Saudi Arabia’s non-alcoholic beverage market revenue is approximately $10.09 billion. The non-alcoholic beverage market is expected to reach 9004.7 million liters by 2027. Therefore, Mashreq puts in the hands of its customers a detailed study on the feasibility of a popular cafe project in Saudi Arabia, according to the latest official statistics and data.
What is a popular coffee shop project?
The idea of a popular café project is based on creating or equipping a place. It serves hot and cold drinks to its patrons. A popular café project in Saudi Arabia is one of the most successful and secure investments due to the wide age group it targets.
A popular café project relies on qualified technical labor and its heritage décor will be an attraction for the public and as a result the project will be able to compete and carve out a share of the target market.
According to Statista, the global non-alcoholic beverage market was valued at USD 1.32 trillion in 2022 and is expected to reach USD 1.78 trillion in 2027, achieving a CAGR of 6.2% during the period (2022-2027).
First: Non-alcoholic beverages (bottled water, juices and sodas)
The soft drinks segment represents the largest segment in the Saudi Arabian beverage market at USD 6.75 billion.
In terms of total population. Revenue per person of $277.70 USD was realized.
The non-alcoholic beverage market per capita is 229.23 liters.
wAnnie: Hot drinks
The hot beverage market in Saudi Arabia has a revenue of $3.91 billion.
Coffee represents the largest segment of the hot beverage market at $2.42 billion.
In terms of total population. Revenue of $107.70 per capita was realized.
The volume of hot drinks is expected to reach 120.4 million kilograms by 2025.
The per capita share of the hot beverage market is 3.12 kg.