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.                 

Saudi Arabia Food Service Market Trend:

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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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Saudi Arabia Food Service Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• 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

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Herfy, AlBaik, Gulf Catering Company, Starbucks, Pizza Hut, McDonald’s, Kudu Food and Catering, Dunkin’ Donuts, Americana Restaurants International PLC, Shawarmer

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