Jobseekers Area
Useful Information
Retail Food Sector
Industry size and potential
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The kingdoms population is expected to double in 20 years.
Saudi Arabia has a very young population with about 56% under the age of 20 which
will lead to tremendous changes both socially and economically. Accordingly there
is huge growth potential in the Saudi food retail market; however supermarkets still
account for only 30% of all food purchases compared to 90% in more mature markets.
Supermarket shopping is considered one of the main forms
of entertainment for the Saudi family which lead many supermarkets to build large
play areas for children surrounded by boutiques, cafes, barber shops and fast food
restaurants.
In the last few years the food retail market has begun to
change with local companies expanding and new international players entering the
market.
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