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The effective growth in the number of working population, growing corporate sector and rising tourism are the crucial factors driving the growth of Kuwait Catering market: Ken Research

02-02-2023 07:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research

The effective growth in the number of working population,

Rising Working Population: Catering services are in high demand in Kuwait to fulfil the demands of the country's fast growing population and the increasing number of visitors, pilgrims, and migrants. Furthermore, the aviation sector is another area that is boosting the market by increasing consumer demand for in-flight catering services and providing them with a choice of Kuwaiti delicacies and cuisine.

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Growing Popularity of Food Trucks across Kuwait: As the population of food lovers are increasing, so does the number of restaurants on wheels. As a result, the popularity of food trucks in Kuwait is fuelling the need for catering services. This popularity is mostly due to the convenience of food trucks, which provide a wide range of cuisine on the go. Furthermore, rising government backing for food trucks to operate around Kuwait is another factor contributing to the country's catering service industry's expansion.

Impact of Covid-19 on the Kuwait Catering Services Market: The Covid-19 epidemic had a huge influence on the hotel and catering industries in Kuwait in 2020, resulting in a considerable growth fall for the Catering Services Market. However, as individuals became more health-conscious, the demand for food with high nutritional content and safe packaging increased significantly, resulting in an increase in market growth for catering services across Kuwait. Later, when Covid-19 instances began to decline progressively, limitations were eased and commercial activities resumed, allowing catering service providers to resume operations.

Analysts at Ken Research in their latest publication "Kuwait Catering Services Market Outlook To 2027F - By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering" observed the potential of the Catering Services Market in Kuwait. The change in consumer preferences, health-conscious among the population, technological advancement in the catering business, increasing tourism, and the ongoing demand from the Mining division is expected to contribute to the market growth over the forecast period. The Kuwait Catering Services Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

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Key Segments Covered in the report: -
Kuwait Catering Service Market
By Type:
• Contract catering
• Non-Contract catering

By Length of Contract:
• Short-Term
• 1 year
• More than 1 year

By End Users:
• Industrial
• Government
• In-Flight
• Corporate
• Education
• Event
• Healthcare
• Others

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Key Target Audience
• Airline Catering Companies
• Fine Dining Caterers
• School Caterers
• Hotels
• Industrial Caterers
• Government Bodies
• Facility Management Companies
• Industries
• Schools
• Corporate Sector

Time Period Captured in the Report:
• Historical Year: 2017-2021
• Base Year: 2022
• Forecast Period: 2023- 2027F

Companies Covered:
• Luscious Catering
• Opera Catering Co
• Kuwait Hotels Company
• Wow Catering Services
• Al Wazzan Trading & Catering Co. AWTC
• Atyab Gulf Catering Services
• Al-Karam Al-Arabi for Catering Services Limited
• Anaar Catering
• Lazurd Catering

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Key Topics Covered in the Report
• Executive Summary of the Kuwait Catering Service Market
• Kuwait Catering Service Market Introduction and Value Chain Analysis
• Kuwait Catering Service Market Size, 2017-2022
• Kuwait Catering Service Market Segmentation, 2022
• Snapshot on Food & Beverage Industry
• Best Selling MENUSs - End user segment-wise
• Trends and Developments in Kuwait Catering Service Market
• Issues and Challenges in Kuwait Catering Service Market
• Porter's Five Forces Analysis for Kuwait Catering Service Market
• Regulatory Framework in Kuwait Catering Service Market
• Comparative Landscape in the Kuwait Catering Service Market
• Kuwait Catering Service Market Future Outlook and Projections, 2022-2027F
• Analyst Recommendations

Related Reports by Ken Research: -

Ken Research Pvt. Ltd

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

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