Qatar Retail Restaurant Industry is expected to cross QAR 8,900 Mn by 2025: Ken Research
GURUGRAM, India, May 4, 2021 /PRNewswire/ --
- Recent and upcoming malls in Qatar, such as Mall of Qatar, Tawar Mall, Al Hazm Mall are likely to expand options for Retail Restaurant outlets in the country.
- The Qatari Government is undertaking numerous initiatives under Qatar National Vision 2030 to encourage its local companies to expand into regional and international markets.
- Due to COVID, Online Food Delivery services and concept of Cloud Kitchen is getting extremely Popular in Qatar and is expected to flourish in next 5-10 years
FIFA World Cup 2022: The hosting of FIFA World Cup in Qatar is expected to provide humongous one-time boost to the Retail Restaurant Industry of the country in 2022. More than 3Mn expected Tourists, Spectators and more has prompted many Restaurant Chains to undertake several marketing strategies such as world cup special menus, live screening of the games, etc. as well as partnership strategies such as mergers and acquisitions, collaborations with Tourist Agencies, Food Aggregators, etc. to tap in the full potential of this one time opportunity. Moreover, Construction projects in the country such as development of New Stadiums (Education City Stadium, Khalifa International Stadium and more) or Metro stations will provide great expansion opportunities to QSRs or Cafes.
Increasing prevalence of Cloud Kitchens: COVID has prompted many Restaurant Chains in Qatar to move towards the relatively new concept of Cloud kitchens in the country to minimize cost, maximize Restaurant reach and streamline their delivery process to maintain current customers especially during the times of adverse situations.
New Opportunities for opening of Restaurants: Future growth of this industry will be highly dependent on the growth of the hospitality and leisure sector in Qatar. Based on the recent benchmarks of population demographics and Retail Restaurant outlets across various geographical locations in Qatar, several opportunities exist for setting up of new Fine dining, Casual Dining, QSRs, Cafes or Desert parlors in areas like Muaither, Al Aziziyah and Al Waab, Salwa Road and more due to reasons such as low outlet density per 1000 people, future development prospects in the form of Residential and commercial complexes, etc. in these areas.
The report titled "Qatar Retail Restaurant Industry Outlook to 2025- Hosting of FiFA 2022 Worldcup is Anticipated to Drive Number of Domestic and International Visitors" by Ken Research suggested that the Retail Restaurant Industry of Qatar is expected to grow in the near future due to heavy tourist influx owing to upcoming sports events (FIFA World Cup 2022) in the country. Moreover, initiatives taken by Government under Qatar National Vision 2030 including construction of planned communities, development of new malls and hotels will also play major role in the industry's future growth. The Industry is expected to register a positive five year CAGR in terms of revenue during the forecast period 2020-2025F.
Key Segmentations Covered in Qatar Retail Restaurant Industry
- By Type of Outlet (Revenue and Number of Outlets)
- Casual Dining Outlets
- Fine Dining Outlets
- QSRs/Burger Chains
- Cafes/Cafeterias
- Desert Parlors and Beverages
- By Business Model (Number of Outlets)
- Franchised Outlet
- Casual Dining Outlet
- Fine Dining Outlet
- QSRs/Burger Chain
- Cafes/Cafeterias
- Desert Parlors and Beverages
- Non- Franchised Outlet
- Casual Dining Outlets
- Fine Dining Outlets
- QSRs/Burger Chains
- Cafes/Cafeterias
- Desert Parlors and Beverages
- By Geographical Locations (Revenue and Number of Outlets)
- Al Gharafa
- Dafna and West Bay
- Al Wakrah and Barwa Village
- Al Aziziyah and Al Waab
- Abu Hamour, Mesaimeer and Ain Khalid
- Muaither
- Pearl Qatar
- Al Sadd and Al Nasr
- Others
Key Target Audience:
- Restaurant Chains
- Food Aggregators
- Catering Companies
- Hotel Chains
- Potential Market Entrants
- Real Estate Companies
Time Period Captured in the Report:
- Historical Period – 2014-2020
- Forecast Period – 2020-2025F
Companies Mentioned:
- Casual Dining Outlets-
- Asha's
- Biella
- The Noodle House
- The Cheesecake Factory
- Yasmine Palace
- Caravan Bukhara
- Burj Al Hamam
- Melenzane
- Layali
- Neo
- L'wzaar Sea Food
- PF Chang's
- Vapiano
- Fine Dining Outlets-
- La Mar
- La Spiga
- Hakkasan
- Isaan
- Nusr-Et
- Market by Jean Georges
- Cafes-
- CAF
- Starbucks
- Volume Cafe
- Café Vergnano
- Rosemary Cafe
- Coffee Beans and Tea leaf
- Caribou Café
- QSRs/Burger Chains-
- Subah W Masa
- Zaatar W Zeit
- Elevation Burger
- Fat Burger
- McDonalds
- KFC
- Sandwich Factory
- Five Guys
- Hotel Chains
- W Hotel
- Intercontinental Doha
- Wyndham Grand Regency Doha
- Double Tree by Hilton
- Ritz-Carlton Doha
Key Topics Covered in the Report
- Qatar Retail Restaurant Industry Market Size by Revenues and Number of Outlets.
- Qatar Retail Restaurant Industry Market Segmentation by Location- Revenues (Standalone Restaurant and Hotel Based Restaurant)
- Market Segmentation By type of Outlet (Casual Dining, Fine Dining, QSRs, Cafes/Cafeterias, Desert Parlours and Beverages)
- Market Segmentation by Business Model (Franchised Outlets, Non- Franchised Outlets)
- Market Segmentation by Geographical Location
- Regional Concentration of Different types of Retail Restaurant in Qatar
- Challenges faced by Qatar Restaurant Industry
- COVID Impact on Qatar Restaurant Industry
- Cross Comparison of Major Players basis Operational Parameters
- Cross Comparison of Major Players basis Business Parameters
- Cross Comparison of Major Players based on Operational Ratios
- Operating Model of a Casual Dining Restaurant
- Analyst Recommendations
- Qatar Retail Restaurant Industry
- Qatar Food & Beverage Industry
- Qatar Fine Dining Outlets
- Qatar Casual Dining Outlets
- Qatar National Vision 2030
- Qatar New Mall Constructions
- Qatar FIFA World Cup 2022
- Qatar Population Demographics
- Qatar average disposable income
- Qatar per capita expenditure level
- Qatar Tourism Statistics
- Qatar Restaurant Industry COVID Impact
- COVID Impact Food & Beverage Industry Qatar
- Cloud Kitchens Qatar
- Restaurant Services offered Qatar
- Popular cuisines Qatar
- Food Aggregators Qatar
- FIFA Marketing Strategies
- Qatar Restaurant Industry Potential Risks
- Restaurants Cost-Cutting Strategies
- Qatar Restaurant Promotion Techniques
- Restaurant Market Strategies
- Restaurant Customer Journey
For more information on the research report, refer to below link:
Qatar Retail Restaurant Industry Outlook to 2025
Related Reports
The high ex-pat population coupled with a boom in construction activities has resulted in an uptake of catering services led by industrial (construction) camps over the last 5 years. The trend witnessed upheavals owing to the downturn caused by COVID-19 but is expected to re-gain pre-COVID-19 levels by Q2 2021. Furthermore, the FIFA Football World Cup 2022 is being organized in Qatar, leading to a massive spike and increased adoption of catering services.
This report will help the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for Jordan catering companies, airline caterers, hotels, industrial caterers, government entities, and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
The report covers aspects such as the market size of the UAE Catering Services, market segmentation on the basis of the type of contract, length of contract and major end-users of UAE Catering Services Market. The report also covers the competitive landscape, government regulations, customer preferences, and value chain analysis.
The report covers aspects such as the market size of the Saudi Arabia Catering Services, market segmentation on the basis of type of contract and by major end users (Industrial/Construction, Hospitality, Education, Corporate, Flight, Healthcare and others). The report also covers the competitive landscape, government regulations, customer preferences, and value chain analysis.
The report is useful for investors, packaged food manufacturers, food ingredient supplier, potential entrants, food retailers and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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