Product Code: ETC023879 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Bread market currently, in 2023, has witnessed an HHI of 860, Which has increased slightly as compared to the HHI of 678 in 2017. The market is moving towards highly competitive. 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 fewer numbers of players or countries exporting in the market.
The Saudi Arabia Bread Market is expected to witness a significant growth during the forecast period of 2025-2031 due to rising population, higher disposable incomes and increasing demand for convenience foods. The market is further driven by factors such as changing lifestyles, growing health awareness among consumers, and the emergence of new flavors in bread products. Additionally, with the help of government initiatives like Vision 2031 that focus on diversifying economic activities and encouraging foreign investment has also contributed significantly towards the growth of this industry. Furthermore, an increase in number of bakery outlets has been observed due to rising demand for breads from hotel chains and restaurants.
The population in Saudi Arabia has seen a steady increase over the past few years which has led to an increased consumption of convenience foods including breads thereby propelling the sales revenue generated from this sector. Moreover, consumer preferences have undergone major changes; along with traditional flatbreads customers are now more inclined towards western style loaves as they offer greater variety in terms of texture and flavor leading to higher sales volumes being achieved across various retail outlets throughout country. With health awareness programs conducted by both public and private organizations there has been a rise in interest among consumers regarding healthy eating behaviors which include choosing whole grain or multi-grain varieties when purchasing bread products instead opting for white processed versions available at local stores thus driving up their overall sales figures accordingly within marketplace setting .
Despite numerous attempts made by manufacturers it still remains difficult for them to source grains locally without having incur any additional costs involved making it hard maintain competitive pricing strategies needed attract potential buyers away from other similar brands being offered nearby supermarkets or hypermarkets alike . This leads lower availability levels being recorded especially within rural areas where supply chain networks not well developed yet .
The Covid-19 pandemic has caused disruption in food supply chain worldwide leading to a decrease in production capacity due to shutdowns and labor shortage issues resulting from various lockdowns imposed by governments globally including KSA (Kingdom Of Saudi Arabia). Moreover, changing consumer buying trends owing towards panic buying & stockpiling coupled with shift from offline retail channels towards internet retailing have impacted sales negatively across all sectors including that of Bakery Products including Breads within the KSA region significantly thus impacting overall revenue generated from sale of these products within this region adversely thereby affecting overall market growth negatively throughout 2025 & 2025 both years combined partially recovering only after 2022 onwards based on current estimates made considering present situation prevailing across globe currently while still continuingly being monitored & taking into account future scenarios based on how things may evolve going forward.
Some key players operating In Saudi Arabia bread industry include Almarai Co Ltd., Bakemart Gourmet LLC., Bimbo Bakeries USA Inc., Grain D`Or Ltd., Hayat Kimya SABIS Sanayi ve Ticaret AS ,Modern Bakery (IsamK) etc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Bread Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Bread Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Bread Market - Industry Life Cycle |
3.4 Saudi Arabia Bread Market - Porter's Five Forces |
3.5 Saudi Arabia Bread Market Revenues & Volume Share, By Loaves, 2021 & 2031F |
3.6 Saudi Arabia Bread Market Revenues & Volume Share, By Convenience Stores, 2021 & 2031F |
4 Saudi Arabia Bread Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Bread Market Trends |
6 Saudi Arabia Bread Market, By Types |
6.1 Saudi Arabia Bread Market, By Loaves |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Bread Market Revenues & Volume, By Loaves, 2021-2031F |
6.1.3 Saudi Arabia Bread Market Revenues & Volume, By Baguettes, 2021-2031F |
6.1.4 Saudi Arabia Bread Market Revenues & Volume, By Rolls, 2021-2031F |
6.1.5 Saudi Arabia Bread Market Revenues & Volume, By Burger Buns, 2021-2031F |
6.1.6 Saudi Arabia Bread Market Revenues & Volume, By Ciabatta, 2021-2031F |
6.1.7 Saudi Arabia Bread Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Bread Market, By Convenience Stores |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Bread Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.3 Saudi Arabia Bread Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.4 Saudi Arabia Bread Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.5 Saudi Arabia Bread Market Revenues & Volume, By Variety Stores, 2021-2031F |
6.2.6 Saudi Arabia Bread Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Bread Market Import-Export Trade Statistics |
7.1 Saudi Arabia Bread Market Export to Major Countries |
7.2 Saudi Arabia Bread Market Imports from Major Countries |
8 Saudi Arabia Bread Market Key Performance Indicators |
9 Saudi Arabia Bread Market - Opportunity Assessment |
9.1 Saudi Arabia Bread Market Opportunity Assessment, By Loaves, 2021 & 2031F |
9.2 Saudi Arabia Bread Market Opportunity Assessment, By Convenience Stores, 2021 & 2031F |
10 Saudi Arabia Bread Market - Competitive Landscape |
10.1 Saudi Arabia Bread Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Bread Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |