Market Research Reports - Ken Research Catering Services Market in Middle East | Page 3

infrastructure, transport, hotels and stadia as it prepares to host the 2022 FIFA World Cup. Rising construction activities increased the number of labour camps in Qatar. Such camps required catering services for ~ meals a day at competitive prices and standard quality of food and service. Qatar saw more than ~ million visitors in 2016 majorly during Eid celebration events and the Qatar Summer Festival. QTA’s collaboration with the Ministry of Interior and Qatar Airways has further facilitated visitors’ entry to Qatar. Over the past 5 years, growth in number of visitors averaged ~%. Also, with the recent introduction of a 96-hour free visa scheme for travelers transiting in the country, the number of tourists is consequently projected to increase. Qatar has seen rising number of health conscious people looking for light and nutritious food. People have become more aware about the need for a healthy lifestyle. In order to fulfill the needs of the customers, catering services are putting more emphasis on using organic food ingredients. Due to the changing preferences, many catering services have restructured their production process. Catering companies are now increasing focus on locally produced raw materials to ensure quality standards. There is a shortage of good quality warehouses in Qatar. Moreover, storage of food products require extra care as many factors such as temperature, humidity, pest control need to be considered Qatar Catering Services Market Future Outlook And Projections Qatar catering services market is expected to reach USD ~ million in 2021 as compared to USD ~ million in 2016 at a CAGR of ~%. This will be majorly driven by the rise in construction activities as major infrastructure projects get implemented under the Qatar Vision 2030. The country has started renovation and new projects for World Cup 2022. The country has devised plans to draw USD ~ billion of amount by 2022 for the infrastructure projects including stadiums, hotels and other transport related facilities. Tenders for such projects have been floated. Construction of these new projects will create demand for catering services at labour sites. The tourism sector is expected to reach USD ~ billion by 2025 with a target to receiving ~ million visitors by 2020. This will be supported by USD ~ billion investments under National Tourism Sector Strategy 2030. This will further create opportunities for catering services in hotels and hospitality sector. Catering services can use the experiential dining concept to gain competitive advantage by offering services such as theme food and extreme forms of design and décor. Analyst Recommendation As Qatar government has increased focus on infrastructure development in tourism, education and healthcare sector, catering services will majorly see rising demand from these end users. Catering services should keep tracking government tenders for capturing contracts for catering at remote industrial sites and mega infrastructure projects. Supply chain efficiency for catering service involves cost reduction, minimum wastage, storage and inventory management, integrating various departments in the manufacturing process and incorporating a proper