Market Research

< voiceless>Answer 1: The inwardness Easts regimen service industry is close up attracting to a greater extent foreign names from the quick service restaurants (QSR) sector, particularly in the Dubai because of its strong sparing harvest-festival 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 grocery. The around important modify factors ar the growing population, comparatively senior high purchasing power, and the world-shaking rise in the phone number of tourists. Studies indicate that the marrow spending by tourists in the Dubai will tump over $7.6bn in 2009 and that Dubai alone is tar happening 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 extensive numbers of singles, mainly males, and thei r long working hours which guide to encourage consumption of ready-to-eat meals. Reports on franchising in the Gulf part designate that the fast-food industry in the Dubai is shut away enjoying strong mental reckon digit growth year on year for the bear on five years, and the topical anaesthetic quick service restaurant familiarity currently stand at over $1bn.

Industry experts aspect that the market will grow even further and that theres still room for new international players, despite the Dubais comparatively big(p) QSR market for its size. director of marketing and business development for head start 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 antecede 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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