
The Contract Catering Tracker from CGA by NIQ and Bidfood
Contract caterers' first-quarter sales rise 7% despite drop in units served
Britain’s top contract caterers have begun 2024 strongly with like-for-like sales growth of 7% in the first quarter, the Contract Catering Tracker from CGA by NIQ and Bidfood reveals.
This continues the sector’s recovery after COVID, and is the tracker’s 12th quarter of growth in a row. However, the rate of increase is well below the figure of 13% recorded in the last quarter of 2023.
The Contract Catering Tracker from CGA and Bidfood aggregates sales from leading operators to provide monthly reports with year-on-year analysis. It offers a valuable benchmarking tool to measure performance across various metrics and groupings.
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Contract caterers continue to perform strongly, demonstrating the value held in the high-quality, consistent product the sector delivers day in, day out.
The slight decrease in growth rate and units open in the first quarter shows the challenges that inflation and high costs continue to impose on the sector, reinforcing the need for hospitality’s cost burden to be rebalanced and reduced.
Kate NichollsChief Executive, UKHospitality
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