Saudi Arabia online food
ordering and delivery market was valued at USD 511.21 Million
in the 2020 which is forecast to grow at 10.05% CAGR during 2021 – 2026. Even
after the challenge of pandemic in the 2020, the market showed a consistent
growth. Digitization, and emergence of advanced online services is expected to
drive the Saudi Arabia online food ordering and delivery market in the next
five years. New age generation-Z leads a hectic life and the convenience for
saving the time is a major factor for the growing popularity of online food
ordering and delivery market of Saudi Arabia.
The online food delivery
services offer greater convenience to the users as the users can shuffle
through several restaurants, food items, and different cuisines at a single
tough point, sitting in their home, office, or any other place of convenience.
Moreover, the users can receive in-depth information regarding their food, can
compare the food and price options, access feedback from previous buyers, avail
various promotional schemes/offers, track the delivery person, make payment
through various options like online payment, e-wallet payment, Cash on Delivery
(CoD), and enjoy various other benefits through online food ordering. Most
importantly the online food delivery services enable the users to enjoy hassle
free food, helping them to save time and energy, which acts as a major driver
for the market.
Saudi Arabia online food
ordering and delivery market is segmented by operation type, by source, by
payment, and by region. Based on operation type, the market is bifurcated into
food aggregator and restaurants. Food aggregators led the market in 2020 and
the trend is likely to continue until 2026 due to convenience and wide range of
options to choose from.
Major players
operating in Saudi
Arabia online food ordering and delivery market include Talabat, Hunger
Station, Careem, Jahez, Mrsool Inc, Jahez, Lugmety, Toyou, Mathagi, The Chefz,
Wssel, among others.
Years
considered for this report:
Historical
Years: 2016 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period:
2022 – 2026
Objective of the Study:
- To analyze and
forecast the market size of Saudi Arabia online food ordering and delivery market from 2016 to 2019.
- To estimate and forecast the market size of Saudi Arabia
online food ordering and delivery market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast Saudi
Arabia online food ordering and delivery market based on operation type, source, payment,
region and company.
- To identify dominant region or segment in the Saudi Arabia
online food ordering and delivery market.
- To identify drivers and challenges for Saudi Arabia
online food ordering and delivery market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia
online food ordering and delivery market.
- To identify
and analyze the profile of leading players operating in Saudi Arabia
online food ordering and delivery market.
- To identify key sustainable strategies adopted
by market players in Saudi Arabia online food
ordering and delivery market.
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TechSci Research performed both
primary as well as exhaustive secondary research for this study. Initially,
TechSci Research sourced a list of suppliers across the country, vendors, and
end users. Subsequently, TechSci Research conducted primary research surveys
with the identified companies. While interviewing, the respondents were also
enquired about their competitors. Through this technique, TechSci Research
could include the service providers which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the suppliers,
vendors, distribution channels and presence of all major players across the
country.
TechSci Research calculated the
market size of Saudi Arabia online food ordering and
delivery market using a bottom-up approach, wherein data for various end-user segments
was recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analyzing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company websites, news articles, press releases, company annual
reports, investor presentations and financial reports were also studied by
TechSci Research.
Key Target Audience:
- Food aggregators, restaurants, delivery
service providers, food vendors, and other stake holders.
- Distributers and suppliers for restaurants
and food e-commerce businesses and other stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances
related to online food ordering and restaurant-based market.
- Market research and consulting firms
The study is useful in providing
answers to several critical questions that are important for the industry
stakeholders such as service providers, vendors, suppliers, end users, etc.,
besides allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, Saudi Arabia online food ordering and delivery market has been
segmented into following categories, in addition to the industry trends which
have also been detailed below:
- Market, By Operation Type:
- Food Aggregators
- Restaurant-based
- Market, By
Source:
o
Online (Mobile App, Web)
o Offline
- Market, By Payment:
- Mobile
Wallet
- Card
Payment
- Cash on
Delivery
- Net
Banking
- Market, By
Region:
- Western
- Northern
& Central
- Eastern
- Southern
Competitive
Landscape
Company
Profiles: Detailed analysis of the major companies present in Saudi Arabia online food ordering and delivery market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).