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Saudi Arabia Cafés Market, By Ownership, By Segment, By Sales Channel, By Region, Competition Forecast & Opportunities, 2026F

Saudi Arabia Cafés Market, By Ownership (Standalone Outlets & Chain Outlets), By Segment (International & Domestic), By Sales Channel (Retail Sales & Online), By Region, Competition Forecast & Opportunities, 2026F

New York, July 27, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Saudi Arabia Cafés Market, By Ownership, By Segment, By Sales Channel, By Region, Competition Forecast & Opportunities, 2026F" - https://www.reportlinker.com/p06105536/?utm_source=GNW

Saudi Arabia Cafes market was valued USD 4.79 Billion in 2020 and is forecast to grow at CAGR of over 7.54% in the next five years. The increasing per capita income, rising number of tourists, growing western influence, changing consumer tastes and preferences and rapid expansion in café services, are the major drivers for the Saudi Arabia cafés market. Furthermore, the online café services industry has expanded dramatically, with significant technological advances facilitating the development of the online platform and allowing for a better user experience and convenience. The increasing use of online café services by millennials and the younger population has been a major driver for the growth of Saudi Arabia cafés market over the years.
Due to the government’s strict regulations during pandemic, all cafés were closed, forcing them to shift to home delivery services.As most people are addicted to the taste of a particular café, this increased the overall demand for online food ordering from cafés.

As Saudi Arabia has an internet penetration rate of 95.72% as of 2019, the majority of people preferred to order online during the pandemic.
The tourism industry in Saudi Arabia is changing as a result of private and public sector efforts to diversify the tourist base and the purpose of visiting Saudi Arabia.The number of tourists visiting the country is increasing, which is boosting domestic tourism.

In 2019, approximately 19 million people visited the country for religious and other reasons, a 10% increase from 2017. The increasing number of foreign workers, as well as millions of pilgrims visiting the country has augmented the tourism, resulting in the growth of the Saudi Arabia cafés market.
Saudi Arabia cafés market is categorized by ownership, by segment, by sales channel, by region and by company.In terms of ownership, the Saudi Arabia cafés market is segmented into Chain Outlets & Standalone outlets.

Among which, Chain Outlets have accounted for the majority of shares in the country’s cafés market and this segment is expected to continue its dominance over the forecast period on account of changing tastes and preferences of people.One reason for this segment’s rapid growth is the widespread use of the internet and social media, which has exposed a large number of Saudis to western food and culture.

Cafés are increasing in number in Saudi Arabia, with international brands like Applebee’s, Outback Steak House, Chilis, and TGI Fridays marking their presence.
In terms of region, the Saudi Arabia cafés market is categorized into Western, Central, Eastern, Southern and Northern region. Western region is the dominant region in Saudi Arabia cafés market in 2020 followed by the central region and is expected to maintain its dominance in the forecast period due to changing lifestyle and preferences, rising per capita income, and growing population.
Some of the major players operating in the Saudi Arabia cafés market are Applebee’s, Starbucks, T.G.I. Friday’s, Chili’s, Java Time, etc.

Years considered for this report:

Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021E
Forecast Period: 2022F-2026F

Objective of the Study:

• To analyze the historical growth in the market size of the Saudi Arabia cafés market from 2016 to 2020.
• To estimate and forecast the market size of the Saudi Arabia cafés market from 2021E to 2026F and growth rate until 2026F.
• To classify and forecast Saudi Arabia cafés market based on by ownership, by segment, by sales channel, by region and by company.
• To identify the dominant region or segment in the Saudi Arabia cafés market.
• To identify drivers and challenges for the Saudi Arabia cafés market.
• To examine competitive developments such as expansions, new cafés launches, mergers & acquisitions, etc., in the Saudi Arabia cafés market.
• To identify and analyze the profiles of leading players operating in Saudi Arabia cafés market.
• To identify key sustainable strategies adopted by market players in Saudi Arabia cafés market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of service providers across the country.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the service providers which could not be identified due to the limitations of secondary research. The analyst examined the service providers, and presence of all major players across the country.
The analyst calculated the market size of Saudi Arabia cafés market using a bottom-up approach, wherein data for various segments were recorded and forecast for the future years. The analyst sourced these values from the industry experts and cafés chain representatives and externally validated them through analyzing historical data of these segments for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by the analyst.

Key Target Audience:

• Café owners and franchise.
• Café end users.
• Research organizations and consulting companies.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia cafés market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
• Saudi Arabia Cafés Market, By Ownership:
o Chain Outlets
o Standalone Outlets
• Saudi Arabia Cafés Market, By Segment:
o International
o Domestic
• Saudi Arabia Cafés Market, By Sales Channel:
o Retail Sales
o Online
• Saudi Arabia Cafés Market, By Region:
o Western
o Central
o Southern
o Eastern
o Northern

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia cafés market.
Available Customizations
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06105536/?utm_source=GNW

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