UAE Catering Services Market Outlook to 2021-Ken Research

0


Ken Research Latest report On UAE Catering Services Market Outlook to 2021– Growing Airline Passengers and Enhancing Digital Technology to Foster Future Growthprovides a comprehensive analysis of in-flight, industrial, school, hotel, healthcare and corporate catering services market in UAE. The report covers aspects such as the market size of the UAE Catering Services, market segmentation on the basis of type of contract, length of contract and major end users of UAE Catering Services Market. The report also covers the competitive landscape, government regulations, customer preferences, and value chain analysis.  UAE Catering Services Market report covers UAE Company Market Share, UAE Catering Company Revenue,Industrial Catering Industry UAE,UAE Catering Companies,Catering Service Providers in UAE,Catering Business in UAE,Catering Services Market,UAE In-Flight Catering Services Market,Industrial Catering Market UAEIn 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.

UAE Catering Services Market

The UAE catering services market has grown from USD ~million in 2011 to USD ~million in 2016 at a CAGR of ~%. Furthermore, contract catering services have taken ~% of the revenue share in 2016. The industrial sector took the major revenue share of ~% in 2016. UAE construction sector has seen growing number of projects in the last five years. The growth in construction activities created demand for catering services for labour camps. The number of schools and hospitals also increased which further augmented the growth of contract catering services. Schools and hospitals together contributed ~% in the revenue share in 2016. The market is further driven by digital technology, innovation and real time supply chain management which has improved the quality of service and increased customer satisfaction.

UAE Catering Services Market Segmentation

By Type: The contract catering market took ~% of the total UAE catering services market while non contractual catering accounted for ~% of the market in 2016. Since, only marriage and personal events are non contractual and all other end users hire catering services on contractual basis which include schools, corporate offices, hospitals, industrial and labor camps the share of contract catering services is higher. The contract catering services growth was supported by rapid expansion of schools, hospitals, large construction camps and major events such as World Expo 2020. The UAE construction sector is a major driver of contract catering which is influenced by the growing population and urbanization creating more demand for housing construction

By Length of Contract: 1 year contracts have accounted for ~% of the revenue share in 2016. This was followed by 0-6 month long contracts which have taken ~% of the share. Other contract catering services have accounted for ~% in the revenue share in 2016. These include catering contracts which are hired to serve exhibitions or personal events for short period of time. 1 year contract have taken the largest share as schools, hospitals prefer such contracts which are the major end users of catering services. 0-6 month long contracts are preferred by industrial workers and labor camps as it depends on the duration of construction activity

By End Users: The flight and airport sector have accounted for the revenue share of ~%. This sector is driven by the rising expectations of all the passengers to have healthy nutritious food and growing number of flyers. The industrial/construction/labor camps/prisons has taken up the second largest market share of ~% in 2016. This can be attributed to the fact that UAE has been experiencing huge growth in the construction activity which has increased the demand for contract catering services of labor camps.

Schools have taken up ~% of market share in 2016. In 2016, the total number of private schools in the UAE had enhanced to ~ with most of them located in the emirates of Abu Dhabi and Dubai.

Hotel industry has taken up ~% of the revenue share in 2016 for UAE catering services. This segment also includes UAE marriages held in hotels and private halls. The number of hotels and hotel apartments increased to ~ in Dubai in 2016 from ~ in 2015. The number of hotels in Abu Dhabi amounted to ~ in 2016. This augmented the market for fine dining and buffet services in hotels.

Competition Scenario in UAE Catering Services Market

UAE has around ~ industrial catering companies with 5 major companies namely Emirates Catering Services, Abela andCo., Royal Catering, ADNH Compass and Intercat accounting for ~% of the market. It is estimated that over ~ million meals are prepared and served on a daily basis which cover a wide spectrum of industries. Emirates Flight Catering is the world leader in the aviation catering industry, with ~ meals served per day. National Catering Services & Foodstuff has been the longest established local hospitality and Catering companies in the Emirates and Middle East. They serve over ~ meals per day. National Catering is one of the leading Catering and related support services Companies in the Arabian Gulf region. Royal Catering is one of the region’s leading catering and hospitality service providers. They serve up to ~ meals per day. Southern Food & Catering Services LLC (SFCS) was established in Abu Dhabi in the year 1989. They are majorly based around Abu Dhabi, Western Region Ras Al Khaima. They serve more than ~ meals per day.

Future Outlook for UAE Catering Services Market

The UAE catering services market revenue is expected to grow from USD ~ million in 2016 to USD ~ million in 2021 at a CAGR of ~%. The UAE Aviation industry is expected to reach USD ~ billion by 2020 which will be driven by lowering tickets prices and growing number of passenger. This period will see major investment in infrastructure projects as UAE gets ready to host the World Expo 2020 facilitating the demand for catering services. As the catering sector grows, it will also see a rise in competition as more players compete to gain competitive advantage with new innovation and technology.

Key Topics Covered in the Report:

  • UAE Catering Services Market Overview
  • Value Chain
  • UAE Catering Services Market Size by Value, 2011-2016
  • UAE Catering Services Market Segmentation on the basis of Type of contracts, Length of Contracts and Major End Users
  • SWOT Analysis for UAE Catering Services Market
  • Trends, Developments, Growth Drivers, Restraints and Government Regulation in UAE Catering Services
  • Decision Making Parameters for Vendor Selection in UAE Catering Services Market
  • List of Players with Overview in UAE Catering Services Market
  • Company Profile of Major Players in UAE Catering Services Market
  • Trends, Developments, Growth Drivers, Restraints and Government Regulation in UAE Catering Services Market.
  • UAE Catering Services Market Future outlook and Projections
  • Analyst Recommendation

To know more research report, click on the link below

https://www.kenresearch.com/food-beverage-and-tobacco/food-services/uae-catering-services-market/129798-11.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Share.

Comments are closed.