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Saudi Arabia Food Delivery Market Size
The food delivery market in Saudi Arabia was estimated to be worth US $10 billion in 2023 and is expected to grow to US $14.9 billion by 2028 growing at a 8.1% compound annual growth rate. The meal delivery segment drives the lion’s share of the market at 88% in 2023 but it has been losing share to the grocery delivery segment driven by new entrants and changing grocery consumer habits.
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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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The Complete History and Evolution of Food Delivery in Saudi Arabia
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