Quadintel’s recent global “ UAE Catering Services Market “ research report gives detailed facts with consideration to market size, cost revenue, trends, growth, capacity, and forecast till 2030. In addition, it includes an in-depth analysis of This market, including key factors impacting the market growth.
This study offers information for creating plans to increase the market’s growth and effectiveness and is a comprehensive quantitative survey of the market.
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Market Segmentation
Based on the Type:
Contractual
Non-Contractual
Based on Type, contractual catering services have acquired the primary share in the overall UAE catering services market since the historical period. This can be justified by the fact that contract-based services allow long-term cost-effective solutions to the consumers mostly the organizations such as educational institutions, oil & gas and mining sites, office buildings, hospitals, and many others.
Moreover, the availability of food facilities has become a necessity for these organizations, as a significant count of people present for long hours on a regular basis. Requiring different forms of catering contracts depending upon the number of people, time period i.e. short term or long term, menu, etc.
The growing catering facilities in the country, along with surging remote operational activities such as mining sites, and offshore oil & gas exploration and production are expected to further fuel the demand for contractual catering services across the UAE.
Based on End-Users:
Corporate
Education
Healthcare
Defense & Offshore
Mining & EPC
Sports & Leisure
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Here, Corporate users are anticipated to acquire the largest market share in the coming years. It owes to the increasing establishment of multinational companies (MNCs) & their mounting expenditure in the country. Companies select the UAE as a place for establishing corporate headquarters because of the country’s openness to international commerce and strategic location as a regional gateway, which creates commercial opportunities and makes the UAE a desirable market.
The rising strategic agreement among corporations to enhance foreign direct investment in order to assist private sector growth, as well as the low taxes for a corporate office setting, are expected to boost demand for corporate catering services in the country.
Moreover, the increasing focus of caterers on offering healthy meals with fresh ingredients as well as reducing dependency on frozen food is another crucial aspect fueling the demand for catering services among corporate users and, in turn, propelling the growth of the market.
Regional Landscape:
Geographically, the UAE Catering Services Market expands across:
Abu Dhabi & Al Ain
Dubai
Sharjah & Northern Emirates
Of all cities in the UAE, Dubai is projected to witness substantial growth in the Catering Service Market over the forecast years. It owes to its swiftly expanding tourism sector, coupled with the extensive presence of leading players like Emirates Flight Catering. Besides, rapidly evolving consumer preferences & rising urban lifestyles are leading to increasing casual dining, which is another crucial aspect driving the catering services market in Dubai.
The city is devoted to enhancing its competitiveness & improving foreign trade. Hence, the escalating developments in the tourism industry shall generate lucrative opportunities for catering service providers and, in turn, boost the market in the years to come.
Key Trends in the UAE Catering Service Market
Rising Adoption of Automated Kitchen in Catering Services
Surging Focus on Providing Healthier Meals
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Market Dynamics:
Key Drivers:
Rising Demand for Corporate Catering Services
Catering services are highly demanded in the corporate sector because of their advantages, such as offering hassle-free food arrangements, saving time & money, offering multi-cuisine options, menu variations, etc. Henceforth, the increasing infrastructure development in the corporate sector such as the opening of new offices has propelled the demand for catering services in the sector.
Rapidly Growing Medical Sector has Propelled the Market Growth
The hospital catering services play an essential part in the recovery of the patients admitted to the hospitals for a long or short span of time. Hence, the food for patients needs nutritional, and hygienic and should be delivered on time in order to help them recover faster. The majority of the hospitals provide healthy & nutritious food as per the illness & requirements of the patients, and the gravity of nutrition and hygiene has increased substantially after COVID-19. Therefore, the hospital food catering service has a high demand for managing the dietary plan for the patients.
Opportunity:
Growing Air Traffic Would Accelerate the demand for Inflight Catering Services
The growing air traffic in the UAE owing to the increasing number of tourists, due to the presence of various tourist destinations like Burj Khalifa, Sheikh Zayed, the world archipelago, etc., and the rise in business travels, etc., have boosted the demand for the aircraft fleet size. Hence, to accommodate the increasing number of air passengers the airlines are expanding their fleet size which would further the demand for inflight catering services.
Key Questions Answered in the Market Research Report:
What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the UAE Catering Services Market?
What are the industry size, growth drivers, and challenges?
What are the key innovations, opportunities, current & future trends, and regulations in the UAE Catering Services Market?
Who are the key competitors, their key strengths & weaknesses, and how do they perform in the UAE Catering Services Market based on the competitive benchmarking matrix?
What are the key results derived from surveys conducted during the UAE Catering Services Market study?
Highlight the Following Key Factors:
- Business Description: a particular description of agency operations and enterprise departments.
- Company Strategy: The analyst’s precis of the company’s commercial enterprise strategy.
- SWOT Analysis: Detailed evaluation of the company’s strengths, weaknesses, opportunities, and threats.
- Company History: The development of predominant occasions associated to the company.
- Main merchandise and services: A listing of the company’s fundamental products, services, and brands.
- Main Competitors: A listing of the company’s fundamental competitors.
- Important places and subsidiaries: The company’s major places and subsidiaries’ listing and contact information.
- Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
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