Saudi Arabia Catering Services Market, By Service Type (Contractual Vs. Non-Contractual), By End User (Hospitality, Holy Sites, Onshore Rigs, Healthcare, Offshore Rigs, Education, Corporates and Others (Airlines, Industries, Commercial Sites, Others (Railways, Defense, etc.)), By Region, Competition Forecast & Opportunities, 2027F

June 2022 | 96 pages | ID: S8061A117FBBEN
TechSci Research

Abstracts

Saudi Arabia catering services market was valued at USD5.99 billion in 2021 and is expected to grow at a CAGR of 6.91% during the forecast period. The market’s growth can be attributed to several factors such as the inflating popularity of fusion cuisine on menus in Saudi Arabia on account of the developing multi-cultural society and the presence of a considerable number of ex-pats across the country. With this, the expanding working population across Saudi Arabia is further stimulating the growth for catering services market. Also, the rising construction of commercial buildings, schools, hospitals, and IT parks has augmented the expansion of catering services industry, which is expected to support the catering services market in the forthcoming years.

The tourism and hospitality industry are prominently connected to the catering services market, and the Government of Saudi Arabia has taken various steps to bolster the tourism and Hajj pilgrims in the kingdom following COVID-19. People across the country started paying greater attention to their health and inclined towards more nutritional and healthy food when the novel coronavirus affected their immune systems. The escalating demand for nutritious and healthy food in workplaces, schools, and restaurants, is encouraging the catering companies to increase their current product and service portfolio and supply nutritional dietary foods in offices, college messes, restaurants, etc.

The Saudi Arabia catering services market is segmented based on service type, end user, region, and competitive landscape. Based on service type, the market is categorized into contractual vs. non-contractual. Contractual segment dominated the market with a market share of 81.60% in 2021. Contractual catering services are projected to account for the largest revenue shares of the market and hold their dominance over the market segment owing to the escalating demand from the regular canteen, and offices. In addition to this, the emerging trends of contractual catering services also offer services in kitchen, lighting, and seating arrangements for the daily consumers thereby augmenting the growth of the market.

The key market players in the Saudi Arabia Catering Services market are Gulf Catering Company, Sodexo Middle East, Unique Catering Services Ltd., Algosaibi Services Co., Saudi Airlines Catering 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., etc.

Years Considered for this report:

• Historical Years: 2017-2020
• Base Year: 2021
• Estimated Year: 2022E
• Forecast Period: 2023F–2027F

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, end user, region and competitive 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 catering services 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 calculated the Saudi Arabia catering services market size using a bottom-up approach, where 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 used by TechSci Research.

Key Target Audience:

• Catering service provider companies/partners
• End-users
• Government bodies such as regulating authorities and policy makers
• Organizations, industry associations, 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 catering service provider companies, 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:
• Contractual
• Non-Contractual
• Saudi Arabia Catering Services Market, By End User:
• Hospitality
• Holy Sites
• Onshore Rigs
• Healthcare
• Offshore Rigs
• Education
• Corporates
• Others
• Saudi Arabia Catering Services Market, By Region:
• Northern & Central
• Western
• Southern
• Eastern

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).

Contents

1. SERVICE OVERVIEW

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. IMPACT OF COVID-19 ON SAUDI ARABIA CATERING SERVICES MARKET

5. VOICE OF CUSTOMERS

5.1. Factors Influencing Purchase Decision
5.2. Challenges/Issues Faced
5.3. Unmet Needs

6. SAUDI ARABIA CATERING SERVICES MARKET OUTLOOK, 2017-2027

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Service Type (Contractual Vs. Non-Contractual)
  6.2.2. By End User (Hospitality, Holy Sites, Onshore Rigs, Healthcare, Offshore Rigs, Education, Corporates and Others (Airlines, Industries, Commercial Sites, Railways, Defense, etc.))
  6.2.3. By Region (Northern & Central, Western, Southern, Eastern)
  6.2.4. By Company (2021)
6.3. Market Map (By Service Type, By End User, By Region)

7. SAUDI ARABIA HOSPITALITY CATERING SERVICES MARKET OUTLOOK, 2017-2027

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Service Type
  7.2.2. By Region

8. SAUDI ARABIA HOLY SITES CATERING SERVICES MARKET OUTLOOK, 2017-2027

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Service Type
  8.2.2. By Region

9. SAUDI ARABIA ONSHORE RIGS CATERING SERVICES MARKET OUTLOOK, 2017-2027

9.1. Market Share & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Service Type
  9.2.2. By Region

10. SAUDI ARABIA HEALTHCARE CATERING SERVICES MARKET OUTLOOK, 2017-2027

10.1. Market Size & Forecast
  10.1.1. By Value
10.2. Market Share & Forecast
  10.2.1. By Service Type
  10.2.2. By Region

11. SAUDI ARABIA OFFSHORE RIGS CATERING SERVICES MARKET OUTLOOK, 2017-2027

11.1. Market Size & Forecast
  11.1.1. By Value
11.2. Market Share & Forecast
  11.2.1. By Service Type
  11.2.2. By Region

12. SAUDI ARABIA EDUCATION CATERING SERVICES MARKET OUTLOOK, 2017-2027

12.1. Market Size & Forecast
  12.1.1. By Value
12.2. Market Share & Forecast
  12.2.1. By Service Type
  12.2.2. By Region

13. SAUDI ARABIA CORPORATES CATERING SERVICES MARKET OUTLOOK, 2017-2027

13.1. Market Size & Forecast
  13.1.1. By Value
13.2. Market Share & Forecast
  13.2.1. By Service Type
  13.2.2. By Region

14. MARKET DYNAMICS

14.1. Drivers
14.2. Challenges

15. MARKET TRENDS AND DEVELOPMENTS

16. POLICY AND REGULATORY LANDSCAPE

17. SUPPLY CHAIN ANALYSIS

18. SAUDI ARABIA ECONOMIC PROFILE

19. COMPETITIVE LANDSCAPE

19.1. Gulf Catering Company
19.2. Sodexo Middle East
19.3. Unique Catering Services Ltd.
19.4. Algosaibi Services Co.
19.5. Saudi Airlines Catering Company
19.6. Gulf Mahmal Support Services Co. Ltd.
19.7. Al-Karam Al-Arabi for Catering Services Ltd.
19.8. Rezayat Catering & Support Services
19.9. Almays Catering Solutions
19.10. Arabian Gannas Ltd. Co.
19.11. Saudi Catering and Contracting Co.

20. STRATEGIC RECOMMENDATIONS

21. ABOUT US & DISCLAIMER

List Of Tables

LIST OF TABLES

Table 1: Statistics of Tourist Trips in Saudi Arabia, (In Thousands), 2015-2019
Table 2: Major Projects for Hospitals in Saudi Arabia, 2021

List Of Figures

LIST OF FIGURES

Figure 1: Saudi Arabia Catering Services Market Size, By Value (USD Billion), 2017-2027F
Figure 2: Saudi Arabia Catering Services Market Share, By Service Type, By Value, 2017-2027F
Figure 3: Saudi Arabia Catering Services Market Share, By End User, By Value, 2017-2027F
Figure 4: Saudi Arabia Catering Services Market Share, By Region, By Value, 2017-2027F
Figure 5: Saudi Arabia Catering Services Market Share, By Company, By Value, 2021
Figure 6: Saudi Arabia Catering Services Market Map, By Service Type, Market Size (USD Billion) & Growth Rate (%), 2021
Figure 7: Saudi Arabia Catering Services Market Map, By End User, Market Size (USD Billion) & Growth Rate (%), 2021
Figure 8: Saudi Arabia Catering Services Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2021
Figure 9: Saudi Arabia Hospitality Catering Services Market Size, By Value (USD Billion), 2017-2027F
Figure 10: Saudi Arabia Hospitality Catering Services Market Share, By Service Type, By Value, 2017-2027F
Figure 11: Saudi Arabia Hospitality Catering Services Market Share, By Region, By Value, 2017-2027F
Figure 12: Saudi Arabia Holy Sites Catering Services Market Size, By Value (USD Billion), 2017-2027F
Figure 13: Saudi Arabia Gross Domestic Product (GDP) (In USD Billion), 2016-2020
Figure 14: Saudi Arabia Holy Sites Catering Services Market Share, By Service Type, By Value, 2017-2027F
Figure 15: Saudi Arabia Holy Sites Catering Services Market Share, By Region, By Value, 2017-2027F
Figure 16: Saudi Arabia Onshore Rigs Catering Services Market Size, By Value (USD Billion), 2017-2027F
Figure 17: Contribution of Industry Sector (Including Construction) in Saudi Arabia (% of GDP), 2016-2020
Figure 18: Saudi Arabia Onshore Rigs Catering Services Market Share, By Service Type, By Value, 2017-2027F
Figure 19: Saudi Arabia Onshore Rigs Catering Services Market Share, By Region, By Value, 2017-2027F
Figure 20: Saudi Arabia Healthcare Catering Services Market Size, By Value (USD Billion), 2017-2027F
Figure 21: Saudi Arabia Healthcare Catering Services Market Share, By Service Type, By Value, 2017-2027F
Figure 22: Saudi Arabia Healthcare Catering Services Market Share, By Region, By Value, 2017-2027F
Figure 23: Saudi Arabia Offshore Rigs Catering Services Market Size, By Value (USD Billion), 2017-2027F
Figure 24: Saudi Arabia Gross Domestic Product Per Capita (Current USD), In USD Thousand, 2016-2020
Figure 25: Saudi Arabia Offshore Rigs Catering Services Market Share, By Service Type, By Value, 2017-2027F
Figure 26: Saudi Arabia Offshore Rigs Catering Services Market Share, By Region, By Value, 2017-2027F
Figure 27: Saudi Arabia Education Catering Services Market Size, By Value (USD Billion), 2017-2027F
Figure 28: Saudi Arabia Urban Population (In Million), 2016-2020
Figure 29: Saudi Arabia Education Catering Services Market Share, By Service Type, By Value, 2017-2027F
Figure 30: Saudi Arabia Education Catering Services Market Share, By Region, By Value, 2017-2027F
Figure 31: Saudi Arabia Corporates Catering Services Market Size, By Value (USD Billion), 2017-2027F
Figure 32: Saudi Arabia Labor Force (In Millions), 2016-2021
Figure 33: Saudi Arabia Corporates Catering Services Market Share, By Service Type, By Value, 2017-2027F
Figure 34: Saudi Arabia Corporates Catering Services Market Share, By Region, By Value, 2017-2027F