Showing posts with label Catering Industry Market Growth. Show all posts
Showing posts with label Catering Industry Market Growth. Show all posts

Friday, October 22, 2021

Global Catering Services Market is predicted to Augment Owing to Growth in Construction Activities and Advancement in Tourism Segment: Ken Research

 Catering is the business of delivering the food services at a remote site or a site likewise hotel, pub, hospital, cruise ship, aircraft, studio, filming site, entertainment site or event venue. In addition, catering services market has been effectively functioned by the infrastructure which has led to augment in construction activities which in turn require catering services for the labor camps. Although, the industrial caterers predominantly amenities catering demands of several remotely positioned industries comprising manufacturing plants, mining sites and factory and oil and gas station.

The catering services market around the Saudi Arabia has augmented during the recent past years. This growth was propelled by the increment in construction activities as the government contributed in underdeveloped infrastructure of the region to decrease the dependence of Saudi Arabia on the oil segments. The Industrial catering around the Saudi Arabia has registered for the greatest revenue share during the recent past years. This was followed by the hospitality segment which comprises hajj catering, hotels and corporates event catering. In addition, the catering industry also saw growing utilization of technology and modern approached of production which comprise the online ordering apps, inventory management platforms and vehicle tracking systems. This supported in growing the proficiency of several procedures comprised in the catering business.


At Ken Research, the research report on catering services undertakes an analysis of the domestic catering players, hotel-based catering firms and international firms functioning globally or region wise around several functional and financial parameters, prevailing clientele and their readiness to service massive demands. 

Although, the UAE construction segment has seen an increasing number of projects during the last decade. The growth in construction activities generated a requirement for catering services for labor camps. The number of schools and hospitals also augmented which further increased the growth of contract catering services. Schools and hospitals together underwritten handsome percentage of revenue during 2016. The market is further propelled by digital technology, innovation, and real-time supply chain management which has advanced the quality of service and augmented the customer satisfaction.

Furthermore, the research report on catering services covers factors such as the market size of the Qatar Catering Services, market segmentation on the basis of type of contract, length of contract and foremost end users of Qatar Catering Services Market. The research report also covers the competitive landscape, government guidelines, customer preferences, and value chain analysis. In addition to this, the research report also covers company profiles and product portfolio of foremost players. This report will support the industry consultants, catering service providers, retail chains, prospective entrants and other stakeholders to bring into line their market centric strategies according to the ongoing and projected trends during the future.

The catering services market has seen a growth in competition which is being propelled by growing requirement and growing usage of technology and revolution. Since the foremost clients hire on contractual basis, such players compete to obtain contracts for the lengthier duration to confirm regular orders and augment profits. Moreover, around the underdeveloped region, the growth is driven by the growth in construction activities as foremost infrastructure projected. Therefore, in the near years, it is predicted that the market of catering services will increase around the globe more actively over the near future.

For More Information, Click on the Link Below:-

Catering Services Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

Monday, May 20, 2019

Growing Landscape of the Global Catering Market Outlook: Ken Research

In the recent times, the market of catering is highly reputed and richest market around the globe. Moreover, the market of catering services has been operated by the significant developments in the infrastructure of the economy which has led to increase the functioning of construction which in turn need catering services for the labor camps. The industrial caters intellectually serve on the basis of demand of several specified industries including mining sites and factory, oil and gas station, manufacturing plants and several others. Furthermore, the players of this market are playing an important role while dominating the highest market growth with the significant developments in the services and adoption of effective technologies for producing an effective product at a reasonable price which further increase the demand and led the market growth more significant around the globe during the forecasted period.

According to the report analysis, ‘Catering Services Market’ states that there are several key players which are recently functioning in this sector more actively for leading the fastest market growth and attaining the highest value of market share with the significant developments in the techniques of doing work. Moreover, offering of food to the growing number of students in the several education institutions supported the growth of the respective region market players more effectively during the reviewed period. Additionally, the players of this market are analyzing the profitable aspects of the market for knowing the growth drivers, growth opportunities, changing behavior of the consumers and several others.

On the basis of region, the market of catering is spread across the globe which majorly includes Asia Pacific region, North America, Middle East and Africa, Europe and Rest of the World. In the Asia Pacific region, with the developing countries such as India and China contributing an effective value of market share to the growth of this market. Whereas, in the Middle East, the Qatar catering market demonstrate the significant market with the improvement of the Qatar hospitality segment, catering services demand augmented in hotels. Qatar has seen increasing number of health aware people looking for light and nutritious food. Owing to the transforming preferences, several catering services have reorganized their production procedure. The catering services segment has seen increasing the requirement from high income consumers who choose more luxurious premium products. This has made the catering companies to review their menus to involve the more variability food items from different cuisines.

Although, it is anticipated that the education and healthcare sector together underwritten remaining share in the revenue share of catering services market. Additionally, the significant increase in the number of wedding/event halls, establishment of new hotels with the effective catering services and the efficient number of ballrooms and meeting rooms, estimated rise in the number of foreign tourists, increase in the number of healthcare centers with more number of in-patients and increasing industrial units requiring the catering services will operate the growth in the market size. Therefore, in the near future, it is anticipated that the market of catering will increase across the globe more significantly over the recent few years.

For more information, click on the link below:

Contact Us:                                     
Ken Research                                   
Ankur Gupta, Head Marketing & Communications
+91 9015378249