Saudi Arabia Dairy Products Market Report and Forecast 2024-2032
Description
Saudi Arabia Dairy Products Market Report and Forecast 2024-2032
Saudi Arabia Dairy Products Market Report and Forecast 2024-2032
Market outlook
According to the report by Expert Market Research (EMR), the Saudi Arabia dairy products market size is projected to further grow at a CAGR of 3.6% between 2024 and 2032. Aided by increasing demand for high-quality dairy products and the growing awareness of the nutritional benefits associated with dairy consumption, the market is expected to significantly grow by 2032.
Dairy products encompass a wide range of items, including milk, cheese, yoghurt, butter, and cream, that are derived from cow, goat, and other mammalian milk sources. The market is experiencing significant growth due to the rising consumer preference for nutritious and protein-rich food products, driven by the increasing health consciousness among the population.
The growing awareness of the health benefits associated with dairy consumption is a significant driver of the dairy products market. Consumers are increasingly seeking products that provide essential nutrients such as calcium, protein, and vitamins. The demand for convenience foods, including ready-to-eat and ready-to-drink dairy products, is on the rise. The busy lifestyles of consumers are driving the demand for convenient and nutritious food options, leading to Saudi Arabia dairy products market growth.
Government initiatives aimed at promoting dairy consumption and supporting local dairy farming are contributing to market growth. Policies and subsidies aimed at boosting dairy production and consumption are driving the market. The influence of Western diets and eating habits is contributing to the increased consumption of dairy products in Saudi Arabia. The adoption of Western dietary patterns is driving the demand for a variety of dairy products.
Milk is a staple food item consumed by people of all ages. The demand for fresh, flavoured, and fortified milk is driving the growth of this segment. Milk is widely used in households for drinking, cooking, and baking. Cheese is a popular dairy product used in a variety of culinary applications, including sandwiches, pizzas, and salads. The demand for processed and specialty cheeses is increasing due to their versatility and rich taste.
Yoghurt is consumed for its probiotic properties and health benefits. The demand for flavoured, Greek, and organic yoghurt is driving the growth of this segment. Yoghurt is used as a snack, dessert, and ingredient in various recipes. Butter is used in cooking, baking, and as a spread. The demand for premium and organic butter is increasing due to the rising health consciousness and preference for natural ingredients. Cream is used in cooking, baking, and as an ingredient in desserts and beverages. The demand for whipping cream, sour cream, and heavy cream is driving the growth of this segment and consequently driving up the Saudi Arabia dairy products market share.
The development of advanced processing techniques, such as ultra-high temperature (UHT) processing and microfiltration, has improved the quality and shelf life of dairy products. These technologies ensure the safety and freshness of dairy products. The use of innovative packaging solutions, such as aseptic packaging and modified atmosphere packaging, is enhancing the shelf life and convenience of dairy products. These packaging solutions help in maintaining the quality and nutritional value of dairy products.
As per the Saudi Arabia dairy products market analysis, the focus on sustainability is driving the adoption of eco-friendly and energy-efficient practices in dairy farming and processing. The use of renewable energy sources, waste management systems, and sustainable packaging materials is gaining traction.
The fortification of dairy products with essential nutrients, such as vitamins and minerals, is gaining popularity. Fortified dairy products cater to the nutritional needs of specific consumer groups, such as children, pregnant women, and the elderly.
Market Segmentation
The market can be divided based on type and distribution channel
Market Breakup by Type
- Milk
- Cheese
- Yoghurt
- Butter
- Others
- Supermarkets/Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in Saudi Arabia dairy products market. some of the major players explored in the report by expert market research are as follows:
- Nestlé SA
- Arla Foods Amba
- Danone SA
- Lactalis International
- Almarai Company
- Al Othman Holding Co.
- Saudia Dairy & Foodstuff Co.
- National Agricultural Development Company (NADEC)
- United National Dairy Co.
- Mondelez Global LLC
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
192 Pages
- 1 Preface
- 2 Report Coverage – Key Segmentation and Scope
- 3 Report Description
- 3.1 Market Definition and Outlook
- 3.2 Properties and Applications
- 3.3 Market Analysis
- 3.4 Key Players
- 4 Key Assumptions
- 5 Executive Summary
- 5.1 Overview
- 5.2 Key Drivers
- 5.3 Key Developments
- 5.4 Competitive Structure
- 5.5 Key Industrial Trends
- 6 Market Snapshot
- 7 Opportunities and Challenges in the Market
- 8 Global Dairy Products Market Overview
- 8.1 Key Industry Highlights
- 8.2 Global Dairy Products Historical Market (2018-2023)
- 8.3 Global Dairy Products Market Forecast (2024-2032)
- 8.4 Global Dairy Products Market Share by Region
- 8.4.1 North America
- 8.4.2 Europe
- 8.4.3 Asia Pacific
- 8.4.4 Latin America
- 8.4.5 Middle East and Africa
- 9 Saudi Arabia Dairy Products Market Overview
- 9.1 Key Industry Highlights
- 9.2 Saudi Arabia Dairy Products Historical Market (2018-2023)
- 9.3 Saudi Arabia Dairy Products Market Forecast (2024-2032)
- 10 Saudi Arabia Dairy Products Market by Type
- 10.1 Milk
- 10.1.1 Historical Trend (2018-2023)
- 10.1.2 Forecast Trend (2024-2032)
- 10.2 Cheese
- 10.2.1 Historical Trend (2018-2023)
- 10.2.2 Forecast Trend (2024-2032)
- 10.3 Yoghurt
- 10.3.1 Historical Trend (2018-2023)
- 10.3.2 Forecast Trend (2024-2032)
- 10.4 Butter
- 10.4.1 Historical Trend (2018-2023)
- 10.4.2 Forecast Trend (2024-2032)
- 10.5 Others
- 11 Saudi Arabia Dairy Products Market by Distribution Channel
- 11.1 Supermarkets/Hypermarkets
- 11.1.1 Historical Trend (2018-2023)
- 11.1.2 Forecast Trend (2024-2032)
- 11.2 Convenience Stores
- 11.2.1 Historical Trend (2018-2023)
- 11.2.2 Forecast Trend (2024-2032)
- 11.3 Speciality Stores
- 11.3.1 Historical Trend (2018-2023)
- 11.3.2 Forecast Trend (2024-2032)
- 11.4 Online
- 11.4.1 Historical Trend (2018-2023)
- 11.4.2 Forecast Trend (2024-2032)
- 11.5 Others
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators for Demand
- 12.4 Key Indicators for Price
- 13 Trade Data Analysis
- 13.1 Major Importing Countries
- 13.1.1 By Volume
- 13.1.2 By Value
- 13.2 Major Exporting Countries
- 13.2.1 By Volume
- 13.2.2 By Value
- 14 Price Analysis
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Company Profiles
- 15.2.1 Nestlé SA
- 15.2.1.1 Company Overview
- 15.2.1.2 Product Portfolio
- 15.2.1.3 Demographic Reach and Achievements
- 15.2.1.4 Certifications
- 15.2.2 Arla Foods Amba
- 15.2.2.1 Company Overview
- 15.2.2.2 Product Portfolio
- 15.2.2.3 Demographic Reach and Achievements
- 15.2.2.4 Certifications
- 15.2.3 Danone SA
- 15.2.3.1 Company Overview
- 15.2.3.2 Product Portfolio
- 15.2.3.3 Demographic Reach and Achievements
- 15.2.3.4 Certifications
- 15.2.4 Lactalis International
- 15.2.4.1 Company Overview
- 15.2.4.2 Product Portfolio
- 15.2.4.3 Demographic Reach and Achievements
- 15.2.4.4 Certifications
- 15.2.5 Almarai Company
- 15.2.5.1 Company Overview
- 15.2.5.2 Product Portfolio
- 15.2.5.3 Demographic Reach and Achievements
- 15.2.5.4 Certifications
- 15.2.6 Al Othman Holding Co.
- 15.2.6.1 Company Overview
- 15.2.6.2 Product Portfolio
- 15.2.6.3 Demographic Reach and Achievements
- 15.2.6.4 Certifications
- 15.2.7 Saudia Dairy & Foodstuff Co.
- 15.2.7.1 Company Overview
- 15.2.7.2 Product Portfolio
- 15.2.7.3 Demographic Reach and Achievements
- 15.2.7.4 Certifications
- 15.2.8 National Agricultural Development Company (NADEC)
- 15.2.8.1 Company Overview
- 15.2.8.2 Product Portfolio
- 15.2.8.3 Demographic Reach and Achievements
- 15.2.8.4 Certifications
- 15.2.9 United National Dairy Co.
- 15.2.9.1 Company Overview
- 15.2.9.2 Product Portfolio
- 15.2.9.3 Demographic Reach and Achievements
- 15.2.9.4 Certifications
- 15.2.10 Mondelez Global LLC
- 15.2.10.1 Company Overview
- 15.2.10.2 Product Portfolio
- 15.2.10.3 Demographic Reach and Achievements
- 15.2.10.4 Certifications
- 15.2.11 Others
- 16 Key Trends and Developments in the Market
- List of Key Figures and Tables
- 1. Global Dairy Products Market: Key Industry Highlights, 2018 and 2032
- 2. Saudi Arabia Dairy Products Market: Key Industry Highlights, 2018 and 2032
- 3. Saudi Arabia Dairy Products Historical Market: Breakup by Type (USD Million), 2018-2023
- 4. Saudi Arabia Dairy Products Market Forecast: Breakup by Type (USD Million), 2024-2032
- 5. Saudi Arabia Dairy Products Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
- 6. Saudi Arabia Dairy Products Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
- 7. Major Importing Countries by Volume
- 8. Major Exporting Countries by Volume
- 9. Major Importing Countries by Value
- 10. Major Exporting Countries by Value
- 11. Saudi Arabia Dairy Products Market Structure
Pricing
Currency Rates
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