By Lucidity Insights Research Team • July 19, 2024
Saudi Grocery Delivery Market Set for Major Growth by 2028
Explore the rapid growth of Saudi Arabia's grocery delivery market, set to double by 2029. The increase in female workforce participation, driven by Vision 2030 reforms, has led to busier lifestyles and a booming demand for grocery delivery services. Key players like Nana, which has secured significant funding, and Danube are at the forefront of this transformation. Learn about the different segments of grocery delivery, including retail delivery, quick commerce, and meal-kit delivery. Understand how this sector's expansion is reshaping Saudi Arabia's economy and lifestyle, offering new opportunities for growth and innovation. Watch the video to see the future of grocery delivery in Saudi Arabia.
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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.
Other Videos
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Explore HungerStation's journey from a bold startup in 2012 to a leader in Saudi Arabia's $10 billion food delivery market, leveraging technology and growth.
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Discover the full history of food delivery tech in the KSA, including key players & milestones. Learn how HungerStation, Nana, and others shaped the industry.
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Watch the history and future of food delivery in Saudi Arabia's $10B market. Discover key players like HungerStation, Jahez and Nana transforming the industry.
