Qatar Retail Restaurant Industry is expected to cross QAR 8,900 Mn by 2025: Ken Research

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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 

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SOURCE Ken Research