Showing posts with label International Serving Division. Show all posts
Showing posts with label International Serving Division. Show all posts

Wednesday, May 24, 2023

Middle East Catering Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach USD ~ Bn By 2027 – Ken Research

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What Is The Size Of Middle East Catering Industry?

The Middle East Catering Market is largely driven by urbanization and changing lifestyles. There has been a change in the demand for catering services in recent years, supported by the quickly developing business-to-business (B2B) events sector and food and beverage services being offered at a growing number of corporate events. Furthermore, the market for catering services is growing because of factors including hectic lifestyles and difficulties associated with cooking at home.

The growing preference among customers for fresher, healthier foods is boosting the worldwide catering services market. The catering service operators have shifted their emphasis to providing healthier meals made in-house using fresh ingredients. The market is expanding because of the increased focus on implementing technology to enhance the customer experience and minimize time spent waiting for food.

Middle East Catering Market

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Middle East Catering Market by service type

The Middle East Catering Market is segmented by service type into contractual and non-contractual. There is a preference towards the contractual catering service segment as contract catering has emerged as a cost-effective way of managing food services in a very less stressful manner for various events. Owing to this, contract catering is being rapidly adopted across diverse sectors, including education, corporate, healthcare, defense, sports, senior care, aerospace, etc.

Middle East Catering Market By End User

The Middle East Catering Market is segmented by end-user type into healthcare, corporates, education, and hospitality, industrial, in-flight and others. The event sector has the largest share as events and function happens in all the other sectors and they need catering services.

Middle East catering MARKET by region

The Middle East Catering Market is segmented by region into Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, and Yemen. The UAE has the largest share in all the region owning to hectic lifestyle, urbanization, taste and preferences.

Middle East catering Market by basis of applications

The Middle East Catering Market is segmented by basis of applications type into wedding caterings, corporate caterings, social events catering and others.

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Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:

  • Airline Catering Companies
  • Fine Dining Caterers
  • School Caterers
  • Hotels
  • Industrial Caterers
  • Government Bodies
  • Facility Management Companies
  • Industries
  • Schools
  • Hospitals

Time Period Captured in the Report:

  • Historical Year: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2022– 2027

For more insights on the market intelligence, refer to the link below:

Middle East Catering Market

Monday, May 22, 2023

The Middle East Catering Market Is Projected To Grow Into A USD 4 Bn Market In 2027. Will The Middle East Catering Market Stand On This Projected Figure? Ken Research

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The Middle East catering market has been growing rapidly in recent years due to the increasing demand for catering services from various industries, such as corporate events, weddings, and social gatherings. Here are some of the current trends in the Middle East catering market

1. Technology integration and Sustainability in Middle East Catering Market

Middle East Catering Market

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Technology integration: Catering companies are leveraging technology to streamline their operations, including online ordering systems, mobile apps, and social media marketing. Sustainability: There is a growing awareness of the importance of sustainability and eco-friendliness in the Middle East catering market. Many caterers are adopting environmentally friendly practices, such as using biodegradable packaging and sourcing local, seasonal ingredients. Overall, the Middle East catering market is evolving rapidly, with catering companies adapting to changing customer preferences and leveraging technology to improve their services.

2. Eid Al-Fitr 2023

Middle East Catering Market

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The Eid al-Fitr festival catering market is a bustling and lucrative industry that caters to the needs of Muslims during this festive season.

The catering market during Eid al-Fitr is not limited to traditional foods alone. Many Muslims also prefer to dine out during the festival, especially if they are traveling to be with family or friends. This creates an opportunity for restaurants and hotels to offer special Eid al-Fitr menus and deals to attract customers.

Additionally, the Eid al-Fitr festival catering market extends beyond food to include other services such as event planning, decor, and gift wrapping. Businesses that offer these services often experience a surge in demand during the festival.

In summary, the Eid al-Fitr festival catering market is a lucrative and important industry for businesses that cater to the needs of Muslims during this festive season. From traditional food to event planning and decor, there are many opportunities for businesses to capitalize on the high demand for goods and services during Eid al-Fitr.

3. Different Varieties and Presentation of Cuisines

Fusion cuisine: Catering companies are now offering a fusion of traditional Middle Eastern cuisine with international flavors to cater to the diverse tastes of their customers. Health-conscious menus. Customized menus: Catering companies are providing customized menus to meet the specific dietary requirements of their clients, such as vegan, gluten-free, and halal options. Food presentation: The Middle Eastern catering market is placing more emphasis on the presentation of food, with caterers focusing on creative and visually appealing displays to enhance the overall dining experience.

For more insights on the market intelligence, refer to the link below:-

Middle East Catering Market

Monday, April 17, 2023

Feasting on Success: Global Catering Market Hits over $150 Bn in 2022, but Will the Growth Trend Continue Beyond? – Ken Research

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Global Catering Market which reached a value of over $150 Bn in the year 2022. The food service industry is further expected to grow at a robust CAGR by 2027, says a report by Ken Research

1. Contract Catering is the main revenue generating segment in Global Catering Market.

In the following two years, the global market for contract careering is predicted to expand at a 4.02% CAGR. To provide culinary services for staff, employees, guests, and customers, large-scale organizations such as educational institutions, corporations and industries, hospitals, and event planners utilize contract caterers. Contract catering services include the benefits of increased accountability from the caterer, consumer convenience, and legal compliance with food safety and hygiene regulations. Thus, one of the most widely used categories of catering services is contract catering. According to a survey, more than 50% of respondents stated they would buy things that were made specifically for them.

Global Catering Market

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2. COVID-19 is one of the most significant threats that the catering industry has ever faced.

The catering industry has been fundamentally threatened by the pandemic caused by COVID-19. The catering companies that survive are the ones that understand how the world will return and plan accordingly. These catering companies started adapting accordingly so they can overcome this challenge, some of these techniques are

Global Catering Market

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3. The market is expanding as a result of consumers' rising demand for fresher, healthier foods.

Customers' growing preference for fresher, healthier foods is boosting the global catering services market. Catering service providers have shifted their focus to providing healthier meals made in-house with fresh ingredients. Specialized catering services are becoming more popular as global multinational corporations rapidly expand in emerging markets. Catering businesses now offer healthy dining options such as organic meals, a balanced vegan diet, and healthy snacks as a result of the worldwide trend of increasing health consciousness.Global Catering Market

For more insights on the market intelligence, refer to the link below:-

Global Catering Market

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