
Saudi Arabia Biscuit Market, By Type (Crackers & Savory Biscuits, Plain Crackers, Flavored Crackers, Sweet Biscuits, Plain Biscuits, Others (Cookies, Sandwich Biscuits, Chocolate-Coated Biscuits)); By Ingredients (Flour, Sugar, Butter, Chocolate, Milk, Cr
Description
Saudi Arabia Biscuit Market, By Type (Crackers & Savory Biscuits, Plain Crackers, Flavored Crackers, Sweet Biscuits, Plain Biscuits, Others (Cookies, Sandwich Biscuits, Chocolate-Coated Biscuits)); By Ingredients (Flour, Sugar, Butter, Chocolate, Milk, Cream); By Products (Rich Tea, Bourbon, Plain Biscuits, Chocolate Coated Biscuits, Filled Biscuits); By Distribution Channel (Online, Offline), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
Saudi Arabia Biscuit Market Size Booming to Touch USD 56.5 Billion by 2029
The Saudi Arabia biscuit market is gaining traction because of the growing population, rapid urbanization, and increasing health awareness.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Saudi Arabia biscuit market size at USD 37.01 billion in 2022. During the forecast period between 2023 and 2029, the Saudi Arabia biscuit market size is projected to grow at a CAGR of 6.30% reaching a value of USD 56.5 billion by 2029. The deepening penetration of online grocery shops and increasing number of new product launches with novel tastes and packaging to draw consumers are major growth factors for the Saudi Arabian biscuit market. Food businesses are concentrating on effective marketing and developing ingredients and health-conscious goods, which are predicted to offer profitable growth opportunities to the Saudi Arabia biscuit market.
Saudi Arabia Biscuit Market – Overview
A biscuit is a baked and formed food item made of flour. It can be created with sugar, chocolate, frosting, jam, ginger, or cinnamon and is often sweet. Like crackers, it can also be savory. Crackers, hard sweet biscuits, short dough biscuits, and cookies (including filled cookies) are the four general kinds of biscuits, which are defined by their recipes and biscuit-baking techniques. The main advantage of eating biscuits is the quick energy they offer because of their high-calorie content.
Saudi Arabia Biscuit Market – By Product
Based on product, the Saudi Arabia biscuit market is segmented into rich tea, bourbon, plain biscuits, chocolate-coated biscuits, and filled biscuits. The plain biscuits segment accounts for the highest market share. Plain biscuits are frequently eaten as a snack or dessert rather than a whole meal. They are convenient for snacking because they are affordable and sweet. They are a popular food choice in Saudi Arabia because they are inexpensive, filling, and long-lasting. However, bourbon and chocolate-coated biscuits also cover a significant market share owing to their immense popularity among children.
Impact of COVID-19 on the Saudi Arabia Biscuit Market
The unprecedented COVID-19 pandemic proliferated the growth of the Saudi Arabia biscuit market. Although the market was negatively affected due to a sudden spike in demand for biscuits and restrictions in the distribution channels, which created a huge demand and supply gap. However, the market players quickly focused on improving the distribution channels and boosting overall production to meet the growing demand for biscuits in the Kingdom. The market was also favored by the increasing health consciousness among consumers which directly influenced the demand for products with high fiber and nutrients.
Competitive Landscape
Major players operating in the Saudi Arabia biscuit market include ITC Limited, Kambly SA, Mondelez International, PepsiCo, The Kraft Heinz Company, Annie's Homegrown, Inc., Parle Products Pvt. Ltd., Patanjali Ayurved, Britannia, and Kellogg Co.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Saudi Arabia Biscuit Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Saudi Arabia Biscuit Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
200 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Saudi Arabia Biscuit Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing Disposable Incomes
- 3.2.1.2. Growing Population and Urbanization
- 3.2.2. Restraints
- 3.2.2.1. Seasonal Demand and Changing Consumer Trends
- 3.2.3. Opportunities
- 3.2.3.1. Increasing Awareness of health and Wellness Trends
- 3.2.4. Challenges
- 3.2.4.1. Complexity in Distribution and Logistics
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Saudi Arabia Biscuit Market Overview
- 4.1. Market Size & Forecast, 2019–2029
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.1.1. Crackers And Savory Biscuits
- 4.2.1.2. Plain Crackers
- 4.2.1.3. Flavored Crackers
- 4.2.1.4. Sweet Biscuits
- 4.2.1.5. Plain Biscuits
- 4.2.1.6. Others (Cookies, Sandwich Biscuits, Chocolate-Coated Biscuits)
- 4.2.2. By Ingredients
- 4.2.2.1. Flour
- 4.2.2.2. Sugar
- 4.2.2.3. Butter
- 4.2.2.4. Chocolate
- 4.2.2.5. Milk
- 4.2.2.6. Cream
- 4.2.3. By Products
- 4.2.3.1. Rich Tea
- 4.2.3.2. Bourbon
- 4.2.3.3. Plain Biscuits
- 4.2.3.4. Chocolate Coated Biscuits
- 4.2.3.5. Filled Biscuits
- 4.2.4. By Distribution Channel
- 4.2.4.1. Online
- 4.2.4.2. Offline
- 5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. Saudi Arabia Biscuit Company Market Share Analysis, 2022
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 6. Impact of Covid-19 on Saudi Arabia Biscuit Market
- 7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 7.1. ITC Limited
- 7.2. Kambly SA
- 7.3. Mondelez International
- 7.4. PepsiCo
- 7.5. The Kraft Heinz Company
- 7.6. Annie's Homegrown, Inc.
- 7.7. Parle Products Pvt. Ltd.
- 7.8. Patanjali Ayurved
- 7.9. Britannia
- 7.10. Kellogg Co
- 7.11. Other Prominent Players
- 8. Key Strategic Recommendations
- 9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1.Primary & Secondary Research
- 9.2.Quantitative Research
- 9.3.Market Breakdown & Data Triangulation
- 9.3.1.Secondary Research
- 9.3.2.Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Region
- 9.5.Assumptions & Limitations
- *Financial information of case of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1 Saudi Arabia Biscuit Segmentation
- Figure 2 Saudi Arabia Biscuit Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Saudi Arabia Biscuit Market Size, By Value (USD Billion), 2019–2029
- Figure 5 Saudi Arabia Biscuit Market Share, By Type, By Value, 2019–2029
- Figure 6 Saudi Arabia Biscuit Market Share, By Ingredients, By Value, 2019–2029
- Figure 7 Saudi Arabia Biscuit Market Share, By Products, By Value, 2019–2029
- Figure 8 Saudi Arabia Biscuit Market Share, By Distribution Channel, By Value, 2019–2029
- List of Tables
- Table 1 Saudi Arabia Biscuit Market Size, By Value (USD Billion), 2019–2029
- Table 2 Saudi Arabia Biscuit Market Size, By Type, By Value, 2019–2029
- Table 3 Saudi Arabia Biscuit Market Size, By Ingredients, By Value, 2019–2029
- Table 4 Saudi Arabia Biscuit Market Size, By Products, By Value, 2019–2029
- Table 5 Saudi Arabia Biscuit Market Size, By Distribution Channel, By Value, 2019–2029
- Table 6 ITC Limited Company Overview
- Table 7 ITC Limited Financial Overview
- Table 8 Kambly SA Company Overview
- Table 9 Kambly SA Financial Overview
- Table 10 Mondelez International Company Overview
- Table 11 Mondelez International Financial Overview
- Table 12 PepsiCo Company Overview
- Table 13 PepsiCo Financial Overview
- Table 14 The Kraft Heinz Company Company Overview
- Table 15 The Kraft Heinz Company Financial Overview
- Table 16 Annie's Homegrown, Inc. Company Overview
- Table 17 Annie's Homegrown, Inc. Financial Overview
- Table 18 Parle Products Pvt Ltd Company Overview
- Table 19 Parle Products Pvt Ltd Financial Overview
- Table 20 Patanjali Ayurved Company Overview
- Table 21 Patanjali Ayurved Financial Overview
- Table 22 Britannia Company Overview
- Table 23 Britannia Financial Overview
- Table 24 Kellogg Co Company Overview
- Table 25 Kellogg Co Financial Overview
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