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There are two man reasons why having dedicated server hosting would be ideal for a Website:
The first reason is that dedicated servers come with a complete shell access that can be used to configure the server and provide excellent Web services for your site. If your site has or is expected to have a lot of online business, then dedicated server hosting is likely going to be the best hosting arrangement for you.
The second reason is that, with dedicated server hosting, e-commerce transactions can be offered securely using SSL certification, which is required for accepting credit cards. If your site is expected to have a large number of online financial transactions, then, its best that there be a provision for dedicated server hosting. That way, your site will have all the technical resources dedicated to it alone.