Saudi grocery market set for growth


October 31, 2012 | By RetailME Bureau

The grocery market in the kingdom is driven mainly by a rising population, improving education and changing shopping habits but it continues to be fragmented with small stores still accounting for majority of grocery sales. GCG expects big retailers to corner increased market share by opening new stores at the expense of smaller ones as the changing lifestyle of the Saudi population is favouring large format grocery retailers.  The report also notes that shopping habits in the kingdom are changing and moving closer to a western lifestyle. This change is driven by a young population which increasingly shops at supermarkets and hypermarkets rather than traditional stores. Even the older generation’s preference for the convenience offered by supermarkets and hypermarkets is pronounced.  Given the limited options for entertainment, Saudi families tend to visit large format stores for entertainment.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /



MENA’s retail pioneer Union Coop has further solidified its retail presence in 

Continue Reading

May 5, 2025 | By RetailME Bureau

As the demand for healthier food choices surges, ROOTS Food is leading 

Continue Reading

April 10, 2025 | By Anurima Das

A new chapter unfolds for the leading tech-driven, hyperlocal e-commerce company, Rabbit, 

Continue Reading

April 8, 2025 | By RetailME Bureau

Lulu Retail, the GCC’s retail powerhouse, has reported a transformative FY 2024, 

Continue Reading

February 11, 2025 | By RetailME Bureau
Lulu and MoIAT join hands to promote UAE-made products

The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu 

Continue Reading

December 6, 2024 | By RetailME Bureau
Sunil Kumar, CEO, Spinneys

Starting as a shelf packer in 1994, Sunil Kumar saw his way 

Continue Reading

October 29, 2024 | By RetailME Bureau
Sunil Kumar and Debashish Mukherjee at MRF 2024

What does it take to sustain profitable growth in the post-IPO phase? 

Continue Reading

October 23, 2024 | By Anurima Das

Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in 

Continue Reading

October 7, 2024 | By Anurima Das
Naresh Kumar Bhawnani, Founder & Chairman, West Zone Group

“Retail is a people’s business. When building a retail brand or the 

Continue Reading

October 3, 2024 | By RetailME Bureau
Sunil Kumar, CEO, Spinneys

From being one of the first retailers in Dubai to ban single-use 

Continue Reading

October 1, 2024 | By RetailME Bureau
Walid Shabana, Co-founder & CTO, Rabbit

For starters, Rabbit is a growing e-commerce grocery platform in Egypt always 

Continue Reading

September 30, 2024 | By RetailME Bureau
Arunachalam Palaniappan, CTO, Choithrams

In 2024 grocery retail major Choithrams has achieved several milestones underscoring its 

Continue Reading

September 12, 2024 | By RetailME Bureau




Download Images RetailME Magazine