The ongoing transformation of Saudi Arabia bodes well for the retail food sector. In 2023, the Saudi food retail market was estimated at more than $51 billion and projected to increase by more than 5 percent annually in the coming years due to the continued urbanization, growing population, changing shopping habits, expansion of physical store locations , and increasing popularity of online platforms.

Link: http://chilealimentos.com/wp-content/uploads/2024/12/Retail-Foods-Annual_Riyadh_Saudi-Arabia_SA2024-0012.pdf

source: USDA