Saudi Arabia: Food Service - Hotel Restaurant Institutional Annual

  |   Attaché Report (GAIN)   |   SA2024-0013
The HRI sector is witnessing remarkable growth, fueled by urbanization, a surging population, rising disposable incomes, shifting social and cultural trends, and a thriving tourism industry. The Saudi food retail market, currently valued at $30 billion, is projected to grow by another $15 billion by 2030. Although U.S. food products face strong competition in the local market, they are generally held in high regard.

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