Quick Overview of the GCC Catering Services Market Analysis
The objective of the GCC Catering Services Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.
According to the latest report analysis by MarkNtel Advisors, the GCC Catering Services Market is projected to grow at a CAGR of around 8.2% during the forecast period, i.e., 2024-30. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments. In-depth analysis of market share, size, forecast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.
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Latest Driver Contributing in the GCC Catering Services Industry:
Growing Air Traffic Instigates More Inflight Catering Services – With prominent tourist destinations like Burj Khalifa, Sheikh Zayed, and muslim pilgrims such as Hajj and Umrah, the air traffic has intensified across the Gulf countries, including Saudi Arabia, the UAE, among others. As such, several airlines are collaborating with catering service providers in order to cater to those emerging food needs. Therefore, the influx of tourists has paved the way for more inflight catering services in the historical period.
GCC Catering Services Industry Recent Developments
- GCC Services, a Dubai-based remote site services vendor, has been chosen by international engineering and construction giant McDermott to facilitate catering services for the Tilenga Project Upstream Facilities in the Lake Albert Basin of Uganda.
- As a part of the Riyadh Season, Japanese restaurant Clap has inaugurated a pop-up venue on the rooftop and helipad of Majdoul Tower in Riyadh, and it will run until December 30, 2022. Already popular in Beirut and Dubai, the venue from Addmind is expecting an enlargement with a permanent location in Riyadh’s Ramla Tower in early 2023.
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A Detailed Outlook of GCC Catering Services Market Segmentation
The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, and level in the research. The study analyses latest trends of the industry from 2024-30 for each of the category. Different segments were used to classify the market for this study are listed below:
-By Type
- Outsourced – Market Size & Analysis By Revenues (USD Million)
- In-House– Market Size & Analysis By Revenues (USD Million)
-By End User
- Construction Industry – Market Size & Analysis By Revenues (USD Million)
- Corporate Offices – Market Size & Analysis By Revenues (USD Million)
- Education – Market Size & Analysis By Revenues (USD Million)
- Healthcare – Market Size & Analysis By Revenues (USD Million)
- Oil & Gas – Market Size & Analysis By Revenues (USD Million)
- Defense & Law Enforcement – Market Size & Analysis By Revenues (USD Million)
- Government – Market Size & Analysis By Revenues (USD Million)
- Personal Events – Market Size & Analysis By Revenues (USD Million)
- Business Events – Market Size & Analysis By Revenues (USD Million)
- Mining & EPC – Market Size & Analysis By Revenues (USD Million)
- Sports & Leisure– Market Size & Analysis By Revenues (USD Million)
- Prisons – Market Size & Analysis By Revenues (USD Million)
- Others (Retail, Manufacturing, Aviation, etc.) – Market Size & Analysis By Revenues (USD Million)
-By Model
- Client Pay B2B – Market Size & Analysis By Revenues (USD Million)
- Consumer pays/Retail/B2C – Market Size & Analysis By Revenues (USD Million)
Geographical Analysis:
-By Country
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- Oman
- Bahrain
Here, Saudi Arabia is expected to acquire the maximum popularity when it comes to catering services. It principally attributes to a growing affinity for fusion cuisine on menus owing to the developing propensity for a multicultural society. Besides, the presence of substantial ex-pats across the country has furthered the catering assistance in the past few years.
Moreover, the continuous construction of schools, hospitals, commercial buildings, and IT parks has necessitated more catering services in the forthcoming years. The growing urge for nutritious and healthy food in workplaces, schools, and restaurants again encourages catering companies to diversify their current portfolio and supply nutritional dietary foods in offices, restaurants, college messes, etc. Another factor stimulating the Saudi Arabian Market is the favorable regulations laid down by the Government of Saudi Arabia that aim to attract more Hajj pilgrims to the kingdom in the future. The need to feed the pilgrimages has bolstered the market growth in Saudi Arabia.
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Lead the GCC Catering Services Market with a Deep Evaluation of the Competition
This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.
Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.
The details on the following key players is presented in this section as:
- Gulf Catering Co.
- Sodexo FZE
- AMWAJ Catering Services Limited
- Apex Catering L.L.C.
- Saudi Catering & Contracting Company
- CATRION (Saudi Airlines Catering Company)
- Qatar Aircraft Catering Company
- Integral Food Services WLL
- Qatar Services L.L.C.
- Unique Catering Services Ltd. (UCS)
- Emirates Flight Catering
- National Catering Services and Foodstuff
- Roya Catering Services
- United Catering Co. WLL
- Al Athnain Co. L.L.C.
- Seven Leisure Restaurant Management WLL
- Others
Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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