Introduction
Saudi Arabia’s grocery store industry is a competitive market with several prominent brands vying for market share. In this report, we will explore the top 10 grocery store brands in Saudi Arabia based on their market share, financial data, and industry insights.
1. Panda Retail Company
Overview
Panda Retail Company, a subsidiary of Savola Group, is one of the largest grocery store chains in Saudi Arabia. With over 200 stores nationwide, Panda has a significant market share in the country’s retail sector.
Financial Data
In 2020, Panda Retail Company reported revenues of SAR 15.6 billion, making it one of the top-performing grocery store brands in Saudi Arabia.
2. Othaim Markets Company
Overview
Othaim Markets Company is another key player in the Saudi Arabian grocery store industry. The company operates a chain of supermarkets and hypermarkets across the kingdom.
Financial Data
Othaim Markets Company reported revenues of SAR 10.2 billion in 2020, solidifying its position as one of the top grocery store brands in Saudi Arabia.
3. Tamimi Markets
Overview
Tamimi Markets is a well-known grocery store brand in Saudi Arabia, with a strong presence in the market. The company offers a wide range of products and services to its customers.
Financial Data
In 2020, Tamimi Markets reported revenues of SAR 8.5 billion, demonstrating its significant market share in the Saudi Arabian retail sector.
4. Danube Company Limited
Overview
Danube Company Limited is a leading grocery store brand in Saudi Arabia, known for its high-quality products and customer service. The company operates a chain of supermarkets and hypermarkets across the country.
Financial Data
Danube Company Limited reported revenues of SAR 7.8 billion in 2020, highlighting its strong performance in the competitive retail market.
5. Carrefour Saudi Arabia
Overview
Carrefour Saudi Arabia is a popular grocery store brand in the kingdom, offering a wide range of products at competitive prices. The company operates several hypermarkets and supermarkets in key locations across Saudi Arabia.
Financial Data
In 2020, Carrefour Saudi Arabia reported revenues of SAR 6.4 billion, establishing itself as a top player in the Saudi Arabian retail sector.
6. Lulu Hypermarket
Overview
Lulu Hypermarket is a well-established grocery store brand in Saudi Arabia, known for its extensive product offerings and competitive pricing. The company operates a chain of hypermarkets and supermarkets in the kingdom.
Financial Data
Lulu Hypermarket reported revenues of SAR 5.9 billion in 2020, showcasing its strong market presence and performance in the Saudi Arabian retail industry.
7. Al Raya Supermarkets
Overview
Al Raya Supermarkets is a prominent grocery store brand in Saudi Arabia, offering a wide range of products to its customers. The company has a strong presence in key cities across the kingdom.
Financial Data
In 2020, Al Raya Supermarkets reported revenues of SAR 4.6 billion, demonstrating its significant market share in the competitive Saudi Arabian retail sector.
8. Manuel Market
Overview
Manuel Market is a popular grocery store brand in Saudi Arabia, known for its premium products and exceptional customer service. The company operates several supermarkets in strategic locations across the kingdom.
Financial Data
Manuel Market reported revenues of SAR 3.8 billion in 2020, highlighting its strong performance in the Saudi Arabian retail market.
9. Farm Superstores
Overview
Farm Superstores is a well-known grocery store brand in Saudi Arabia, offering a diverse range of products to its customers. The company has a strong presence in both urban and rural areas across the kingdom.
Financial Data
In 2020, Farm Superstores reported revenues of SAR 2.9 billion, solidifying its position as a key player in the Saudi Arabian retail sector.
10. Al Sadhan Hypermarkets
Overview
Al Sadhan Hypermarkets is a leading grocery store brand in Saudi Arabia, known for its competitive pricing and wide product selection. The company operates several hypermarkets in key locations across the kingdom.
Financial Data
Al Sadhan Hypermarkets reported revenues of SAR 2.5 billion in 2020, demonstrating its strong market presence and performance in the Saudi Arabian retail industry.
In conclusion, these top 10 grocery store brands in Saudi Arabia play a significant role in the country’s retail sector, with each brand contributing to the overall market share and competition in the industry. By analyzing their financial data, market presence, and industry insights, it is evident that these brands are key players in the Saudi Arabian grocery store market.