The market of the catering services has been functioned by the effective infrastructure which has led to augment in the construction activities in which in turn necessitate catering services for the labor camps. Whereas, the industrial caters efficiently facilitate the requirements of catering of the several remotely positioned industries comprising the factory and mining sites, manufacturing plants, oil and gas station and several others.
However, the Jordan Catering market has influenced at low growth rate from 2012 to 2017. The foremost end users of Jordan catering service are hotels, event management corporates and individuals. Some of the foremost growth drivers are amendment of western culture, transformation in consumer preference of food, industrial growth and focus on education segment by the government. The foremost challenges for the catering service breadwinners in Jordan are shortage of capital, restricted warehousing facilities and great employee turnover. The market is ascetically competitive. Airline catering, Government and Defense catering sector has less than 3 players while event catering is a greatly competitive sector. School and Industrial catering sector each has approximately 5 major players.
In addition, the Qatar catering services has influenced throughout 2011-2017 at a single digit CAGR. This growth was majorly influenced by the industrial and event catering segment which are the greatest end users of catering services underwriting almost one-fourth of the entire revenue share during 2017. The government of Qatar has initiated foremost infrastructure restructurings under Qatar National Vision 2030 in several sectors of the economy such as transport network, education, healthcare, hotels and others which further generated the opportunities for catering services market as the number of labor camps augmented. The education and healthcare segment together contributed remaining share in the revenue share of catering services market during 2017.
Although, According to the research, it is definite that several of the key players are functioning in Hotel Catering Market for broadening the business premises around the globe and comprising the handsome amount of share globally by undertaking the desire and requirement of the customers which comprises the government authorities also. With the effective functioning of the key players, the fresh investors are willing to invest in this market for getting foremost interest on the investment and which further demonstrated to be beneficial for facilitating the requirement for Hotel Catering Industry services. As the catering segment augments, it will also witness a growth in the competition as more players compete to obtain competitive advantage with the fresh innovation and upgraded technology.
Additionally, it is projected that the Emirates Flight catering is the world leader in the aviation catering industry while, the National Catering Services & Foodstuff has been the lengthiest introduced local hospitality and Catering corporates in the Emirates and Middle East. Furthermore, the Royal Catering is one of the UAE protruding catering and Hospital Catering Market wage-earners. It is projected that in the forthcoming years the market of School Catering Market Research Reports will augment more positively across the world with the fresh improvements in the mode of payments and augment in the investors over the forthcoming few years.
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Ankur Gupta, Head Marketing & Communications