Saudi Arabia Dairy Products Market, By Type (Drinking Milk, Butter, Cheese, Yogurt, & Others), By Distribution Channel Supermarkets/Hypermarkets, Convenience Stores, Bakala, Online, and Others), By Region, By Company, Forecast & Opportunities, 2018-2028F
Published Date: October - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationSaudi Arabia Dairy Products Market, By Type (Drinking Milk, Butter, Cheese, Yogurt, & Others), By Distribution Channel Supermarkets/Hypermarkets, Convenience Stores, Bakala, Online, and Others), By Region, By Company, Forecast & Opportunities, 2018-2028F
Saudi Arabia Dairy Products Market is anticipated to grow at an impressive CAGR during the forecast period. The market is expanding owing to the flourishing dairy industry and increasing consumption of milk and dairy products. Moreover considering that, dairy products account for a large portion of the Saudi Arabian diet, the Saudi Dairy Products Market will be dominated over the medium-term by significant consumption of milk and milk products. The country places a high value on dairy products to satisfy its dietary needs, which propel the dairy industry. Further, rising awareness towards the benefits of milk and related products and the growing trend of fitness is anticipated to drive the market growth during the forecast period in Saudi Arabia.
Dairy is a place where milk is kept and butter, cheese, yogurt, and other milk-related products are made. Saudi Arabia's dairy products market is witnessing a rise in demand for value-added dairy products such as ghee, butter, cheese, ice cream, probiotic drinks, and others.
According to Food and Agriculture Organization data 2021, Saudi Arabia's milk and milk product statistics of production are 2.675 million tonnes. The import of milk and milk product was 2.681 million tonnes and export were 1.429 million tonnes.
Demand for Dairy Products Has Increased
Dairy products is a significant component of the Saudi diet. The market for dairy
Rising Demand of Bakery Products Drives Market Growth
Dairy-derived flavors are becoming more popular as a result of their greater usage in baked products like cookies and cakes. Also, the rising interest of consumers towards baking in Saudi Arabia has caused the demand for dairy products like milk, butter, and cream to increase. Additionally, as a quick and practical source of nutrition, energy, and protein, the demand for unique on-the-go dairy products is continually rising in the country. Most bakery products require dairy products such as milk, butter, yogurt, and others which come from dairy. Therefore, with the rising demand of bakery the Saudi Arabia Dairy Products Market is growing.
Consumer Preference for Natural Ingredients Setting New Standards for Flavors Derived from Dairy
Due to growing health consciousness, consumers demand more products created exclusively from natural components. The market for natural flavors produced from dairy is being driven by consumers' changing purchasing patterns, which have encouraged manufacturers to utilize more natural components in their products. Since, consumers still place a higher value on taste than nutrition, the manufacturers of functional milk products have observed this trend, and sales of flavors made from dairy products are on the rise. In the upcoming years, it is anticipated that the market for dairy-derived flavors would grow due to the increasing demand for natural ingredients which will also increase the demand of dairy products in Saudi Arabia.
Market Segmentation
Saudi Arabia's dairy products market is segmented into type and distribution channels. Based on product type, the market is segmented into drinking milk, butter, cheese, yogurt and others. Based on distribution channel, the market is segmented into supermarkets/hypermarkets, convenience retailers, Bakala, online, and others. The market also studies regional segment which includes western, northern & central, eastern, and southern.
Market Players
Almarai Company, Saudia Dairy and Foodstuff Company (SADAFCO), National Agriculture Development Company (NADEC), Mondelēz Arabia for Trading LLC, Al Muhaidib Group (Nestle), Al Faisaliah Group, Al Othman Agriculture Production and Processing Company (NADA), Danya Foods Ltd, Al Safi Danone Ltd, and Pinar Dairy Food Co, etc. are
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Thousands; CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | TypeDistribution ChannelRegion |
| Regional scope | Western, Northern & Central, Eastern, Southern |
| Key companies profiled | Almarai Company, Saudia Dairy and Foodstuff Company (SADAFCO), National Agriculture Development Company (NADEC), Mondelēz Arabia for Trading LLC, Al Muhaidib Group (Nestle), Al Faisaliah Group, Al Othman Agriculture Production and Processing Company (NADA), Danya Foods Ltd, Al Safi Danone Ltd, Pinar Dairy Food Co, etc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report,
- Saudi Arabia Dairy Products Market, By Type
- Drinking Milk
- Butter
- Cheese
- Yogurt
- Others
- Saudi Arabia Dairy Products Market, By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Bakala
- Online
- Others
- Saudi Arabia Dairy Products Market, By Region
- Western
- Northern & Central
- Eastern
- Southern
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