By Lucidity Insights Research Team • July 11, 2024
The Diverse Landscape of Food Delivery Startups in Saudi Arabia
Discover the fascinating history of food delivery in Saudi Arabia. This video looks back at the market's key milestones and the notable turning points, from the early days of Talabat to the rapid expansion of Nana and the rise of giants such as Jahez and HungerStation. Learn about the impact of COVID-19, major funding rounds, and the introduction of innovative services like quick commerce. We also discuss significant players' strategic maneuvers, technological breakthroughs, and future ambitions. Find out how partnerships and advancements are reshaping the industry. Watch the video now to see how food delivery in Saudi Arabia is evolving!
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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.
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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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Saudi Arabia's grocery delivery market is expected to double by 2029, driven by increased female workforce participation and evolving consumer habits.
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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.
