Market Overview:

The Saudi Arabia food service market size was valued at USD 31.69 billion in 2024. The market is projected to grow from USD 34.45 billion in 2025 to USD 61.77 billion by 2032, exhibiting a CAGR of 8.70% during the forecast period.

The food service market in Saudi Arabia is growing at a rapid pace, driven by key Saudi Arabia food service market Trends. For instance, the demand for home delivery services is rising each year across the country, and consumers are also increasing their intake of takeaway foods. The number of food and shopping malls has grown tremendously across the country over the last few years, spreading from major hubs to tier 2 and tier 3 cities. Saudi Arabia is also witnessing a strong rise in the trend of opening food outlets in shopping malls. These factors, combined with rising household incomes and the convenience offered by fast food, will not only boost market growth but are also expected to impact the Saudi Arabia food service market share.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Starbucks Corporation (U.S.)
• Yum! Brands, Inc. (U.S.)
• McDonald’s Corporation (U.S.)
• Restaurant Brands International Inc. (Canada)
• Domino’s Pizza, Inc. (U.S.)
• Papa John's International, Inc. (U.S.)
• ALBAIK Food Systems Company Ltd. (Saudi Arabia)
• Herfy Food Services Co. JSC, KSA. (Saudi Arabia)
• KUDU Company for Food and Catering (Saudi Arabia)
• Hardee’s Restaurants LLC (U.S.)

Segmentation:

Vast Variety in Menu to Increase Customers’ Preference for Full Service Restaurants

Based on type, the market is segmented into full service restaurants, quick-service restaurants, institutes, and others. The full service restaurant segment captured a dominant Saudi Arabia food service market share as families and corporate gatherings prefer these restaurants due to their vast variety in menu. The quick-service restaurant (QSR) segment holds the second-largest share and is expected to grow considerably, driven by the expansion of fast-food chains.

Dine-in Segment to Dominate Due to Tourist Footfall and Local Cuisine Appeal

By service type, the market is segmented into dine-in, takeaway, and delivery. The dine-in segment leads the market, largely driven by tourists who prefer visiting restaurants to experience local Turkish, Middle Eastern, and Asian cuisines. While dine-in is expected to maintain its dominance, the online food delivery segment is poised for significant growth due to urbanization and changing millennial lifestyles.

Source: https://www.fortunebusinessinsights.com/saudi-arabia-food-service-market-106896