The report titled “Qatar Catering Services
Market Outlook to 2022 – By Event Catering, Industrial, Education, Flight,
Healthcare, Corporate and Other Catering” provides
a comprehensive analysis of catering services market in Qatar. The report
covers aspects such as the market size of the Qatar Catering Services, market
segmentation on the basis of type of contract, length of contract and major end
users of Qatar Catering Services Market. The report also covers the competitive
landscape, government regulations, customer preferences, and value chain
analysis. In addition to this, the report also covers company profiles including
Shaqab, Tamimi Services Group, Qatar Star Services, IFS, PDC Tamween, Newrest
Qatar, AYTB Qatar, Crompton, Qatar Caterers and Contractors, Hands Kitchen
Catering, Kasco Al Bateel, Perfect Food Catering, Karam Services, Manhal Qatar,
Amwaj Catering, La Villa Food and Catering, Dunes Catering and product
portfolio of major players. This report will help industry consultants, event,
industrial, education and healthcare catering service providers, restaurants,
hotels, celebration hall owners, potential entrants and other stakeholders to
align their market centric strategies according to the ongoing and expected
trends in the future.
Qatar Catering Services Market
The
Qatar catering services has grown during 2011-2017 at a single digit CAGR. This
growth was majorly driven by the industrial and event catering sector which are
the largest end users of catering services contributing almost one-fourth of
the overall revenue share in 2017. The government of Qatar has initiated major
infrastructure reforms under Qatar National Vision 2030 in various sectors of
the economy such as transport network, education, healthcare, hotels and others
which further created opportunities for catering services market as the number
of labor camps increased. The education and healthcare sector together contributed remaining
share in the revenue share of catering services market in 2017.
Qatar Catering Services Market
Segmentation
By End User: The
industrial sector has accounted for the major revenue share in Qatar Catering
services market 2017. Construction activities have majorly been driven with the
implementation of government programs such as National Vision (QNV) 2030 and
Qatar Rail Development Program (QRDP). The event sector has accounted for the
second largest share in Qatar Catering Services in 2017. The hospitality sector
has seen infrastructure development as Qatar prepares to host World Cup 2022
which has augmented the market for catering services.
The catering services market in Qatar has been driven by
infrastructure development which has led to increase in construction activities
which in turn require catering services for labor camps. The government has
allotted massive investment for infrastructure, transport, hotels and stadia as
it prepares to host the 2022 FIFA World Cup. Qatar saw more than 12 million
visitors in 2016 majorly during Eid celebration events and the Qatar Summer
Festival. QTA’s collaboration with the Ministry of Interior and Qatar Airways
has further facilitated visitors’ entry to Qatar. With development of the Qatar
hospitality sector, catering services requirement increased in hotels. Qatar
has seen rising number of health conscious people looking for light and
nutritious food. Due to the changing preferences, many catering services have
restructured their production process. The catering services sector has seen
growing demand from high income consumers who prefer more expensive premium
products. This has made the catering companies to revise their menus to include
more variety food items from different cuisines.
Competition
Scenario
Qatar has 100+ catering service providers as of 2016. The
major players in the industry are Shaqab, Newrest Gulf Catering, Qatar Aircraft
Catering Company and IFS Qatar. This market has seen a rise in competition
which is being driven by growing demand and increasing use of technology and
innovation. Since major clients hire on contractual basis, these players
compete to achieve contracts for longer duration to ensure regular orders and
increase profits. They offer different menus and customization services
tailored for different end users. Furthermore, they indulge in various
marketing activities to build their brand equity and reliability. Some of the
activities include email marketing personalized for specific customers,
brochures, pamphlets and fliers distributed at corporate offices, schools and
hospitals and organizing tastings and open houses.
Future Outlook
Qatar catering services market is expected to grow at a positive
CAGR during 2018-2022. This will be majorly driven by the rise in construction
activities as major infrastructure projects get implemented under the Qatar
Vision 2030. The tourism sector is expected to reach USD 7.2 billion by 2025
with a target to receiving 4 million visitors by 2020. This will be supported
by investment under National Tourism Sector Strategy 2030. This will further
create opportunities for catering services in hotels and hospitality sector.
For more
information about the report, refer to below link:
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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