Catering Service Providers in Qatar, Qatar Catering Companies - Ken Research
The report titled “Qatar Catering Services Market Outlook to 2021 - Infrastructure
Development and World Cup 2022 to Foster Future Growth” provides a comprehensive analysis
of in-flight, industrial, school, hotel, and healthcare and corporate 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 and product portfolio of major
players. This report will help industry consultants, catering service
providers, retail chains, 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 from USD ~ million in
2011 to USD ~ million in 2016 at a CAGR of ~%. This growth was majorly driven
by the industrial and hospitality sector which are the largest end users of
catering services contributing ~% and ~% respectively in the revenue share in
2016. 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.
Qatar Catering Services
Market Segmentation
By Type: The contract catering market have
accounted for ~% of the total Qatar catering services market while non
contractual catering have acquired ~% of the market in 2016. Only marriages in
personal spaces are non contractual whereas all other end users hire catering
services on contractual basis which include airline, schools, corporate
offices, hotels, hospitals, industrial and labor camps. Therefore, the share of
contract catering services is higher. Within contract catering services, 0-1
year contracts are the most popular and accounted for ~% of the total
contracts. 0-1 year long contracts are more prevalent as the customers which
include schools, offices and hospitals initially look for good quality catering
service. Once satisfied with the services, they tend to renew the contracts
after 1 year.
By End User: The industrial sector has accounted
for the major revenue share of ~% in Qatar Catering services market 2016.
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 hospitality sector has accounted for the second
largest share of ~% in revenue share in Qatar Catering Services in 2016. 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 USD ~ billion for infrastructure, transport, hotels and stadia as it
prepares to host the 2022 FIFA World Cup. Qatar saw more than ~ 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.
Competition Scenario
Qatar has ~ catering service providers as of 2016. The major
players in the industry are 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 reach USD ~
million in 2021 as compared to USD ~ million in 2016 at a CAGR of ~%. 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 ~ billion by 2025 with a target to
receiving ~ million visitors by 2020. This will be supported by USD ~ billion investments
under National Tourism Sector Strategy 2030. This will further create
opportunities for catering services in hotels and hospitality sector. In the
short run, the Qatar catering services market will increase from USD ~ million
to USD ~ million in 2018 at a CAGR of ~%. In the long term, the catering
services market will grow at a slightly higher rate. It is expected to increase
from USD ~ million to USD ~ million in 2021 at a CAGR of ~%.
Key Topics Covered in
the Report:
Qatar Catering Services Market Overview
Healthcare Catering Market Qatar
Catering Service Providers in Qatar
Industrial Catering Market Qatar
Industrial Catering Industry Qatar
Trends Development Qatar Catering
Qatar Catering Company Market Share
SWOT Analysis for Qatar Catering Services Market
GCC Catering Services Market
Qatar Catering Services Market
Competition in Catering Business Qatar
Meals Delivered by Catering Companies Qatar
Hotel Catering Market Qatar
Qatar Catering Market Future
Company Profile of Major Players in Qatar Catering Services
Market
Qatar Catering Companies
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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