The Saudi Arabian government’s Vision 2030 initiative has been a key driver in modernizing and expanding the country’s retail infrastructure. This initiative aims to diversify the economy and promote the growth of the private sector, including the retail industry. As a result, Saudi Arabia has rapidly developed modern retail spaces such as hypermarkets, supermarkets, shopping malls, and convenience stores, which have significantly improved the availability of gluten-free food products.
Large retail chains such as Carrefour, Lulu, Panda, and Danube have expanded their footprint across Saudi cities, and these outlets are increasingly stocking gluten-free products to cater to the growing demand. The expansion of e-commerce has fostered the influence of social media and digital marketing, as gluten-free brands use these platforms to reach potential customers and promote their products.
Increase in penetration of the Internet and smartphones, quick access to emerging technologies, increased purchasing power, and convenience provided by online retail shopping platforms are among the key factors bolstering e-commerce. With the rising penetration of e-commerce across multiple geographies, the manufacturers of gluten-free products are also enhancing their online presence by selling products through Amazon, Lulu Hypermarket, Carrefour, and other well-known e-commerce platforms. The growing adoption of e-commerce platforms is eliminating the dependency on offline retail stores. Thus, expanding retail infrastructure and e-commerce is expected to provide lucrative opportunities in the Saudi Arabia gluten-free products market in the coming years.
A few key players operating in the Saudi Arabia gluten-free products market are American Garden, Nestle SA, General Mills Inc, Dr. Schar AG, Hunter Foods LLC, Blue Diamond Growers, Mondelez International Inc, Mister Free’d, YummyEarth Inc, and Galletas Gullon SA. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers’ requirements.
The overall Saudi Arabia gluten-free products market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants, such as valuation experts, research analysts, and key opinion leaders - specializing in the Saudi Arabia gluten-free products market.
Reasons to Buy
- Progressive industry trends in the Saudi Arabia gluten-free products market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the Saudi Arabia gluten-free products market from 2021 to 2031
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
- Recent developments to understand the competitive market scenario and the demand for gluten-free products compounds across Saudi Arabia
- Market trends and outlook coupled with factors driving and restraining the growth of the Saudi Arabia gluten-free products market.
- Decision-making process by understanding strategies that underpin commercial interest concerning the Saudi Arabia gluten-free products market growth
- The Saudi Arabia gluten-free products market size at various nodes of market
- Detailed overview and segmentation of the Saudi Arabia gluten-free products market as well as its dynamics in the industry
Table of Contents
Companies Mentioned
Some of the leading companies in the Saudi Arabia Gluten Free-Products Market include:- American Garden
- Nestle SA
- General Mills Inc
- Dr. Schar AG
- Hunter Foods LLC
- Blue Diamond Growers
- Mondelez International Inc
- Mister Free’d
- YummyEarth Inc
- Galletas Gullon SA
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 138 |
Published | November 2024 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 89.71 Million |
Forecasted Market Value ( USD | $ 155.3 Million |
Compound Annual Growth Rate | 7.1% |
Regions Covered | Saudi Arabia |
No. of Companies Mentioned | 11 |