Global hospital food services market to grow to $134b in 2033
It is driven by the growing emphasis on patient-centered care.
The global hospital food services market is set to grow from $45.94b in 2023 to $133.94b by 2033, reflecting a compound annual growth rate (CAGR) of 11.29%, according to Spherical Insights.
A major driver of market growth is the increased emphasis on patient satisfaction and overall wellness. Hospitals are investing in high-quality food services to support patient health and enhance their experience. This includes offering specialised dietary options and improved meal presentation.
Hospital food services involve managing and providing meals in healthcare settings, including strict adherence to food safety, hygiene, and dietary guidelines. The focus is on delivering nutritious and customized meals to patients, staff, and visitors, which is crucial for patient health and comfort. This sector requires knowledge of food safety laws, nutritional needs, and modern technology, alongside sustainability practices like sourcing local food and reducing waste.
The largest segment in the market is "patient & dining services," which includes direct food services to patients, such as room service and cafeteria meals. This segment is growing due to rising hospital admissions and a focus on patient-centered care.
Additionally, the "acute care settings" segment is expected to drive significant growth. These settings, which include hospitals providing short-term care, require comprehensive food services to meet diverse nutritional needs.