In Qatar, the great ex-pat populace coupled with a boom in construction happenings has resulted in an acceptance of catering services led by the industrial (construction) camps over the last 5 years. The trend observed upheavals due to the downturn triggered by COVID-19 but is projected to re-gain pre-COVID-19 levels by Q2 2021. Furthermore, the FIFA Football World Cup 2022 is being prearranged across Qatar, leading to an enormous spike and augmented adoption of the catering services. In addition, a temperately concerted industry with top tier organizations (supplying >50,000 meals per day) establishing 72% of the industry size. Foremost firms involve Shaqab, Yemek Doha, Qatar Star Services, Integral Food Services, Compass Qatar, Sodexo Teyseer, and several others. Firms are commonly competing for basis the scope of services being delivered (Facility Management Services), food quality certifications, logistics, and delivery management, MENUs and cuisines offered, and several others.
However, the Catering services are principally reliant on the ex-pat population betrothed in the industrial and corporate segments. While most of the ex-pats returned to their home country, a deduction in the annual number of events being introduced, restriction on tourism, and non-operational flights led to a deduction in meals attended on an everyday basis. However, with the opening up of cities and comfortable restrictions, the industry is progressively approaching the pre-Covid levels. It is projected that FY’2020 would observe a slight deduction with pre-COVID levels being attainable by Q2 2021.
Not only has this, the effective
augment in the acceptability for the fresh food services and home meal
replacements is the foremost factor projected to impel the market growth. The
prominent increment in the health awareness among the populace tends to build
healthier and nutritive food choices and the implementation of the services by
the educational institutes, healthcare segments, business, are some other
aspects propelling the market growth across the globe. However, the concerning
aspects such as fidelity of the contractors towards the organization and the
growing cost of services in response to the declination in the level of
services underwrite to restricting the growth of the market.
The effective increase in the
number of wedding/event halls, construction of new hotels with more number of
ballrooms and meeting rooms, projected an augment in the number of foreign
tourists, augment in the number of healthcare centers with more number of
in-patients and intensifying industrial units requiring the catering services
will simplify the growth across the market size of Indonesia.
The growth of Saudi Arabia was
propelled by augment in construction activities as the government underwritten
in emerging the infrastructure of the region to decrease the dependence of
Saudi Arabia on oil segments. Industrial catering has registered for the
greatest revenue share across 2016. This was followed by the hospitality
segment which involves hotels, hajj catering and corporate event catering which
underwritten % in the revenue share. The catering industry also saw growing
utilization of the technology and modern approached of production which involve
the online ordering apps, vehicle tracking systems and inventory management
podium. This supported in augmenting the efficiency of several processes
included in the catering business.
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Ankur Gupta, Head Marketing &
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