Thailand Catering Market is expected to Reach around USD 4.8 Billion by 2022: Ken Research

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Thailand Catering Market is expected to Reach
around USD 4.8 Billion by 2022 Ken Research
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Thailand Catering Market by type (5 Star Hotels,
4 star Hotels, 3 Star Hotels, Wedding Halls,
In-flight, Education, Healthcare and Others),
Company Profile of Major Pure Play Caterers in
Thailand Catering Market (I do Catering, Epicure,
Gourmet Catering, White Café Catering, Mongkol
Catering and others), Major Hotels
(Intercontinental, Pullman, Lebua, Milennium
Hilton, Marriott, So Sofitel others), Major
Wedding Halls (Impact Wedding Hall, Vivace
Wedding Hall and others)
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• Growing hospitality sector of the country will
  provide major boost to the catering industry with
  multiple hotel projects in the pipeline.
• With growing number of tourist arrivals, the
  in-flight catering sector will receive major
  boost over the coming years.
• The continuously increasing investments in the
  hotel industry are expected to generate more
  revenues for the caterers, owing to the expansion
  of event spaces within the premises for hosting
  wedding ceremonies and corporate functions.
  During 2018, Thailand will be hosting some
  significant food and beverages events including
  World of Food Service Expo, Chiang Mai Flower
  Festival, Phuket Boat Show, Phuket RendezVous
  (PRV), Thailand Bakery and Ice Cream Fair (Bakery
  and Ice Cream Show), Dairy Focus Asia, and
  Thailand Retail Food Hospitality Services
  (TRAFS). Such events are anticipated to raise the
  demand for caterers in the space, having a
  positive impact

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on the overall catering market in Thailand during
the outlook period. As per the analysis of the
tourism industry, Thailand is expected to witness
over 40 million international visitors by 2020,
thus resulting in the expansion of in-flight and
hospitality catering companies. Analysts at Ken
Research in their latest publication Thailand
Catering Market by Type (5 Star Hotels, 4 Star
Hotels, 3 Star Hotels, Wedding Halls, Inflight,
Education, Healthcare, and Others) Outlook to
2022 mentioned that Thailand catering market is
at mid-growth stage and has grown at a robust
CAGR of over 12 in last 5 years. Catering market
in Thailand has surged owing to the growing
numbers of international visitors, domestic
travelers, wedding ceremonies in the country and
the inclining numbers of meetings, incentives,
conferences and exhibitions (MICE) events being
hosted in various event halls across various
regions.
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• It is recommended for hospitality caterers to
  rely on food service importers because they
  specialize in providing high quality U.S.
  products. Entrants can import French fries, beef,
  salmon, lamb, sauces and seasonings, cheese,
  fresh fruits vegetables, seafood, turkey, and a
  variety of beverages from the U.S. through a
  channel of distributing agents. Importing US
  products can be beneficial as most of the
  established players in the market earn greater
  profits due to lower cost of production by using
  imported raw materials.
• Thailand catering market is expected to register
  positive CAGR of around 20 during the period
  2017-2022. Growing MICE industry, rising number
  of weddings and inclining tourist arrivals will
  have positive impact on the market.
• Key Topics Covered in the Report
• Hospitality Industry Revenue Thailand
• Wedding Planners in Thailand

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• Major Inflight Caterers Thailand
• Hotel Catering Market Thailand
• Number of Caterers Thailand
• Thailand Catering Market
• Number of Hotels Thailand
• Catering Revenue Thailand
• Catering Market Thailand
• Catering business in Thailand
• Hotel Catering Revenue Thailand
• Thailand Catering Industry Revenue
• School Catering Market Thailand
• Future Growth Thailand Catering Industry
• Future Revenue Catering Phuket
• Hospital Catering Market Thailand
• Inflight Catering Revenue Thailand
• Thailand Catering Market Research Report

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For more information on the research report,
refer to below link https//www.kenresearch.com/
food-beverage-and-tobacco/food-services/thailand-c
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Contact Ken Research Ankur Gupta, Head
Marketing Communications sales_at_kenresearch.com
91-124-4230204