Market Overview
In recent years, the growth of the frozen food market has been driven by the demand for convenient and ready-to-eat meals. This shift is a result of changing lifestyles and an increase in disposable income, leading to higher consumption of frozen foods worldwide.
The GCC Market
The ready meals market is expected to reach US$ 220 billion in Year 2030.
Same Category Companies
US$ 42M in total funding amount.
The popularity of Farmer’s Fridge took the company from serving a couple hundred healthy meals a day from their vending machines to serving more than 15,000 a day.
US$ 7.5M in its latest funding round.
Saudi made, Siwar highlighted that 80% of consumers in KSA are open to purchasing frozen food. 'Ready Now' FMCG companies are focused on redefining the 'time saving' food sector in KSA and the region.