MarkNtel Advisors analyses the growth rate of the Saudi Arabia Catering Services market in the forecast period from 2025 to 2030. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the Saudi Arabia Catering Services market, helping them make informed decisions.
Market Outlook – 2025-2030:
The Saudi Arabia Catering Services Market size is valued at USD 3,560.62 million in 2024 and projected to reach USD 5,261.08 million in 2030 and it is estimated to grow at a CAGR of around 8.12% during the forecast period, i.e., 2025-30. The market is primarily driven by the increasing demand for catering services at events and social gatherings, hospitals, corporate offices, and educational institutions, among others. Other than this, the kingdom being the oil and gas giant, has witnessed higher demand of caterers for oil rigs to offer enough and on time food for offshore platforms. Over the years, the cities have been dotted with A’la carte restaurant and food trucks that is expected to bode well for the industry in the long run.
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Key Company Profiles
This report explores recent significant developments in the Saudi Arabia Catering Services Market, focusing on the leading companies and their innovative profiles. The major players in the Saudi Arabia Catering Services Market, featured in this report, include:
- Gulf Catering Company
- Algosaibi Services
- Saudi Catering Contracting
- Nesma United Industries
- Cartion(Saudi Airlines Catering Company, SAAC)
- Al Suwaidi Holding Co.
- Unique Company Limited
- Tamimi Global Co. Ltd. (TAFGA)
- Financial Detail
- Al-Karam Al-Arabi for Catering Services Limited
- Zamil Operations and Maintenance
- Others
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Market Segmentation Coverage
This research report by MarkNtel Advisors categorizes the Saudi Arabia Catering Services Market to forecast revenues and analyse trends across each of the following sub-markets:
- By Type
- Contractual- Market Size Forecast 2020-2030F, (USD Million)
- Non-Contractual- Market Size Forecast 2020-2030F, (USD Million)
Saudi Arabia Catering Services Market is led by the Contractual segment holding a substantial share of the market.
- By End User
- Corporate- Market Size Forecast 2020-2030F, (USD Million)
- Educational Institutes- Market Size Forecast 2020-2030F, (USD Million)
- In-Flight- Market Size Forecast 2020-2030F, (USD Million)
- Healthcare- Market Size Forecast 2020-2030F, (USD Million)
- Defense and Offshore- Market Size Forecast 2020-2030F, (USD Million)
- Mining EPC- Market Size Forecast 2020-2030F, (USD Million)
- Sports Leisure- Market Size Forecast 2020-2030F, (USD Million)
- Others- Market Size Forecast 2020-2030F, (USD Million)
- By Model
- Client Pay B2B- Market Size Forecast 2020-2030F, (USD Million)
- Consumer pays/retail- Market Size Forecast 2020-2030F, (USD Million)
- B2C- Market Size Forecast 2020-2030F, (USD Million)
- By Region
- West
- East
- South
- Central
Saudi Arabia Catering Services Market Key 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 FB industries.
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Key Questions Addressed:
- Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
- Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
- Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
- Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
- Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
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