The dairy & soy food sector in Saudi Arabia is led by the milk category in both value and volume terms during 2023. The cream category is forecast to register the fastest value and volume growth during 2023-28. Hypermarkets & supermarkets is the leading channel for the distribution of dairy & soy food products in the country. Rigid plastics is the most commonly used pack material in the in the sector. Almarai, Nadec, and National Food Industries LLC, were the top three companies in the Saudi Arabian dairy & soy food sector.
This report explores the developing trend for "better for you" alcoholic beverages, examining why these products are rising in popularity, who is an attractive consumer target for such innovation, what forms such products are taking on the market, and what challenges must be considered in pursuing effective strategies for brand building in this market.
This report explores the developing trend for "better for you" alcoholic beverages, examining why these products are rising in popularity, who is an attractive consumer target for such innovation, what forms such products are taking on the market, and what challenges must be considered in pursuing effective strategies for brand building in this market.
Key Highlights
- Per capita consumption of dairy & soy food in Saudi Arabia was higher than regional and global levels in 2023.
- The per capita consumption of milk was higher in Saudi than other dairy & soy food categories in 2023
- Hypermarkets & supermarkets was the leading distribution channel in Saudi Arabia's dairy & soy food sector, with a value share of 45.9% in 2023
- Almarai accounted for a value share of 28.2% in 2023
Scope
- Alcohol consumption is one of the first focal points for changed behavior when consumers seek to pursue healthier lifestyles.
- Half of drinkers globally state they are often or always influenced in their product choice by how an alcoholic beverage impacts their health and wellbeing.
- More than two thirds of alcohol consumers find products that have been fortified with added nutrients to be somewhat or very appealing.
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Table of Contents
- Executive Summary
- Market Environment
- Value and Volume Share of Saudi Arabia in the Global and Middle East and Africa Markets
- Growth Analysis of Saudi Arabia Compared to Other Leading Countries in the Middle East and Africa Market
- PCC and PCE of Saudi Arabia Compared to the Global and Middle East and Africa Markets
- Sector Deep Dive
- Saudi Arabia Dairy & Soy Food Sector Snapshot
- Market Size Analysis
- Cross-Category Comparison - Value Growth Analysis and Category Winners and Losers
- Cross-Category Comparison - Volume Growth Analysis and Category Winners and Losers
- Category Deep Dive
- Per Capita Consumption Analysis by Category
- Market Size Analysis - Category: Butter & Spreadable Fats
- Segment-Level Analysis (in Value Terms) - Butter & Spreadable Fats
- Segment-Level Analysis (in Volume Terms) - Butter & Spreadable Fats
- Market Size Analysis - Category: Cheese
- Segment-Level Analysis (in Value Terms) - Cheese
- Segment-Level Analysis (in Volume Terms) - Cheese
- Market Size Analysis - Category: Cream
- Segment-Level Analysis (in Value Terms) - Cream
- Segment-Level Analysis (in Volume Terms) - Cream
- Market Size Analysis - Category: Dairy-Based & Soy-Based Desserts
- Segment-Level Analysis (in Value Terms) - Dairy-Based & Soy-Based Desserts
- Segment-Level Analysis (in Volume Terms) - Dairy-Based & Soy-Based Desserts
- Market Size Analysis - Category: Drinkable Yogurt
- Segment-Level Analysis (in Value and Volume Terms) - Drinkable Yogurt
- Market Size Analysis - Category: Grain, Nut, Rice, Seed Milk Alternatives
- Segment-Level Analysis (in Value Terms) - Grain, Nut, Rice, Seed Milk Alternatives
- Segment-Level Analysis (in Volume Terms) - Grain, Nut, Rice, Seed Milk Alternatives
- Market Size Analysis - Category: Milk
- Segment-Level Analysis (in Value Terms) - Milk
- Segment-Level Analysis (in Volume Terms) - Milk
- Market Size Analysis - Category: Soymilk & Soy Drinks
- Segment-Level Analysis (in Value and Volume Terms) - Soymilk & Soy Drinks
- Market Size Analysis - Category: Yogurt
- Segment-Level Analysis (in Value and Volume Terms) - Yogurt
- Distribution Analysis
- Channel Share Analysis
- Competitive Environment
- Leading Companies - Value and Volume Shares
- Brand Share Analysis of Top Five Companies
- Brand Share Analysis of Top Five Companies by Category
- Degree of Consolidation/Fragmentation by Category
- Health & Wellness Analysis
- Health & Wellness Analysis by Category
- Health & Wellness Analysis by Product Attributes
- Health & Wellness Analysis by Consumer Benefits
- Cross Category Comparison - Products with H&W Claims Vs. Non-H&W Claims
- Packaging Analysis
- Pack Material Growth Analysis
- Pack Type Growth Analysis
- Closure Type Growth Analysis
- Primary Outer Type Growth Analysis
- Consumergraphics
- Demographic Analysis
- Macroeconomic Analysis
- GDP Growth and Inflation
- Population Growth
- Labor Market Trend
- Economic Summary, Labor Market Trends, and Demographic Trends
- Saudi Arabia Risk Index (GCRI) 2024
- Saudi Arabia Risk Analysis - Compared to Global and Middle East and Africa Markets
- Methodology
- Definitions`
- Appendix
- Leading value categories
- Leading categories (volume), 2023
- Cross-category comparison - by value (2018-28)
- Cross-category comparison - by volume (2018-28)
- Per capita consumption (by category), Saudi Arabia compared to Middle East and Africa and global levels (in kg), 2023
- Segment-level analysis (in value terms) - butter & spreadable fats
- Segment-level analysis (in volume terms) - butter & spreadable fats
- Segment-level analysis (in value terms) - cheese
- Segment-level analysis (in volume terms) - cheese
- Segment-level analysis (in value terms) - cream
- Segment-level analysis (in volume terms) - cream
- Segment-level analysis (in value terms) - dairy-based & soy-based desserts
- Segment-level analysis (in volume terms) - dairy-based & soy-based desserts
- Segment-level analysis (in value terms) - grain, nut, rice, seed milk alternatives
- Segment-level analysis (in volume terms) - grain, nut, rice, seed milk alternatives
- Segment-level analysis (in value terms) - milk
- Segment-level analysis (in volume terms) - milk
- Segment-level analysis (in value terms) - soymilk & soy drinks
- Segment-level analysis (in volume terms) - soymilk & soy drinks
- Segment-level analysis (in value and volume terms) - yogurt
- Change in distribution share, 2018-2023
- Top five companies share by brand (in value and volume terms) in the dairy & soy food sector, 2023
- Brand shares of top five companies (in value and volume terms) by category, 2023
- Category comparison - with H&W claims and non-h&w claims, 2018-28
- Performance overview (score: 1-100)
- Category data, by segment
- Per capita consumption (in kg), 2018-28
- Per capita expenditure ($), 2018-28
- Dairy & soy food sales distribution in Saudi Arabia - by category (SAR million), 2023
- Brand share (in value and volume terms) in the dairy & soy food sector, 2023
- Brand share (in value and volume terms) in the dairy & soy food sector, by category, 2023
- Key health & wellness product attributes driving sales in Saudi Arabia, 2018-28
- Key health & wellness consumer benefits driving sales in Saudi Arabia, 2018-28
- Pack material (in million pack units), 2018-28
- Pack materials by category (in million pack units), 2023
- Pack type (in million pack units), 2018-28
- Pack types by category (in million pack units), 2023
- Closure type (in million pack units), 2018-28
- Closure types by category (in million pack units), 2023
- Primary outer type (in million pack units), 2018-28
- Primary outer types by category (in million pack units), 2023
- Real GDP and annual growth (%), 2020-2028
- Nominal GDP and annual growth (%), 2020-2028
- Consumer price inflation (%), 2020-2028
- Employed people and unemployment rate (%), 2020-2028
- Nominal household final consumption expenditure and annual growth (%), 2020-2028
- Population and annual growth (%), 2020-2028
- Population by age group (%)
- Population by gender (%)
- Population by rural-urban split (%)
- Value and volume shares of Saudi Arabia in the global and Middle East and Africa dairy & soy food sector, 2023-2026
- Saudi Arabia compared to the other top countries in terms of market share, growth, and the competitive landscape
- PCC comparison - Saudi Arabia, Middle East and Africa, and global, 2018-28
- PCE comparison - Saudi Arabia, Middle East and Africa, and global, 2018-28
- Market size and growth analysis by value and volume, dairy & soy food sector, 2018-28
- Cross-category comparison - value growth analysis and category winners and losers
- Cross-category comparison - volume growth analysis and category winners and losers
- Market size and growth analysis by value and volume, butter & spreadable fats category, 2018-2028
- Market size and growth analysis by value and volume, cheese category, 2018-2028
- Market size and growth analysis by value and volume, cream category, 2018-2028
- Market size and growth analysis by value and volume, dairy-based & soy-based desserts category, 2018-2028
- Market size and growth analysis by value and volume, drinkable yogurt category, 2018-2028
- Market size and growth analysis by value and volume, grain, nut, rice, seed milk alternatives category, 2018-2028
- Market size and growth analysis by value and volume, milk category, 2018-2028
- Market size and growth analysis by value and volume, soymilk & soy drinks category, 2018-2028
- Market size and growth analysis by value and volume, yogurt category, 2018-2028
- Share of key distribution channels (in value terms) - dairy & soy food, 2023
- Key distribution channel share by category (in value terms), 2023
- Leading companies (in value and volume terms) in the dairy & soy food sector, 2023
- Category-wise consolidation/fragmentation (in value terms) - dairy & soy food , 2023
- Prominence of health & wellness claims by category, $ million, 2018-2023
- Contribution of health & wellness by product attributes, $ million, 2018-2023
- Contribution of health & wellness by consumer benefits, $ million, 2018-2023
- Key pack materials in Saudi Arabia dairy & soy food sector by percentage share of pack units, 2023
- Annual growth rate by key pack material, 2018-28
- Use of pack material by category (in pack units), 2023
- Key pack types in Saudi Arabia dairy & soy food sector by percentage share of pack units, 2023
- Annual growth rate by key pack type, 2018-28
- Use of pack type by category (in pack units), 2023
- Key closure types in Saudi Arabia dairy & soy food sector by percentage share of pack units, 2023
- Annual growth rate by key closure type, 2018-28
- Use of closure type by category (in pack units), 2023
- Key primary outer types in Saudi Arabia dairy & soy food sector by percentage share of pack units, 2023
- Annual growth rate by key primary outer type, 2018-28
- Use of primary outer type by category (in pack units), 2023
- Demographic analysis
- Real GDP (SAR billion) and annual growth (%)
- Nominal GDP (SAR billion) and annual growth (%)
- Consumer price inflation (%)
- Nominal household final consumption expenditure growth (%) in SAR terms
- Population (million) and annual growth (%)
- Population by age group (%)
- Population by gender (%)
- Population by rural-urban split (%)
- Employed people (million) and unemployment rate (%)
- Economic summary, labor market trends, and demographic trends
- Five lowest-risk nations in GCRI Q1 2024
- Five highest-risk nations in GCRI Q1 2024
- Saudi Arabia’s performance in country risk analysis in comparison to Middle East and Africa and the world
