Market Forecast By Types (Crackers & Savory Biscuits, Sweet Biscuits, Functional/ Energetic), By Category (Premium Biscuits, Non-Premium Biscuits), By Distribution (Supermarkets & Hypermarkets, Convenience Stores, Specialist Stores, Online Retail, And Others), By Regions (Central Region, Western Region, Eastern Region, Southern Region) And Competitive Landscape.
Product Code: ETC001354 | Publication Date: Jun 2022 | Updated Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Biscuits Market registered a decline of -43.67% in value shipments in 2021 as compared to 2020 and an increase of 2.6% CAGR in 2021 over a period of 2017. In Biscuits Market Saudi Arabia is becoming less competitive as HHI index in 2021 was 1862 while in 2017 it was 618. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Saudi Arabia has reportedly relied more on imports to meet its growing demand in Biscuits Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Biscuits Market in 2021 was 1.91 while in 2017 it was 3.24. Bahrain, Egypt, Germany, Netherlands and Italy were among the top players of the market in 2021, where Bahrain acquired the largest market share of 36.44% with a shipment value of 37.1 million USD in 2022 Bahrain also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Biscuits Market. In 2017 Italy had the largest market share of 12.52% with the shipment value of 19.9 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although Italy offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Saudi Arabia Biscuits Market in 2017.
Saudi Arabia Biscuits market report thoroughly covers the market by types, Distribution, category, and Regions including Central Region, Western Region, Eastern Region, and Southern Region. The Saudi Arabia Biscuits market outlook report provides an unbiased and detailed analysis of the ongoing Saudi Arabia Biscuits market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Saudi Arabia Biscuits Market is anticipated to project growth during the upcoming years on the back of increasing demand for biscuits as a snack by almost all the sections of the population from a child to senior citizens is one of the major factors leading to the growth of the Saudi Arabia Biscuits Market. Additionally, growing tourism in Saudi Arabia, as well as increasing demand for healthier biscuits that uses ingredients such as oats, multigrain, and wheat, would further lead to the growth of the biscuits market over the next six years. The growing urbanization and increasing working population coupled with rising demand for intermittent snacking are driving the Saudi Arabia Biscuits Market Growth.
According to 6Wresearch, Saudi Arabia Biscuits Market size is anticipated to register growth during 2019-2025. Rising disposable income coupled with growing urbanization is driving the development of the market. Moreover, increasing efforts to shift towards gluten-free cookies owing to improvement in lifestyle is driving the Saudi Arabia Biscuits Market Share. The availability of a wide range of flavored biscuits in the market is also accelerating the Saudi Arabia Biscuits Market Share.
Overall Saudi Arabia, Central Region along with Western Region dominated the Saudi Arabia Biscuits Market in 2018, and are projected to lead the market revenues during the forecast period on account of the rising presence of biscuit manufacturing units in the region together with increasing investments by organizations in marketing and packaging of the product. Further, a growing population coupled with the changing lifestyle of consumers would contribute to the Saudi Arabia biscuit market forecast revenues over the coming years.
On basis of biscuit types, the plain biscuits segment captured the majority of the market revenues in 2018 and is anticipated to lead the market revenues throughout the forecast period due to the rising trend of consuming biscuits as snacks between meals. Also, the premium biscuits segment is anticipated to witness considerable growth over the next six years owing to the growing trend of gifting premium biscuits on occasions.
The Saudi Arabia Biscuits Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Saudi Arabia Biscuits Market Overview |
3.1 Saudi Arabia Country Indicators |
3.2 Saudi Arabia Biscuits Market Revenues 2015-2025F |
3.3 Saudi Arabia Biscuits Market Revenue Share, By Biscuit Types, 2018 & 2025F |
3.4 Saudi Arabia Biscuits Market Revenue Share, By Category, 2018 & 2025F |
3.5 Saudi Arabia Biscuits Market Revenue Share, By Distribution, 2018 & 2025F |
3.6 Saudi Arabia Biscuits Market Revenue Share, By Regions, 2018 & 2025F |
3.7 Saudi Arabia Biscuits Market - Distribution Life Cycle |
3.8 Saudi Arabia Biscuits Market - Porter’s Five Forces |
4. Saudi Arabia Biscuits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Saudi Arabia Biscuits Market Trends |
6. Saudi Arabia Biscuits Market Overview, By Biscuit Types |
6.1 Saudi Arabia Biscuits Market Revenues, By Crackers & Savory Biscuits, 2015-2025F |
6.2 Saudi Arabia Biscuits Market Revenues, By Sweet Biscuits, 2015-2025F |
6.3 Saudi Arabia Biscuits Market Revenues, By Functional/ Energetic Biscuits, 2015-2025F |
7. Saudi Arabia Biscuits Market Overview, By Category |
7.1 Saudi Arabia Biscuits Market Revenues, By Premium Biscuits, 2015-2025F |
7.2 Saudi Arabia Biscuits Market Revenues, By Non-Premium Biscuits, 2015-2025F |
8. Saudi Arabia Biscuits Market Overview, By Distribution |
8.1 Saudi Arabia Biscuits Market Revenues, By Supermarkets & Hypermarkets, 2015-2025F |
8.2 Saudi Arabia Biscuits Market Revenues, By Convenience Stores, 2015-2025F |
8.3 Saudi Arabia Biscuits Market Revenues, By Specialist Stores, 2015-2025F |
8.4 Saudi Arabia Biscuits Market Revenues, By Online Retail, 2015-2025F |
8.3 Saudi Arabia Biscuits Market Revenues, By Others, 2015-2025F |
9. Saudi Arabia Biscuits Market Overview, By Region |
9.1 Saudi Arabia Biscuits Market Revenues, By Eastern Region, 2015-2025F |
9.2 Saudi Arabia Biscuits Market Revenues, By Central Region, 2015-2025F |
9.3 Saudi Arabia Biscuits Market Revenues, By Western Region, 2015-2025F |
9.4 Saudi Arabia Biscuits Market Revenues, By Southern Region, 2015-2025F |
10. Saudi Arabia Biscuits Market - Key Performance Indicators |
11. Saudi Arabia Biscuits Market - Opportunity Assessment |
11.1 Saudi Arabia Biscuits Market Opportunity Assessment, By Biscuit Types, 2025F |
11.2 Saudi Arabia Biscuits Market Opportunity Assessment, By Category, 2025F |
11.3 Saudi Arabia Biscuits Market Opportunity Assessment, By Distribution, 2025F |
12. Saudi Arabia Biscuits Market Competitive Landscape |
12.1 Saudi Arabia Biscuits Market Revenue Share, By Company |
12.1.1 Central Region Biscuits Market Revenue Share, By Companies, 2018 |
12.1.2 Western Region Biscuits Market Revenue Share, By Companies, 2018 |
12.1.3 Eastern Region Biscuits Market Revenue Share, By Companies, 2018 |
12.1.4 Southern Region Biscuits Market Revenue Share, By Companies, 2018 |
12.2 Saudi Arabia Biscuits Market Competitive Benchmarking, By Operating & Technical Parameters |
13. Company Profiles |
14. Key Recommendations |
15. Disclaimer |