Exploring the GCC Catering Services Market: Insights, Key Drivers, and Major Players
Introduction to the GCC Catering Services Market
Catering services offer food for events like corporate meetings, weddings, parties, and conferences, among others. These services are also well-adopted across colleges, schools, and corporate offices, either through their in-house cooking staff or a third-party source. The various applications & equipment involved in catering services include basic cooking utensils, refrigeration, storage & handling, serving, food preparation, sanitation, etc.
GCC Catering Services Key market insights include:
Market Size and Growth: The GCC Catering Services Market is projected to grow at a CAGR of around 8.2% during the forecast period, i.e., 2023-28.
Country : Saudi Arabia, The UAE, Kuwait, Qatar, Bahrain, Oman
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What is driving the growth of the GCC Catering Services market?
Growing Air Traffic Instigates More Inflight Catering Services
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.
Market Segmentation
The GCC Catering Services Market can be segmented based on several criteria, including:
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
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Key Players in the GCC Catering Services Market
The GCC Catering Services Market is highly competitive, with several key players dominating the landscape. These companies are investing heavily in research and development to stay ahead of the competition and meet the evolving needs of their customers. Some of the prominent players in the GCC Catering Services Market include:
- 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
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Questions Addressed in this Study
1.What factors are driving the GCC Catering Services Market growth?
2.How is the GCC Catering Services Market expected to grow over the next five years?
3.What are the key insights into the current trends in the GCC Catering Services Market?
4.What is the current size of the GCC Catering Services Market, and how is it projected to change in the future?
6.What is the future outlook for the GCC Catering Services Market in terms of technological advancements and market expansion?
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