Market Research Report UAE Catering Services Market,UAE Catering Companie | Page 7

August 2017 UAE Catering Services Market Outlook to 2021 Executive Summary UAE Catering Services Market Outlook to 2021- ken Research Ken Research Latest report On “ UAE Catering Services Market Outlook to 2021- Growing Airline Passengers and Enhancing Digital Technology to Foster Future Growth ” provides 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. In 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 7 © Licensed product of Ken Research; should not be copied