Saudi Arabia: Food Service - Hotel Restaurant Institutional Annual
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.