Caterers — Market Size & Saturation

There are 13,639 caterers establishments in the United States — that's 4.1 businesses per 100,000 people.

13,639
Total Establishments (QCEW)
21,706
Total Firms
4.1
Businesses per 100K People

Is Caterers Oversaturated?

With only 4.1 businesses per 100,000 people, the caterers market has relatively low saturation. Just 13,639 establishments serve the entire US market.

Low saturation can indicate an opportunity — either the market is underserved, or there are high barriers to entry (capital requirements, licensing, specialized skills). If demand exists and you can clear the entry barriers, competition will be limited. However, verify that low saturation isn't due to declining demand.

Competition Dynamics

Entry and exit rates reveal how actively the competitive landscape is changing.

14.0%
Entry Rate
10.7%
Exit Rate
57%
5-Year Survival
+9.7%
Net Growth

More businesses are opening (14.0%) than closing (10.7%) — the market is expanding and attracting new entrants. Competition is intensifying.

Should You Enter This Market?

Here's a summary of the competitive picture for caterers:

Market Size

13,639 establishments

Density

4.1 per 100K people

Avg Revenue/Business

$786K/year

Competition Level

Low Competition

Low competition suggests opportunity — if you can clear entry barriers and validate demand in your local market, you'll face fewer rivals.

Frequently Asked Questions

How many caterers businesses are in the US?
There are 13,639 caterers establishments in the United States (21,706 unique firms). This translates to approximately 4.1 businesses per 100,000 people nationwide.
Is the caterers market oversaturated?
With only 4.1 businesses per 100K people, the caterers market has low saturation and may present opportunities for new entrants.

Sources: Bureau of Labor Statistics QCEW (2023), U.S. Census Bureau Business Dynamics Statistics. Population: 331,449,281 (2020 Census).