MarkNtel Advisors recently published a detailed industry analysis of the Saudi Arabia Food Service Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Saudi Arabia Food Service Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 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.

Key Findings in Saudi Arabia Food Service Market:

• Historical Analysis: 2020–2023
• Base Year: 2024
• Forecast Period: 2025–2030

Leading Market Players- Herfy, AlBaik, Gulf Catering Company, Starbucks, Pizza Hut, McDonald’s, Kudu Food and Catering, Dunkin’ Donuts, Americana Restaurants International PLC, Shawarmer

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Saudi Arabia Food Service Market?

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.

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What segments define the Saudi Arabia Food Service Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

By Type

• • Full Service Restaurants- Market Size & Forecast 2020-2030, USD Million
  • Quick Service Restaurants- Market Size & Forecast 2020-2030, USD Million
  • Catering- Market Size & Forecast 2020-2030, USD Million

According to report, Based on the type of service provider, full-service restaurants maintain the primary share (around 46%) of the market. 

By Cuisine

• • Middle Eastern Cuisine- Market Size & Forecast 2020-2030, USD Million
  • Asian Cuisine- Market Size & Forecast 2020-2030, USD Million
  • Western Cuisine- Market Size & Forecast 2020-2030, USD Million
  • Fast Food Casual & International Chains- Market Size & Forecast 2020-2030, USD Million
  • Others (Fusion Cuisine, Street Food, Organic, etc.)- Market Size & Forecast 2020-2030, USD Million

According to report, Based on the type of cuisine, western cuisine segment holds the largest market share of around 31%.

By Service Type

• • Dine-In- Market Size & Forecast 2020-2030, USD Million
  • Takeaway- Market Size & Forecast 2020-2030, USD Million
  • Home Delivery- Market Size & Forecast 2020-2030, USD Million

By Outlet

• • Chained- Market Size & Forecast 2020-2030, USD Million
  • Independent- Market Size & Forecast 2020-2030, USD Million

Explore the Complete Saudi Arabia Food Service Market Analysis Report – https://www.marknteladvisors.com/research-library/saudi-arabia-food-service-market.html

Geographical Analysis: Saudi Arabia Food Service Market

By Region

• West
• East
• South
• North
• Central

Saudi Arabia Food Service Market Recent Development:

• 2024: Dunkin’ Donuts opens its new outlet in Riyadh. With this outlet, the company has completed its 800 outlets in Saudi Arabia.

• 2023: Americana Restaurants International PLC expanded its network by adding around 184 branches globally with the highest number of branches in Saudi Arabia. They also said that more restaurants are under construction.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Saudi Arabia Food Service Market?
• How is the Saudi Arabia Food Service Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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