
Saudi Arabia Food Service Market, By Type of Food Service (Full-Service Restaurants, Quick Service Restaurants (QSRs), Cafés & Bars, Street Food & Kiosks, Cloud Kitchens/Ghost Kitchens); By Ownership (Independent Outlets, Chain Restaurants/Franchises); By
Description
Saudi Arabia Food Service Market Size Set to Cross USD 57 Billion by 2031
Saudi Arabia Food Service Market is flourishing because of the thriving tourism and hospitality sector driven by increasing disposable income, rapid urbanization, and the escalating presence of international brands.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia Food Service Market size at USD 32.33 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Saudi Arabia Food Service Market size to expand at a CAGR of 8.5% reaching a value of USD 57.23 billion by 2031. The expansion of Food Service Market in Saudi Arabia is propelled by an increasing demand for takeaway and home delivery services, the growing popularity of dining out, and the expansion of food outlets, particularly in tier 2 and tier 3 cities. Demographic shifts, rapid urbanization, and evolving consumer preferences are shaping the market. With nearly 37% of the population under 25, younger consumers are driving the demand for diverse global dining experiences and modern culinary concepts. The presence of over 13 million expatriates has enriched the food landscape, fueling interest in international cuisines and fusion dishes. Tourism, with 93.5 million visitors and USD 49.33 billion in spending in 2022, further boosts the sector, especially in entertainment zones and tourist hotspots. The rise of experiential dining, including themed restaurants, is attracting younger audiences. Additionally, Saudi Arabia leads the Middle East in branded coffee outlets, with cafés evolving into social and workspaces. The growing hospitality sector, expected to increase from 400,000 to 854,000 hotel rooms by 2030, is driving investments in diverse dining formats and tech-driven innovations, positioning the market for continued growth.
Impact of Escalating Geopolitical Tensions on Saudi Arabia Food Service Market
Intensifying geopolitical tensions could disrupt the growth of Saudi Arabia Food Service Market. The potential disruption of global supply chains stemming from escalated conflicts could trigger shortages and inflate the prices of imported food staples, a cornerstone of the Kingdom's food security. It, in turn, would exert pressure on the operational budgets of foodservice providers and constrain the variety of their offerings. Furthermore, political instability may deter foreign direct investments and postpone tourism-centric developments, consequently diminishing patronage at restaurants, cafés, and leisure destinations. A shift towards cautious consumer behavior could also curtail discretionary spending on dining experiences. These interwoven challenges have the capacity to impede market expansion, compelling businesses to strategically reassess their procurement networks, pricing models, and customer engagement strategies within an increasingly volatile landscape.
Cloud Kitchen/Ghost Kitchen Segment Holds Largest Market Share
The full-service restaurants segment is expected to maintain its dominance in Saudi Arabia Food Service Market by type of food service during the forecast period. The dynamic growth is propelled by their extensive and varied menus that appeal to a wide spectrum of culinary preferences. These establishments are a preferred choice for family occasions, social engagements, and corporate gatherings, owing to their capacity to cater to diverse palates. The increasing prevalence of family dining further propels the growth in the number of full-service restaurants. Moreover, establishments offering alcoholic beverages are gaining momentum, with rising alcohol consumption contributing to the expansion of networks within this segment to effectively meet evolving consumer demands.
Competitive Landscape
Major companies in Saudi Arabia Food Service Market include Hardee’s Restaurants LLC, Americana Restaurants International PLC, Starbucks Corporation, Herfy Food Services Co. JSC, Yum! Brands, Inc., KUDU Company for Food and Catering, Riyadh International Catering Corporation, McDonald’s Corporation, Restaurant Brands International Inc., Shahia Food Limited Company, M.H. Alshaya Co. WLL, Domino’s Pizza, Inc., Papa John's International, Inc., and ALBAIK Food Systems Company. The presence of high number of companies intensify the market competition as they compete to gain a significant market share. These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and Saudi Arabia Food Service Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Saudi Arabia Food Service Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Saudi Arabia Food Service Market is flourishing because of the thriving tourism and hospitality sector driven by increasing disposable income, rapid urbanization, and the escalating presence of international brands.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia Food Service Market size at USD 32.33 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Saudi Arabia Food Service Market size to expand at a CAGR of 8.5% reaching a value of USD 57.23 billion by 2031. The expansion of Food Service Market in Saudi Arabia is propelled by an increasing demand for takeaway and home delivery services, the growing popularity of dining out, and the expansion of food outlets, particularly in tier 2 and tier 3 cities. Demographic shifts, rapid urbanization, and evolving consumer preferences are shaping the market. With nearly 37% of the population under 25, younger consumers are driving the demand for diverse global dining experiences and modern culinary concepts. The presence of over 13 million expatriates has enriched the food landscape, fueling interest in international cuisines and fusion dishes. Tourism, with 93.5 million visitors and USD 49.33 billion in spending in 2022, further boosts the sector, especially in entertainment zones and tourist hotspots. The rise of experiential dining, including themed restaurants, is attracting younger audiences. Additionally, Saudi Arabia leads the Middle East in branded coffee outlets, with cafés evolving into social and workspaces. The growing hospitality sector, expected to increase from 400,000 to 854,000 hotel rooms by 2030, is driving investments in diverse dining formats and tech-driven innovations, positioning the market for continued growth.
Impact of Escalating Geopolitical Tensions on Saudi Arabia Food Service Market
Intensifying geopolitical tensions could disrupt the growth of Saudi Arabia Food Service Market. The potential disruption of global supply chains stemming from escalated conflicts could trigger shortages and inflate the prices of imported food staples, a cornerstone of the Kingdom's food security. It, in turn, would exert pressure on the operational budgets of foodservice providers and constrain the variety of their offerings. Furthermore, political instability may deter foreign direct investments and postpone tourism-centric developments, consequently diminishing patronage at restaurants, cafés, and leisure destinations. A shift towards cautious consumer behavior could also curtail discretionary spending on dining experiences. These interwoven challenges have the capacity to impede market expansion, compelling businesses to strategically reassess their procurement networks, pricing models, and customer engagement strategies within an increasingly volatile landscape.
Cloud Kitchen/Ghost Kitchen Segment Holds Largest Market Share
The full-service restaurants segment is expected to maintain its dominance in Saudi Arabia Food Service Market by type of food service during the forecast period. The dynamic growth is propelled by their extensive and varied menus that appeal to a wide spectrum of culinary preferences. These establishments are a preferred choice for family occasions, social engagements, and corporate gatherings, owing to their capacity to cater to diverse palates. The increasing prevalence of family dining further propels the growth in the number of full-service restaurants. Moreover, establishments offering alcoholic beverages are gaining momentum, with rising alcohol consumption contributing to the expansion of networks within this segment to effectively meet evolving consumer demands.
Competitive Landscape
Major companies in Saudi Arabia Food Service Market include Hardee’s Restaurants LLC, Americana Restaurants International PLC, Starbucks Corporation, Herfy Food Services Co. JSC, Yum! Brands, Inc., KUDU Company for Food and Catering, Riyadh International Catering Corporation, McDonald’s Corporation, Restaurant Brands International Inc., Shahia Food Limited Company, M.H. Alshaya Co. WLL, Domino’s Pizza, Inc., Papa John's International, Inc., and ALBAIK Food Systems Company. The presence of high number of companies intensify the market competition as they compete to gain a significant market share. These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and Saudi Arabia Food Service Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Saudi Arabia Food Service Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
137 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Saudi Arabia Food Service Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Disposable Income & Urbanization
- 3.2.1.2. Tourism Growth
- 3.2.1.3. Expansion of International Brands
- 3.2.2. Restraints
- 3.2.2.1. Quality Concerns in Online Delivery
- 3.2.2.2. Supply Chain Challenges
- 3.2.3. Opportunities
- 3.2.3.1. Cloud Kitchens & Digital Platforms
- 3.2.3.2. Specialty Coffee & Café Culture
- 3.2.4. Challenges
- 3.2.4.1. Competitive Pressure
- 3.2.4.2. Regulatory Compliance
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Saudi Arabia Food Service Market: Marketing Strategies
- 5. Saudi Arabia Food Service Market: Pricing Analysis
- 6. Saudi Arabia Food Service Market Overview
- 6.1. Market Size & Forecast, 2019–2031
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Type of Food Service
- 6.2.1.1. Full-Service Restaurants
- 6.2.1.2. Quick Service Restaurants (QSRs)
- 6.2.1.3. Cafés & Bars
- 6.2.1.4. Street Food & Kiosks
- 6.2.1.5. Cloud Kitchens/Ghost Kitchens
- 6.2.2. By Ownership
- 6.2.2.1. Independent Outlets
- 6.2.2.2. Chain Restaurants/ Franchises
- 6.2.3. By Distribution Channel
- 6.2.3.1. Dine-In Services
- 6.2.3.2. Takeaway
- 6.2.3.3. Online Delivery Platforms
- 6.2.3.4. Drive-thru Services
- 7. Competitive Landscape
- 7.1. List of Key Players and Their End Users
- 7.2. Saudi Arabia Food Service Market, Company Market Share Analysis, 2024
- 7.3. Competitive Benchmarking, By Oping Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- 8. Impact of Escalating Geopolitical Tensions on Saudi Arabia Food Service Market
- 9. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 9.1. Hardee’s Restaurants LLC
- 9.2. Americana Restaurants International PLC
- 9.3. Starbucks Corporation
- 9.4. Herfy Food Services Co. JSC, KSA
- 9.5. Yum! Brands, Inc.
- 9.6. KUDU Company for Food and Catering
- 9.7. Riyadh International Catering Corporation
- 9.8. McDonald’s Corporation
- 9.9. Restaurant Brands International Inc.
- 9.10. Shahia Food Limited Company
- 9.11. M.H. Alshaya Co. WLL
- 9.12. Domino’s Pizza, Inc
- 9.13. Papa John's International, Inc
- 9.14. ALBAIK Food Systems Company
- 9.15. Other Prominent Players
- 10. Key Strategic Recommendations
- 11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents
- 11.5. Assumption & Limitation
- *Financial information of non-listed companies will be provided as per availability
- **The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
- List of Figures
- Figure 1 Saudi Arabia Food Service Market Segmentation
- Figure 2 Saudi Arabia Food Service Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 Saudi Arabia Food Service Market Size, By Value (USD Billion), 2019–2031
- Figure 5 Saudi Arabia Food Service Market Share, By Type of Food Service, By Value (USD Billion) 2019–2031
- Figure 6 Saudi Arabia Food Service Market Share, By Ownership, By Value (USD Billion) 2019–2031
- Figure 7 Saudi Arabia Food Service Market Share, By Distribution Channel, By Value (USD Billion) 2019–2031
- List of Tables
- Table 1 Saudi Arabia Food Service Market Share, By Type of Food Service, By Value (USD Billion) 2019–2031
- Table 2 Saudi Arabia Food Service Market Share, By Ownership, By Value (USD Billion) 2019–2031
- Table 3 Saudi Arabia Food Service Market Share, By Distribution Channel, By Value (USD Billion) 2019–2031
- Table 4 Hardee’s Restaurants LLC Company Overview
- Table 5 Hardee’s Restaurants LLC Financial Overview
- Table 6 Americana Restaurants International PLC Company Overview
- Table 7 Americana Restaurants International PLC Financial Overview
- Table 8 Starbucks Corporation Company Overview
- Table 9 Starbucks Corporation Financial Overview
- Table 10 Herfy Food Services Co. JSC, KSA Company Overview
- Table 11 Herfy Food Services Co. JSC, KSA Financial Overview
- Table 12 Yum! Brands, Inc. Company Overview
- Table 13 Yum! Brands, Inc. Financial Overview
- Table 14 KUDU Company for Food and Catering Company Overview
- Table 15 KUDU Company for Food and Catering Financial Overview
- Table 16 Riyadh International Catering Corporation Company Overview
- Table 17 Riyadh International Catering Corporation Financial Overview
- Table 18 McDonald’s Corporation Company Overview
- Table 19 McDonald’s Corporation Financial Overview
- Table 20 Restaurant Brands International Inc. Company Overview
- Table 21 Restaurant Brands International Inc. Financial Overview
- Table 22 Shahia Food Limited Company: Company Overview
- Table 23 Shahia Food Limited Company Financial Overview
- Table 24 M.H. Alshaya Co. WLL Company Overview
- Table 25 M.H. Alshaya Co. WLL Financial Overview
- Table 26 Domino’s Pizza, Inc Company Overview
- Table 27 Domino’s Pizza, Inc Financial Overview
- Table 28 Papa John's International, Inc Company Overview
- Table 29 Papa John's International, Inc Financial Overview
- Table 30 ALBAIK Food Systems Company: Company Overview
- Table 31 ALBAIK Food Systems Company Financial Overview
Pricing
Currency Rates
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