20 May 2024•
The grocery delivery market is expected to grow to US $2.8 billion by 2028 at an 18.2% CAGR; a growth rate 3 times higher than the 6% CAGR of the meal delivery market.
This growth is driven by the fact that grocery delivery is still in its infancy in Saudi, due to the segment coming later into the Saudi market.
There are a growing number of grocery delivery players in the space such as Nana and Ninja, and Saudi is still witnessing the early days of changing consumer habits towards online grocery shopping.
Moreover, incumbent retailers such as Panda and Al Rawa are yet to enter the market with their e-commerce operations, which will further sustain that growth.
We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.