UAE Catering Services Market- An Ever Rising Industry

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Catering Services Market in UAE

Catering Services accommodate food for large-scale meetings, parties, conferences, and other events. Catering services have been growing exponentially due to the increase in tourism, expo trade shows and numerous events happening across UAE. According to the research conducted by MarkNtel Advisors the UAE Catering services market is projected to grow at a CAGR around 6% during the forecast period, i.e., 2022-27. The alliance between the airlines and catering services to provide better services to the customers has substantially contributed to the growth of the market.

The primary growth driver of the market is long flights which indeed increase the demand for catering services. Also, companies primarily focus on enhancing the experience of the customers, to provide services at ease has dire increased the demand of the market.

Impact of Covid 19 –

The outbreak of the Covid-19 pandemic undoubtedly affected all kinds of industries across the world. However, it has drastically affected the UAE catering services market because of the government imposing lockdown and people becoming cautious about eating food outside and their inclination towards hygiene was drastically increased.

The upliftment of the government norms has improved the market post-Covid and things picking up the pace. It will largely create a lot of opportunities for investors in the market. As the market is recovering and people are going out like never, the demand for catering services in aviation sectors, and hospitals has improved and is expected to rise during the forecast period.

Market Insights –

  • The UAE catering services market is likely to enhance during the forecast period for the aviation industry. With companies providing cheap tickets, people travelling around UAE are also picking up again. Along with it rises in the personal disposable income of the people and the willingness to spend have increased which has been the driving force for the market.
  • Along with it catering services focusing on serving meals with fresh ingredients and lesser dependence on frozen meals have increased which enhances the customer experience with more and more people availing of catering offers.
  • The increase in the UAE working population and people relying on catering services which provide healthy food options have drastically increased. This new trend will expand the market for catering services.
  • An increase in construction projects and the promotion of tourism have led to the rise of the Catering market in the UAE. With numerous new projects, the development of highways, shopping malls, and new avenues has increased during the forecast period.

Final Thoughts:

UAE as an economy is a land of opportunities. With each growing and evolving, it’s creating a lot of opportunities for the new and existing players in the market. The UAE catering services market has increased in recent times and is expected to rise in the future as well. Even catering services tailoring the needs of customers and providing customizable options have enhanced the demand for services.

As people’s income increases, the standard of living increases and the demand for such services is gradually enhanced. Thus it can be concluded that the market has a lot to offer to the customer as well as new investors who find it a progressive market. The market provides a competitive edge and provides potential opportunities to the players.

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