Saudi Arabia Catering Services market is projected to reach $6.9 billion by 2023-Foodex Saudi
Catering is the business of providing food and related services to a
large number of people at various sites including worker camps, construction
sites, company cafeterias and offices. Outsourcing of catering service is
gaining popularity as a result of an increase in spending by large corporates
due to rising mobility of workforce. Apart from quality of food, maintenance of
hygiene and premium services is a growing trend worldwide.
According to research, Saudi Arabia Catering Services market is projected to reach $6.9 billion by 2023. Catering services market is anticipated to register moderate growth during 2017-2023.
Industrial sector including construction, manufacturing, petrochemical as well as oil & gas industry occupied majority share in Saudi Arabia catering services market. Healthcare, educational and airline catering service markets are projected to witness sound growth during the forecast period.
Source: Research and Markets