Press Release

Saudi Arabia Catering Services Market to Grow with a CAGR of 8.49% through 2028

Rising infrastructural activities and expansion of tourism industry are driving Saudi Arabia Catering Services Market in the forecast period 2024-2028.

According to TechSci Research report, “Saudi Arabia Catering Services Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Saudi Arabia Catering Services Market stood at USD 6.45 Billion in 2022 and is anticipated to grow with a CAGR of 8.49% in the forecast period, 2024-2028. The Saudi Arabia catering services market is a dynamic and rapidly evolving industry that plays a crucial role in meeting the diverse culinary demands of the country's population and its expanding hospitality sector. Several key factors contribute to the market's growth and development, making it an exciting and competitive space.

One of the primary drivers of the Saudi Arabia catering services market is the nation's ambitious economic diversification efforts, as outlined in Vision 2030. This strategic roadmap aims to reduce the country's reliance on oil revenues and boost non-oil sectors like tourism and hospitality. As Saudi Arabia opens up to international tourists and investors, there is a surging demand for catering services to support various events, from business conferences and exhibitions to cultural festivals and sporting events. This diversification creates numerous opportunities for catering companies to showcase their culinary expertise to a global clientele.

Browse over 34 market data Figures spread through 100 Pages and an in-depth TOC on "Saudi Arabia Catering Services Market

The tourism boom in Saudi Arabia further fuels the demand for catering services. The introduction of tourist visas, development of tourism destinations like NEOM and the Red Sea Project, and the hosting of international events and conferences draw travelers from around the world. These visitors seek diverse culinary experiences, prompting catering companies to provide not only traditional Saudi dishes but also international cuisines, catering to a broad spectrum of tastes.

Consumer preferences in Saudi Arabia have shifted significantly in recent years. Exposed to global culinary trends through media and travel, modern consumers seek convenience, variety, and quality in their dining experiences, whether at home, in the office, or at events. This has led to a surge in demand for catering services offering diverse and innovative menus.

Health-conscious dining has also gained prominence in the kingdom. Consumers are increasingly concerned about the nutritional value of their meals, leading to a demand for healthier menu options. Catering companies are responding by providing a wide range of choices, including vegetarian, vegan, and gluten-free options, while also focusing on transparency in ingredient sourcing and preparation methods to ensure the quality and freshness of their food.

Technology plays a pivotal role in shaping the Saudi Arabia catering services market. The adoption of digital platforms for ordering and delivery has streamlined operations and improved the customer experience. Mobile apps and online ordering platforms make it easier for consumers to access catering services, browse menus, place orders, and provide feedback.

Moreover, technology has enabled catering companies to optimize their supply chain, enhance inventory management, and improve food safety and quality control. Innovations like kitchen automation, temperature monitoring systems, and food tracking software are essential tools for ensuring efficient and safe food production and delivery. Virtual catering services have also gained prominence, allowing consumers to enjoy restaurant-quality meals in the comfort of their homes during virtual events and meetings.

In conclusion, the Saudi Arabia catering services market is a vibrant and evolving sector, driven by economic diversification, expanding tourism, changing consumer preferences, technological advancements, and sustainability initiatives. Catering companies that can adapt to these drivers and provide high-quality, diverse, and technologically advanced services are well-positioned to thrive in this dynamic market. As the country continues to diversify its economy and attract a global audience, the catering industry is poised for further expansion and innovation.

The Saudi Arabia Catering Services Market is segmented into service type, end user regional distribution, and company.

Based on service type the market is segmented into contractual and non-contractual.

The Saudi Arabia catering services market is experiencing a notable increase in the demand for contractual catering services. This trend is largely fuelled by businesses and institutions seeking long-term catering solutions. By entering contracts with catering companies, these entities secure a consistent and reliable source of high-quality food, essential for employee satisfaction and operational efficiency. Contractual catering services also offer the added benefit of tailored menus, flexible service options, and adherence to specific dietary requirements, making them an appealing choice for organizations across various sectors.

Based on end user the market is segmented into hospitality, holy sites, onshore rigs, healthcare, offshore rigs, education, corporate and others (airlines, industries, commercial sites, railways, defense, etc.

Based on region the market is segmented into four regions, Northern & Central, Western, Southern, Eastern.

Major companies operating in Saudi Arabia Catering Services Market are:

  • Gulf Catering Company
  • Saudi Airlines Catering Company
  • Sodexo FZE
  • Unique Catering Services Ltd.
  • Algosaibi Services Company
  • Gulf Mahmal Support Services Co. Ltd.
  • Al-Karam Al-Arabi for Catering Services Ltd.
  • Rezayat Catering & Support Services
  • Almays Catering Solutions
  • Arabian Gannas Ltd. Co.
  • Saudi Catering and Contracting Co.

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“Booming tourism industry is a significant trend that is expected to have an impact on growth over the forecasted period. Growing preference for multi-cuisine, increasing working population and rising infrastructural activities will positively impact the Saudi Arabia Catering Services Market. Due to the availability of multicuisine food to meet specific needs of, as well as the growing popularity of contractual catering, the market is growing at impressive rate through projected period,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Saudi Arabia Catering Services Market By Service Type (Contractual, Non-Contractual), By End User (Hospitality, Holy Sites, Onshore Rigs, Healthcare, Offshore Rigs, Education, Corporate, Others (Airlines, Industries, Commercial Sites, Railways, Defense, etc.)), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Saudi Arabia Catering Services Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Catering Services Market.

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