AlixPartners Foodservice Growth Report Launch – 7th November

7 Nov 2017 By Charles Manners

The 2017 Alix Partners Foodservice Report was launched today, which focuses on the smaller contract caterers with turnover of over £8m per year. Both Chris and Tracey attended the event, which they found very interesting.  The report aims at showcasing the fastest growing (by profits) independent foodservice companies in the UK.  The key themes from the report were:

  • Caterers are now leading with food (thank goodness!!)
  • There was more M&A in 2016, the number of companies in the £8m to £50m bracket have reduced from 54 to 41 - there is a gap in the middle market for new entrants (we need competition for the major players!)
  • Cost pressures wages and food cost are significant (we are seeing this in all sectors)
  • Food to go and delivery with technology is going to have major impact (we are only just seeing this – the pace of innovation could be fast)
  • Overall caterer margins are 7%; and higher for the larger caterers

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