Qatar’s retail restaurant industry set to cross QAR 8,900 million by 2025: Ken Research

GURUGRAM, India, May 4, 2021 / PRNewswire / –

  • Recent and upcoming malls in Qatar, like the shopping center of Qatar, Tawar Mall, Al Hazm Mall are likely to expand options for retail restaurant outlets in the country.
  • The Qatari government is undertaking many initiatives under the Qatar National Vision 2030 to encourage its local businesses to expand into regional and international markets.
  • Due to COVID, online food delivery services and the concept of Cloud Kitchen are becoming extremely popular in Qatar and is expected to thrive within the next 5-10 years

Soccer World Cup 2022: The hosting of the FIFA World Cup in Qatar is expected to provide a huge, unique boost to the nation’s retail foodservice industry in 2022. Over 3 million tourists, spectators and more have spurred many restaurant chains to undertake several marketing strategies such as special world cup menus, a live screening of the games, etc. as well as partnership strategies such as mergers and acquisitions, collaborations with tourism agencies, food aggregators, etc. to harness the full potential of this unique opportunity. In addition, construction projects in the country such as the development of new stadiums (Education City Stadium, Khalifa International Stadium, etc.) or metro stations will provide great expansion opportunities for QSRs or cafes.

Growing prevalence of cloud kitchens: COVID has prompted many restaurant chains to Qatar move towards the relatively new concept of cloud kitchens in the country to minimize costs, maximize restaurant reach, and streamline their delivery process to retain current customers, especially during times of adverse circumstances.

New restaurant opening opportunities: The future growth of this industry will depend heavily on the growth of the hospitality and leisure sector in Qatar. Based on recent benchmarks of population demographics and retail restaurant outlets in various geographic locations in Qatar, several opportunities exist for setting up new gourmet, casual, QSR, cafes or desert lounges in areas like Muaither, Al Aziziyah and Al Waab, Salwa Road and more for reasons like low point density sales for 1000 people, future development prospects in the form of residential and commercial complexes, etc. in these areas.

The report entitled “Qatar Retail Restaurant Industry Outlook to 2025 – Hosting 2022 FiFA World Cup Expected to Increase Domestic and International Visitors by Ken Research suggested that the retail restaurant industry Qatar is expected to grow in the near future due to the influx of tourists due to the upcoming sporting events (FIFA World Cup 2022) in the country. In addition, the initiatives taken by the government under the Qatar National Vision 2030, including the construction of planned communities, the development of new shopping malls and hotels, will also play a major role in the future growth of the industry. The industry is expected to register a positive five-year CAGR in terms of revenue during the forecast period 2020-2025F.

Key segments covered by Qatar Retail restaurant industry

  • By type of point of sale (revenue and number of points of sale)
    • Casual restaurants
    • Gourmet restaurants
    • QSR / Hamburger chains
    • Cafes / cafeterias
    • Desert Lounges and Drinks
  • By business model (number of points of sale)
    • Franchised point of sale
      • Casual dining outing
      • Gastronomic restaurant
      • QSRs / Hamburger Chain
      • Cafes / cafeterias
      • Desert Lounges and Drinks
    • Non-franchised point of sale
      • Casual restaurants
      • Gourmet restaurants
      • QSR / Hamburger chains
      • Cafes / cafeterias
      • Desert Lounges and Drinks
  • By geographic locations (revenues and number of points of sale)
    • Al Gharafa
    • Dafna and West Bay
    • Al Wakrah and the village of Barwa
    • 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

Period captured in the report:

  • Historical period – 2014-2020
  • Forecast period – 2020-2025F

Companies mentioned:

  • Casual restaurants –
    • Asha’s
    • Biella
    • The noodle house
    • The Cheesecake Factory
    • Yasmine Palace
    • Bukhara caravan
    • Burj al-hamam
    • Melenzane
    • Layali
    • Neo
    • L’wzaar seafood
    • PF Chang’s
    • Vapiano
  • Gourmet restaurants-
    • The Mar
    • La Spiga
    • Hakkasan
    • Isaan
    • Nusr-Et
    • Market by Jean-Georges
  • Coffees-
    • FAC
    • Starbucks
    • Volume coffee
    • Cafe Vergnano
    • Rosemary coffee
    • Coffee beans and tea leaf
    • Cafe Caribou
  • QSRs / Hamburger Chains-
    • Subah W Masa
    • Zaatar W Zeit
    • Altitude burger
    • Fat burger
    • Mcdonalds
    • KFC
    • Sandwich shop
    • Five guys
  • Hotel chains
    • Hotel W
    • Intercontinental Doha
    • Wyndham Grand Regency Doha
    • Double shaft by Hilton
    • Ritz Carlton Doha

Main topics covered in the report

  • Qatar Retail Foodservice Industry Market Size by Revenue and Number of Outlets.
  • Qatar Retail Foodservice Industry Market Segmentation By Location – Revenue (Stand Alone Restaurant & Hotel Restaurant)
  • Market segmentation by type of outlet (casual restaurants, gourmet restaurants, QSR, cafes / cafeterias, desert lounges and drinks)
  • Market segmentation by business model (franchised outlets, non-franchised outlets)
  • Market segmentation by geographic location
  • Regional concentration of different types of retail restaurants in Qatar
  • Challenges faced by Qatar’s restaurant industry
  • Impact of COVID on the restaurant industry in Qatar
  • Cross-comparison of major players based on operational parameters
  • Cross-comparison of business parameters based on major players
  • Cross-comparison of the main players based on operational ratios
  • Business model of a casual restaurant
  • Analyst recommendations
  • Retail foodservice industry in Qatar
  • Qatar Food and Beverage Industry
  • Gourmet restaurants of Qatar
  • Casual restaurants in Qatar
  • Qatar National Vision 2030
  • Construction of a new shopping center in Qatar
  • Qatar FIFA World Cup 2022
  • Qatar population demographics
  • Qatar average disposable income
  • Qatar level of expenditure per capita
  • Qatar tourism statistics
  • Impact of COVID on the restaurant industry in Qatar
  • The impact of COVID on the food and beverage industry in Qatar
  • Cloud Kitchens Qatar
  • Catering services offered Qatar
  • Popular kitchens Qatar
  • Food aggregators Qatar
  • FIFA marketing strategies
  • Potential Risks of the Catering Industry in Qatar
  • Restaurant cost reduction strategies
  • Qatari Restaurant Promotion Techniques
  • Restaurant market strategies
  • Restaurant customer journey

For more information on the research report, refer to the link below:

Qatar Retail Restaurant Industry Outlook to 2025

Related reports

Qatar Food Services Industry Outlook to 2024 (Third Edition) – Analysis of the Potential of Incumbents to Host the 2022 World Cup

The large expatriate population coupled with a boom in construction activity has resulted in an adoption of foodservice services led by industrial (construction) camps over the past 5 years. The trend has seen upheaval due to the slowdown caused by COVID-19, but is expected to return to pre-COVID-19 levels by the second quarter of 2021. In addition, the 2022 FIFA World Cup is being hosted in Qatar, resulting in a massive spike and increased adoption of restaurant services.

Jordan Catering Services Market Outlook to 2022 – By Catering Type (Event Catering, Government / Defense Catering, Industrial Catering, Airline Catering, School Catering, and Hospital Catering)

This report will help readers identify the ongoing trends in the industry and the expected growth in the future based on changing industry dynamics in the 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 current and expected trends in the future.

UAE Food Services Market Outlook to 2021 – Rising Air Passengers and Improving Digital Technology to Drive Future Growth

The report covers aspects such as UAE catering services market size, market segmentation on the basis of contract type, contract length, and major end-users of UAE catering services market. The report also covers the competitive landscape, government regulations, customer preferences, and value chain analysis.

Saudi Arabia Food Services Market Outlook to 2021 – Rising Religious Tourists and Growth in Education and Health Sector to Drive Future

The report covers aspects like Saudi Arabia catering services market size, market segmentation on the basis of contract type and major end-users (industrial / construction, hospitality, education, enterprise, flight, healthcare and others. ). The report also covers the competitive landscape, government regulations, customer preferences, and value chain analysis.

Saudi Arabia Canned Food Market Outlook to 2022 – By Product Categories (Canned Dairy, Canned Meat, Canned Fish, Canned Cooking Sauces, Canned Legumes and Beans, and Canned Fruits and Vegetables ), by distribution channels (Bakalas, hypermarkets, supermarkets, others), by regional sales (Riyadh, Jeddah, Mecca-Medina, Dammam and others), by end user (hotels, restaurants and catering businesses, fast food outlets and retail consumers)

The report is useful for investors, packaged food manufacturers, food ingredient suppliers, potential entrants, food retailers and other stakeholders to align their market-centric strategies based on current and expected trends. in the future.

Contact us:

Ken is looking for
Ankur Gupta, Marketing & Communication Manager
[email protected]
+ 91-9015378249

SOURCE Ken Research

Source link

Cecil N. Messick