
Published 2022-11-22
The Saudi Arabia food service market is projected to grow from $14.16 billion in 2022 to $30.47 billion by 2029, at a CAGR of 11.57%
The Saudi Arabia food service market size was USD 12.57 billion in 2021. The market is projected to grow from USD 14.16 billion in 2022 to USD 30.47 billion by 2029, exhibiting a CAGR of 11.57% during the 2022- 2029 period.
Moreover, rising demand for home delivery and increased surge for eating outside in food premises, further fuels the market growth. Thus, the increased adoption of this market in the food industry positively impacted the market’s growth.
Source: Fortune Business Insights
Curated by the Foodex Saudi team from market coverage of the Saudi and GCC food & beverage sector.
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