Industry Overview
60% a young population, 85% ex-pat
population (led by Asian countries) and 2.1Mn tourist arrivals in 2019 position
Qatar as a vibrant country among its GCC peers. Hence, Demographics skewed
towards the young urban population; prefer the convenience of dining out
against cooking at home frequently.
The Restaurant Sector In Qatar was
earlier dominated by franchised American concepts is witnessing the development
of several home-grown concepts driven by companies such as Food Service Company
and more. The sector has flourished due to the presence of a variety of outlets
in the country that serve cuisines from all across the world to all customers
segments. Qatar
Retail Restaurant Industry has decreased at a CAGR of 0.4% on the
basis of revenue and a CAGR of 1.9% on the basis of the number of retail
outlets over the period 2014-2020. The negative CAGR represents the impact of
COVID-19 on the industry in 2020 but the market is expected to revive in the
coming 1-2 years owing to FIFA World cup 2022. Major growth drivers of the
Industry are largely young and urban population, rising disposable income of
people, heavy tourist traffic, Construction of Malls, Purpose Built
Entertainment Facilities and ongoing sporting events in the country.
Qatar Retail Restaurant Industry
Segmentation
By Type of
Outlet: Cafeterias accounted for the largest number of Restaurants with Casual
Dining Outlets generated the largest revenue share. Fine Dining Restaurants
earns Highest Profit Margin serving Clients with Authentic Cuisine, ambiance
& Food Quality. Casual Dining Outlets are the most preferred
place for family outing serving Multi-cuisine Food & Decent Atmosphere.
QSRs and Cafeterias are being extremely popular due to the presence of
international Brand Franchise & New Home Grown Brands in Qatar.
By Geographical
Location: The restaurants in Qatar are majorly concentrated in parts of Al Rayyan,
Doha, Al Gharafa, Dafna, West Bay, Pearl Qatar, and more. Most Number of
outlets that are concentrated in Al Gharafa and Dafna/ West bay, Pearl Qatar
earns higher revenue than other areas. Some of the Popular Outlets are Diet
House, Coffee Time, Pool Grill, and Hwang & More.
By Franchise &
Non-Franchise: The majority of Revenues in Qatar held by the Retail restaurant Industry is
from Non-Franchised Outlets/ Standalone Outlets in Qatar. Cafes &
Cafeterias account for the largest share in Franchised Outlets & Casual
Dining in Non- Franchised Outlets basis Count in 2020.
Competition
Overview
The retail Restaurant Industry is quite
fragmented and No First-mover Advantage is evident in any type of Outlets in
Restaurant Industry in Qatar. In this space, More than 2,000 Restaurants are
competing basis multi-cuisines, end-user dedicated services, great ambiance
& quality food, and more. The worth of Mouth has played an important role
in expanding many outlets in Qatar such as the Cheesecake Factory, Asha’s,
Volume Cafe. Moreover, Franchised American Brands such as Fat Burger, Starbucks
is extremely popular, and many Qatari Groups such as Food Service Company is
developing new In-house Restaurant Chains/ Brands.
Future Growth
The Retail Restaurant The industry is
expected to flourish in Qatar with rising income levels and per capita
expenditure levels of consumers. It is expected to witness a CAGR of 6.9% in
terms of revenue during the forecast period 2020-2025F. The government as well
is supporting the industry under Qatar National Vision 2030 to encourage local
companies to expand into regional and international markets. Moreover, FWC the
event in 2022 will allow ample opportunity for incumbents to increase the
utilization rate of existing restaurants and develop more Cafes, Casual/Fine
Dining and QSRs near the newly opened stadiums and Malls especially designed
for the FIFA World Cup in Qatar.
Key Target Audience:
-
Restaurant Chains, Hotel Chains
Food Aggregators
Catering Companies, Real Estate Companies
Potential Market Entrants
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 Cafe
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: -
Socio-Demographic Outlook of Qatar
Snapshot on Food & Beverage
Industry
Retail Restaurant Services Industry
in Qatar (Market Size and Segmentation)
Competitive Landscape of Firms
(Operational Performance, Financial Performance, Company Profiles)
Challenges and risk to the Retail
Restaurants
Operating Model of Casual Dining
Outlet in Qatar
Regulations and Certifications
applicable to industry
For More Information
on the research report, refer to below link: -
Future
Growth of Retail Restaurant Services Industry in Qatar
Related Reports by Ken Research: -
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