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By Lucidity Insights Research Team • December 26, 2022
Q1 2021 was a record quarter with larger deal sizes going towards Foodtech start-ups; the first half of 2021 raised $22.3 million USD, almost the amount raised for the all of 2020.
Primed for Growth: Cloud Kitchens in the GCC
A look at the region’s role in a global industry that’s expected to be worth US$71.4 billion by 2027.
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Refers to the cross-section of Agriculture and Technology. It involves harnessing the power of technology to maximize productivity, yield, and overall efficiency.
What are the most populous cities across the GCC
What are the UAE’s Online Food Delivery Market Trends?
How do GCC Countries compare for Online Food Delivery Market Size and future forecasts?
Out of the 64 foodtech unicorns in the world (up to June 2021), nearly half or 31 unicorns were food delivery companies. Dubai-based cloud-kitchen start-up,
Discover which GCC countries are major battlegrounds for food delivery and cloud kitchen players, and learn why some countries have lower adoption rates.
Learn why Saudi Arabia is the most appealing market for consumer-tech start-ups in the GCC, followed by the United Arab Emirates.
Kuwait has the highest average revenue per online food delivery user in the region, and is home to Talabat and KLC – who are regional heavy-weights.
Saudi is the most populous country with the largest online food delivery market in the GCC comprises 45% of the market and forecasts the largest growth in 2025.
Cloud Kitchens are streamlined commercial kitchens designed specifically with food delivery in mind... and it's taking the world by storm.
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