Saudi Arabia Pizza Restaurants Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 11.35 % |
| Market Concentration | Low |
Major Players.webp){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
Saudi Arabia Pizza Restaurants Market Analysis
Saudi Arabia's Pizza Restaurant Market is anticipated to register a CAGR of 11.35% over the next five years.
Pizzas are authentic Italian food that is loved by all age groups. In Saudi Arabia, the penetration of Western culture is slowly increasing due to education, jobs, and other factors owing to which the demand for Western food is increasing in the country. Additionally, consumer demand for ready-to-eat convenience food is also increasing in the country due to busy lifestyles, hectic work schedules, and an increasing working population. Pizza restaurants provide a variety of pizzas under one roof with the addition of different cuisines. The market players are adopting new strategies to increase their consumer base. For instance, in November 2021, Domino's Pizza offered Curated meal deliveries to consumers in the Middle East. Under this offer, the brand provided a variety of products with different flavors and top-quality ingredients according to consumer preferences.
The increasing demand for home delivery of pizza, aided by the increasing internet connectivity and consumer spending, is projected to extensively drive the market growth. Due to busy lifestyles, consumers are opting for online food delivery systems for their pizza delivery. Additionally, due to increasing competition, the market players are applying schemes for online delivery. For instance, Dominos claims that if the delivery is not done within 30 minutes, the pizza will be free to the customers. Such schemes are attracting consumers in the country. However, the rising burger chains and other fast-food chains with more economical and satiating food offerings entice a larger share of consumers. As a result, it hampers the growth of the market studied.
Saudi Arabia Pizza Restaurants Market Trends
Strong Influence of Western Culture in the Market.
The market studied has been experiencing rapid socio-cultural changes over the past few years, mainly due to the accelerating economy, which allowed people from the country to travel to Western countries for tourism and education, thus, exposing them to Western food and culture. Additionally, increasing tourism in the country is driving the consumers to increase their consumer base due to which they are opening new restaurants in the country with the addition of multiple cuisines in the menu. Furthermore, tourism in the country is also increasing. According to the Ministry of Tourism data from 2021, 65.23 million tourists visited Saudi Arabia. Owing to this, the global players are also opening new franchises in Saudi Arabia which is driving the market. For instance, in December 2021, Papa John's expanded its presence in Saudi Arabia by partnering with PJP Investment Group.
Chained Pizza Outlets are gaining more popularity
The growth of the online food delivery market is significantly driving the chain pizza restaurant market to grow. chained pizza outlets like Domino's, Pizza Hut, and others are gaining popularity among consumers due to their quick service and innovative product offerings. Due to busy lifestyles and hectic schedules, consumers are opting for online food delivery services. Online pizza delivery sends pizza in very less time and it is fresh as well. Due to increasing urbanization and digitalization, internet connectivity is increased in the country. This has been beneficial for the chained pizza restaurant industry, allowing them to expand their reach to customers all over the country. Additionally, online food delivery offers customers the convenience of ordering food without having to leave their homes. In December 2022, Almar Foods expanded its product reach with the launch of its Domino's Store in the Middle East. The new store was launched in many countries in the Middle East including Saudi Arabia.
Saudi Arabia Pizza Restaurants Industry Overview
The Saudi Arabian pizza restaurant market is competitive and fragmented and comprises regional and international competitors. The prominent players in the market include Domino's Pizza, Daily Food Co., Yum! Brands Inc., Little Caesar Enterprises Inc., and Rave Restaurant Group. The market players are adopting new strategies like partnerships, mergers, new restaurant launches, and many more to expand the consumer base.
Saudi Arabia Pizza Restaurants Market Leaders
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Domino's Pizza
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Daily Food Co.
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Yum! Brands Inc.
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Little Caesar Enterprises Inc.
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Rave Restaurant Group
*Disclaimer: Major Players sorted in no particular order
Saudi Arabia Pizza Restaurants Market News
- In December 2022, United States-based Russo's New York Pizzeria & Italian Kitchen opened a new restaurant in Riyadh, Saudi Arabia. The products available in the restaurant include salads, burrata cheese cooked from fresh mozzarella, Italian soups, pasta as well as pizzas baked in brick ovens, calzones, and desserts.
- In July 2022, Yum Brands signed an agreement with Americana Pizza to develop and operate Pizza Hut restaurants across Saudi Arabia. Under this agreement, Americana Pizza launched 30 Pizza Hut locations across Saudi Arabia.
- In June 2022, Crazy Pizza, a brand of Majestas opened its second brand in Riyadh, Saudi Arabia. The company produces a variety of wood-fired pizzas with a variety of toppings like truffle, burrata, and zucchini flowers.
Saudi Arabia Pizza Restaurants Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Category
5.1.1 Chained Pizza Outlets
5.1.2 Independent Pizza Outlets
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Positioning Analysis
6.3 Company Profiles
6.3.1 Domino's Pizza Inc.
6.3.2 DAILY FOOD CO. (Maestro Pizza)
6.3.3 Yum! Brands Inc. (Pizza Hut)
6.3.4 Little Caesar Enterprises Inc.
6.3.5 Rave Restaurant Group (Pizza Inn)
6.3.6 Sbarro LLC
6.3.7 Pizza Era
6.3.8 Majestas (Crazy Pizza)
6.3.9 Russo's New York Pizzeria
6.3.10 Pizzeria Da Mimmo
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Saudi Arabia Pizza Restaurants Industry Segmentation
Pizza restaurants are nothing but a place where pizzas are made and sold as main food. The Saudi Arabia pizza restaurant market is segmented by category into chained pizza outlets and independent pizza outlets. The market sizing has been done in value terms in USD for all the abovementioned segments.
| Category | |
| Chained Pizza Outlets | |
| Independent Pizza Outlets |
Saudi Arabia Pizza Restaurants Market Research FAQs
What is the current Saudi Arabia Pizza Restaurants Market size?
The Saudi Arabia Pizza Restaurants Market is projected to register a CAGR of 11.35% during the forecast period (2024-2029)
Who are the key players in Saudi Arabia Pizza Restaurants Market?
Domino's Pizza, Daily Food Co. , Yum! Brands Inc. , Little Caesar Enterprises Inc. and Rave Restaurant Group are the major companies operating in the Saudi Arabia Pizza Restaurants Market.
What years does this Saudi Arabia Pizza Restaurants Market cover?
The report covers the Saudi Arabia Pizza Restaurants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Pizza Restaurants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Saudi Arabia Pizza Restaurant Industry Report
Statistics for the 2024 Saudi Arabia Pizza Restaurant market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Pizza Restaurant analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
