Sweet Culinary Institute Market in Riyadh, Jeddah & Dammam to Boom at 29.9% CAGR by Ken Research

GURUGRAM, India, Feb. 8, 2024 /PRNewswire/ -- The Sweet Culinary Institute market in Riyadh, Jeddah, and Dammam is poised for significant growth, driven by a confluence of factors. Ken Research anticipates the market to surge from SAR 32.1 million in 2022 to SAR 118.7 million by 2028, reflecting a robust CAGR of 29.9%. Let's delve into the key trends fueling this exciting expansion. 

A Sweet Recipe for Success: 

• Government Initiatives: Saudi Vision 2030's focus on vocational training and diversifying the economy is driving investments in culinary education. Initiatives like the Culinary Arts Commission further boost market growth. 
• Increased Culinary Tourism: Saudi Arabia's tourism sector is flourishing, creating demand for skilled professionals in the culinary field. Culinary institutes play a crucial role in upskilling aspiring chefs and bakers. 
• Global Collaboration: Partnerships with renowned international institutions like Le Cordon Bleu are enhancing program quality and exposing students to diverse culinary trends and techniques. 

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Market Segmentation: A Diverse Palette of Offerings 

• By Program Type: Course/Awards dominate the market (56%), followed by Diplomas and Workshops. This trend reflects a preference for shorter, specialized skill-building programs. 
• By Delivery Mode: Offline learning reigns supreme (83%), offering hands-on practical experience. Hybrid and online options are gaining traction, catering to diverse learning styles and schedules. 
• By Region: Riyadh leads the pack (47%), followed by Jeddah and Dammam. The capital city's larger population and business hub status contribute to its market dominance. 

Competitive Landscape: Baking a Brighter Future 

• Emerging Demand for Diplomas: Growing interest in comprehensive training indicates potential for increased diploma programs. 
• Short-Term Courses Gain Traction: Demand for commitment-free skill development suggests opportunities for expanding short-course offerings. 
• Bridging the International Gap: Saudi institutes need to enhance features like faculty diversity, technology integration, and global exposure to match their European counterparts. 
• Overcoming Cultural Barriers: Addressing societal biases against culinary professions can attract wider participation and talent. 

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Recent Developments: Sweetening the Future 

• Collaborations like Le Cordon Bleu's new institute in Riyadh and Sommet Education's partnership with FHM showcase continued international engagement. 
• ZADK Culinary Institute's partnership with Culinary Arts Academy Switzerland highlights the focus on advanced program development. 
• HTMi Saudi Arabia's dual certificates with Eurhodip and UNWTO demonstrate efforts to enhance international recognition. 

Future Outlook: A Delicious Course for Prosperity 

• Driven by the aforementioned factors, the market is expected to witness a CAGR of 29.9% between 2023 and 2028. 
• The growing popularity of cloud kitchens and government support for tourism further bolster demand for skilled culinarians. 
• Embracing international best practices and addressing cultural nuances will be crucial for market players to thrive. 

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Ken Research's comprehensive report offers valuable insights into the Sweet Culinary Institute market in Riyadh, Jeddah, and Dammam. To gain a deeper understanding and explore lucrative investment opportunities, contact us today to obtain your copy.

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Taxonomy

Sweet Culinary Institute Market in Riyadh, Jeddah & Dammam

By Type of Programs

Diploma

Course/Awards

Workshops

By Mode of Delivery

Offline

Hybrid

Online

By Type of Region

Riyadh

Jeddah

Dammam

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Sweet Culinary Institute Market in Riyadh, Jeddah and Dammam

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