With turnover of USD12.3 billion, Saudi Arabia accounts for 16.2% of the Middle East and North Africa total in 2023. The industry’s profitability increases and stands at 34.3% of turnover in 2023, the ninth highest regionally. The costs of the industry decrease by 2.9% in 2023, largely driven by declining B2B costs. The total number of companies increases in 2023, to 111,120 units. The industry is fragmented, with the top five companies generating 8.1% of total production value in 2023. Saudi Airlines Catering Co is the largest company in Saudi Arabia, generating 4.4% of the industry’s total turnover value in 2023. Households drive market demand, with household spending representing 68.3% of total demand in 2023.
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This Euromonitor industrial report provides unique information on Restaurants and Bars in Saudi Arabia: ISIC 552. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Restaurants and Bars in Saudi Arabia: ISIC 552 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.
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