the forecast period.
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Sodexo is the second-leading player in the US healthcare/hospital food services market. Sodexo provides catering, facilities management, employee benefits, and personal home services. Sodexo provides quality food services to companies, hospitals, schools, universities, and a range of other organizations. Its expertise also includes retail services, food delivery, meal and food vouchers, as well as digital food ordering services and apps. Sodexo offers healthy, varied, balanced meals with seasonal produce while balancing the use of natural resources with clients’ operating contexts and guests budgets. The company offers three different service styles, namely, tray line, bedside host, and room service. Sodexo has strengthened its customer base in food services across the globe through inorganic growth strategies such as acquisitions and partnerships. The company is planning to include 33% of plant-based dishes in its menus by 2025. For this initiative, the teams at Sodexo have designed an on-site production space, which is focused on reinventing the supply of vegetables for the preparation of vegetarian and vegan dishes.
Aramark is the third-leading player in the US healthcare/hospital food services market. Aramark is a global provider of food, facilities, and uniform services to education, healthcare, business & industry, and sports, leisure & corrections clients. The company operates its business in three segments, namely, Food and Support Services United States, Food and Support Services International, and Uniform and Career Apparel. The company’s Food and Support Services segments manage various interrelated services, including food, hospitality, procurement, and facility services for schools, colleges, and universities; healthcare and senior living facilities; businesses, sports, entertainment, and recreational venues; conference & convention centers; national & state parks; and correctional institutes. The company provides a wide range of non-clinical food and food-related support services to approximately 573 healthcare and senior living clients and more than 651 facilities across the globe. The company’s food-related services include patient food and nutrition, retail food, environmental services, and procurement services.
Related Reports:
US Healthcare/Hospital Food Services Market by Type (Patient Dining (Clinical Nutrition, Regular Diet), Retail Services, Vending, Shops), Settings (Acute Hospitals, ASC, Long-term Care, Nursing and Rehabilitation Centers, Non - acute) - Forecast to 2026
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