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Saudi Arabia’s Food Delivery Market: A $14.9 Billion Industry by 2028

Saudi Arabia’s Food Delivery Market: A $14.9 Billion Industry by 2028

By Pierrick Ribes 06 June 2024

As Saudi Arabia’s food delivery sector matures, it presents a landscape ripe with innovation, growth, and transformation. The Kingdom’s food delivery market, already valued at $10 billion in 2023, is forecasted to reach an impressive $14.9 billion by 2028, fueled by the dynamism of startups capturing significant VC investments and interests from global competitors.

This market has been evolving and is forecasted to keep evolving driving by changing modern Saudi consumer’s demands. The bifurcation of the market into meal and grocery delivery segments reflects broader shifts in consumer behavior and technological adoption. 

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Mentioned Startup & VC Profiles
Nana Direct

Nana Direct

Grocery shopping and delivery platform that offers grocery and other home essentials delivery.

HungerStation

HungerStation

Hunger Station is a website that lets users find food deals and specials in Saudi Arabia.

Related Report

Saudi Food Delivery Special Report

The Future of Food Delivery in Saudi Arabia

The KSA food delivery market, worth US $10 billion in 2023, is expected to hit $14.9 billion by 2028, with food-delivery startups playing a central role in driving that growth, capitalizing on shifting consumer needs. These emerging companies have captured 45% of the $600 million investment in the KSA Foodtech sector, signaling a significant transformation in dining experiences and underscoring their essential role in shaping the future of food delivery in Saudi Arabia.

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