KSA Online Food delivery market - at a glance
Key Statistics
The Online Food Delivery market in Saudi Arabia is projected to reach a revenue of US$11.74bn by 2024. When compared globally, China is expected to generate the most revenue in the Online Food Delivery market, with US$448.90bn in 2024.
This market is expected to show an annual growth rate (CAGR 2024-2029) of 5.62%, resulting in a projected market volume of US$15.43bn by 2029.
Within the Online Food Delivery market, the projected Grocery Delivery sub-market size is US$10.19bn in 2024, with an expected revenue growth rate of 23.0% in 2025.
The average revenue per user (ARPU) in the Grocery Delivery market in Saudi Arabia is projected to be US$634.90 in 2024.
In the Meal Delivery market in Saudi Arabia, the number of users is expected to reach 19.5m users by 2029.
The user penetration rate in the Meal Delivery market is projected to be at 42.9% in 2024. The Chinese Online Food Delivery penetration rate is at 49.9% as of 2023 as a reference.
Saudi Arabia's online food delivery market has experienced rapid growth, driven by the increasing demand for convenient and contactless dining options.
(Source: Statista)