Cibi e Bevande
Saudi Arabia Cafe Renaissance: A Lively Brew of Culture, Coffee, and Cutting-Edge Trends: Ken Research
Picture this: a bustling Riyadh Street, where contemporary life meets rich tradition, and where cafes have become the new social hubs. Urban millennials, a demographic vital in shaping this emerging cafe culture, are driving a significant shift. From the artful latte at a street corner to the vibrant buzz in cafes like Starbucks, this is where Saudi's youth are redefining leisure and socializing.
Imagine walking into a cafe where every sip tells a story of innovation and customer loyalty. Starbucks and Dunkin' Donuts are not just coffee chains; they are emblems of a lifestyle choice for many Saudis. With their commanding market presence and pioneering loyalty programs, these brands are at the heart of Saudi Arabia's coffee revolution.
At the crossroads of economic growth and lifestyle evolution, government initiatives are adding zest to consumer spending. The SAR ~1,100 Bn Expenditure Plan for 2023 is a testament to this change, fueling the market and inviting Saudis to indulge more in their cafe experiences.
In a nation increasingly conscious about health and wellness, Acai Bowls are more than just a trend; they're a statement. This burgeoning demand, set against the backdrop of health-aware millennials with disposable incomes, is carving a niche in the cafe market.
The market landscape is as competitive as it is lucrative. For new entrants and established players, the recipe for success lies in understanding and leveraging the unique dynamics of Saudi's rapidly evolving cafe culture.
as Saudi Arabia stands at the cusp of a cafe culture renaissance, the KSA Cafe and Coffee Chain Market is all set to unveil chapters of growth, innovation, and unparalleled consumer experiences. This is not just a market; it's the heartbeat of a new, vibrant Saudi Arabia.
For an in-depth insight into this caffeinated journey of growth and innovation, Ken Research offers the full report – a window into the future of Saudi Arabia's cafe and coffee chain market.
Chained
Standalone
In-dine
Take away
Acai Bowls
Frozen Yogurt
Smoothies and Juice Bars
Coffee Shops
Healthy Cafes
Domestic
International brands
South
North
West
East
Gen Z population and mothers
University
Airports
Hospitals
Fitness Centers
Others
Consumer foodservice is expected to deliver a positive performance in UAE by all measures throughout the forecast period, across all different types of outlets. Cafes in UAE will witness a higher growth than all of the foodservice industry with increasing focus on healthy food. The UAE has witnessed a significant increase in the coffee culture among its residents, with coffee consumption becoming a daily ritual for many. This trend is expected to continue, driving the demand for café and coffee chain offerings.
According to Ken Research estimates, the Bahrain Catering Market was valued at ~USD and a CAGR of ~% in the period of 2017-2022P and is forecasted to grow at a CAGR of ~% in the period of 2022P-2027F, owing to the rising adoption of automated kitchen in catering services, surging focus on healthier meals and rising tourism in the nation.
According to Ken Research estimates, the Middle East Catering Market is aided by the overall food service industry. Also, the Middle East catering services market is driven by the recent food safety-related incidents, due to which the FDA has come up with strict and tighter norms and regulations for monitoring the quality and standards of food being served. Thus, along with the Middle East concern for food safety, it is also driving the demand for outsourcing catering services, further enhancing the Middle East catering services market.
According to Ken Research estimates, the Qatar Retail Restaurant Industry – Qatar's hotels capacity boosted up due to FIFA World Cup driven by the influx of 1.2 Mn international visitors in the country. The Restaurants and Hotels Market is estimated to grow at a CAGR of 2.5% and 5.5% respectively. Around 38% of the restaurants were casual dining and ~31% of the hotels were 5-Star in 2022.
Ken Research Private Limited
Ankur Gupta , Director Strategy and Growth
+91-9015378249
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