The Saudi Arabia Catering Services Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.
How Big is the Saudi Arabia Catering Services Industry?
The Saudi Arabia Catering Services Market size was valued at around USD4.88 billion in 2022, looking forward it is expected to rise at a CAGR of around 7% during the forecast period 2023-2028.
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Saudi Arabia Catering Services Market Growth Driver:
Frequent Occurrence of Mega Events Within the Kingdom – The evolution of the industry’s offering is based on the shift in demand, the creation of exciting mega-events and entertainment, and the establishment of the kingdom as a leading global business, entertainment, sports, and tourism destination. With the rising construction of corporate buildings, small and medium enterprises have been facilitating VIP dining services for small exclusive gatherings as well as high-profile celebrations, resulting in a significant demand for catering services in Saudi Arabia. Furthermore, the kingdom hosting various international seminars, conferences, etc., related to different educational or industrial backgrounds has reinforced the need for such services. For instance,
- Recently, on March 8, 2023, Saudi Arabia witnessed the first-ever Hospitality 3.0 conference, hosted by Caterer Middle East and Hotelier Middle East. The conference seemed to emerge as an opportunity for the prominent market players as it perfectly encompassed expert insights, predictions, and advice from decision-makers across the kingdom’s hospitality and F&B industries.
Competitor Breakdown: Top Saudi Arabia Catering Services Companies 2023-2028
- Gulf Catering Company
- Tamimi Global Company Ltd.
- Saudi Catering & Contracting
- Algosaibi Services
- Nesma Catering
- Saudi Airlines Catering
- Al-Suwaiket Catering
- Al-Suwaidi Services
Note: Additional or any 5 specific company in the Market can be added to the list without any Extra cost.
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Geographical Analysis:
West, East, South, Central, North.
- Share of each Geographical segment in the Market
- Potential growth opportunities in the Geographically
- The growth rate of the Geographical in the Industry
Breaking Down the Saudi Arabia Catering Services Market Segmentation:
By Type
- Contractual
- Non-Contractual
By End User
- Business & Industry
- Education
- Healthcare
- Defense and Offshore
- Mining & EPC
- Sports & Leisure
- Others
By Model
- Client Pay B2B
- Consumer pays/retail
- B2C
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