Saudi Arabia Food Service Market Report - By Type (Full Service Restaurants, Quick Service Restaurants, Catering), By Cuisine (Middle Eastern Cuisine, Asian Cuisine, Western Cuisine, Fast Food Casual... ... e, 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 Read more
- Food & Beverages
- Jan 2025
- 121
- PDF, Excel, PPT
Market Definition
The food service industry consists of businesses that prepare and supply food items to customers through takeaways, dine-in, or delivering them to their homes. These businesses are mainly restaurants or catering service providers.
Market Insights & Analysis: Saudi Arabia Food Service Market (2025-30):
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. The main reason behind this growth is the increasing spending on food service. As the disposable income of people increases, they are inclined to spend more on multiple cuisines. For instance, as per the Saudi Central Bank, about 36% of the overall transactions made by its users are on food, beverages, restaurants, and cafes.
| Report Coverage | Details |
|---|---|
| Historical Years | 2020-23 |
|
Base Years
|
2024
|
|
Forecast Years
|
2025-30
|
| Market Value in 2024 | USD 29 billion |
| Market Value in 2030 | USD 50 billion |
| CAGR (2025-30) | 9.5% |
| Top Key Players | Herfy, AlBaik, Gulf Catering Company, Starbucks, Pizza Hut, McDonald’s, Kudu Food and Catering, Dunkin’ Donuts, Americana Restaurants International PLC, Shawarmer |
| Key Report Highlights |
|
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Moreover, many companies and industries are being established in Saudi Arabia as this also aligns with the Kingdom’s Vision 2030. These companies have a large number of workforce. For instance, as per its National Labor Organization, more than 11.27 million people were hired for private sector jobs in the April month of 2024. This results in demand for catering services to supply food in companies and industries. Additionally, as immigrants and employees with work visa from other countries work here, they demand their home cuisines. Thus deriving the food services market here. With expansion of industries and establishment of new companies in this region, the demand for food service will continue to grow in the coming years.
Furthermore, there is increase in the influx of tourists in Saudi Arabia. In 2023, there were around 27.4 million visitors in Saudi. Additionally, in the first half of 2024, approximately 17.5 million people visited Saudi Arabia. As these tourists are from numerous nations, they need diverse styles of food from multiple cuisines, thus increasing the demand for food service. Therefore, with increase in number of visitors both locals and foreigners, and with increase in their disposable incomes, there is an inclination towards outdoor cuisines and thus leading the growth for Food services industry in Saudi Arabia.
- Market Segmentation
- Introduction
- Market Definition
- Research Process
- Assumptions
- Executive Summary
- Saudi Arabia Food Service Market Trends & Developments
- Saudi Arabia Food Service Market Dynamics
- Drivers
- Challenges
- Saudi Arabia Food Service Market Regulations, Policies & Standards
- Saudi Arabia Food Service Market Hotspot & Opportunities
- Saudi Arabia Food Service Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Size & Analysis
- 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
- 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
- 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
- By Region
- West
- East
- South
- North
- Central
- By Competition
- Competition Characteristics
- Market Share Analysis
- By Type
- Market Size & Analysis
- Saudi Arabia Full Service Restaurant Food Service Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Size & Analysis
- By Cuisine- Market Size & Forecast 2020-2030, USD Million
- By Service Type- Market Size & Forecast 2020-2030, USD Million
- By Outlet- Market Size & Forecast 2020-2030, USD Million
- Market Size & Analysis
- Saudi Arabia Quick Service Restaurant Food Service Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Size & Analysis
- By Cuisine- Market Size & Forecast 2020-2030, USD Million
- By Service Type- Market Size & Forecast 2020-2030, USD Million
- By Outlet- Market Size & Forecast 2020-2030, USD Million
- Market Size & Analysis
- Saudi Arabia Catering Food Service Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Size & Analysis
- By Cuisine- Market Size & Forecast 2020-2030, USD Million
- By Service Type- Market Size & Forecast 2020-2030, USD Million
- By Outlet- Market Size & Forecast 2020-2030, USD Million
- Market Size & Analysis
- Saudi Arabia Food Service Market Key Strategic Imperatives for Success & Growth
- Competitive Outlook
- Company Profiles
- Herfy
- Business Description
- Operation Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- AlBaik
- Business Description
- Operation Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Gulf Catering Company
- Business Description
- Operation Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Starbucks
- Business Description
- Operation Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Pizza Hut
- Business Description
- Operation Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- McDonald’s
- Business Description
- Operation Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Kudu Food and Catering
- Business Description
- Operation Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Dunkin’ Donuts
- Business Description
- Operation Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Americana Restaurants International PLC
- Business Description
- Operation Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Shawarmer
- Business Description
- Operation Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Herfy
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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