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Research Reports

GCC Food & Beverage Sector

August, 2021

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Executive Summary

The food & beverage industry is one of the promising sectors in the GCC region and has shown a strong appetite for growth for a longer period. The COVID-19 pandemic has led to a severe downfall in the industry growth and reduced the demand for people's spending. The industry is one among the most affected by COVID-19 due to lockdowns, travel restrictions and social distancing. This report analyses the growth prospects for the sector and provides an insight into recovery prospects from COVID-19 impacted decline, regional versus global players, the key growth drivers and pain points, the impact of new trends like online ordering, and trends like cloud kitchens.

Key Discussion Points

  • Growth in F & B outlets post COVID-19.
  • Recovery of Average Sales per Outlet post COVID-19.
  • Regional vs Global QSR Players
  • Impact of online ordering on the sector
  • Impact of emerging trends like cloud kitchens
  • Impact of regulatory changes like VAT
  • Success story of Talabat, the online food ordering platform
  • Rental trends impact on the sector prospects
 

Did you know?

  • The total food service outlets in the GCC nations is estimated to be more than 134,000 in 2020.
  • The overall market expenditure of Saudi Arabia on food and beverage is estimated to be more than USD 50 billion in the year 2020.
  • KSA is a leading market for QSR chains such as McDonalds, KFC and Pizza Hut and they have 304 stores, 220 stores and 222 stores, respectively.
  • Total restaurant sales of UAE are expected to reach USD 8.9 billion by 2025
  • Kuwait market is the third largest among the GCC nations and the Food & Beverage sector accounts for 1.6% of the non-oil GDP
  • The Food & Beverage in Oman market is expected to reach the pre-pandemic level of business in the year 2022.
 

Why purchase the report?

Timely report on a COVID-19 Impacted Sector: The Food & Beverage Sector is one of the severely impacted sectors by the lockdowns imposed due to Covid-19. The report provides the impact by each of the GCC markets and when the expected rebound to pre-pandemic levels is expected to occur in these markets.

Market-wise Coverage & Analysis: The report provides market wise insights on a range of aspects pertaining to the GCC Food & Beverage sector including the pre-pandemic growth trends in each of the GCC markets, the market size before the pandemic and expected market size post pandemic, the new business models taking shape in the industry and key positive and negative factors impacting the industry.

Key Data Points: The report presents important data points such as,

  • Number of Food & Beverage Outlets
  • Trends in Sales per Outlet
  • Number of outlets of leading QSR Chains
  • Revenue Estimates by Different Size Categories
  • Economies of Food Delivery Companies

FAQ

Who prepared this report?
Experienced and qualified team of Marmore MENA Intelligence has prepared this report. Since its inception, Marmore has published over 1000 research reports and covered more than 25 varied industries and policy segments; all focused primarily on the GCC economies.

How exhaustive is this report?
The report spans 48 pages

Do you have updates?
No. This is a one off report.

Can I only download certain sections of the report?
No. The report can be downloaded in full length only

Can we ask questions?
Yes, by all means. You can write your queries to us at enquiry@e-marmore.com

Table of Contents

  • Executive Summary
  • Industry Overview
  • Country Overview
  • Top Trends in F&B industry
  • Online ordering & Takeaway: A key business segment
  • Immunity Boosting Products ‚Äì Will the rising trend last long?
  • Global vs Local Players: Who will win?
  • High rentals: Will it spoil the party?
  • Will Cloud Kitchen trend heads up in GCC?
  • Who is buying whom? M&A deals in F&B Space
  • Hurdles: The usual and the unusual suspects
  • Success story: Talabat Case Study

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