GCC Catering Services Market Forecast 2023-28: Unleashing Growth Potential and Profitability

GCC Catering Services Market - Industry Trends and Forecast to 2028

MarkNtel Advisors, a prominent market research firm, has recently published a report titled GCC Catering Services Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028. This study offers an in-depth examination of the industry, encompassing GCC Catering Services market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.

GCC Catering Services Reports Highlights

What is the size of the GCC Catering Services Market?

The GCC Catering Services Market is projected to grow at a CAGR of around 8.2% during the forecast period, i.e., 2023-28. The market has witnessed a swift upsurge owing to the rapid explosion in consumers' interest in tempting yet healthier modern cuisines, particularly in commercial spaces. With corporate setups offering tantalizing food perks to attract and retain employees, the adoption of catering services has widened in the past few years. In response, food service providers across GCC have begun to garnish regular menus with healthy eating options such as organic ingredients, healthy snacks, organic foods, a balanced vegan diet, etc. This proliferation has led to more adoption and emergence of catering services across GCC.

What do the growth prospects and trends look like in the GCC Catering Services Industry?

With prominent tourist destinations like Burj Khalifa, Sheikh Zayed, and muslim pilgrims such as Hajj and Umrah, the air traffic has intensified across the Gulf countries, including Saudi Arabia, the UAE, among others. As such, several airlines are collaborating with catering service providers in order to cater to those emerging food needs. Therefore, the influx of tourists has paved the way for more inflight catering services in the historical period.

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What Components are encompassed within GCC Catering Services Market segmentation?

The report has divided the market into the following segments:

By Type

-Contractual

-Non-contractual

By End Users

-Corporate

-Education

-Healthcare

-Defense & Offshore

-Mining & EPC

-Sports & Leisure

-Event Management

-Others (Retail, Manufacturing, Aviation, etc.)

By Model

-Client Pay B2B

-Consumer Pay/Retail/B2C

By Country

-Saudi Arabia

-The UAE

-Kuwait

-Qatar

-Bahrain

-Oman.

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Who are the Primary Companies or Entities active in the Industry?

The report covers the major market players including:

-Gulf Catering Company

-Saudi Catering & Contracting Company

-Saudi Airlines Catering Company

-Qatar Aircraft Catering Company

-Integral Food Services WLL

-Qatar Star Services LLC

-Abela & Co. LLC

-ADNH Compass Middle East LLC

-Emirates Flight Catering Company L.L.C.

-National Catering Services and Foodstuff

-Royal Catering Services L.L.C

-United Catering

-Al Athnain Catering Co. LLC

-Seven Leisure

-Others.

About Us-

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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