Market Research Reports - Ken Research Meals Delivered by Catering Companies Qatar | Página 2

infrastructure development as Qatar prepares to host World Cup 2022 which has augmented
the market for catering services.
The catering services market in Qatar has been driven by infrastructure development which has
led to increase in construction activities which in turn require catering services for labor camps.
The government has allotted USD ~ billion for infrastructure, transport, hotels and stadia as it
prepares to host the 2022 FIFA World Cup. 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. With
development of the Qatar hospitality sector, catering services requirement increased in hotels.
Qatar has seen rising number of health conscious people looking for light and nutritious food.
Due to the changing preferences, many catering services have restructured their production
process.
Competition Scenario
Qatar has ~ catering service providers as of 2016. The major players in the industry are Newrest
Gulf Catering, Qatar Aircraft Catering Company and IFS Qatar. This market has seen a rise in
competition which is being driven by growing demand and increasing use of technology and
innovation. Since major clients hire on contractual basis, these players compete to achieve
contracts for longer duration to ensure regular orders and increase profits. They offer different
menus and customization services tailored for different end users. Furthermore, they indulge in
various marketing activities to build their brand equity and reliability. Some of the activities
include email marketing personalized for specific customers, brochures, pamphlets and fliers
distributed at corporate offices, schools and hospitals and organizing tastings and open houses.
Future Outlook
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 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
hospit ality sector. In the short run, the Qatar catering services market will increase from USD ~
million to USD ~ million in 2018 at a CAGR of ~%. In the long term, the catering services market
will grow at a slightly higher rate. It is expected to increase from USD ~ million to USD ~ million
in 2021 at a CAGR of ~%.
Key Topics Covered in the Report: