Press release
Saudi Arabia Foodservice Market Rising Demand with Future Growth Opportunity and Comprehensive Outlook by Top Company Profile with Top Regions and Top Countries Data 2021
The Foodservice market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers detailed market analysis to provide a 360-degree research study on the Foodservice Foodservice market. Some of the tools used for this are SWOT, PESTEL and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Foodservice from 2021 till 2026.Request for PDF Brochure:
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Saudi Arabia foodservice market is forecasted to reach USD 31.6 billion by 2024 growing at a CAGR of 5.9% during the forecast period (2019 - 2024).
Market Overview
Saudi Arabia foodservice market offers the services provided by the full-service restaurant, fast food, Catering or Institutional Food Sector restaurant, cafe, and structured as independent consumer foodservice, chained consumer foodservice
Top leading Manufactures Profiled in Foodservice Market Report are:
KFC, McDonalds, Pizza Hut, Burger King, and Domino's Pizza have a prominent presence in the country. Other local chains, such as Herfy, Al-Beck, Shawaya House, Taza, Dajen, and Kudo, are gaining popularity and continue to expand in major urban areas.
Regional Analysis for Foodservice Market:
For a comprehensive understanding of market dynamics, the Foodservice Foodservice market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.
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Foodservice Foodservice Market: Competitive Landscape
Increase In Home Delivery and Take Away Services
The KSA food home delivery service market is driven by an increase in the number of acquisitions and mergers of existing restaurants. HungerStation, an online food delivery service, was acquired by Hellofood, a division of Food Panda, an online food delivery service provider. Further, in 2015, Food Panda fully acquired 24.ae, an online food-ordering marketplace in the Middle East, to expand its presence in the fast-growing online food delivery market. Otlob.com, one of the leading online food delivery platforms in Saudi Arabia, offers a wide range of around 400 restaurants in its menu on its mobile application.
Frequently Asked Questions about the Foodservice market:
– What are the recent developments and government policies?
– What are the top trends in the Foodservice market?
– What is the growth rate of the market?
– Which Is the Most potential market segment?
– Which are the top industry players in the Foodservice market?
– Which region would offer high growth for vendors in the market?
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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