Nasrulla Abdul Mujeeb’s Post

Having experienced Riyadh's transformation firsthand, it's evident: Saudi Arabia's food service market is poised for rapid expansion. With increased dining out, higher orders, and a propensity for experiential spending, the market is primed for significant growth. What does this mean for industry players? Opportunities abound: As consumer habits shift towards dining experiences, there's ample room for restaurants, delivery services, and hospitality ventures to thrive. Innovation is key: Meeting evolving consumer demands requires innovation in menu offerings, delivery methods, and customer experiences to stay ahead in this dynamic market. Collaboration is crucial: Partnerships across the supply chain—from food suppliers to tech platforms—are essential for meeting the growing demands. Adaptability is a must: Staying agile in response to changing consumer preferences and market dynamics will be pivotal for long-term success in this flourishing landscape. Redseer Middle East II Redseer Strategy Consultants #saudi #saudiarabia #saudifooddelivery #fooddeliveryKSA #KSA

As Saudi Arabia continues its dynamic journey toward Vision 2030, F&B stands at the forefront of transformation. From rapid innovation and emerging trends to significant investments and evolving consumer expectations, the kingdom's food and beverage landscape is set for an exciting future. A recent panel discussion at HORECA Riyadh explored the future of Saudi Arabia’s F&B sector, addressing growth opportunities, operational challenges and the impact of technology. Discussions highlighted AI-driven innovations, strategies for financial resilience, and the importance of quality amid market expansion. Ziad Kassabieh Abdul Kader (Aboudi) Saadi Foodics Modern Food Company Ltd. Naji Haddad Kamal Marghlani Youssef Akiki https://lnkd.in/dbW-SrHb

Over the last decades, the restaurant industry has been very successful in the KSA (and in the Middle East in general). There’s been a diversification across growing segments, and also an increment in the sophistication level of operators as the penetration of chains has doubled over the last twenty years. If the brand is local there may be a struggle to set up SOPs, bring systems up to global standards, and gain traction for brand recognition. If the brand is international, there will be challenges to manage regional supply chains, achieve a successful brand translation, adapt marketing and technology, comply with customs and labor laws, and resonate with regional cultures and audiences. The hospitality business is complex, margins are shrinking, and customer loyalty is a struggle as it never was. But there’s also plenty of opportunity and paths to successfully operate in this ”new normal”. #restaurants #ksa #middleeast

Elevating #Restaurant #Operations in #SaudiArabia In #Saudi Arabia’s dynamic #hospitality landscape, effective restaurant operations #management is key. Cultural sensitivity is crucial, as dining is a #social affair reflecting rich traditions. Embracing digitalization, with a 99% internet penetration rate, restaurants are integrating #technology to streamline operations and enhance #guest #experiences. Online ordering, real-time #inventory management, and modern #POS systems are becoming standard. #Staff training tailored to Saudi #etiquette ensures #service #excellence. Crafting #memorable #experiences for Saudi patrons involves meticulous attention to ambiance, menu, and service. #Sustainability is also a priority, with #eco-friendly practices gaining traction. #Financial acumen is vital for #profitability in Saudi Arabia’s competitive market. Engaging with customers through digital #loyalty programs and responsive online platforms fosters a loyal clientele. As we blend tradition with innovation, Saudi restaurants are setting new #standards in hospitality. Join the dialogue and share your insights on advancing restaurant operations in Saudi Arabia.

The rapid growth of Saudi Arabia's HORECA sector has exposed significant supply chain gaps, especially for SMEs. Here’s why: 1. Shift to Smaller Formats -Transition from large restaurants to niche cafés and casual dining. -Smaller restaurants need frequent, smaller deliveries. - Large traditional suppliers prefer the opposite. 2. Fragmented Supplier Relationships -Smaller restaurants must manage multiple suppliers. -Increased logistical challenges and lower priority from suppliers. 3. Delivery and Inventory Issues -Traditional suppliers focus on large, infrequent deliveries. -SMEs face long lead times, overstocking, and cash flow issues. 4. Financial Strain -Suppliers demand cash-on-delivery or short-term payment terms. -SMEs lack financing options like Buy Now, Pay Later (BNPL). 5. Technology Gaps -Traditional supply chains are not digitalised. -Manual processes lead to inaccuracies and inefficiencies. 6. Increased Competition -Small restaurants face higher costs and lower margins. -Fragmented supply chain hampers economies of scale. #HORECA #SupplyChain #SMEs #SaudiArabia #Jumlaty

Restaurant and Hotels sales (two segments of HORECA) were lagging behind other industries in the KSA in the last year (taking May 2024 vs May 2023 and based on POS transactions). Weakening sales and falling margins can shake confidence. But while the challenges facing the foodservice industry in the GCC are more complex than regional operators have had to deal with in the past, the right strategies can put them on the path for long-term, sustainable growth. https://lnkd.in/d_X-Ws9A #restaurants #ksa #mena

The Thriving F&B Scene in Saudi Arabia 🚀 Saudi Arabia’s Food & Beverage Industry: Opportunities Are Booming! The F&B sector in Saudi Arabia is undergoing a remarkable transformation, fueled by Vision 2030, technological advancements, and evolving consumer preferences. The market is projected to grow from USD 31.69 billion in 2024 to USD 61.77 billion by 2032, with a CAGR of 8.70%. What’s Driving This Growth? 1️⃣ Vision 2030: The government’s focus on tourism and entertainment is fostering massive innovation in the F&B industry. 2️⃣ Evolving Tastes: Young, affluent consumers are embracing premium-casual dining experiences and global culinary diversity. 3️⃣ Tech Revolution: Food delivery platforms and digital solutions are reshaping how people dine, offering unparalleled convenience. Opportunities for Professionals: 💡 Consulting: Guide businesses in concept development, market entry, and operations. 💡 Event Management: Curate standout food festivals and hospitality events. 💡 Digital Leadership: Share insights and trends to position yourself as a thought leader. This dynamic environment isn’t just a market—it’s a stage for innovation, creativity, and collaboration. Let’s explore the potential and shape the future of Saudi Arabia’s vibrant F&B landscape together! 👉 Share your thoughts: What excites you most about the F&B scene in Saudi Arabia? #FandBIndustry #SaudiArabia #Vision2030 #FoodInnovation #HospitalityTrends #FoodTech #CulinaryArts #DiningExperiences #Gastronomy #RestaurantConsulting #HospitalityProfessional #FoodService #FoodDelivery #FoodFestival #Foodie #ChefLife #RestaurantBusiness #DigitalTransformation #BusinessOpportunities #MiddleEastFandB #EventManagement #FoodTrends #SaudiVision2030 #RestaurantGrowth #FandBConsulting  

Only 1 day to go until FFCC Riyadh 2024, powered by Foodics - see you all there tomorrow! Get ready for an inspiring day packed with insights and networking opportunities. From balancing geopolitical trends with profitability, to leveraging Vision 2030 for industry growth, and exploring AI integration for smart restaurants, this event has it all. Join us for a day of thought-provoking sessions and valuable connections! Get your tickets now and secure your spot for this unmissable event! Agenda Highlights: 11:00 - Welcome Address 11:10 - Balancing Geopolitical Trends with Restaurant Profitability and Offerings 11:25 - Global Insights on the Future of Hospitality with a Focus on Experience, Design and Technology 12:00 - The Vision 2030 Initiative - A Growth Catalyst for the Restaurant Industry 12:50 - Saudi Arabia - Restaurant and Foodservice Trends 15:30 - Creating Value: Aligning  your Offerings with Customer Expectations 16:25 - Frozen Fries Frenzy: Unveiling Global Growth and the Impact of Saudi Arabia’s Local Footprint 16:30 - Data is the New Cooking Oil: Using Technology to Drive Digital Growth 16:35 - Closing the Gap with Digital Solutions for the Food Supply Chain 16:35 - Masterclass in Delivery: Boosting your Restaurant’s Profit with Every Order 17:15 - What Makes Top Brands Stand Out in a Competitive Market? 17:20 - Fast, Efficient, and Connected: Driving Energy Efficient and Digital Innovation in Quick Service Restaurants 17:30 - Putting Brand Licensing on your Plate! 17:40 - Local SEO: The Sectret to Getting Found on Page 1 Google without Spending Millions on Google Ads 18:15 - Driving Efficiency and Customer Experiences in your Drive-Thru Services 18:55 - Smart Restaurants: Ways to Integrate AI into your Day-Day Operations #FFCC2024 #Riyadh #FoodIndustry #Networking #Innovation

📊𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐄𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐊𝐮𝐰𝐚𝐢𝐭 𝐂𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 The Kuwait Catering Services Market is projected to grow at a considerable CAGR during the forecast period, i.e., 2023-28. 📑𝐉𝐮𝐬𝐭 𝐢𝐧 𝐎𝐧𝐞 𝐂𝐥𝐢𝐜𝐤, 𝐆𝐞𝐭 𝐔𝐧𝐩𝐚𝐢𝐝 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝟐𝟎𝟐𝟓-𝟑𝟎)- https://lnkd.in/dnSN-wwC ✅𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 ▶️𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Government initiatives to develop sectors beyond oil and gas are spurring investments in hotels, restaurants, shopping malls, and cafes, creating a booming demand for top-notch catering services. ▶️𝐑𝐢𝐬𝐢𝐧𝐠 𝐖𝐨𝐫𝐤𝐢𝐧𝐠 𝐏𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧: The increasing number of professionals with minimal time for cooking is driving demand for convenient, high-quality catering solutions across corporate offices, schools, and colleges. ✅𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲: The Kuwait Catering Services Market presents a significant growth opportunity through 2028. With a focus on economic diversification, government investment in various sectors like hospitality, and the rising population along with increased tourism, the demand for catering services is on the rise. Online catering services are gaining momentum, catering to the busy working population's needs. Themed restaurants and fine-dining eateries are emerging as popular choices, especially in corporate settings, leading to enhanced employee satisfaction. #KuwaitCatering #CateringServicesKuwait #KuwaitEvents #KuwaitHospitality #EventCateringKuwait #CorporateCateringKuwait #KuwaitFoodService #WeddingCateringKuwait #PartyCateringKuwait #KuwaitCaterers #CateringBusinessKuwait #HospitalityKuwait #marketresearch #researchreport #marknteladvisors

🚀 Exploring the Growth of the Qatar Food Service Market 🇶🇦🍽️ The Qatar Food Service Market is witnessing significant growth, fueled by a booming population, rising tourism, and changing consumer preferences. With increasing demand for diverse dining experiences and a shift towards healthier, more sustainable food options, the market offers lucrative opportunities for both local and international businesses. Request For Sample : https://lnkd.in/gfjDUjer Key trends driving this growth include: A rise in demand for healthier, organic, and plant-based food choices. A growing preference for delivery and online food ordering services. Increased investment in innovative dining concepts and fast-casual dining experiences. As the market continues to expand, businesses in the food service industry must stay agile and responsive to changing consumer behaviors, preferences, and trends. 📊 Top Key Players : AMWAJ Catering Services SHAQAB Qatar Star Services Integrated Facility Services Qatar Aircraft Catering Company AYTB Perfect Food Group Dunes Catering W.L.L. Buy Full Report : https://lnkd.in/gfjDUjer At DigiRoads Research, we are closely monitoring these developments and providing key insights to help businesses tap into this thriving market. 📈 #QatarFoodServiceMarket #FoodIndustryTrends #QatarBusiness #DigitalMarketing #MarketInsights #DigiRoadsResearch