Qatar Catering Services Market By Service Type (Contractual Vs. Non-Contractual), By End User (Oil & Gas, Hospitality, Healthcare, In-flight, Education, Corporates and Others (Holy Sites, Industries, Events, Railways, Defense, etc.), By Region, Competition Forecast & Opportunities, 2027
Qatar Catering Services Market is expected to reach USD1,536.62 million by 2027, at a CAGR of 8.28% during the forecast period. Qatar catering services market is mainly driven by factors such as adapting to regional food preferences, increasing industrialization, increasing tourism, and government initiatives.
Catering companies are businesses that provide food catering services to commercial, governmental, or industrial organizations. For both contractual and non-contractual periods, these companies provide food and beverages to places like schools, colleges, transportation service providers, offices, and factories. The catering services sector is driven by the aviation industry, canteens, hospitals, universities, schools, colleges, labor unions, military, and catering services for special occasions like weddings.
Due to the closure of schools, institutions, and offices, the COVID-19 lockdown has impacted the catering industry in the nation. However, it is anticipated that government initiatives to boost the construction and tourism industries will boost the market. Government initiatives that focus on building infrastructure and increasing pilgrim quotas, like Qatar National Vision 2030, are likely to present opportunities for catering service businesses to grow. The two main factors driving the growth of Qatar's catering services market over the coming years will be the NFE (North Field Expansion) Project and the FIFA 2022 World Cup in Qatar, which will further increase demand for catering and lodging services in the tourism and hospitality sector.
Taking Regional Food Preferences into Account
Menus based on regional preferences are becoming more common among caterers and food contractors. By adapting to regional preferences while maintaining their fundamental structure, many catering services and food contractors have gone global. It has become very popular to combine regional cuisines and serve several dishes under one roof.
Booming Tourism and Hospitality Sectors Driving the Market Growth
The catering services market is inextricably linked to the tourism and hospitality sectors. Since COVID-19, the Qatari government has taken several steps to improve tourism and hospitality in the country. The FIFA Football World Cup was held in Qatar in 2022, resulted in a massive increase in the demand for and use of catering services and hospitality sector. The Football World Cup event was seen by incumbents as a turning point for their operational success and global recognition. To stay competitive, incumbents are diversifying their MENUs, opening restaurants targeted at specific customers, rebranding their companies, expanding their capacity, and collaborating with foreign companies. It would be fascinating to observe how businesses present themselves when submitting applications for the tender process. This will also lead to an increase in hospitality sector thus leading to the growth of catering services in Qatar.
Increasing Oil & Gas sector will lead to Market Growth
Oil & Gas sector plays a major role in driving the catering service market of Qatar. The majority of the food for laborers in the oil & gas industry is catered through catering services on a contractual basis. Qatar is the 14th largest producer of oil in the world and has the 13th largest proven oil reserves. As a result, when compared by GDP, this Middle Eastern nation has one of the strongest economies worldwide. Oil and gas account for 85% of the nation's exports and generate 70% of government revenue. The state-owned Qatar Petroleum oversees the entire oil and gas sector in Qatar, and the majority of production occurs offshore or on the Dukhan Field, which has 605 oil wells in total. Although it had been an OPEC member for 60 years, Qatar announced in December 2018 that it was leaving the organization. The North Field East (NFE) project is an expansion of the North Field, which is located offshore of the northeastern Qatar peninsula and is the largest single non-associated natural gas field in the world. The NFE project, formerly known as the North field expansion project, aims to raise Qatar's capacity to produce liquefied natural gas (LNG) by 43%, from 77 million tonnes per year (Mtpa) to 110 Mtpa.
Market Segmentation
The Qatar Catering Services Market is segmented based on service type, end user, region and competitive landscape. Based on service type, the market is categorized into contractual vs. non-contractual. In terms of end user, the market is further fragmented into oil & gas, hospitality, healthcare, in-flight, education, corporates, others (holy sites, industries events, railways, defense, etc.). On the basis of regional analysis, the market is divided among Doha, Al Rayyan, Al Wakrah, Al Shahaniya and Rest of Qatar.
Company Profiles
Compass Catering Services W.L.L, Amwaj Catering Services Limited, Crompton Catering & Support Services Co. W.L.L, Qatar Caterers & Contractors W.L.L, ZAD Catering Services, Al Karam Al Arabi for Catering Svcs, Perfect Food Catering, YEMEK Doha Catering Services, Qatar Aircraft Catering Company and Alzaman Internatinal Catering & Trading etc. are among the major market players in Qatar Catering Services market.
Report Scope:
In this report, Qatar Catering Services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
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