Saudi Arabia Food Service Market Research Report Forecast to 2025
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Food Service Market, By Type (Dining Services, PBCL (Pubs, Bars, Clubs & Lounges), QSR (Quick Service Restaurants) and Cafes & Others), By Region, By Company, Competition, Forecast & Opportunities, 2025”under Food Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Saudi Arabia Food Service Market is projected to grow from an estimated $ 11.6 billion in 2019 to $ 13.7 billion by 2025. Market growth is anticipated on account of increasing urbanization, rapid expansion in food delivery services, an increasing number of young adults & working population, rising disposable income in Saudi Arabia.
Saudi Arabia food service market is categorized into Dining Services, PBCL (Pubs, Bars, Clubs & Lounges), QSR (Quick Service Restaurants) and Cafes & Others. QSR segment holds the largest share in the market with the growing popularity of fast foods and casual dining in the country. Chained consumer food services are growing at a fast pace, followed by Dining Services in Saudi Arabia food service market. Number of dining restaurants are rising in Saudi Arabia, with international brands like Applebee’s, Outback Steak House, Chilis, and TGI Fridays, marking their presence. The global chains have followed the strategy of customization and localization through intelligent modifications in their menus.
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Western region dominated the country’s food service market, followed by Central region in 2019. Both of these regions are expected to continue their dominance during the forecast period. Some of the major players operating in Saudi Arabia food services market include Al Ahlia Restaurants Company, Pizza Hut, McDonald’s, Burger King, Subway, Domino’s Pizza, Herfy Fast Foods, Kudu, Tony Roma’s, Al-Baik Chicken, among others. Famous global brands operating in Saudi Arabia food service market include Domino’s Pizza, McDonald's, Café Coffee Day, KFC (Kentucky Fried Chicken), Pizza Hut, Burger King, Starbucks, Dunkin’ Donuts, Costa Coffee, Subway and others.
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Last Update : May 06, 2020 6:51 AM
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