Qatar Catering Services Market: Ken Research

According to the report analysis, ‘Qatar Catering Services Industry Outlook to 2024 (Third Edition) – Analyzing potential of incumbents to host World Cup 2022’ states that the high ex-pat population coupled with a flourishing in construction activities has resulted in an approval of the catering services led by industrial (construction) camps over the last 5 years. The trend observed upheavals due to the downturn caused by COVID-19 but is predicted to re-gain pre-COVID-19 levels by Q2 2021. Furthermore, the FIFA Football World Cup 2022 is being organized across Qatar, leading to an enormous spike and augmented adoption of catering services.

Qatar Aircraft Catering Company (QACC), Integral Food Services, Shaqab, Qatar Star Services, Yemek Doha, Sodexo Teyseer, Newrest Gulf, Tamimi Group, Compass Group, PDC Tamween, Zad Catering Services, Amwaj, Crompton Catering, Food Services Company, Future Catering, Al Nawras Hospitality, Salam Hospitality, Taste Catering, Hands Kitchen, Perfect Food Catering, Qatar Caterers and Contractors (QCC), Dana Club, Global Infusion Group, Delaware North, Do & Co, Absolute Taste, The Mosimann’s, Atlantic Group, Le Notre, and Potel Chabot are the key companies which presently working in the Qatar Catering Services Market more proficiently for keep maintaining the governing position, registering the great value of market share, leading the highest market growth, generating the highest percentage of revenue, and obtaining the competitive edge by analysing the strategies and policies of government as well as contenders, increasing the features and benefits of catering services, implementing the policies of profit making and strategies of expansion, improving the qualitative and quantitative measures of such, delivering the better customer satisfaction, decreasing the associated prices of such, spreading the awareness connected to applications and advantages of catering services, and establishing the several research and development programs.

With 60% young population, QAR 200,000 annual per capita national disposable income and ~2 Mn tourist arrivals during 2019 have resulted in the growth of the F&B industry, valued at QAR 8.6 Bn during 2019. The present trends of online food delivery and cloud kitchens are obtaining the momentum as ex-pat young population prefers dining out compared to cooking at home regularly.

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50+ years in vintage, the industry has observed the entry and exit of several players. To date, there are 20+ vertical players functioning in the industry. The majority of the firms were set up during the 2000-10 decade due to the boom in construction activities. At end of 2019, the industry was serving ~1Mn meals per day; majorly to industrial and government customers. While some players cater to every type of end-user, some players have placed themselves on precise segments such as event catering, catering to healthcare sectors, etc.

Incumbents are considering the Football World Cup event as a tipping point for their functional performance and global recognition. To avoid losing out the business to international players, incumbents are undertaking capacity enlargement plans, re-branding their firm, opening restaurants focused at tapping individual customers, diversifying their MENUs, and partnering with international firms. It would be interesting to watch how companies position themselves while applying for the tender procedure.

For more information on the research report, refer to below link:

Qatar Catering Services Industry Outlook to 2024

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