The culinary scene, from kitchen clouds to doorstep delights, is a captivating playground for investors across the Gulf, and Saudi Arabia is stealing the show.
With “Expo 2030” on the horizon and Vision’s lofty goals, Saudi Arabia’s restaurant realm is gearing up for a taste bud takeover. Picture this: in 2023, a whopping 4,000 new eateries joined the party, pushing the kingdom’s culinary count to a staggering 70,000—a 5% jump from the previous year.
But wait, there’s more! Fast food fever is on the rise, with a hefty $8.7 billion bite out of the Saudi market. And get this: by 2029, it’s projected to balloon to a whopping $14.6 billion—talk about a feast fit for royalty!
But it’s not just about burgers and fries. In a meaty showdown, chicken has claimed the throne, overthrowing beef as the kingdom’s protein of choice. And guess what? Restaurants are scrambling to spice up their menus with all things poultry.
Meanwhile, the burger brigade is gearing up for a sizzling showdown, with juicy growth forecasts making taste buds tingle. And who can resist the sweet allure of ice cream? With a lip-smacking 10% growth rate, it’s a scoop of success for dessert lovers everywhere.
But hold onto your hats because the real heroes of the culinary kingdom are the home-delivery champions, raking in a cool $2 billion last year alone. And with projections soaring to a mouthwatering $2.3 billion by year-end, it’s a race to satisfy appetites like never before.
And guess what? This culinary frenzy isn’t just about good food—it’s about jobs too! With a whopping 680,000 individuals employed, including proud Saudis, the kingdom’s dining scene is serving up opportunities left, right, and center.
Fueling this culinary revolution is Foodics, a Saudi startup on a mission to spice up the restaurant game. With their eyes set on a $45 billion banquet by 2030, it’s a delicious journey into the future of dining fit for a king.
