Markntel Advisors has recently released a research report on the GCC Catering Services market. The research is an in-depth study of the industry with an unbiased, steady, and special focus on the analysis of market trends. With the aim to provide the stakeholders with an overview of the market, the report is made in a precisely descriptive manner, with a format to provide the reader with a maximum understanding of the industry and showcasing relevant data.

The Highlights of the GCC Catering Services Report

Market Insights and Dynamics:

According to GCC Catering Services Research Report, “The market is projected to grow at a CAGR of around 8.2% during the forecast period, i.e., 2023-28. In fact, the industry is likely to witness a substantial rise owing to the acceleration in the growth of Air Traffic that will unquestionably lead the inflight catering services to get going rapidly. Apart from this, the GCC region is experiencing significant growth prospects in the medical sector to suffice food for patients, which requires healthy and hygienic foods, ensuring timely delivery to recover faster.

Moreover, in recent years, many companies have started offering food perks to their employees to keep them happy and loyal. To keep up with the demand, food service providers are now including healthier options like organic ingredients, snacks, meals, and balanced vegan diets. This trend has increased the availability and usage of catering services across the GCC.”

Analysis of Competitors: The market players covered in this research report are ADNH Compass Middle East LLC, Abela & Co. LLC, Al Athnain Catering Co. LLC, Emirates Flight Catering Company L.L.C., Gulf Catering Company, Integral Food Services WLL, National Catering Services and Foodstuff, Qatar Aircraft Catering Company, Qatar Star Services LLC, Royal Catering Services L.L.C, Saudi Airlines Catering Company, Saudi Catering & Contracting Company, Seven Leisure, and United Catering.

Contractual Catering Services to Portray a Lead Role in the Market's Acceleration

The Catering Services Market across GCC is broadly segmented as,

By Type

  • Contractual
  • Non-contractual

By End Users

  • Corporate
  • Education
  • Healthcare
  • Defense & Offshore
  • Mining & EPC
  • Sports & Leisure
  • Event Management
  • Others (Retail, Manufacturing, Aviation, etc.)

By Model

  • Client Pay B2B
  • Consumer Pay/Retail/B2C

By Country

  • Saudi Arabia
  • The UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman

Among the Types, Contractual Catering Services have been growing due to the increasing demand for food in canteens and corporate offices. These food service providers offer affordable options with sufficient seating arrangements to ensure consumer comfort. They also provide attractive deals and programs to eliminate the need to outsource additional facilities, contributing to the market's growth. Additionally, the catering services market is further driven by frequent events such as weddings and buffet systems in hotels across GCC, cites Markntel Advisors in its research report.

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