Saudi Arabia’s QSR market to grow to $16.62b by 2033
It is expected to rise with a CAGR of 6.78%.
The Saudi Arabia Quick Service Restaurants (QSR) market is expected to reach $16.62b by 2033 from $9.23b in 2024, with a compound annual growth rate (CAGR) of 6.78% from 2025 to 2033, according to Research and Markets.
This is attributed to shifting customer preferences, the growing middle class, rapid digitisation, robust tourism growth, more health consciousness, government support for the food business, and a changing eating culture that emphasises variety and speed.
The report noted that the majority of Saudi Arabia's population is young, with many individuals under 30. This demographic prefers QSRs due to their fast service, affordability, and filling meals, as they highly prioritise speed and convenience in their eating habits.
This age group, being digital natives, welcomes technology innovations like mobile ordering and delivery options, which are typical of contemporary QSRs.
Moreover, disposable incomes have noticeably increased as a result of Saudi Arabia's growing economy, especially for the country's growing middle class.
The QSR sector is expanding as a result of this demographic transition, which allows more consumers to set aside a portion of their income for eating out.
The introduction of multinational fast-food franchises, including McDonald's, KFC, and Starbucks, has resulted in an expansion of the Saudi Arabian QSR market.
On the other hand, local firms catered to Saudi’s cultural tastes by adding regional flavours, spices, and halal ingredients to their menus.
The report also highlighted that to maintain profitability in a difficult economic climate, QSRs need to figure out how to streamline their supply chain, increase operational effectiveness, and put cost-effective solutions into place.
