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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. 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. Visit : https://bit.ly/3aCIsCi
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MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
2015 – 2025
SAUDI ARABIA FOOD SERVICE MARKETFORECAST & OPPORTUNITIES
2
Scope of ReportProduct of Interest (POI): Food Services
Review Period
2015 – 2018
Base Year
2019
Estimated Year
2020
Forecast Period
2021 – 2025
Year RangeSaudi Arabia Food Service
Market
REGION
Saudi Arabia food service market is projected to grow from an estimated $ 11.6billion in 2019 to $ 13.7 billion by 2025. Market growth is anticipated on accountof increasing urbanization, rapid expansion in food delivery services, anincreasing number of young adults & working population, rising disposableincome in Saudi Arabia.
Market Segmentation
TYPE
• Dining Services
• PBCL
• QSR
• Café
• Others
• Makkah
• Riyadh
• Eastern Province
• Rest of Saudi Arabia
3
Table of Contents
S. No. Contents Page No.
1. Product Overview (Definition of product and major terminologies used in the report)
2.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)
3. Executive Summary
4. Global Food Services Market Overview
5. Saudi Arabia Food Service Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1.By Type(Dinning Services, PBCL (Pubs, Bars, Clubs & Lounges), QSR (Quick
Service Restaurants), Café & Others)
5.2.2. By Region
5.2.3. By Company(2019)
5.3. Product Market Map
5.3.1. By Type
5.3.2. By Region
6. Saudi Arabia Dinning Services Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Value
4
S. No. Contents Page No.
Table of Contents
7. Saudi Arabia PBCL Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Region
8. Saudi Arabia QSR Market Outlook
8.1. Market Size & Forecast
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
12.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)
13. Policy & Regulatory Landscape
14. Saudi Arabia Economic Profile
15. Impact of COVID-19 on Saudi Arabia Food Service Market
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
17.Strategic Recommendations (Based on the findings of the report strategic recommendations on howto enter and expand market share)
18. About Us & Disclaimer
RESEARCH METHODOLOGY
7
Research Methodology
✓ Identifying Key Opinion
Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data Collection
Developing List of Respondents
Formulating Questionnaire
Market Profiling
Data Validation
Data Analysis
In-depth secondary research was conducted to
determine top players in the Saudi Arabia Food Service Market, overall
market size and segmental market size.
In order to conduct industry experts’
interviews, TechSci formulated a detailed
discussion guide.
List of industry players and industry
specialists was developed.
TechSci conducted interviews with
industry experts and industry players for data collection and
verification.
Data obtained as a result of primary and secondary research was
validated through rigorous
triangulation.
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
Collection
Data Filter
& AnalysisResearch &
Intelligence
Actionable
InsightsBusiness
Solution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Final Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn✓ TechSci Internal
Database
✓ Factiva✓ Hoovers
Paid Sources
✓ Company Websites✓ Company Annual
Reports✓ White Paper Study✓ Financial Reports✓ Investor
Presentations✓ Regulatory Body✓ Associations, etc.
Secondary Research
Primary Research
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.
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
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
▪ Pizza Hut
▪ Burger King
▪ Domino’s Pizza
▪ Herfy Fast Food
▪ Subway
▪ Kudu
▪ Al-Baik Chicken
▪ Al Ahlia Restaurants Company
▪ Tony Roma’s
▪ World Bank
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Magazines
▪ Industry Reports
▪ News Dailies
▪ Credible Paid Databases
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.
12
Sample Data - Snapshot
Saudi Arabia Food Service Market Size, By Value (USD Million), 2015-2025F
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
2015 2019 2020E 2025F
By Value (USD Million)CAGR BY VALUE: XX% CAGR BY VALUE: XX%
Saudi Arabia Food Service Market Share, By Region, By Value, 2019 & 2025F
25%
25%25%
25%
2019
Makkah Riyadh
25%
25%25%
25%
2025F
Makkah Riyadh
Saudi Arabia Food Service Market Share, By Company, By Value, 2019
100%
25%
20%
17%12%
8%
18%
Total Company 1 Company 2 Company 3 Company 4 Company 5 Others
13
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Report Name: SAUDI ARABIA FOOD SERVICE MARKETFORECAST & OPPORTUNITIES
2015 – 2025
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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.
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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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