Staple foods in 2024: The big picture
The staple foods market in Saudi Arabia is projected to achieve robust growth in volume terms across both retail and foodservice channels in 2024. Bolstered by a thriving economy, demand is expected to rise, fuelled by factors such as a growing population, evolving demographics, an influx of expatriates and a marked increase in tourism.
Key trends in 2024
Despite a booming economy, some consumers in Saudi Arabia are being budget-conscious. In line with this trend, healthy growth is recorded as companies continue to depend on promotions and discounts to protect demand, as well as new product developments and innovations targeted towards value consumption, further attracting consumers into purchasing in bulk and saving money.
Competitive Landscape
These retailers are also widening their private label portfolios in staple foods as they continue to seize the opportunity and benefit from the changing quality perceptions related to private labels.
Channel developments
The distribution of staple foods in Saudi Arabia remains largely dominated by supermarkets, hypermarkets, and small local grocers, which together account for the majority of sales. However, discounters are increasingly appealing to budget-conscious consumers, who appreciate the compelling value propositions offered by these outlets.
What next for staple foods?
Sales of staple foods in Saudi Arabia are projected to experience robust growth over the forecast period in volume terms, driven by an expanding population, an influx of expatriates, and a surge in inbound tourism. Additionally, the Kingdom’s initiatives to promote local production, coupled with technological advancements in supply chain management and logistics, are expected to positively influence demand.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Staple Foods industry in Saudi Arabia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Staple Foods industry in Saudi Arabia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Staple Foods in Saudi Arabia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Staple Foods in Saudi Arabia?
- Which are the leading brands in Staple Foods in Saudi Arabia?
- How are products distributed in Staple Foods in Saudi Arabia?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Staple Foods?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Saudi Arabia?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Staple Foods in Saudi Arabia
Staple foods in 2024: The big picture
Key trends in 2024
Competitive Landscape
Channel developments
What next for staple foods?
DISCLAIMER
Baked Goods in Saudi Arabia
KEY DATA FINDINGS
Positive growth for baked goods
Growth of artisanal baked goods, alongside brand expansion
Foodservice outperforms retail in 2024
Population growth, enhancements in production capabilities and evolving consumer preferences will drive further expansion
Innovative flavours and healthier alternatives will gain traction
Discounters set to gain market share in the coming years
Breakfast Cereals in Saudi Arabia
KEY DATA FINDINGS
Breakfast Cereals see continued growth, amid shifts in consumer preferences
Health and wellness trends shape the market
Private labels grow in popularity, due to their affordability
Breakfast Cereals will lead innovation within staple foods
Shift towards health-focused and personalised offerings
Private label showing strong promise thanks to competitive prices and an expanding range of options
Processed Fruit and Vegetables in Saudi Arabia
KEY DATA FINDINGS
Shelf-stable fruits and vegetables continue to lead the market
Foodservice sales continue to grow
Technological advancements support industry expansion
Bright outlook for processed fruit and vegetables
Promotions and value packs will drive demand
E-commerce will gain popularity due to greater need for convenience.
Processed Meat, Seafood and Alternatives To Meat in Saudi Arabia
KEY DATA FINDINGS
Strong growth as working population expands
Growth potential of processed meat proves attractive to manufacturers
Americana diversifies its portfolio in face of mounting competition
Premiumisation and convenience trends likely to inform new product development over the forecast period
Government initiatives will fuel processed meat development
Plant-based alternatives are expected main inroads, but at a slow pace
Rice, Pasta and Noodles in Saudi Arabia
KEY DATA FINDINGS
Convenience and affordable prices drive demand for noodles in the Kingdom
Rising demand for healthier pasta varieties
Levels of rice wastage remain a concern, despite price rises
Price will drive competitive dynamics within rice market
Rising demand for convenient noodle options
E-commerce set for further growth while foodservice sales should benefit from Saudi Arabia’s ambitious tourism goals
The following categories and subcategories are included:
Staple Foods
-
-
-
- Packaged Flat Bread
- Unpackaged Flat Bread
-
- Packaged Leavened Bread
- Unpackaged Leavened Bread
-
-
- Packaged Cakes
- Unpackaged Cakes
- Dessert Mixes
- Frozen Baked Goods
-
- Packaged Pastries
- Unpackaged Pastries
-
- Sweet Pies and Tarts
- Frozen Cakes, Sweet Pies and Tarts
-
-
- Hot Cereals
-
- Children's Breakfast Cereals
-
- Flakes
- Muesli and Granola
- Other RTE Cereals
-
-
- Shelf Stable Beans
- Shelf Stable Fruit
- Shelf Stable Tomatoes
- Shelf Stable Vegetables
-
- Frozen Fruit
- Frozen Processed Potatoes
- Frozen Processed Vegetables
-
-
-
-
- Shelf Stable Processed Red Meat
- Shelf Stable Processed Poultry
-
- Chilled Processed Red Meat
- Chilled Processed Poultry
-
- Frozen Processed Red Meat
- Frozen Processed Poultry
-
-
- Shelf Stable Seafood
- Chilled Processed Seafood
- Frozen Processed Seafood
-
- Chilled Meat and Seafood Substitutes
- Frozen Meat and Seafood Substitutes
- Shelf Stable Meat and Seafood Substitutes
- Tofu and Derivatives
-
-
-
- Chilled Noodles
- Frozen Noodles
-
- Instant Noodle Cups
- Instant Noodle Pouches
- Plain Noodles
-
- Chilled Pasta
- Dried Pasta
- Rice
-
Staple Foods
NOTE: Couscous, polenta and quinoa are excluded from staple foods.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Staple Foods research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!