Saudi Arabia Frozen and Retail Bakery Market Size By Type (Frozen Product, Retail Product), By Product (Bread, Cakes, Pastries, Bakery Cooking Ingredients, Other Frozen Bakery Goods), And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Saudi Arabia Frozen and Retail Bakery Size And Forecast

Saudi Arabia Frozen and Retail Bakery Market size was valued at USD 17,484.96 Million in 2022 and is projected to reach USD 36,542.52 Million by 2030, growing at a CAGR of 9.92% from 2023 to 2030.

One of the key driving factors for the frozen and retail bakery market is the increasing demand for convenient ready-to-eat and frozen food products. Also, the growing tourism industry in Saudi Arabia presents a significant opportunity for businesses in the frozen and retail bakery market. The Saudi Arabia Frozen and Retail Bakery Market report provide a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Saudi Arabia Frozen and Retail Bakery Market Definition

Frozen bakery refers to baked goods that are pre-cooked, frozen, and then thawed before they are sold or consumed. Examples of frozen bakery products include frozen bread, pastries, cakes, and cookies. These products are typically sold to retailers or food service providers who then thaw and finish them before selling them to consumers. Frozen bakery products are convenient because they have a longer shelf life than freshly baked goods, and they can be easily transported and stored.

On the other hand, retail bakery, , refers to a traditional bakery where baked goods are made fresh on the premises and sold directly to consumers. Retail bakeries may specialize in a variety of baked goods, including bread, cakes, pastries, cookies, and more. These products are typically made from scratch using high-quality ingredients and may be sold in a retail storefront, at a farmers’ market, or through online channels. Retail bakeries may also offer custom cake and pastry designs for special occasions such as weddings, birthdays, and holidays.

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Saudi Arabia Frozen and Retail Bakery Market Overview

One of the key driving factors for the frozen and retail bakery market is the increasing demand for convenient ready-to-eat and frozen food products. In today’s fast-paced world, consumers are often looking for quick and easy meal options that can be prepared and consumed quickly, without compromising on taste or quality. Frozen and retail bakery products, such as pies and tarts, pizzas, bread, pastries, cakes, and cookies, offer a convenient solution for busy individuals and families who are looking for a quick and easy way to satisfy their hunger cravings.

Okay, so convenience is a huge reason why people are buying more frozen and pre-made bakery stuff. We're all looking for food that's easy and fast to get on the table, but still tastes good, right? Frozen and bakery items from the store totally fit the bill – perfect for those of us who are busy but still want to enjoy a treat without all the baking hassle. Plus, let's be honest, the fact that they last ages in the freezer or pantry is a major win. You can stock up and have your favorite goodies ready to go pretty much anytime!

Okay, so here's the dealthe frozen and retail bakery market in Saudi Arabia is facing a major hurdle – the infrastructure just isn't quite there yet. Even though the country's economy is booming, this is holding things back. The big problem? Keeping things cool! Imagine trying to transport and store delicate bakery items in that crazy Saudi heat. Without proper refrigeration, everything melts or goes stale, which nobody wants. That kind of thing can really hurt a brand's reputation and make customers think twice about buying.

Hey, get thisSaudi Arabia's booming tourism scene is a huge chance for frozen and retail bakeries! As more and more people visit, they're gonna want to try local eats, especially baked goodies. Tourists love diving into the culture through food. Bakeries can totally capitalize on this by whipping up treats that scream "Saudi Arabia," like those amazing date-filled pastries and traditional Arabic bread. But, don't forget the international crowd! Offering gluten-free and vegan options is a smart move. It'll bring in all sorts of customers and really boost those sales!

Segmentation Analysis – Saudi Arabia Frozen and Retail Bakery Market

Think about the Saudi Arabia Frozen and Retail Bakery Market – it's broken down in a few key ways. First, by Productyou've got your frozen goodies versus what you find fresh in retail. Then, digging deeper into frozen products, we're talking about everything from Breads (like sliced breads and burger buns) to Cakes (cupcakes, muffins – the works!), Pastries (think puffs, croissants, and even pizza!), and other Bakery Cooking Ingredients, plus a bunch of other frozen treats. On the retail side, it's a similar story, with Breads (sliced breads, burger buns), Cakes (cupcakes, muffins, brownies, layered cakes), Pastries (puffs, croissants, sandwiches, pizza, pies, filled puffs), Bakery Cooking Ingredients, salty and traditional snacks and so on. We can also look at the market based on Distribution Channelare we talking about retail stores or foodservice operations? Then there's the Applicationare we dealing with fresh, unpackaged products or packaged, branded ones? Finally, consider the Baking Levelare the items fully baked, ready to bake, or ready to prove?

Saudi Arabia Frozen and Retail Bakery Market, By Type

To Get a Summarized Market Report By Type-

Retail Product accounted for the largest market share of 91.15% in 2022, with a market value of USD 1,547.37 Million and is projected to grow at a CAGR of 10.18% during the forecast period. Frozen Product was the second-largest market in 2022, valued at USD 1,547.37 Million in 2022; it is projected to grow at the highest CAGR of 7.00%.

Saudi Arabia Frozen and Retail Bakery Market, By Product

To Get a Summarized Market Report By Product-

Breads accounted for the largest market share of 35.24% in 2022, with a market value of USD 545.30 Million and is projected to grow at the highest CAGR of 7.57% during the forecast period. Cakes were the second-largest market in 2022, valued at USD 368.55 Million in 2022; it is projected to grow at a CAGR of 7.11%.

Key Players

The “Saudi Arabia Frozen and Retail Bakery Market” study report will deliver valuable insight with an emphasis in the market. The major players in the market are Associated British Foods plc, Aryzta AG, General Mill, Europastry, Conagra Brands, Inc., Lantmannen Unibake, Flower Foods, Forsan Foods and Consumer Products Ltd., Prima International, and Sunbulah Group.

Key Developments

 

  • Primark’s expensive new sustainability strategy has been revealed by Associated British Foods plc, the diversified worldwide food, ingredients, and retail firm. Net of mitigating measures, Primark’s sustainable transition will only slightly increase expenses in several parts of the business from now until 2030. The company is confident in Primark’s capacity to reduce those rising expenses without having a meaningful short-term impact on its operating profit margin or a long-term impact on the margin. The Group also thinks that Primark Cares offers a chance to increase sales from both current and potential customers.
  • According to Lindsay Goldberg, the company’s affiliates have signed a legal agreement to acquire ARYZTA North America, one of the major B2B suppliers of frozen baked goods in the United States and Canada, from ARYZTA AG.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Associated British Foods plc, Aryzta AG, General Mill, Europastry, Conagra Brands, Inc., Lantmannen Unibake, Flower Foods, Forsan Foods and Consumer Products Ltd., Prima International, and Sunbulah Group.

SEGMENTS COVERED

Product And Type.

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Saudi Arabia Frozen and Retail Bakery Market Infographic

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