Industry Description
This industry comprises establishments primarily engaged in providing single event-based food services. These establishments generally have equipment and vehicles to transport meals and snacks to events and/or prepare food at an off-premise site. Banquet halls with catering staff are included in this industry. Examples of events catered by establishments in this industry are graduation parties, wedding receptions, business or retirement luncheons, and trade shows.
Cross-References. Establishments primarily engaged in--
Business Examples
Common types of business activities within NAICS 722320 - Caterers are:
- Catering services, social
- Caterers
- Banquet halls with catering staff
IBISWorld Industry Research Report
Caterers in the US (72232)
Revenue 2025
$14.4bn
Growth 2025
-1.58%
Key Trends
With relatively low barriers to entry, this industry experiences high competition
Improvements in household earnings have supported industry demand
Household demand is expected to increase in line with consumer spending growth
Products and Services
Similar Industries
For some business types, there may be a similar industry to 722320 - Caterers that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Renting out facilities without providing catering staff--are classified in Industry 531120, Lessors of Nonresidential Buildings (except Miniwarehouses).
IBISWorld industry research report
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NAICS Cross Reference
Providing food services at institutional, governmental, commercial, or industrial locations of others (e.g., airline contractors, industrial caterers) based on contractual arrangements for a specified period of time--are classified in Industry 722310, Food Service Contractors; and
IBISWorld industry research report
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NAICS Cross Reference
Preparing and serving meals and snacks for immediate consumption from motorized vehicles or nonmotorized carts--are classified in Industry 722330, Mobile Food Services;
IBISWorld industry research report
NAICS Hierarchy 722320 - Caterers
NAICS Code 722320 - Caterers sits in the 2-digit Caterers sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 72
Sector Title: Accommodation and Food Services
3 Digits 4 Digits 5 Digits 6 Digits
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7211 Traveler Accommodation
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72111 Hotels (except Casino Hotels) and Motels
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72112 Casino Hotels
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72119 Other Traveler Accommodation
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7212 RV (Recreational Vehicle) Parks and Recreational Camps
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72121 RV (Recreational Vehicle) Parks and Recreational Camps
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7213 Rooming and Boarding Houses, Dormitories, and Workers' Camps
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72131 Rooming and Boarding Houses, Dormitories, and Workers' Camps
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7223 Special Food Services
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72231 Food Service Contractors
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72232 Caterers
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72233 Mobile Food Services
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7224 Drinking Places (Alcoholic Beverages
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72241 Drinking Places (Alcoholic Beverages
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7225 Restaurants and Other Eating Places
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72251 Restaurants and Other Eating Places
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NAICS Resources
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