Saudi Arabia Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027

Saudi Arabia Foodservice Market Report Overview

The Saudi profit sector recorded sales of SAR104.2 billion ($27.8 billion) in 2022.  The rise of religious tourism and the resumption of sports competitions and other events helped boost the number of tourist arrivals in 2022.  During 2022–27, the Saudi profit sector will register a strong CAGR of over 5% supported by an increase in tourist arrivals. Furthermore, the steps taken by the Saudi government to promote travel and tourism positively impacted hotels, restaurants, and cafés.

Saudi Arabia Foodservice Profit Sector Outlook 2022-2027, (SAR Billion)

Buy the Full Report for More Insights on the Saudi Arabia Foodservice Market Forecast
Download A Free Sample Report

The Saudi Arabia foodservice market research report provides an in-depth evaluation of the food service market in the country, including an analysis of the key issues impacting the market, and the opportunities this presents for the sector participants. The report includes data and forecast of key channels (QSR, FSR, coffee & tea shop, and pub, club & bar) within the Saudi Arabia foodservice market and gives an overview of market leaders within the four major channels.

Saudi Arabia Foodservice Market Trends

• Revival of the market: Consumers who avoided foodservice outlets due to the pandemic induced restrictions started visiting restaurants again in 2022.
• Market entry of International Brands: Saudi Arabia has become a tourist hotspot thereby encouraging international brands to enter the market.
• Social Responsibility: Consumers are attracted to operators that demonstrate a genuine commitment to making a positive social impact.

Buy the Full Report for more Insights into the Saudi Arabia Foodservice Market Trends
Download A Free Sample Report

Saudi Arabia Foodservice Market Segmentation by Profit Sector Channels

QSR was the largest profit sector channel in 2022 by value sales.

The key profit sector channels in the Saudi Arabia foodservice market are QSR, FSR, retail, coffee & tea shops, accommodation, and workplaces among others. QSR was the leading profit sector channel in 2022, followed by FSR, and retail. Factors such as rising tourism and the penetration of international brands in the market will contribute to the channel’s growth. The rise of religious tourism and the resumption of sports competitions and other events helped boost the number of tourist arrivals from significantly in 2022. The increase in tourist arrivals supported the growth of foodservice establishments. Furthermore, the steps taken by the Saudi government to promote travel and tourism positively impacted hotels, restaurants, and cafés. The mobile operator channel registered strong growth in the last few years, thanks to its high popularity among Saudis. During the forecast period, the Saudi profit sector will register a strong CAGR, and the number of transactions will also rise in the coming years.

Saudi Arabia Foodservice Market Analysis by Profit Sector Channels, 2022 (%)

Buy the Full Report for More Channel Insights into the Saudi Arabia Foodservice Market
Download A Free Sample Report

Saudi Arabia Foodservice Market Segmentation by Cost Sector Channels

The key cost sector channels in the Saudi Arabia foodservice market are military & civil defense, healthcare, education, welfare & services, and complimentary services. Education was the largest cost sector in 2022, followed by military & civil defense and welfare & services.

Saudi Arabia Foodservice Market Analysis by Cost Sector Channels, 2022 (%)

Buy the Full Report for More Cost Sector Insights into the Saudi Arabia Foodservice Market
Download A Free Sample Report

Saudi Arabia Foodservice Market – Competitive Landscape

McDonald’s was the largest QSR operator in the country.

Some of the key foodservice companies in Saudi Arabia are:

• McDonald’s
• Domino’s Pizza
• Savola
• Yum! Brands
• Brinker International

In 2022, McDonald’s was Saudi Arabia’s largest fast-food chain. The chain entered the Saudi foodservice market in 1993. As of 2022, it operated 371 outlets across the country. These are primarily located at premium, urban locations, including shopping malls. McDonald’s has introduced new experiences such as kiosks, contactless payments, and digitalized outlets.

Saudi Arabia Foodservice Market Analysis by Competitors

Buy the Full Report for Additional Insights into Saudi Arabia Foodservice Market Players
Download A Free Sample Report

Saudi Arabia Foodservice Market – Latest Developments

• The country’s “Vision 2030” initiative to diversify economic development by focusing on non-oil industries gave added importance to the travel, tourism, and hospitality industries.
• The food truck business is increasingly popular in Saudi Arabia, as it is considered a trendy alternative to the traditional takeaway. The country hosts various food truck festivals every year, which attract many consumers looking to experiment and try something unique. This has supported the strong growth of mobile operators.

Segments Covered in the Report

Saudi Arabia Foodservice Market Outlook by Profit Sector Channel (Value SAR Billion, 2017-2027)

• Full-service Restaurants (FSR)
• Quick-service Restaurants (QSR)
• Pub, Club & Bar
• Retail
• Accommodation

Saudi Arabia Foodservice Market Outlook by Cost Sector Channels (Value, SAR Billion, 2017-2027)

• Military & Civil Defense
• Healthcare
• Education
• Welfare & Services
• Complimentary Services

Scope

The report includes –

• Overview of Saudi Arabia’s macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the Saudi Arabian foodservice market including GDP per capita, consumer price index, population growth, and annual household income distribution.
• Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, coffee & tea shop, and pub, club & bar) within the Saudi Arabian foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
• Customer segmentation: Identify the most important demographic groups, buying habits, and motivations that drive out-of-home meal occasions among segments of the Saudi Arabian population.
• Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.

Reasons to Buy

• Specific forecasts of the foodservice market over the next five years will give readers the ability to make informed business decisions through identifying emerging/declining markets.
• Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, coffee & tea shop, and pub, club & bar) will allow readers to understand the wants and needs of their target demographics.