Top Companies in the Saudi Arabia Food Service Market 2030
Overview of the Saudi Arabia Food Service Market:
The Saudi Arabia Food Service Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of Saudi Arabia Food Service market 2030?
The Saudi Arabia Food Service Market size was valued at around USD 29 billion in 2024 and is projected to reach USD 50 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.5% during the forecast period, i.e., 2025-30.
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Who are the top companies operating in the Saudi Arabia Food Service market?
The report features prominent companies operating in the Saudi Arabia Food Service market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Saudi Arabia Food Service market: Herfy, AlBaik, Gulf Catering Company, Starbucks, Pizza Hut, McDonald’s, Kudu Food and Catering, Dunkin’ Donuts, Americana Restaurants International PLC, Shawarmer
What is the key factor projected to fuel growth in the Saudi Arabia Food Service Market between 2025 and 2030?
Large Population with High Disposable Income – Most people in Saudi Arabia have high net income and leading to changes in their lifestyle. For instance, the GDP per capita in 2024 was around USD27,018 and has increased continuously over the past years. As a result, people are more inclined towards spending on food services as they are more likely to taste a variety of foods from various cuisines. This also aligns with people who are working and do not want to cook. Additionally, the home delivery services provided by various food service providers further support the demand of such customers.
Moreover, the residents from other countries with high incomes, either tourists or working people, want food from their home cuisines. Although they are expensive as compared to local cuisines, they spend on food services that can provide them with the same. Therefore, due to the high income, people spend on out-of-home food to avoid cooking at home or to eat food from their favorite cuisines, and this trend is expected to continue in the coming years as well.
Saudi Arabia Food Service Market - Segmentation Analysis
- By Type (Full Service Restaurants, Quick Service Restaurants, Catering)
- By Cuisine (Middle Eastern Cuisine, Asian Cuisine, Western Cuisine, Fast Food Casual & International Chains, Others (Fusion Cuisine, Street Food, Organic, etc.))
- By Service Type (Dine-In, Takeaway, Home Delivery)
- By Outlet (Chained, Independent) and others
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This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography.
Comprehensive Table of Contents – Saudi Arabia Food Service Market Analysis and Forecast, 2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: Saudi Arabia Food Service Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of Saudi Arabia Food Service Companies
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Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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