Report

Saudi Arabia catering services market is projected to grow at a significant CAGR during the forecast period. The growth can be attributed to the growing demand for healthier food and the rapidly rising demand for catering services in commercial spaces. Several corporate offices are focusing on offering tempting food perks to attract and retain employees, which is driving the growth of Saudi Arabia catering services market. Food service providers are including healthy eating options such as organic foods, a balanced vegan diet, healthy snacks, etc., to cater to the growing health-conscious population in the country. Besides, the increasing level of stress and health issues among the general workforce has increased the demand for onsite dining services with a healthy and fresh menu, which is expected to drive the growth of the Saudi Arabia catering services market in the upcoming years. Rising concerns for food safety have led to strict and tighter norms and regulations for monitoring the quality and standards of food being served, driving the demand for outsourcing catering services, boosting the growth of Saudi Arabia catering services market. The high presence of specialized services providers in the organized sector that offers a wide variety of cuisines and holistic dining experiences are also contributing to the growth of the Saudi Arabia catering services market. The rising penetration of mobile-based payment solutions provides customers the convenience of making payments through online wallets that reduce the time taken for payments at the counter is driving the growth of Saudi Arabia catering services market.
The Saudi Arabia catering services market is segmented by service type, type, end user, regional distribution, and competitional landscape. Based on service type, the market is further divided into contractual and non-contractual. Contractual catering services are expected to dominate the Saudi Arabia catering services market on account of the growing demand for food in canteens and corporate offices. Contractual food service providers provide seating arrangements for daily consumers and provide food at affordable prices, offering better schemes and programs, eliminating the need for outsourcing various necessities. The growing number of events such as weddings and buffet systems in hotels is further expected to propel the Saudi Arabia catering services market.
Gulf Mahmal Support Services Company, Unique Catering Services Ltd, Almays Catering Solutions, Saudi Airlines Catering Company, Saudi Zoom Catering Company Ltd, ChefJee Catering Company, Algosaibi Services Co., Food House Catering, Saudia Catering, Al Dana Modern Services Center, Gulf Catering Company, Al-Karam Al-Arabi for Catering Services Limited, Atyab Gulf Catering Services, Saudi Catering & Contracting Co., Arabian Gannas Catering Co. Ltd., etc. are some of the major players operating in the Saudi Arabia catering services market. Enhanced focus on improving services and inclusion of global cuisines are the key strategies by companies in the Saudi Arabia catering services market.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023�2027
Objective of the Study:
� To analyze the historical growth in the market size of Saudi Arabia catering services market from 2017 to 2021.
� To estimate and forecast the market size of Saudi Arabia catering services market from 2022E to 2027F and growth rate until 2027F.
� To classify and forecast Saudi Arabia catering services market based on service type, type, end user, regional distribution, and competitional landscape.
� To identify dominant region or segment in the Saudi Arabia catering services market.
� To identify drivers and challenges for Saudi Arabia catering services market.
� To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in Saudi Arabia catering services market.
� To identify and analyze the profile of leading players operating in Saudi Arabia catering services market.
� To identify key sustainable strategies adopted by market players in Saudi Arabia catering services market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of Saudi Arabia catering services market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
� Catering services providers, end users, and other stakeholders
� Vendors and service providers and other stakeholders
� Organizations, forums, and alliances related to catering services
� Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Saudi Arabia catering services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
� Saudi Arabia Catering services Market, By Service Type:
o Contractual
o Non-Contractual
� Saudi Arabia Catering services Market, By Type:
o Wedding Catering
o Corporate Catering
o Restaurant Catering
o Food-Truck Catering
o Canteen Catering
o Others
� Saudi Arabia Catering services Market, By End User:
o Commercial
o Industrial
o Hospitality
o Healthcare
o In-Flight
o Others
� Saudi Arabia Catering services Market, By Region:
o Northern & Central
o Southern
o Eastern
o Western
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia catering services market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company�s specific needs. The following customization options are available for the report:
Company Information
� Detailed analysis and profiling of additional market players (up to five).