Jackdaniel08 Aug, 2025Business
The Saudi Arabia Food Service Market size was valued at around USD 29 billion in 2024 and is projected to reach USD 50 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.5% during the forecast period, i.e., 2025-30. The main reason behind this growth is the increasing spending on food service. As the disposable income of people increases, they are inclined to spend more on multiple cuisines. For instance, as per the Saudi Central Bank, about 36% of the overall transactions made by its users are on food, beverages, restaurants, and cafes
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