Introduction
Saudi Arabia is known for its rich culinary traditions, with a growing demand for halal food products. In this report, we will delve into the top 10 halal food stores in Saudi Arabia by market share, providing insights into their financial performance, industry trends, and overall market dominance.
1. Al Baik
Overview
Al Baik is a household name in Saudi Arabia, known for its delicious fried chicken and fast-food offerings. With over 100 branches across the country, Al Baik commands a significant market share in the halal food industry.
Financial Performance
Al Baik reported revenues of SAR 1.5 billion in 2020, showcasing its strong presence in the market. The company continues to expand its footprint, catering to the growing demand for halal fast food in the region.
2. Herfy
Overview
Herfy is another major player in the halal food industry in Saudi Arabia, offering a wide range of fast-food options and bakery products. The company has a strong presence with over 300 outlets nationwide.
Financial Performance
Herfy reported revenues of SAR 2.2 billion in 2020, demonstrating its robust financial performance and market share. The company’s focus on quality and innovation has helped it maintain its position as a top halal food store in the country.
3. Tamimi Markets
Overview
Tamimi Markets is a popular supermarket chain in Saudi Arabia, offering a wide selection of halal food products to its customers. With over 40 branches, Tamimi Markets caters to the diverse needs of consumers in the country.
Financial Performance
Tamimi Markets reported revenues of SAR 3.5 billion in 2020, highlighting its strong market position in the halal food retail sector. The company’s focus on quality and customer service has contributed to its success in the industry.
4. Panda Retail Company
Overview
Panda Retail Company is a leading supermarket chain in Saudi Arabia, offering a wide range of halal food products to its customers. With over 200 branches, Panda Retail Company has a strong presence in the market.
Financial Performance
Panda Retail Company reported revenues of SAR 5.2 billion in 2020, showcasing its strong financial performance and market share. The company’s commitment to quality and innovation has helped it maintain its position as a top halal food store in the country.
5. Farm Superstores
Overview
Farm Superstores is a popular supermarket chain in Saudi Arabia, offering a wide selection of halal food products to its customers. With over 50 branches, Farm Superstores caters to the diverse needs of consumers in the country.
Financial Performance
Farm Superstores reported revenues of SAR 2.8 billion in 2020, highlighting its strong market position in the halal food retail sector. The company’s focus on quality and customer service has contributed to its success in the industry.
6. Lulu Hypermarket
Overview
Lulu Hypermarket is a well-known hypermarket chain in Saudi Arabia, offering a wide range of halal food products to its customers. With over 15 branches, Lulu Hypermarket caters to the diverse needs of consumers in the country.
Financial Performance
Lulu Hypermarket reported revenues of SAR 4.1 billion in 2020, showcasing its strong financial performance and market share. The company’s commitment to quality and innovation has helped it maintain its position as a top halal food store in the country.
7. Manuel Market
Overview
Manuel Market is a popular supermarket chain in Saudi Arabia, offering a wide selection of halal food products to its customers. With over 30 branches, Manuel Market caters to the diverse needs of consumers in the country.
Financial Performance
Manuel Market reported revenues of SAR 1.9 billion in 2020, highlighting its strong market position in the halal food retail sector. The company’s focus on quality and customer service has contributed to its success in the industry.
8. Othaim Markets
Overview
Othaim Markets is a leading supermarket chain in Saudi Arabia, offering a wide range of halal food products to its customers. With over 40 branches, Othaim Markets has a strong presence in the market.
Financial Performance
Othaim Markets reported revenues of SAR 3.2 billion in 2020, showcasing its strong financial performance and market share. The company’s commitment to quality and innovation has helped it maintain its position as a top halal food store in the country.
9. Danube Hypermarket
Overview
Danube Hypermarket is a well-known hypermarket chain in Saudi Arabia, offering a wide range of halal food products to its customers. With over 20 branches, Danube Hypermarket caters to the diverse needs of consumers in the country.
Financial Performance
Danube Hypermarket reported revenues of SAR 2.5 billion in 2020, showcasing its strong financial performance and market share. The company’s commitment to quality and innovation has helped it maintain its position as a top halal food store in the country.
10. Spar Saudi Arabia
Overview
Spar Saudi Arabia is a popular supermarket chain in Saudi Arabia, offering a wide selection of halal food products to its customers. With over 30 branches, Spar Saudi Arabia caters to the diverse needs of consumers in the country.
Financial Performance
Spar Saudi Arabia reported revenues of SAR 1.7 billion in 2020, highlighting its strong market position in the halal food retail sector. The company’s focus on quality and customer service has contributed to its success in the industry.
In conclusion, the halal food industry in Saudi Arabia is thriving, with these top 10 stores leading the market in terms of market share and financial performance. As the demand for halal food products continues to grow, these companies are well-positioned to capitalize on this trend and continue their success in the industry.
