While the COVID-19 pandemic obviously impacted most contract foodservice firms operating in the onsite dining markets, there were some exceptions, at least judging by responses to FM’s request for information for the 2021 Top 50 listing. Of the 44 companies that provided data, nine reported revenue gains in 2020 over 2019.
Of the nine, four operate largely or exclusively in K-12 schools, three in healthcare, one in military feeding and one in B&I. With the exception of B&I, these are institutional markets that were less affected by the pandemic’s restrictions and, at least in the case of K-12, also offered opportunities for additional sales as federal school meal waivers and program extensions allowed firms operating in this market to expand into areas like family meals and community feeding as well as growing their breakfast, supper and weekend meal service to students. One of the healthcare specialists, meanwhile, also had the advantage of operating as part of a larger organization that offers diversified outsource services to healthcare institutions, and another one markets healthcare software as an additional business.
Here’s a closer look at each of the Top 50 Top Risers.
Get more on the 2021 Top 50