Saudi Arabia Snacks Market 2024

Description

Forecasts highlight a favorable growth outlook for the Saudi Arabia snacks market, with a projected increase of USD 3.4 billion and a compound annual growth rate (CAGR) close to 9.2% through 2029. Saudi Arabia’s snacks market is thriving, driven by a rapidly urbanizing population and a growing young demographic. As cities like Riyadh and Jeddah experience an increasing number of busy professionals, the demand for convenient, ready-to-eat snacks such as chips, biscuits, and protein bars has surged. Additionally, the health and wellness trend is gaining momentum, with consumers increasingly opting for healthier snacks that are low in fat, high in protein, or made with natural ingredients. The influx of international snack brands into the Saudi market is also fostering product innovation and variety.

The report offers a comprehensive evaluation of the Saudi Arabia snacks market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the snacks industry.

Market Segmentation

The Saudi Arabia snacks market is classified into the following segments:
Product type: confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, sweet biscuits
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The snacks market in Saudi Arabia is segmented across product type and distribution channel. By product type, it includes confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, and sweet biscuits. Distribution channel segmentation comprises convenience stores, forecourt, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.

Competitive Landscape

Key players in the snacks market consist of Zahdan Group, United Food Industries Corporation Ltd. Co., The Hershey Company, Tamara Dates Factory Co., Sweets of Oman Company, Siafa International Manufacturing Co., Saudia Dairy and Foodstuff Company (SADAFCO), Saudi Ice Cream Factory Company Ltd., Pladis Foods Limited, Perfetti Van Melle Group, PepsiCo Inc., Patchi SAL, Notions Group, Nestle S.A., National Biscuits & Confectionery Co. Ltd., Mondelez International Inc., Mars Incorporated, Loacker S.p.A., Kuwait Indo Trading Co. W.L.L, Kellanova, Inspire Brands LLC, IFFCO Group, Haribo GmbH & Company KG, Halwani Brothers Company JSC, General Mills Inc., Ferrero International S.A., Dalmaza Food Industries Co., Cone Zone Co., Chocoladefabriken Lindt & Sprungli AG and California Garden Products Inc. (Americana Group Inc).

This analysis offers a comprehensive overview of the main players in the snacks market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Saudi Arabia snacks market.
Gain in-depth analysis and forecasts for the key segments of the Saudi Arabia snacks market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Saudi Arabia snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Saudi Arabia snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Saudi Arabia Snacks Market – Product Type Analysis
Saudi Arabia Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Zahdan Group
– United Food Industries Corporation Ltd. Co.
– The Hershey Company
– Tamara Dates Factory Co.
– Sweets of Oman Company
– Siafa International Manufacturing Co.
– Saudia Dairy and Foodstuff Company (SADAFCO)
– Saudi Ice Cream Factory Company Ltd.
– Pladis Foods Limited
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Saudi Arabia Snacks Market 2019-2029
Chart Saudi Arabia Snacks Market, Net Growth, 2019-2029
Chart Saudi Arabia Snacks Market, Growth Rates, 2019-2029
Table Saudi Arabia Snacks Market by Product Type, 2019-2029
Chart Saudi Arabia Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Snacks Market by Product Type, 2019-2029
Table Saudi Arabia Snacks Market by Distribution Channel, 2019-2029
Chart Saudi Arabia Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Snacks Market by Distribution Channel, 2019-2029
Table Saudi Arabia Snacks Market Share (%), by Companies, 2019-2023
Chart Saudi Arabia Snacks Market, by Companies, 2023
Table Saudi Arabia Snacks Market Share (%), by Brands, 2019-2023
Chart Saudi Arabia Snacks 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 Snacks Market: Spend as a Proportion of GDP (%)
Table Saudi Arabia Snacks Market: Consumption per Capita (Population)

Companies Mentioned

Zahdan Group
United Food Industries Corporation Ltd. Co.
The Hershey Company
Tamara Dates Factory Co.
Sweets of Oman Company
Siafa International Manufacturing Co.
Saudia Dairy and Foodstuff Company (SADAFCO)
Saudi Ice Cream Factory Company Ltd.
Pladis Foods Limited
Perfetti Van Melle Group
PepsiCo, Inc.
Patchi SAL
Notions Group
Nestle S.A.
National Biscuits & Confectionery Co., Ltd.
Mondelez International Inc.
Mars, Incorporated
Loacker S.p.A.
Kuwait Indo Trading Co. W.L.L
Kellanova
Inspire Brands LLC
IFFCO Group
Haribo GmbH & Company KG
Halwani Brothers Company JSC
General Mills, Inc.
Ferrero International S.A.
Dalmaza Food Industries Co.
Cone Zone Co.
Chocoladefabriken Lindt & Sprungli AG
California Garden Products Inc. (Americana Group Inc)