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Saudi Arabia Dairy Products Market Size, Forecast: By Type: Milk, Cheese, Yoghurt, Butter, Others; By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Speciality Stores, Online, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2023-2028
Saudi Arabia Dairy Products Market Outlook
The Saudi Arabia dairy products market size is estimated to exhibit a CAGR of 3.8% in the forecast period of 2023-2028. The major market drivers are growing health awareness among consumers, increased production of dairy products, and the surging launch of flavoured dairy products in the country.
Key Trends in the Market
Dairy products are food products derived from the milk of cows, sheep, goats, and buffalos, among other animals. Some of the common dairy products are milk, butter, cheese, and yoghurt, which are rich sources of calcium, vitamins, and minerals, among others.
- Growing demand for fortified dairy products which contain extra vitamins, minerals, iron, zinc, and omega is one of the prominent Saudi Arabia dairy products market trends. Such products provide health benefits such as promoting bone health and supporting overall growth.
- With a growing inclination towards fitness and wellness, dairy beverages such as drinkable yoghurts and flavoured milk are gaining popularity as healthy snacks in the country due to their high protein and low sugar content.
- In Saudi Arabia, there is an emerging shift in consumer preference towards clean labelled or organic dairy products which do not contain any artificial preservatives and harmful chemical additives.
- The development of innovative dairy products, such as wellness cheese which contains omega-3, probiotics, and vitamin D and fat-free or flavoured yoghurts, among others, are also expected to provide impetus to the Saudi Arabia dairy products market growth.
Market Analysis
Based on type, the market is divided into milk, cheese, yoghurt, and butter, among others. The Saudi Arabia dairy products market segmentation, on the basis of distribution channel, includes supermarkets/hypermarkets, convenience stores, speciality stores, and online, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Saudi Arabia dairy products market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Nestlé SA
- Arla Foods Amba
- Danone SA
- Lactalis International
- Almarai Company
- Al Othman Holding Co.
- Saudia Dairy & Foodstuff Co.
- National Agricultural Development Company (NADEC)
- United National Dairy Co.
- Mondelez Global LLC
- Others
Market Share by Type
Milk occupies a significant portion of the Saudi Arabia dairy products market share owing to its high consumption in the country. Its nutritional contents such as calcium, protein, vitamins, and minerals, among others, provide multiple health benefits to consumers. It is also a primary raw material used in the production of different food products such as butter, cheese, ice cream, milkshakes, desserts, and puddings. Additionally, the growing production of novel products such as fat-free, flavoured, organic and lactose-free milk contributes to the market growth.
Market Share by Distribution Channel
As per the Saudi Arabia dairy products market analysis, supermarkets/hypermarkets account for a substantial share of the market due to the availability of a wide range of dairy products in these stores. These stores are easily accessible, which makes them popular among consumers who prefer to buy their groceries and dairy products on a weekly basis. Furthermore, they are equipped with controlled temperature shelves to store dairy products and keep them fresh for a long period.
Attractive in-store discounts and offers, coupled with the availability of a wide range of dairy products, make supermarkets and hypermarkets an attractive shopping option among consumers.
Competitive Landscape
Nestlé SA is a multinational food and drinks corporation, founded in 1866 and headquartered in Vevey, Switzerland. Its product portfolio includes dairy products, chilled and frozen food, cereal, and plant-based food among others.
Arla Foods Amba, established in 2000, is a dairy products company with its headquarters in Viby, Denmark. Some of its popular products include milk, milk powder, yoghurt, cheese, and butter, among others.
Danone SA, incorporated in 1919 and based in Hoofddorp, the Netherlands, is a multinational food company. The company provides bottled water, dairy products, dairy specialities, and plant-based nutritional products, among others.
Other Saudi Arabia dairy products market players include Lactalis International, Almarai Company, Al Othman Holding Co., Saudia Dairy & Foodstuff Co., National Agricultural Development Company (NADEC), United National Dairy Co., and Mondelez Global LLC, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Dairy Products Market Overview
8.1 Key Industry Highlights
8.2 Global Dairy Products Historical Market (2018-2022)
8.3 Global Dairy Products Market Forecast (2023-2028)
8.4 Global Dairy Products Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Saudi Arabia Dairy Products Market Overview
9.1 Key Industry Highlights
9.2 Saudi Arabia Dairy Products Historical Market (2018-2022)
9.3 Saudi Arabia Dairy Products Market Forecast (2023-2028)
10 Saudi Arabia Dairy Products Market by Type
10.1 Milk
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Cheese
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Yoghurt
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Butter
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Saudi Arabia Dairy Products Market by Distribution Channel
11.1 Supermarkets/Hypermarkets
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Speciality Stores
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 Online
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Trade Data Analysis
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Nestlé SA
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Arla Foods Amba
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Danone SA
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Lactalis International
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Almarai Company
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Al Othman Holding Co.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Saudia Dairy & Foodstuff Co.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 National Agricultural Development Company (NADEC)
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 United National Dairy Co.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Mondelez Global LLC
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Dairy Products Market: Key Industry Highlights, 2018 and 2028
2. Saudi Arabia Dairy Products Market: Key Industry Highlights, 2018 and 2028
3. Saudi Arabia Dairy Products Historical Market: Breakup by Type (USD Million), 2018-2022
4. Saudi Arabia Dairy Products Market Forecast: Breakup by Type (USD Million), 2023-2028
5. Saudi Arabia Dairy Products Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
6. Saudi Arabia Dairy Products Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
7. Major Importing Countries by Volume
8. Major Exporting Countries by Volume
9. Major Importing Countries by Value
10. Major Exporting Countries by Value
11. Saudi Arabia Dairy Products Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 3.8% between 2023 and 2028.
The major market drivers are growing health awareness among consumers, growing production of dairy products, and the launch of flavoured dairy products.
The key trends of the market include growing demand for fortified dairy products, rising popularity of high-protein beverages, shifting consumer preference towards organic dairy products, and innovations in dairy products.
Various types of dairy products are milk, cheese, yoghurt, and butter, among others.
Different distribution channels in the market are supermarkets/hypermarkets, convenience stores, speciality stores, and online, among others.
The key players in the market are Nestlé SA, Arla Foods Amba, Danone SA, Lactalis International, Almarai Company, Al Othman Holding Co., Saudia Dairy & Foodstuff Co., National Agricultural Development Company (NADEC), United National Dairy Co., and Mondelez Global LLC, among others.
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