Saudi Arabia - The Future of Foodservice to 2021: Ken Research Industrial Catering Services Market in Saudi Arabi

Saudi Arabia - The Future of Foodservice to 2021: Ken Research Saudi Arabia-The Future of Foodservice to 2021", published by GlobalData, provides extensive insight and analysis of Saudi Arabia's foodservice market over the next five years (2016-2021) and acts as a vital point of reference for operators or suppliers. Saudi Arabia's foodservice profit sector is forecast to grow at a CAGR of 6.8%, to reach a value of SAR 87.0 billion in 2021. Contributing to this growth is the urbanized youth's increasing reliance on foodservices, both for socialization and nourishment, underpinned in part by the evolving roles of women. With most growth coming from urban areas, transaction growth is expected to outstrip outlet growth, with transactions growing at a CAGR of 2.3% until 2021, compared to an outlet growth of just 0.7%. The popularity of chains persists and is expected to help drive growth, while consumer demands for convenience and the ongoing segregation of men and women is expected to continue, fueling demand for takeaway and delivery. The report includes Overview of Saudi Arabia's macro-economic landscape: Detailed analysis of current macro- economic factors and their impact on the Saudi Arabian foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution. Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR and Coffee & Tea Shops) within the Saudi Arabian foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.