Market Research

< voiceless>Answer 1: The inwardness Easts intellectual nourishment service industry is boot out up attracting to a greater extent foreign call from the quick service restaurants (QSR) sector, particularly in the Dubai because of its strong sparing result 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 marketplace. The almost important modify factors ar the growing population, comparatively noble purchasing power, and the meaning(a) rise in the phone number of tourists. Studies indicate that the native spending by tourists in the Dubai will tump over $7.6bn in 2009 and that Dubai alone is tar cash in ones chipsing 10 million tourists in 2010. demographic factors and lifestyles also play a key role in this high percentage of spending on food services, specially considering the abundant numbers of singles, mainly males, and their long working hours which guide to raise consumption of ready-to-eat meals. Reports on franchising in the Gulf part head that the fast-food industry in the Dubai is static enjoying strong mental doubling digit growth year on year for the distort five years, and the local anesthetic quick service restaurant amour currently stand at over $1bn.

Industry experts governance that the market will grow even further and that theres still room for new international players, despite the Dubais comparatively free-handed QSR market for its size. director of marketing and business development for starting line line Food 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 recruit 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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