Market Insights & Analysis: GCC Catering Services Market (2023-28)
Projected Growth: The GCC Catering Services Market size is estimated to grow at a CAGR of around 8.2% during the forecast period, i.e., 2023-28.
In-Depth Overview of the GCC Catering Services Market
Utilizing both primary and secondary research methodologies, the GCC Catering Services Market report offers an in-depth analysis valuable for stakeholders and investors seeking market insights. This report delves into market dynamics, providing a detailed examination of regional trends and developments.
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Key Driver: 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.
GCC Catering Services Market Segmentation
By Type
-Contractual
-Non-contractual
- Among others, Contractual Catering Services are likely to dominate the market during the forecast period.
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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Leading Companies in the GCC Catering Services Market
The report features major players including:
ADNH Compass Middle East LLC, Abela & Co. LLC, Al Athnain Catering Co. LLC, Emirates Flight Catering Company L.L.C., Gulf Catering Company, Integral Food Services WLL, National Catering Services and Foodstuff, Qatar Aircraft Catering Company, Qatar Star Services LLC, Royal Catering Services L.L.C, Saudi Airlines Catering Company, Saudi Catering & Contracting Company, Seven Leisure, United Catering
Regional Analysis
The report covers a comprehensive analysis of the GCC Catering Services Market across various regions:
- Saudi Arabia
- The UAE
- Kuwait
- Qatar
- Bahrain
- Oman
The research highlights development opportunities and challenges in these regions, encompassing sales growth, product pricing and analysis, growth potential, and strategic recommendations for addressing market challenges.
Essential Questions Addressed in the GCC Catering Services Market Report
- Who are the major players in the GCC Catering Services Market?
- Which region presents the most potential for the GCC Catering Services Market?
- Which application area of the GCC Catering Services Market is anticipated to grow significantly in the coming years?
- What opportunities exist for new market entrants?
- What is the projected market size for the GCC Catering Services Market by the end of the forecast period?
- What are the growth prospects for the GCC Catering Services Market?
- What is the base year considered in this market report?
- Which region holds the largest market share in the GCC Catering Services Market?
- What factors are expected to drive the growth of the GCC Catering Services Market?
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