Please Wait.....
Report
Saudi Arabia Foodservice Market Report and Forecast 2024-2032
Market Report I 2024-06-20 I 160 Pages I EMR Inc.
Saudi Arabia Foodservice Market Report and Forecast 2024-2032
Market outlook
According to the report by Expert Market Research (EMR), the Saudi Arabia foodservice market size reached a value of USD 20.87 billion in 2023. Aided by the increasing demand for diverse dining experiences and the growing trend of dining out, the market is projected to further grow at a CAGR of 11.6% between 2024 and 2032 to reach a value of USD 55.28 billion by 2032.
The foodservice sector in Saudi Arabia encompasses a wide range of services including restaurants, cafes, fast-food chains, catering services, and institutional food services. The industry plays a vital role in the country's economy, driven by rising disposable incomes, urbanization, and changing consumer lifestyles. The increasing demand for diverse and high-quality dining experiences, coupled with the growing trend of eating out, is driving the Saudi Arabia foodservice market growth.
The increasing consumer preference for diverse dining experiences is driving the market growth. With the growing awareness of different cuisines and the desire for new dining experiences, there has been a significant shift towards eating out. The proliferation of international restaurant chains and the emergence of innovative foodservice concepts are catering to the diverse tastes and preferences of consumers, further propelling the demand for foodservice establishments.
The expanding applications of foodservice in various sectors also play a significant role in propelling the market. In the corporate sector, foodservice providers offer catering services for corporate events, meetings, and office canteens. In the healthcare sector, institutional food services provide nutritious and balanced meals to patients and staff. The growing demand for foodservice solutions across these sectors is boosting the market growth.
Moreover, advancements in foodservice technology are driving innovation and development in the market. The introduction of new technologies such as online ordering platforms, digital payment solutions, and kitchen automation systems has enhanced the efficiency and convenience of foodservice operations. These advancements enable foodservice providers to deliver high-quality services and improve customer satisfaction. The growing adoption of advanced foodservice technologies is driving the market growth and it consequently drives up the Saudi Arabia foodservice market share.
The growing focus on health and wellness is also contributing to the market growth. With the increasing awareness of the importance of a balanced diet and healthy eating habits, there is a significant demand for nutritious and wholesome food options. Foodservice providers are responding to this trend by offering healthier menu options, including low-calorie, organic, and plant-based dishes. The rising demand for healthy food options is driving the adoption of health-conscious foodservice solutions.
The regulatory environment plays a crucial role in shaping the foodservice market. Governments and regulatory bodies in Saudi Arabia are actively supporting the development and deployment of high-quality and safe foodservice solutions. Various regulations and standards, such as the Saudi Food and Drug Authority (SFDA) guidelines, are promoting the use of safe and compliant foodservice practices. These regulatory efforts are providing a favourable environment for the growth of the market.
As per the Saudi Arabia foodservice market analysis, the full-service restaurants segment holds a significant share of the Saudi Arabia foodservice market, driven by the high demand for diverse and high-quality dining experiences. Full-service restaurants offer a wide range of cuisines and provide a complete dining experience with table service, enhancing customer satisfaction.
Full-service restaurants provide a complete dining experience with table service, ambiance, and high-quality food, enhancing customer satisfaction. The increasing preference for high-quality dining experiences is driving the demand for full-service restaurants. Full-service restaurants are often chosen for special occasions and celebrations, such as birthdays, anniversaries, and family gatherings. The growing trend of dining out for special occasions is propelling the demand for full-service restaurants.
Market Segmentation
The market can be divided based on type and outlet
Market Breakup by Type
- Cafes and Bars
- Cloud Kitchen
- Full-Service Restaurants
- Quick Service Restaurants
Market Breakup by Outlet
- Chained Outlets
- Independent Outlets
Competitive landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in Saudi Arabia foodservice market. some of the major players explored in the report by expert market research are as follows:
- Starbucks Corporation
- McDonald's Corporation
- Herfy Food Services Co. JSC
- Kudu LLC
- Domino's Pizza LLC
- Yum! Brands, Inc.
- ALBAIK Food Systems Ltd.
- Papa John's International, Inc.
- Restaurant Brands International Inc
- Hardee's Restaurants LLC
- Others
About us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our expert market research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Foodservice Market Overview
8.1 Key Industry Highlights
8.2 Global Foodservice Historical Market (2018-2023)
8.3 Global Foodservice Market Forecast (2024-2032)
8.4 Global Foodservice Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Saudi Arabia Foodservice Market Overview
9.1 Key Industry Highlights
9.2 Saudi Arabia Foodservice Historical Market (2018-2023)
9.3 Saudi Arabia Foodservice Market Forecast (2024-2032)
10 Saudi Arabia Foodservice Market by Type
10.1 Cafes and Bars
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Cloud Kitchen
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Full-Service Restaurants
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Quick Service Restaurants
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Saudi Arabia Foodservice Market by Outlet
11.1 Chained Outlets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Independent Outlets
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter's Five Forces Analysis
12.2.1 Supplier's Power
12.2.2 Buyer's Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Starbucks Corporation
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 McDonald's Corporation
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Herfy Food Services Co. JSC
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Kudu LLC
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Domino's Pizza LLC
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Yum! Brands, Inc.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 ALBAIK Food Systems Ltd.
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Papa John's International, Inc.
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Restaurant Brands International Inc
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Hardee's Restaurants LLC
13.2.10.1 Company Overview
13.2.10.2 Product Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Foodservice Market: Key Industry Highlights, 2018 and 2032
2. Saudi Arabia Foodservice Market: Key Industry Highlights, 2018 and 2032
3. Saudi Arabia Foodservice Historical Market: Breakup by Type (USD Billion), 2018-2023
4. Saudi Arabia Foodservice Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. Saudi Arabia Foodservice Historical Market: Breakup by Outlet (USD Billion), 2018-2023
6. Saudi Arabia Foodservice Market Forecast: Breakup by Outlet (USD Billion), 2024-2032
7. Saudi Arabia Foodservice Market Structure
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security