Food Retail Market in Saudi Arabia 2025-2029

Food Retail Market In Saudi Arabia 2024-2028

The food retail market in Saudi Arabia is forecasted to grow by USD 16.37 bn 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.

Technavio's 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 and 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
The robust vendor analysis 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 publisher 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.


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 Technavio 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
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by End-user
Exhibits5: Executive Summary - Chart on Market Segmentation by Packaging
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits8: Overview on criticality of inputs and factors of differentiation
Exhibits9: Overview on factors of disruption
Exhibits10: Impact of drivers and challenges in 2024 and 2029
Exhibits11: Parent Market
Exhibits12: Data Table on - Parent Market
Exhibits13: Market characteristics analysis
Exhibits14: Value chain analysis
Exhibits15: Offerings of companies included in the market definition
Exhibits16: Market segments
Exhibits17: Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Exhibits18: Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Exhibits19: Chart on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Exhibits20: Data Table on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Exhibits21: Historic Market Size - Data Table on Food Retail Market in Saudi Arabia 2019 - 2023 ($ million)
Exhibits22: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits23: Historic Market Size - Packaging Segment 2019 - 2023 ($ million)
Exhibits24: Five forces analysis - Comparison between 2024 and 2029
Exhibits25: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits26: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits27: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits28: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits29: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits30: Chart on Market condition - Five forces 2024 and 2029
Exhibits31: Chart on End-user - Market share 2024-2029 (%)
Exhibits32: Data Table on End-user - Market share 2024-2029 (%)
Exhibits33: Chart on Comparison by End-user
Exhibits34: Data Table on Comparison by End-user
Exhibits35: Chart on Offline - Market size and forecast 2024-2029 ($ million)
Exhibits36: Data Table on Offline - Market size and forecast 2024-2029 ($ million)
Exhibits37: Chart on Offline - Year-over-year growth 2024-2029 (%)
Exhibits38: Data Table on Offline - Year-over-year growth 2024-2029 (%)
Exhibits39: Chart on Online - Market size and forecast 2024-2029 ($ million)
Exhibits40: Data Table on Online - Market size and forecast 2024-2029 ($ million)
Exhibits41: Chart on Online - Year-over-year growth 2024-2029 (%)
Exhibits42: Data Table on Online - Year-over-year growth 2024-2029 (%)
Exhibits43: Market opportunity by End-user ($ million)
Exhibits44: Data Table on Market opportunity by End-user ($ million)
Exhibits45: Chart on Packaging - Market share 2024-2029 (%)
Exhibits46: Data Table on Packaging - Market share 2024-2029 (%)
Exhibits47: Chart on Comparison by Packaging
Exhibits48: Data Table on Comparison by Packaging
Exhibits49: Chart on Flexible - Market size and forecast 2024-2029 ($ million)
Exhibits50: Data Table on Flexible - Market size and forecast 2024-2029 ($ million)
Exhibits51: Chart on Flexible - Year-over-year growth 2024-2029 (%)
Exhibits52: Data Table on Flexible - Year-over-year growth 2024-2029 (%)
Exhibits53: Chart on Semi-rigid - Market size and forecast 2024-2029 ($ million)
Exhibits54: Data Table on Semi-rigid - Market size and forecast 2024-2029 ($ million)
Exhibits55: Chart on Semi-rigid - Year-over-year growth 2024-2029 (%)
Exhibits56: Data Table on Semi-rigid - Year-over-year growth 2024-2029 (%)
Exhibits57: Chart on Rigid - Market size and forecast 2024-2029 ($ million)
Exhibits58: Data Table on Rigid - Market size and forecast 2024-2029 ($ million)
Exhibits59: Chart on Rigid - Year-over-year growth 2024-2029 (%)
Exhibits60: Data Table on Rigid - Year-over-year growth 2024-2029 (%)
Exhibits61: Market opportunity by Packaging ($ million)
Exhibits62: Data Table on Market opportunity by Packaging ($ million)
Exhibits63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits64: Impact of drivers and challenges in 2024 and 2029
Exhibits65: Overview on criticality of inputs and factors of differentiation
Exhibits66: Overview on factors of disruption
Exhibits67: Impact of key risks on business
Exhibits68: Companies covered
Exhibits69: Company ranking index
Exhibits70: Matrix on companies position and classification
Exhibits71: Abdullah Al Othaim Markets Co. - Overview
Exhibits72: Abdullah Al Othaim Markets Co. - Business segments
Exhibits73: Abdullah Al Othaim Markets Co. - Key offerings
Exhibits74: Abdullah Al Othaim Markets Co. - Segment focus
Exhibits75: SWOT
Exhibits76: Al Dabbagh Group - Overview
Exhibits77: Al Dabbagh Group - Product / Service
Exhibits78: Al Dabbagh Group - Key offerings
Exhibits79: SWOT
Exhibits80: Aljazera - Overview
Exhibits81: Aljazera - Product / Service
Exhibits82: Aljazera - Key offerings
Exhibits83: SWOT
Exhibits84: Al Raya Supermarket - Overview
Exhibits85: Al Raya Supermarket - Product / Service
Exhibits86: Al Raya Supermarket - Key offerings
Exhibits87: SWOT
Exhibits88: AL SADHAN - Overview
Exhibits89: AL SADHAN - Product / Service
Exhibits90: AL SADHAN - Key offerings
Exhibits91: SWOT
Exhibits92: Astra Food Co. - Overview
Exhibits93: Astra Food Co. - Product / Service
Exhibits94: Astra Food Co. - Key offerings
Exhibits95: SWOT
Exhibits96: Bindawood Holding - Overview
Exhibits97: Bindawood Holding - Product / Service
Exhibits98: Bindawood Holding - Key offerings
Exhibits99: SWOT
Exhibits100: Carrefour SA - Overview
Exhibits101: Carrefour SA - Business segments
Exhibits102: Carrefour SA - Key offerings
Exhibits103: Carrefour SA - Segment focus
Exhibits104: SWOT
Exhibits105: Hermas Food & Beverage - Overview
Exhibits106: Hermas Food & Beverage - Product / Service
Exhibits107: Hermas Food & Beverage - Key offerings
Exhibits108: SWOT
Exhibits109: Lulu Group International - Overview
Exhibits110: Lulu Group International - Product / Service
Exhibits111: Lulu Group International - Key offerings
Exhibits112: SWOT
Exhibits113: Manuel Supermarket - Overview
Exhibits114: Manuel Supermarket - Product / Service
Exhibits115: Manuel Supermarket - Key offerings
Exhibits116: SWOT
Exhibits117: One Meem - Overview
Exhibits118: One Meem - Product / Service
Exhibits119: One Meem - Key offerings
Exhibits120: SWOT
Exhibits121: Savola Group - Overview
Exhibits122: Savola Group - Product / Service
Exhibits123: Savola Group - Key offerings
Exhibits124: SWOT
Exhibits125: SPAR Group Inc. - Overview
Exhibits126: SPAR Group Inc. - Product / Service
Exhibits127: SPAR Group Inc. - Key offerings
Exhibits128: SWOT
Exhibits129: Tamimi Markets - Overview
Exhibits130: Tamimi Markets - Product / Service
Exhibits131: Tamimi Markets - Key offerings
Exhibits132: SWOT
Exhibits133: Inclusions checklist
Exhibits134: Exclusions checklist
Exhibits135: Currency conversion rates for US$
Exhibits136: Research methodology
Exhibits137: Information sources
Exhibits138: Data validation
Exhibits139: Validation techniques employed for market sizing
Exhibits140: Data synthesis
Exhibits141: 360 degree market analysis
Exhibits142: List of abbreviations

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