The Qatar retail restaurant market is a vital component of the country's economy, contributing significantly to its GDP and providing employment opportunities for a large number of people. The market comprises a diverse range of restaurants, ranging from local Qatari cuisine to international franchises.
The retail restaurant market in Qatar has seen rapid growth in recent years, driven by the country's increasing population and the growing popularity of dining out. Qatar is a popular destination for tourists, and the government has been investing heavily in developing its tourism infrastructure, including restaurants and hotels.
The market is dominated by a mix of international and local players. Many popular international restaurant chains, such as McDonald's, KFC, and Starbucks, have a significant presence in the country. At the same time, there is also a thriving local food scene, with many Qatari-owned restaurants offering traditional Qatari cuisine.
The COVID-19 pandemic had a significant impact on the Qatar retail restaurant market, with restaurant closures and a decrease in tourism affecting the industry. However, the market showed resilience and adaptability in response to the crisis.
Overall, the Qatar retail restaurant market is expected to continue to grow in the coming years, driven by the country's increasing population, rising tourism, and the trend towards healthier eating.
Like many other countries, the COVID-19 pandemic had a significant impact on the Qatar retail restaurant market. The Qatari government implemented strict measures to control the spread of the virus, including the closure of restaurants and cafes for a period. This led to a significant decrease in restaurant sales and revenue.
The pandemic also impacted the tourism industry, which is a major driver of the retail restaurant market in Qatar. International travel restrictions led to a decline in the number of visitors to the country, resulting in a decrease in restaurant demand.
However, despite the challenges posed by the pandemic, the retail restaurant market in Qatar showed resilience and adapted to the new situation. Many restaurants pivoted to offering take-out and delivery services, which helped them to continue operating and generating revenue. The government also implemented several measures to support the restaurant industry, such as providing financial support and rent exemptions for restaurant tenants.
The pandemic also accelerated some existing trends in the restaurant industry, such as the shift towards online ordering and the adoption of contactless payment systems. Many restaurants in Qatar invested in these technologies to provide safer and more convenient dining experiences for customers.
Overall, while the pandemic had a negative impact on the Qatar retail restaurant market, the industry showed adaptability and resilience in response to the crisis. As the situation continues to improve and restrictions are lifted, the market is expected to recover and continue to grow in the coming years.
Qatar Retail Restaurant Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Asha’s, Beilla, The Noodles House, The CheeseCake Factory, Yasmine Palace, Burj AI Hamam, Melezane, layali, La Mar, Isaan, Startbucks, Volume Cafe, Rosemary Café McDonalds, KFC
Qatar Retail Restaurant Market Segmentation:
By Type of Outlet: Based on the Type of Outlet, Qatar Retail Restaurant Market is segmented as; Casual Dining Outlets, Fine Dining Outlets, QSRs/Burger Chain, Cafes/Cafeterias, Desert Parlours and Beverages
By Business Model: Based on the Business Model, Qatar Retail Restaurant Market is segmented as; Franchised Outlet, Non-Franchised Outlet
By Region: Restaurants in Qatar have been largely centred in Al Rayyan, Doha, Al Gharafa, Dafna, West Bay, Pearl Qatar, and other areas. The majority of the outlets concentrated in Al Gharafa and Dafna/West Bay, Pearl Qatar earn more revenue than other areas. Popular outlets encompass Diet House, Coffee Time, Pool Grill, and Hwang & More.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.