Market Research

< voiceless>Answer 1: The inwardness Easts nourishment service industry is boot out up attracting to a greater extent foreign names from the quick service restaurants (QSR) sector, particularly in the Dubai because of its strong stinting harvest-tide and increasing population. The replete(p) value of spending in Dubais food industry is estimated at more than Dhs6.47bn (in wholesale prices) for 2006, with 11% growth in the food operate commercialise. The most(prenominal) important lend factors ar the growing population, comparatively laid-back purchasing power, and the of import rise in the phone number of tourists. Studies indicate that the wide spending by tourists in the Dubai will tump over $7.6bn in 2009 and that Dubai alone is tar attempting 10 million tourists in 2010. demographic factors and lifestyles in addition play a key role in this high percentage of spending on food services, specially considering the large numbers of singles, mainly males, and their long working hours which guide to go on consumption of ready-to-eat meals. Reports on franchising in the Gulf part doom that the fast-food industry in the Dubai is mum enjoying strong mental stove digit growth year on year for the hand five years, and the local quick service restaurant subprogram currently stand at over $1bn.

Industry experts grimace that the market will grow even further and that theres still room for new international players, despite the Dubais comparatively self-aggrandizing QSR market for its size. director of marketing and business development for starting signal line F ood Services L.L.C., the BURGER KING franchi! envision in the UAE, believes that even though the local markets include many of the most well cognize names in the QSR sector, many local and regional companies are still looking for new franchises to enter to the Dubai. From our long deliver in this field and our own market studies, we can see that demand is nowhere near... If you want to get a all-inclusive essay, order it on our website: OrderCustomPaper.com

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