Meal Delivery - Saudi Arabia
Saudi Arabia- The Meal Delivery market in Saudi Arabia is expected to achieve a revenue of US$10.19bn by 2024.
- Furthermore, it is projected to demonstrate an annual growth rate (CAGR 2024-2028) of 4.29%, resulting in a market volume of US$12.06bn by 2028.
- In terms of the Restaurant Deliverymarket, it is estimated to have a market volume of US$8.72bn in 2024.
- When compared globally, China is anticipated to generate the highest revenue of US$182.90bn in 2024.
- As for the average revenue per user (ARPU) in the Saudi Arabian Meal Delivery market, it is projected to reach US$627.00 in 2024.
- Additionally, the number of users is expected to reach 19.3m users by 2028.
- The user penetration rate in the Meal Delivery market is predicted to be 44.2% in 2024.
- Saudi Arabia's meal delivery market is experiencing a surge in demand due to the growing preference for convenient and contactless food options.
Definition:
Meal Delivery is the online ordering and delivery of prepared meals by a restaurant or a platform for direct consumption. Orders are typically placed in an app or on a website. The delivery is handled by the platform enterprise (e.g. Deliveroo) or directly by the restaurant (e.g. Domino’s).Structure:
Meal Delivery contains the user and revenue development of two different delivery service solutions for prepared meals: (1) Restaurant Delivery and (2) Platform Delivery. The Restaurant Delivery market includes the delivery of meals carried out directly by the restaurants. The order may be made via platforms (e.g. Delivery Hero, Just Eat) or directly through a restaurant website (e.g. Domino's). The Platform Delivery market focuses on online delivery services that provide customers with meals from partner restaurants that do not necessarily have to offer food delivery themselves. In this case, the platform (e.g. Deliveroo) handles the delivery process.).Additional Information:
Revenue includes the gross merchandise value (GMV), defined as the total sales dollar value for merchandise/food sold through the Online Food Delivery marketplace. User and revenue figures represent B2C services.In-Scope
- Meals ordered online which are directly delivered by the restaurant, no matter if ordered via a platform (e.g. Delivery Hero) or a restaurant website (e.g. Domino's)
- Online meal order and delivery both carried out by a platform (e.g. Deliveroo)
- Online orders that are picked up in the restaurant
Out-Of-Scope
- Phone orders
- Deliveries of non-processed or non-prepared food (e.g. HelloFresh)
