Showing posts with label Catering Contracting Market Bahrain. Show all posts
Showing posts with label Catering Contracting Market Bahrain. Show all posts

Friday, February 3, 2023

Bahrain Catering Market is expected to grow at a robust CAGR, owing to the surging focus on healthier meals as well as rising number of tourists: Ken Research

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Bahrain Catering Market is now at the growing stage, owing to the rising adoption of automated kitchen in catering services, surging focus on healthier meals and rising tourism in the nation. The Catering Industry in Bahrain is a fragmented market with key players such as Promoseven Holdings, United Caterers and Contractors and Mohammed Jalal Catering etc.

  • Bahrain Catering Market was valued at USD ~ in 2021 and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% during the forecast period (2022P-2027F).
  • Surging focus on having healthier meals after the Coivd-19 pandemic has been a major driver for the Bahrain Catering Market.

Rising Demand for Corporate Catering Services: The corporate sector places a high value on catering services because of their benefits, including hassle-free food arrangements, saving time and money, providing a variety of cuisines, and menu customization. Therefore, the demand for catering services has increased as a result of the business sector's rising infrastructure growth, such as building additional offices. Businesses are continually delivering Personalized menus and dining experiences to employees at discounted rates in an effort to recruit and retain the finest talent by improving employee satisfaction and morale, which is fueling the Bahrain Catering Market.

Growing Air Traffic: The demand for a larger plane has increased due to increased air traffic in Bahrain, increased visitor numbers as a result of famous tourist locations, and more corporate travel. Airlines are focusing on offering cutting-edge services through digitalization. In-app ordering and contactless payments are two of the newest developments in the market for in-flight dining services. As a result, airlines are expanding their fleet size to match the growing number of passengers, boosting demand for in-flight catering services.

Rapidly Growing Medical Sector: The hospital catering services play an essential part in the recovery of the patients admitted to the hospitals for a long or short span of time. Hence, the food for patients needs nutritional, and hygienic and should be delivered on time in order to help them recover faster. The majority of the hospitals provide healthy & nutritious food as per the illness & requirements of the patients, and the gravity of nutrition and hygiene has increased substantially after COVID-19. Therefore, the hospital food catering service has a high demand for managing the dietary plan for the patients.

Analysts at Ken Research in their latest publication Bahrain Catering Market Outlook to 2027F – By Type (Contractual and Non-Contractual), By End User (In-Flight, Oil & Gas, Hospitality, Healthcare, Education, Corporate and Others) observed that Bahrain Catering Market has shown considerable growth in the last five years. In the upcoming years, it is predicted to expand more rapidly due to rising adoption of automated kitchen in catering services, surging focus on healthier meals and rising tourism in the nation. The Catering Market in Bahrain is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Bahrain Catering Market

Key Segments Covered in the report:-

By Type

Contractual

Non-Contractual

By End User

In-Flight

Oil & Gas

Hospitality

Healthcare

Education

Corporate

Others

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Key Target Audience

Government Bodies and Regulatory Authority

Fintech Companies

Investors and Financiers

Venture Capitalist

New Market Entrants

Banks and its Subsidiaries

Existing Catering Service Providers

Time Period Captured in the Report:-

Historical Period: 2017-2022P

Base Period: 2022P

Forecast Period: 2022P-2027F

Companies Covered:-

Promoseven Holdings

United Caterers and Contractors

Mohammed Jalal Catering

Foosco

Food City

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Key Topics Covered in the Report:-

Bahrain Catering Market Overview

Bahrain Catering Market Segmentation

Ecosystem of Bahrain Catering Market

Market Share of Major Players in Bahrain Catering Market

Industry Analysis of Bahrain Catering Market

Value Chain of Catering Market in Bahrain

Key Growth Drivers of Bahrain Catering Market

End User Analysis of Bahrain Catering Market

Key Challenges of Bahrain Catering Market

SWOT Analysis of Bahrain Catering Industry

Future Outlook of Bahrain Catering Market

Trends and Development of Bahrain Catering Market

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

Bahrain Catering Market

Related Reports:-

Kuwait Catering Services Market Outlook to 2027F

China Catering Market Outlook 2027F