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Food Retail Market in Saudi Arabia 2025-2029

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    Report

  • 147 Pages
  • January 2025
  • Region: Saudi Arabia
  • TechNavio
  • ID: 5942021
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The food retail market in Saudi Arabia is forecasted to grow by USD 16.37 billion during 2023-2028, accelerating at a CAGR of 5.67% during the forecast period. The report on the food retail market in Saudi Arabia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of hypermarkets and supermarkets in Saudi Arabia, growing e-commerce industry in Saudi Arabia, and increasing investment in food industry in Saudi Arabia.

The food retail market in Saudi Arabia is segmented as below:

By Distribution Channel

  • Offline
  • Online

By Packaging

  • Flexible
  • Semi-rigid
  • Rigid

By Product

  • Meat and poultry
  • Fruits and vegetables
  • Cereals
  • Dairy
  • Beverages and others
This study identifies the robust digitalization in food retail in Saudi Arabia as one of the prime reasons driving the food retail market in Saudi Arabia growth during the next few years. Also, rising growth of tourism and hospitality sector and rising number of mergers and acquisitions (M&A) among market players will lead to sizable demand in the market.

The report on the food retail market in Saudi Arabia covers the following areas:

  • Food retail market in Saudi Arabia sizing
  • Food retail market in Saudi Arabia forecast
  • Food retail market in Saudi Arabia industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading food retail market in Saudi Arabia vendors that include Abdullah Al Othaim Markets Co., Al Dabbagh Group, Al Jazera, Al Raya, AL SADHAN, Amazon.com Inc., Astra Markets, Bindawood Holding, Carrefour SA, Hermas, Jeddah Central Markets Co., Lulu Group International, Manuel Supermarket, Nahada, Nana, One Meem, Savola Group, SPAR Group Inc., Speedy, and Tamimi Markets. Also, the food retail market in Saudi Arabia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Market Segmentation by Packaging
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Chart on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Data Table on Saudi Arabia: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Food Retail Market in Saudi Arabia 2019 - 2023
Historic Market Size - Data Table on Food Retail Market in Saudi Arabia 2019 - 2023 ($ million)
5.2 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.3 Packaging segment analysis 2019 - 2023
Historic Market Size - Packaging Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Food Retail Market in Saudi Arabia
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by End-user
8.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
8.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
8.3 Offline - Market size and forecast 2024-2029
Chart on Offline - Market size and forecast 2024-2029 ($ million)
Data Table on Offline - Market size and forecast 2024-2029 ($ million)
Chart on Offline - Year-over-year growth 2024-2029 (%)
Data Table on Offline - Year-over-year growth 2024-2029 (%)
8.4 Online - Market size and forecast 2024-2029
Chart on Online - Market size and forecast 2024-2029 ($ million)
Data Table on Online - Market size and forecast 2024-2029 ($ million)
Chart on Online - Year-over-year growth 2024-2029 (%)
Data Table on Online - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
9 Market Segmentation by Packaging
9.1 Market segments
Chart on Packaging - Market share 2024-2029 (%)
Data Table on Packaging - Market share 2024-2029 (%)
9.2 Comparison by Packaging
Chart on Comparison by Packaging
Data Table on Comparison by Packaging
9.3 Flexible - Market size and forecast 2024-2029
Chart on Flexible - Market size and forecast 2024-2029 ($ million)
Data Table on Flexible - Market size and forecast 2024-2029 ($ million)
Chart on Flexible - Year-over-year growth 2024-2029 (%)
Data Table on Flexible - Year-over-year growth 2024-2029 (%)
9.4 Semi-rigid - Market size and forecast 2024-2029
Chart on Semi-rigid - Market size and forecast 2024-2029 ($ million)
Data Table on Semi-rigid - Market size and forecast 2024-2029 ($ million)
Chart on Semi-rigid - Year-over-year growth 2024-2029 (%)
Data Table on Semi-rigid - Year-over-year growth 2024-2029 (%)
9.5 Rigid - Market size and forecast 2024-2029
Chart on Rigid - Market size and forecast 2024-2029 ($ million)
Data Table on Rigid - Market size and forecast 2024-2029 ($ million)
Chart on Rigid - Year-over-year growth 2024-2029 (%)
Data Table on Rigid - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Packaging
Market opportunity by Packaging ($ million)
Data Table on Market opportunity by Packaging ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Abdullah Al Othaim Markets Co.
Abdullah Al Othaim Markets Co. - Overview
Abdullah Al Othaim Markets Co. - Business segments
Abdullah Al Othaim Markets Co. - Key offerings
Abdullah Al Othaim Markets Co. - Segment focus
SWOT
13.5 Al Dabbagh Group
Al Dabbagh Group - Overview
Al Dabbagh Group - Product / Service
Al Dabbagh Group - Key offerings
SWOT
13.6 Aljazera
Aljazera - Overview
Aljazera - Product / Service
Aljazera - Key offerings
SWOT
13.7 Al Raya Supermarket
Al Raya Supermarket - Overview
Al Raya Supermarket - Product / Service
Al Raya Supermarket - Key offerings
SWOT
13.8 AL SADHAN
AL SADHAN - Overview
AL SADHAN - Product / Service
AL SADHAN - Key offerings
SWOT
13.9 Astra Food Co.
Astra Food Co. - Overview
Astra Food Co. - Product / Service
Astra Food Co. - Key offerings
SWOT
13.10 Bindawood Holding
Bindawood Holding - Overview
Bindawood Holding - Product / Service
Bindawood Holding - Key offerings
SWOT
13.11 Carrefour SA
Carrefour SA - Overview
Carrefour SA - Business segments
Carrefour SA - Key offerings
Carrefour SA - Segment focus
SWOT
13.12 Hermas Food Beverage
Hermas Food Beverage - Overview
Hermas Food Beverage - Product / Service
Hermas Food Beverage - Key offerings
SWOT
13.13 Lulu Group International
Lulu Group International - Overview
Lulu Group International - Product / Service
Lulu Group International - Key offerings
SWOT
13.14 Manuel Supermarket
Manuel Supermarket - Overview
Manuel Supermarket - Product / Service
Manuel Supermarket - Key offerings
SWOT
13.15 One Meem
One Meem - Overview
One Meem - Product / Service
One Meem - Key offerings
SWOT
13.16 Savola Group
Savola Group - Overview
Savola Group - Product / Service
Savola Group - Key offerings
SWOT
13.17 SPAR Group Inc.
SPAR Group Inc. - Overview
SPAR Group Inc. - Product / Service
SPAR Group Inc. - Key offerings
SWOT
13.18 Tamimi Markets
Tamimi Markets - Overview
Tamimi Markets - Product / Service
Tamimi Markets - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 5: Executive Summary - Chart on Market Segmentation by Packaging
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 8: Overview on criticality of inputs and factors of differentiation
Exhibits 9: Overview on factors of disruption
Exhibits 10: Impact of drivers and challenges in 2024 and 2029
Exhibits 11: Parent Market
Exhibits 12: Data Table on - Parent Market
Exhibits 13: Market characteristics analysis
Exhibits 14: Value chain analysis
Exhibits 15: Offerings of companies included in the market definition
Exhibits 16: Market segments
Exhibits 17: Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Exhibits 18: Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Exhibits 19: Chart on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Exhibits 20: Data Table on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Exhibits 21: Historic Market Size - Data Table on Food Retail Market in Saudi Arabia 2019 - 2023 ($ million)
Exhibits 22: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits 23: Historic Market Size - Packaging Segment 2019 - 2023 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2024 and 2029
Exhibits 25: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 27: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 28: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 29: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 30: Chart on Market condition - Five forces 2024 and 2029
Exhibits 31: Chart on End-user - Market share 2024-2029 (%)
Exhibits 32: Data Table on End-user - Market share 2024-2029 (%)
Exhibits 33: Chart on Comparison by End-user
Exhibits 34: Data Table on Comparison by End-user
Exhibits 35: Chart on Offline - Market size and forecast 2024-2029 ($ million)
Exhibits 36: Data Table on Offline - Market size and forecast 2024-2029 ($ million)
Exhibits 37: Chart on Offline - Year-over-year growth 2024-2029 (%)
Exhibits 38: Data Table on Offline - Year-over-year growth 2024-2029 (%)
Exhibits 39: Chart on Online - Market size and forecast 2024-2029 ($ million)
Exhibits 40: Data Table on Online - Market size and forecast 2024-2029 ($ million)
Exhibits 41: Chart on Online - Year-over-year growth 2024-2029 (%)
Exhibits 42: Data Table on Online - Year-over-year growth 2024-2029 (%)
Exhibits 43: Market opportunity by End-user ($ million)
Exhibits 44: Data Table on Market opportunity by End-user ($ million)
Exhibits 45: Chart on Packaging - Market share 2024-2029 (%)
Exhibits 46: Data Table on Packaging - Market share 2024-2029 (%)
Exhibits 47: Chart on Comparison by Packaging
Exhibits 48: Data Table on Comparison by Packaging
Exhibits 49: Chart on Flexible - Market size and forecast 2024-2029 ($ million)
Exhibits 50: Data Table on Flexible - Market size and forecast 2024-2029 ($ million)
Exhibits 51: Chart on Flexible - Year-over-year growth 2024-2029 (%)
Exhibits 52: Data Table on Flexible - Year-over-year growth 2024-2029 (%)
Exhibits 53: Chart on Semi-rigid - Market size and forecast 2024-2029 ($ million)
Exhibits 54: Data Table on Semi-rigid - Market size and forecast 2024-2029 ($ million)
Exhibits 55: Chart on Semi-rigid - Year-over-year growth 2024-2029 (%)
Exhibits 56: Data Table on Semi-rigid - Year-over-year growth 2024-2029 (%)
Exhibits 57: Chart on Rigid - Market size and forecast 2024-2029 ($ million)
Exhibits 58: Data Table on Rigid - Market size and forecast 2024-2029 ($ million)
Exhibits 59: Chart on Rigid - Year-over-year growth 2024-2029 (%)
Exhibits 60: Data Table on Rigid - Year-over-year growth 2024-2029 (%)
Exhibits 61: Market opportunity by Packaging ($ million)
Exhibits 62: Data Table on Market opportunity by Packaging ($ million)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Impact of drivers and challenges in 2024 and 2029
Exhibits 65: Overview on criticality of inputs and factors of differentiation
Exhibits 66: Overview on factors of disruption
Exhibits 67: Impact of key risks on business
Exhibits 68: Companies covered
Exhibits 69: Company ranking index
Exhibits 70: Matrix on companies position and classification
Exhibits 71: Abdullah Al Othaim Markets Co. - Overview
Exhibits 72: Abdullah Al Othaim Markets Co. - Business segments
Exhibits 73: Abdullah Al Othaim Markets Co. - Key offerings
Exhibits 74: Abdullah Al Othaim Markets Co. - Segment focus
Exhibits 75: SWOT
Exhibits 76: Al Dabbagh Group - Overview
Exhibits 77: Al Dabbagh Group - Product / Service
Exhibits 78: Al Dabbagh Group - Key offerings
Exhibits 79: SWOT
Exhibits 80: Aljazera - Overview
Exhibits 81: Aljazera - Product / Service
Exhibits 82: Aljazera - Key offerings
Exhibits 83: SWOT
Exhibits 84: Al Raya Supermarket - Overview
Exhibits 85: Al Raya Supermarket - Product / Service
Exhibits 86: Al Raya Supermarket - Key offerings
Exhibits 87: SWOT
Exhibits 88: AL SADHAN - Overview
Exhibits 89: AL SADHAN - Product / Service
Exhibits 90: AL SADHAN - Key offerings
Exhibits 91: SWOT
Exhibits 92: Astra Food Co. - Overview
Exhibits 93: Astra Food Co. - Product / Service
Exhibits 94: Astra Food Co. - Key offerings
Exhibits 95: SWOT
Exhibits 96: Bindawood Holding - Overview
Exhibits 97: Bindawood Holding - Product / Service
Exhibits 98: Bindawood Holding - Key offerings
Exhibits 99: SWOT
Exhibits 100: Carrefour SA - Overview
Exhibits 101: Carrefour SA - Business segments
Exhibits 102: Carrefour SA - Key offerings
Exhibits 103: Carrefour SA - Segment focus
Exhibits 104: SWOT
Exhibits 105: Hermas Food & Beverage - Overview
Exhibits 106: Hermas Food & Beverage - Product / Service
Exhibits 107: Hermas Food & Beverage - Key offerings
Exhibits 108: SWOT
Exhibits 109: Lulu Group International - Overview
Exhibits 110: Lulu Group International - Product / Service
Exhibits 111: Lulu Group International - Key offerings
Exhibits 112: SWOT
Exhibits 113: Manuel Supermarket - Overview
Exhibits 114: Manuel Supermarket - Product / Service
Exhibits 115: Manuel Supermarket - Key offerings
Exhibits 116: SWOT
Exhibits 117: One Meem - Overview
Exhibits 118: One Meem - Product / Service
Exhibits 119: One Meem - Key offerings
Exhibits 120: SWOT
Exhibits 121: Savola Group - Overview
Exhibits 122: Savola Group - Product / Service
Exhibits 123: Savola Group - Key offerings
Exhibits 124: SWOT
Exhibits 125: SPAR Group Inc. - Overview
Exhibits 126: SPAR Group Inc. - Product / Service
Exhibits 127: SPAR Group Inc. - Key offerings
Exhibits 128: SWOT
Exhibits 129: Tamimi Markets - Overview
Exhibits 130: Tamimi Markets - Product / Service
Exhibits 131: Tamimi Markets - Key offerings
Exhibits 132: SWOT
Exhibits 133: Inclusions checklist
Exhibits 134: Exclusions checklist
Exhibits 135: Currency conversion rates for US$
Exhibits 136: Research methodology
Exhibits 137: Information sources
Exhibits 138: Data validation
Exhibits 139: Validation techniques employed for market sizing
Exhibits 140: Data synthesis
Exhibits 141: 360 degree market analysis
Exhibits 142: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the food retail market in Saudi Arabia: Abdullah Al Othaim Markets Co., Al Dabbagh Group, Al Jazera, Al Raya, AL SADHAN, Amazon.com Inc., Astra Markets, Bindawood Holding, Carrefour SA, Hermas, Jeddah Central Markets Co., Lulu Group International, Manuel Supermarket, Nahada, Nana, One Meem, Savola Group, SPAR Group Inc., Speedy, and Tamimi Markets.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is robust digitalization in food retail in Saudi Arabia."

According to the report, one of the major drivers for this market is the expansion of hypermarkets and supermarkets in Saudi Arabia.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Abdullah Al Othaim Markets Co.
  • Al Dabbagh Group
  • Aljazera
  • Al Raya Supermarket
  • AL SADHAN
  • Amazon.com Inc.
  • Astra Food Co.
  • Bindawood Holding
  • Carrefour SA
  • Hermas Food & Beverage
  • Jeddah Central Markets Co.
  • Lulu Group International
  • Manuel Supermarket
  • Nana
  • One Meem
  • Savola Group
  • SPAR Group Inc.
  • Speedy
  • Tamimi Markets