Infrastructure Development and World Cup 2022 to Foster Future Growth of Qatar Catering Services Market: Ken Research - PowerPoint PPT Presentation

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Infrastructure Development and World Cup 2022 to Foster Future Growth of Qatar Catering Services Market: Ken Research

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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. For further reading click on the link below: – PowerPoint PPT presentation

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Title: Infrastructure Development and World Cup 2022 to Foster Future Growth of Qatar Catering Services Market: Ken Research


1
Infrastructure Development and World Cup 2022 to
Foster Future Growth of Qatar Catering Services
Market Ken Research
2
The report titled Qatar Catering Services Market
Outlook to 2021 - Infrastructure Development and
World Cup 2022 to Foster Future Growth by Ken
Research suggested a robust CAGR of 6.2 in
revenue of the Qatar Catering Services market by
2021 with changing customer preferences and
infrastructure investment driving the revenues of
this market in the future.
3
The implementation of National Qatar National
Vision 2030, growing construction sector and
increasing number of schools, hospitals,
corporate offices and hotels have aided the
demand for catering services in Qatar. With a
reduction in the catering budgets of airlines and
rising competition, in-flight caterers are
offering ancillary services. Moreover, firms seek
to lower operating costs by offering a
diversified range of products to passengers.
These include process improvement in kitchens
along with continuous innovation of new
delicacies. The catering industry also saw
increasing use of technology and modern methods
of production which include online ordering apps,
vehicle tracking systems and inventory management
platform. This helped in increasing the
efficiency of various processes involved in the
catering business.
4
The infrastructure development has seen rapid
growth in the last five years under the
guidelines of Qatar National Vision 2030. The
government has allotted USD 70 billion for
infrastructure, transport, hotels and stadia as
it prepares to host the 2022 FIFA World
Cup. Qatar saw more than 2.9 million visitors in
2016 majorly during Eid celebration events and
the Qatar Summer Festival. With development of
the Qatar hospitality sector, catering services
requirement increased in hotels which more focus
on variety, healthy and nutritious food. Qatar
also holds several events at Qatar National
Theater every year which attracts a number of
tourists. Various types of events such as fine
arts, heritage arts, poetry evenings, singing
events, plays, and festivals are held every year.
The organizers hire catering services to offer
snacks to the visitors during the event.
5
Qatar also saw an increase in number of marriages
held in hotel ballrooms. Doha has 60 ballrooms, 6
private wedding venues, 4 garden, parks and clubs
and 15 wedding tents and 35 restaurants for
wedding events and 49 wedding caterers as of
2016. The customers in this segment are willing
to spend more in order to get premium service
quality. The caterers initially organize food
tasting before finalizing the menu. This helps
the caterers to understand the market
better. The Qatar education sector has seen
increasing investment in infrastructure.
Education Projects worth QAR 17 billion were
allocated in the budget 2016. The development in
education sector infrastructure has directly
influenced the demand for catering services in
school and university canteens.
6
Key Topics Covered in the Report Qatar In-Flight
Catering Services Market Qatar Wedding Catering
Industry Tourist Catering Market Qatar Catering
Business in Qatar Qatar Catering Services
Industry Catering Contracting Market
Qatar Catering Services Market in Middle
East For further reading click on the link
below https//www.kenresearch.com/food-beverage-a
nd-tobacco/food-services/qatar-catering-services-m
arket/130092-11.html
7
Related Reports by Ken Research https//www.kenres
earch.com/food-beverage-and-tobacco/food-services/
uae-catering-services-market/129798-11.html https
//www.kenresearch.com/food-beverage-and-tobacco/f
ood-services/saudi-arabia-catering-services-market
/129370-11.html Contact Ken Research Ankur
Gupta, Head Marketing Communications query_at_kenre
search.com 91-124-4230204
8
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