The meal delivery market is currently the largest in Saudi Arabia and is expected to balloon up to over US $12.1 billion by 2028 due to both the population and spending capability.
In 2022, the average annual revenue per user per year (ARPU) was also the highest in Saudi Arabia, at over US $600 per person while it was the lowest in Egypt.
The ARPU in the Kingdom was more than 25.6 times the average revenue in Egypt and 1.7 times the average revenue in the UAE.
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.