𝗞𝗦𝗔 𝗙𝗼𝗼𝗱 𝗔𝗴𝗴𝗿𝗲𝗴𝗮𝘁𝗼𝗿 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝘁 𝘁𝗼 𝗗𝗼𝘂𝗯𝗹𝗲, 𝗥𝗲𝗮𝗰𝗵𝗶𝗻𝗴 𝟯𝟳𝗕𝗻 𝗦𝗔𝗥 𝗯𝘆 𝟮𝟬𝟯𝟬!
The Food Aggregator market in Saudi Arabia is flourishing, currently valued at 16 Bn SAR with further growth anticipated. Online ordering witnessed a surge during the pandemic, reaching 800K daily orders in 2023, driven by workforce expansion and increasing disposable income.
Leading the charge in the food aggregator market are Jahez International Company and HungerStation | هنقرستيشن, commanding approximately 70% market share. Jahez dominates the central region, while Hungerstation maintains its stronghold elsewhere. Emerging players like Noon Food and Ninja 🥷🏽 نينجا are also gaining traction, highlighting the market's vast potential.
According to Redseer, over 50% of consumers express willingness to invest more in food aggregators, with projected market value soaring to SAR 37 Bn by 2030. Additionally, soaring Net Promoter Scores (NPS) contribute to the market's optimism.
As food delivery becomes an integral part of daily life, the Saudi Arabian market is poised to achieve a significant milestone: delivering one million smiles daily by 2024. In light of this, we present our latest sectoral perspective report – “𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮'𝘀 𝗙𝗼𝗼𝗱 𝗔𝗴𝗴𝗿𝗲𝗴𝗮𝘁𝗼𝗿 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗗𝗲𝗹𝗶𝘃𝗲𝗿 𝗠𝗶𝗹𝗹𝗶𝗼𝗻𝘀 𝗼𝗳 𝗦𝗺𝗶𝗹𝗲𝘀 𝗣𝗲𝗿 𝗗𝗮𝘆 𝗶𝗻 𝟮𝟬𝟮𝟰”.
However, amidst this growth, a critical question emerges: Has the Saudi food delivery market reached its peak, or does it still hold untapped potential for further expansion? Our report aims to provide answers by exploring existing opportunities and identifying emerging consumer segments.
You can access the full report in the comments below.
For more insights and discussions, please reach out to Abhishek Rajput.
MRSOOL | مرسول ToYou | تويو The Chefz Careem Delivery Hero
#FoodAggregators #MarketTrends #KSA #Jahez #Hungerstation #OnlineOrdering #Delivery #FoodTech #FoodDelivery
ENGENHEIRO DE OBRAS,SERVIÇOS ,FISCALIZAÇÃO E OPERAÇÃO DE UNIDADES FABRÍS.
3wTrabalhei muito com as embalagens Tetra,sistema seguro,limpo e muito produtivo.