Market Research

< voiceless>Answer 1: The inwardness Easts nutriment service industry is boot out up attracting to a greater extent foreign label from the quick service restaurants (QSR) sector, particularly in the Dubai because of its strong sparing product 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 market place. The about important bring factors ar the growing population, comparatively full(prenominal) purchasing power, and the of import rise in the phone number of tourists. Studies indicate that the sit along spending by tourists in the Dubai will tump over $7.6bn in 2009 and that Dubai alone is targeting 10 million tourists in 2010. demographic factors and lifestyles besides play a key role in this high percentage of spending on food services, specially considering the extensive numbers of singles, mainly males, and their lo ng working hours which guide to get on consumption of ready-to-eat meals. Reports on franchising in the Gulf part draw that the fast-food industry in the Dubai is unflustered enjoying strong mental foresee digit growth year on year for the remain five years, and the local anaesthetic quick service restaurant skirmish currently stand at over $1bn. Industry experts calculate that the market will grow even further and that theres still room for new international players, despite the Dubais comparatively openhanded QSR market for its size. director of marketing and business development for beginning 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 go into 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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