Product Code: ETC038900 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Carbonated Beverages market currently, in 2023, has witnessed an HHI of 2253, Which has increased slightly as compared to the HHI of 2168 in 2017. The market is moving towards moderately 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 carbonated beverages market is expected to grow at a CAGR of 4.8% during the forecast period 2020-2026. Factors such as increasing demand for healthier and low calorie drinks, rising disposable incomes, and growing consumption of energy drinks among young population are driving the growth of this market. The changing lifestyle preferences and trend towards health consciousness is fueling the sales of sparkling beverages including fruit-based flavors such as apple & peach, orange & mandarin, lemonade & limeade etc., which has augmented the growth in this market over a couple of years. Additionally, manufacturers are providing new flavor options like guava or passionfruit for their customers that further propel the market growth in Saudi Arabia region.
Consumers?? preference towards healthy eating has increased significantly due to rising awareness about health benefits associated with it. Furthermore, people prefer natural sources instead of artificial sweeteners or preservatives in products they consume daily basis; hence leading to higher consumption rate of non-alcoholic drinks having lower sugar content across all age groups in Saudi Arabia region. This factor will drive up sales opportunities for soda makers who offer healthier drink options with reduced sugar contents without compromising on taste or flavour profile. Rising Disposable Incomes with increase in per capita income along with improvement in economic conditions has enabled consumers to spend more money on F&B products like carbonated soft drinks (CSDs). Moreover, growing urbanization coupled with change lifestyles have resulted into shift from old traditional ways making way for modern trends amongst people residing across different parts of country resulting into upliftment CSD sector??s performance overall thus propelling its future outlook positively.
Obesity is becoming an issue amongst people living especially those staying metropolitan cities due excessive consumption sugary items including carbonated soft drinks; Thus governmental bodies enforcing strict regulations regarding presence high level artificial components present inside these types consumer products thereby creating some hindrance companies operating within space.
However, with COVID-19 outbreak getting worst day-by-day across Saudi Arabia, there will be a reduction in demand as people may be cautious about consuming packaged food items including canned & bottled drinks due to safety concerns associated with such products during pandemic times like these. This would affect sales negatively for players operating in this segment leading them to take necessary steps such as cutting down prices or increasing promotional activities which could help reduce losses from reduced consumer demands over short term period .
Some of the key players currently operating within Saudi Arabia Carbonated Beverages Market are PepsiCo Inc., Coca Cola Company , 7up Co., Nestle SA , Fruitizz International Ltd., 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 Carbonated Beverages Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Carbonated Beverages Market Revenues & Volume, 2020 & 2030F |
3.3 Saudi Arabia Carbonated Beverages Market - Industry Life Cycle |
3.4 Saudi Arabia Carbonated Beverages Market - Porter's Five Forces |
3.5 Saudi Arabia Carbonated Beverages Market Revenues & Volume Share, By Product Types, 2020 & 2030F |
3.6 Saudi Arabia Carbonated Beverages Market Revenues & Volume Share, By Flavour, 2020 & 2030F |
3.7 Saudi Arabia Carbonated Beverages Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Saudi Arabia Carbonated Beverages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Carbonated Beverages Market Trends |
6 Saudi Arabia Carbonated Beverages Market, By Types |
6.1 Saudi Arabia Carbonated Beverages Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Product Types, 2020-2030F |
6.1.3 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Soft Drinks, 2020-2030F |
6.1.4 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Carbonated Water, 2020-2030F |
6.1.5 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Sports & Energy Drinks, 2020-2030F |
6.1.6 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Others, 2020-2030F |
6.2 Saudi Arabia Carbonated Beverages Market, By Flavour |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Cola, 2020-2030F |
6.2.3 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Fruit Based, 2020-2030F |
6.2.4 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Others, 2020-2030F |
6.3 Saudi Arabia Carbonated Beverages Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Hypermarkets & Supermarkets, 2020-2030F |
6.3.3 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Convenience Stores, 2020-2030F |
6.3.4 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Food Service Outlets, 2020-2030F |
6.3.5 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Transport Terminals, 2020-2030F |
6.3.6 Saudi Arabia Carbonated Beverages Market Revenues & Volume, By Online Stores & D2C, 2020-2030F |
7 Saudi Arabia Carbonated Beverages Market Import-Export Trade Statistics |
7.1 Saudi Arabia Carbonated Beverages Market Export to Major Countries |
7.2 Saudi Arabia Carbonated Beverages Market Imports from Major Countries |
8 Saudi Arabia Carbonated Beverages Market Key Performance Indicators |
9 Saudi Arabia Carbonated Beverages Market - Opportunity Assessment |
9.1 Saudi Arabia Carbonated Beverages Market Opportunity Assessment, By Product Types, 2020 & 2030F |
9.2 Saudi Arabia Carbonated Beverages Market Opportunity Assessment, By Flavour, 2020 & 2030F |
9.3 Saudi Arabia Carbonated Beverages Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Saudi Arabia Carbonated Beverages Market - Competitive Landscape |
10.1 Saudi Arabia Carbonated Beverages Market Revenue Share, By Companies, 2023 |
10.2 Saudi Arabia Carbonated Beverages Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |