Saudi Arabia Dairy Market - Opportunities and Forecast, 2020-2027


Posted September 12, 2020 by shaqibakram

The major factors responsible for driving the growth of the Saudi Arabia Dairy market during the forecast period include the increasing consumption of milk and other dairy products....

 
A Dairy refers to a production plant where the processing or harvesting of animal milk, mainly from cows, buffaloes, goats, sheep, horses, or camels, takes place. The dairy products consist of a wide variety of milk products such as butter, cheese, ice cream, yogurt, and condensed milk is used for different drinking or cooking purposes. Milk and other dairy food products contain an ample amount of nutrients and acts as a good source of calcium, vitamin D, potassium, and other essential nutrients. Dairy products are readily available across various distribution channels, including hypermarket/supermarket, convenience stores, online platforms, and other platforms.

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The major factors responsible for driving the growth of the Saudi Arabia Dairy market during the forecast period include the increasing consumption of milk and other dairy products, the strong demand for packed dairy products including cheese and butter, and the rising following for halal food in Islam religion in Saudi Arabia. The high per capita income of the consumers, followed by the fundamental shift in the consumer’s preference towards healthier diet patterns and the increasing trend of milk consumption in women, will further strengthen the growth of the Saudi Arabia Dairy market. In parallel, the growing consumption of dairy-related products such as ice cream, soy products, and cream across consumers from all age groups will complement the demand of the dairy market in the region. The consumers are now becoming aware about the exceptional nutritional value offered by dairy products. The easy availability of these products across various platforms will have a positive impact on the surging demand of the market over the forecast period. Various global giants are mainly focusing on the development of advanced packaging of dairy products to improve their lifespan and to capture the changing demand of the customers. The growing emphasis of the companies towards advertising and marketing of dairy foods in Saudi Arabia will further attract new customer base to the Dairy market in this region.

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Various notable players operating in the Saudi Arabia Dairy market include Almarai Company, FrieslandCampina, Nestle, Al Safi Danone Co. Ltd., SADAFCO, Nadec, Najran Dairy Co. Ltd., Nada Dairy, Arla Foods Saudi Arabia, United National Dairy Co., Marmum Dairy LLC, among others.

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The Saudi Arabia Dairy market has been segmented based on Product Type and Distribution Channel. Based on Product Type, the market is segmented into Milk, Cheese, Butter, Dairy Desserts, Yogurt, and Others. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail Stores, and others.

Key questions answered in this research report:

At what pace is the Saudi Arabia Dairy market growing? What will be the trend in growth in the future?
What are the key drivers and restraints in the Saudi Arabia Dairy market? What will be the impact of drivers and restraints in the future?
Which distributional channel generated maximum revenues in 2019 and identify the most promising distributional channels during the forecast period?
What are the various types of product in the Saudi Arabia Dairy market, and how are they poised to grow?
What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

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Last Updated September 12, 2020