MENA Food Service Market

MENA Food Service Market

Growth Factors of MENA Food Service Market

The MENA food service market size touched the valuation of USD 84.77 billion in 2023 and is predicted to reach the valuation of USD 92.48 billion in 2024. Characterized by the CAGR of 9.41% during the forecast period, the market is expected to hit USD 189.87 billion in 2032.

Characterized by domestic tourism and increasing spending on dining out, the growth market for food service in MENA is expected to skyrocket in coming years. Iran, Israel, and Gulf countries have a large presence of restaurants and hotel facilities which are the hubs for leisure activities, corporate meetings, and quick bites or meals. The MENA food service market growth is also set to bolster with its concept of cloud kitchens/ghost kitchens/dark kitchens. In addition, heavy reliance of the MENA’s economy on the oil and gas industry is set to propel the market growth.

Comprehensive Analysis of MENA Food Service Market

The market is being studied on various fronts including service type, type, and geography.

Based on the service type, the market is classified into commercial and institutional. The commercial segment takes the lead of MENA food service market share as it caters to a wide range of customers including individuals, families, and tourists and their variegated tastes and preferences. On the basis of type of restaurants, there are full service restaurants, quick service restaurants, institutes, and others. Among these, full service restaurants take the lion’s share as it offers a complete dining experience, table service, and comprehensive menus. These restaurants are known to serve an extensive range of cuisines including Arabic, Mediterranean, Asian, and Western.

Country wise, the market is studied across Saudi Arabia, Egypt, UAE, Algeria, Kuwait, Qatar, and Rest of the Middle East and North Africa. The bolstering growth of the market in these regions is defined by the busy and hectic lifestyles, change in the consumer preferences, and adoption of various digital technologies. The urban areas of the region are witnessing a rise in food delivery and pick up as food trucks, grab-and-go outlets, and street food vendors are more and more popular as they offer convenience. In addition, social responsibility and awareness regarding the environment have become one of the significant factors governing the demand for locally sourced ingredients and environmentally friendly packaging.

The competitive dynamics of the MENA food service market is well defined by various strategies including new food offerings of fusion dishes and traditional dishes. These food offerings are known for their exceptional tastes and providing different experiences to their consumers. The leading players of the market are Domino's Pizza, Inc., McDonald's Corporation, Pizza Hut, Taco Bell, and Burger King.

In December 2023, the Ritz-Carlton announced the launch of its new resort in the second half of 2024, inspired by a super yacht. The resort is set to cater to the exponential growth in the travel industry and increased tourism in Dubai.

Segmentation Table

MENA Food Service Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Historical Period 2019-2022

Unit Value (USD Billion)

Growth Rate CAGR of 9.41% from 2024 to 2032

Segmentation

By Type

Full Service Restaurants

Quick Service Restaurants

Institutes

Others

By Service Type

Commercial

Institutional

By Country

Saudi Arabia

Egypt

UAE

Algeria

Kuwait

Qatar

Rest of MENA