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Saudi Arabia Online Food Ordering and Delivery Market Report 2021: Post the Challenges of the Pandemic in 2020, the Market Showed Consistent Growth - Forecast to 2026 - ResearchAndMarkets.com

·3-min read

The "Saudi Arabia Online Food Ordering and Delivery Market, By Operation Type (Food Aggregators and Restaurant-Based), By Source {Online (Mobile App and Web) and Offline}, By Payment, By Region, Competition Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

The Saudi Arabian 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 challenges of the pandemic in the 2020, the market showed consistent growth. Digitization, and emergence of advanced online services is expected to drive the Saudi Arabian 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.

The Saudi Arabian 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 the Saudi Arabian Online Food Ordering and Delivery Market include Talabat, Hunger Station, Careem, Jahez, Mrsool Inc, Jahez, Lugmety, Toyou, Mathagi, The Chefz, Wssel, among others.

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

Years considered for this report:

  • Historical Years: 2016 - 2019

  • Base Year: 2020

  • Estimated Year: 2021

  • Forecast Period: 2022 - 2026

Report Scope:

Market, By Operation Type:

  • Food Aggregators

  • Restaurant-based

Market, By Source:

  • Online (Mobile App, Web)

  • Offline

Market, By Payment:

  • Mobile Wallet

  • Card Payment

  • Cash on Delivery

  • Net Banking

Market, By Region:

  • Western

  • Northern & Central

  • Eastern

  • Southern

Companies Mentioned

  • Talabat, Hunger Station (Delivery Hero SE)

  • Careem (Uber Technologies, Inc)

  • Jahez International Company

  • Mrsool Inc

  • (Lugmety) Future Sahem Company for Information Technology

  • The Chefz

  • Toyou

  • Mathaqi

  • Wssel

For more information about this report visit https://www.researchandmarkets.com/r/b0jaiv

View source version on businesswire.com: https://www.businesswire.com/news/home/20210226005216/en/

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ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

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