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

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.

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.

The convenience factor is one of the primary driving factors for the frozen and retail bakery market. Consumers are increasingly looking for food products that are easy and quick to prepare, without compromising on taste or quality. Frozen and retail bakery products offer a convenient solution for busy individuals and families who want to enjoy bakery items without having to spend time preparing them from scratch. One of the main advantages of frozen and retail bakery products is their long shelf life. These products can be easily stored in the freezer or pantry for weeks or even months, without losing their flavor or quality. This makes them an ideal option for consumers who want to stock up on bakery items and have them available whenever they need them.

The lack of infrastructure is a significant restraining factor for the frozen and retail bakery market in Saudi Arabia. Despite the country’s strong economic position, there are still some limitations in the infrastructure that affect the growth and development of this industry. One of the major issues is the lack of proper storage and transportation facilities. The hot climate in Saudi Arabia can make it challenging to maintain the quality and freshness of frozen and retail bakery products during transportation and storage. Without adequate refrigeration facilities, products may spoil or lose their flavor, which can negatively impact the reputation of the brand and reduce customer demand.

The growing tourism industry in Saudi Arabia presents a significant opportunity for businesses in the frozen and retail bakery market. As the country continues to open up to international visitors, there will be an increasing demand for local food and baked goods. Tourists are often interested in trying local foods and experiencing the culture of the places they visit. The bakery market can take advantage of this by creating products that showcase the unique flavors and ingredients of Saudi Arabian cuisine. This can include traditional baked goods like dates-filled pastries, Arabic bread, and other local favorites. Businesses can also cater to the needs of international tourists by offering a range of products that cater to different dietary requirements, including gluten-free and vegan options. This can help them attract a wider range of customers and increase their revenue.

Segmentation Analysis – Saudi Arabia Frozen and Retail Bakery Market

The Saudi Arabia Frozen and Retail Bakery Market is segmented on the basis of Product, Distribution Channel, Application, Baking Level, and Region. By product the market is bifurcated as frozen product, and retail product. Furthermore, frozen product is further bifurcated as Breads (Sliced Breads, Burger Buns), Cakes (Cupcake, Muffins, Brownies, Layered Cakes), Pastries (Puffs, Croissants, Sandwiches, Pizza, Pie, Filled Puffs), Bakery Cooking Ingredients, Other Frozen Bakery Goods). The retail segment is further breakdown as Breads (Sliced Breads (White Bread, Brown Bread, Milk Bread), Burger Buns), Cakes (Cupcake, Muffins, Brownies, Layered Cakes), Pastries (Puffs, Croissants, Sandwiches, Pizza, Pie, Filled Puffs), Bakery Cooking Ingredients, Salty Snacks, Traditional Snacks, Others. Based on distribution channel the market is segmented as Retail, and Foodservice. Based on application the market is bifurcated as Fresh Products (Unpackaged/Unbranded), Packaged Ambient Products (Packaged/Branded). Furthermore, the baking segment is segmented as Fully Baked, Ready To Bake, and Ready To Prove.

Saudi Arabia Frozen and Retail Bakery Market, By Type

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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

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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.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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