Catersource State of the Industry 2023, Part 1

It’s been quite a roller coaster for the catering and events industry thanks to lingering effects from the pandemic followed by substantial growth during recovery, forcing everyone to embrace a new normal. Fluctuating prices, technological advancements, staffing shortages, and changing consumer behaviors are just a few factors that forced the catering and events industry to adapt.  

As 2023 comes to a close, the catering industry finds itself at the intersection of tradition and innovation, so let’s take a look back at a year that challenged caterers to tap into their most creative solutions.

“Remember, it’s not what happened,” says Roy Porter (Engage Works), “it’s how you react to what happened. Your positive attitude will help you react in a positive way and find the underlying opportunities.” 

Survey says

Earlier in the third quarter, Catersource released a survey to our readership. Surveys are always a good place to start an end of the year report. Let’s first look at some of the questions we asked, and some of the interesting responses we received, and then we will move into the Catersource State of the Industry 2023.

Who responded to our survey?

Interestingly, 25% noted that they have been in the events industry for 10–14 years, 18% have been in the industry for 15–20 years, and an impressive 44% have worked in the industry for more than 20 years.  

This year’s survey looked at everything from staffing to client spend to guest counts to client requests. Take a look at the accompanying data to hear from your peers on what they encountered this year. 

Check back next week for part two of our State of the Industry 2023 report where we'll look at corporte catering and immersive experiences. 

Get industry insight from these experts during Catersource + The Special Event, February 12–15 in Austin, TX.