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Saudi Arabia Food Service Market Size, Share, Growth & Forecast 2025

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.Visit: https://bit.ly/3aCIsCi

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Saudi Arabia Food Service Market Size, Share, Growth & Forecast 2025

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  1. 2015 – 2025 SAUDI ARABIA FOOD SERVICE MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

  2. Scope of Report Product of Interest (POI): Food Services 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. Market Segmentation Saudi Arabia Food Service Market Saudi Arabia Food Service Market Year Range TYPE Review Period Dining Services • PBCL • 2015 – 2018 QSR • Base Year Café • Others • 2019 REGION Estimated Year Makkah • 2020 Riyadh • Forecast Period Eastern Province • Rest of Saudi Arabia • 2021 – 2025 2

  3. Table of Contents S. No. Contents Page No. 1. Product Overview (Definition of product and major terminologies used in the report) Research Methodology (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys) 2. 3. Executive Summary 4. Global Food Services Market Overview 5. Saudi Arabia Food Service Market Outlook Market Size & Forecast 5.1. 5.1.1. By Value & Volume 5.2. Market Share & Forecast By Type(Dinning Services, PBCL (Pubs, Bars, Clubs & Lounges), QSR (Quick Service Restaurants), Café & Others) 5.2.1. 5.2.2. By Region 5.2.3. By Company(2019) Product Market Map 5.3. 5.3.1. By Type 5.3.2. By Region 6. Saudi Arabia Dinning Services Market Outlook Market Size & Forecast 6.1. 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Value 3

  4. Table of Contents S. No. Contents Page No. 7. Saudi Arabia PBCL Market Outlook Market Size & Forecast 7.1. 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Region 8. Saudi Arabia QSR Market Outlook Market Size & Forecast 8.1. 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By Region 9. Supply Chain Analysis 10. Import Export Analysis 11. Market Dynamics (This chapter assesses the major demand drivers and restraints.) 11.1. Drivers 11.2. Challenges Market Trends & Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) 12. 13. Policy & Regulatory Landscape 14. Saudi Arabia Economic Profile 15. Impact of COVID-19 on Saudi Arabia Food Service Market 4

  5. Table of Contents S. No. Contents 16. Competitive Landscape 16.1. McDonald’s Corporation 16.2. Pizza Hut 16.3. Burger King 16.4. Domino’s Pizza 16.5. Herfy Fast Food 16.6. Subway 16.7. Kudu 16.8. Al-Baik Chicken 16.9. Al Ahlia Restaurants Company 16.10. Tony Roma’s Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share) 17. 18. About Us & Disclaimer 5

  6. RESEARCH METHODOLOGY

  7. Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the Saudi Arabia Food Service Market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the Saudi Arabia Food Service Market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Final Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 7

  8. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the Saudi Arabia food service market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing urbanization, rapid expansion in food delivery services. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the Saudi Arabia food service market. Methodology Followed for Calculation of Market Size: Market Size By Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive • secondary research and primary surveys, with various key opinion leaders/stakeholders, such as food manufacturer & supplier companies, channel partners, market influencers & end users, industry experts, and other industry participants. The team interviewed more than 15 – 20 companies, 45 – 50 channel partners, 80 – 100 end users, and 15 – 20 Industry experts and other value • chain stakeholders in the Saudi Arabia food service market to obtain the overall market size for 2015-2019, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019. 8

  9. Research Methodology Respondents were asked about the current and future market growth rates, market shares by type, by each region. Removing the outlier responses, • the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market shares by type. by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of Saudi Arabia food service market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Saudi Arabia food • service market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 9

  10. Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. Partial List of Companies Interviewed Key Secondary Sources ▪ McDonald’s Corporation ▪ World Bank ▪ Pizza Hut ▪ TechSci Research Proprietary Database & Knowledge ▪ Burger King Repository Domino’s Pizza ▪ Company Annual Reports ▪ ▪ Herfy Fast Food ▪ Industry Magazines ▪ Subway ▪ Industry Reports ▪ Kudu ▪ News Dailies ▪ Al-Baik Chicken ▪ Credible Paid Databases Al Ahlia Restaurants Company ▪ ▪ Tony Roma’s 10

  11. Industry Brief According to recently released TechSci Research report, “Saudi Arabia Food Service Market, By Type, By Region, By Company, Forecast & Opportunities, 2025”, food service market in Saudi Arabia is projected to grow from an estimated $ 11.6 billion in 2019 to $ 13.7 billion by 2025 on account of rising disposable income, growing awareness about healthy lifestyle, increasing number of working women and rising internet penetration. Moreover, changing consumer tastes and preferences coupled with growing tourism in Saudi Arabia is also boosting the country’s food service market. Over the last few years, the culture of eating out has witnessed a significant growth in Saudi Arabia. Moreover, the market has also been witnessing a rising trend of home delivery as well as an increasing number of consumers developing taste for foreign origin cuisines. Food services market in Saudi Arabia is categorized into Dinning Services, PBCL (Pubs, Bars, Clubs & Lounges), QSR (Quick Service Restaurants) and Cafes & Others. Among these segments, Quick Service Restaurant segment accounted for the largest share in Saudi Arabia food service market in 2019, followed by Dining Services. With the growing popularity of fast foods and casual dining, chained consumer food services are growing at a fast pace across the country. Dining Services restaurants are increasing in number in Saudi Arabia, with rising presence of international brands, like Applebee’s, Outback Steak House, Chilis, etc. In terms of region, Saudi Arabia food service market is categorized into Northern, Southern, Central, Western and Eastern regions. Western region was the country’s largest food service market in 2019, followed by Central region on account of increasing tourism and brand expansions in these regions. Western and Central regions cumulatively account for around two-thirds of the country’s food service market, and this trend is expected to continue in the coming years. Few of the major food service market players operating in Saudi Arabia 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. “Saudi Arabia food service market is expected to grow at a rapid pace due to increasing urbanization, rising tourism and growing presence of international food service brands across the country. Also, due to the increasing number of working women, changing customers tastes & preferences, rising focus of leading players on product quality and international brand expansions, the food service market in the country is expected to continue growing over the next five years.”, said Mr Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm. 11

  12. Sample Data - Snapshot Saudi Arabia Food Service Market Size, By Value (USD Million), 2015-2025F 15.00 14.00 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00 5.00 2015 2019 2020E 2025F CAGR BY VALUE: XX% CAGR BY VALUE: XX% By Value (USD Million) Saudi Arabia Food Service Market Share, By Region, By Value, 2019 & 2025F 25% 25% 25% 25% 2019 2025F 25% 25% 25% 25% Makkah Riyadh Makkah Riyadh Saudi Arabia Food Service Market Share, By Company, By Value, 2019 100% 25% 18% 20% 17% 12% 8% Total Company 1 Company 2 Company 3 Company 4 Company 5 Others 12

  13. Report Ordering Report Name: SAUDI ARABIA FOOD SERVICE MARKET FORECAST & OPPORTUNITIES 2015 – 2025 License Type Single User License Price $3450 Multi-User License Custom Research License $4450 $8450 To View Sample OR Purchase Report 13

  14. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Vietnam Food Services Market By Type (Full Service Restaurants (FSRs), Cafes and Bars, Street Kiosks, Fast Food, 100% Home Delivery Restaurants, Others), By Structure (Independent Consumer Foodservice, Chained Consumer Foodservice), By Region, Forecast & Opportunities, 2025 • Australia Chocolate Market By Product Type (Milk Chocolate, Dark Chocolate and White Chocolate), By Category (Tablets, Boxed Chocolates, Countline and Others), By Distribution Channel, Competition, Forecast & Opportunities, 2013 – 2023 • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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