Saudi Arabia Beer Market 2024

Description

The beer market in Saudi Arabia is likely to register a CAGR of over 5.8% with an incremental growth of USD 89.4 million during the forecast period 2024-2029. The emergence of craft breweries has vastly expanded the diversity of flavors within the industry. Whereas mass-produced beers previously dominated the market, consumers can now enjoy products of diverse styles including ales, lagers and specialty offerings possessing complex aromas and tastes. Marketing innovation has also driven changed perceptions by promoting beer as an experiential rather than purely intoxicating beverage. Breweries are developing unique flavors, utilizing artistic packaging designs and hosting social spaces to showcase their products. Beer is increasingly marketed as an accompaniment for food rather than distilled spirits.

This report provides a thorough assessment of the Saudi Arabia beer industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like packaging, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the beer industry.

Market Segmentation

The beer market in Saudi Arabia is categorized into the following segments:
Packaging: glass bottles, aluminum cans, others
Distribution channel: foodservice channels, convenience stores, supermarkets and hypermarkets, small grocery stores, e-commerce, others

The Saudi Arabia beer market is segmented on the basis of packaging, and distribution channel. Based on packaging, the beer market in Saudi Arabia is categorized into glass bottles, aluminum cans, and others. On the basis of distribution channel, the beer market in Saudi Arabia has been segmented into foodservice channels, convenience stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.

Competitive Landscape

As of 2023, the major players in the Saudi Arabia beer market were Mahmood Saeed Company Limited, Carlsberg A/S, Aujan Industries Company L.L.C., AB InBev.

This report provides a comprehensive analysis of the key players in the Saudi Arabia beer market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Saudi Arabia beer market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Saudi Arabia beer market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Saudi Arabia beer market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSaudi Arabia beer market – packaging analysis
Saudi Arabia beer market – distribution channel analysis
Key players and market share
– Mahmood Saeed Company Limited
– Carlsberg A/S
– Aujan Industries Company L.L.C.
– AB InBev
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Saudi Arabia beer market 2019-2029
Chart Saudi Arabia beer market, net growth, 2019-2029
Chart Saudi Arabia beer market, growth rates, 2019-2029
Table Saudi Arabia beer market by packaging, 2019-2029
Chart Saudi Arabia beer market by packaging, CAGR historic and forecast, 2019-2029
Chart Saudi Arabia beer market by packaging, 2019-2029
Table Saudi Arabia beer market by distribution channel, 2019-2029
Chart Saudi Arabia beer market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Saudi Arabia beer market by distribution channel, 2019-2029
Table Saudi Arabia beer market share (%), by companies, 2019-2023
Chart Saudi Arabia beer market, by companies, 2023
Table Saudi Arabia beer market share (%), by brands, 2019-2023
Chart Saudi Arabia beer market, by brands, 2023
Table Saudi Arabia – population (millions) and forecast
Table Saudi Arabia – consumer price index (CPI) and forecast
Table Saudi Arabia – gross domestic product and forecast
Table Saudi Arabia beer market: spend as a proportion of GDP (%)
Table Saudi Arabia beer market: consumption per capita (population)