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Tech Feeding Frenzy: Exploring Saudi Arabia’s Booming Food Delivery Economy

Tech Feeding Frenzy: Exploring Saudi Arabia’s Booming Food Delivery Economy

By Erika Masako Welch 20 May 2024

Food delivery with a touch of a button on our smartphones feels like it’s been an integral part of most of our city dwelling lives.

Just like ordering an Uber to the airport, many tech startups have honed-in on delivering digital efficiency and convenience and applying it across a variety of daily services such as dry-cleaning and laundry pick-up or home cleaning and maid services. The pandemic accelerated the adoption of online ordering practices, and at the end of 2023, the entire global online food delivery industry was estimated to be worth over US $1 trillion. What’s more, it is expected to grow to US $1.8 trillion by 2029.

Despite there being over a billion food delivery app downloads around the world today, these food delivery companies are still a relatively new phenomenon. After all, the first

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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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