Full-service Restaurants in The Middle East and Africa

Delivery

This report comes in PPT.

Key Findings

Full-service restaurants are set to recover by 2025

Full-service restaurants in the Middle East showed smaller than average decline over the last five years and continue demonstrating healthy growth. The UAE was the first market to recover after the pandemic in 2022, with Israel expected to reach pre-pandemic value in 2022, while other markets are showing slower recovery pace.

The impact of the pandemic is different across various full-service restaurants

The strong association between pizza restaurants and food delivery as well as its infrastructure designed for drive-through has resulted in a lower impact during the pandemic on pizza full-service restaurants. Moreover, one of the prominent types of restaurants within the region is Middle Eastern full-service restaurants which is the biggest category within the region. Although Latin American restaurants witnessed the lowest decline in absolute value, they were hit the most by the pandemic.

Saudi Arabia and the UAE will contribute to 80% of future sales

Over the next five years, the two biggest markets will drive regional sales by developing urban areas, attracting high-income expats and tourists, utilising government investments and hosting global events. While the UAE is already a well-known financial, economic and travel hub, Saudi Arabia has introduced a Vision 2030 programme to transfer the country to a world-class vibrant society, which is expected to boost the economy along with full-service restaurants.

New innovative strategies are required by key players to overcome the current challenges

The market players have to cope with the dynamic changes occurring within the industry. It is important that they re-shape their strategies to survive the current supply chain challenges. Moreover, developing the e-commerce infrastructure is essential in order to meet the rise in demand for this channel within the region.