| Product Code: ETC170818 | Publication Date: Jan 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Saudi Arabia fats and oils market, the import trend experienced significant growth from 2023 to 2024, with a growth rate of 142.06%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 32.69%. This surge in imports can be attributed to shifting consumer preferences towards healthier cooking oils and increased demand for processed food products in the region.
The Saudi Arabia fats and oils market is essential for the food and cooking industry.Fats and oils are used in a wide range of culinary applications.Key market players supply cooking oils, margarine, and related products to households and the foodservice sector.As culinary diversity and foodservice establishments expand in Saudi Arabia, the demand for fats and oils may experience growth.
The Saudi Arabia fats and oils market is expected to witness growth due to the diverse applications of edible oils in cooking, food processing, and manufacturing.Edible oils such as vegetable oils and olive oil are essential ingredients in traditional and contemporary cuisine.The changing dietary preferences, health-conscious consumer trends, and the food industry`s requirements for ingredients will drive the demand for fats and oils.
The Saudi Arabia fats and oils market faces challenges related to health and nutrition awareness.Fats and oils are essential ingredients in cooking, but market players must adapt to changing consumer preferences for healthier and sustainable options.Ensuring the availability of trans-fat-free and responsibly sourced fats and oils is crucial.Moreover, competition from alternative cooking ingredients and international suppliers adds complexity to the market dynamics.The need for transparent labeling, nutritional education, and sustainable sourcing practices influences consumer trust and market demand.
The fats and oils market in Saudi Arabia remained relatively stable during the COVID-19 pandemic, supported by sustained demand from the food processing and cooking sectors.Fats and oils are essential ingredients in various food preparations.As consumer preferences for home-cooked meals and convenience foods continued post-pandemic, the market for fats and oils continued to perform well.The pandemic highlighted the versatility of these ingredients in culinary applications.
In the fats and oils market, companies like Savola Group and United Farmers Holding Company are key players.They produce a variety of cooking oils, margarine, and other fat-based products for the food industry in Saudi Arabia.
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 Fats and Oils Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Fats and Oils Market Revenues & Volume, 2020 & 2030F |
3.3 Saudi Arabia Fats and Oils Market - Industry Life Cycle |
3.4 Saudi Arabia Fats and Oils Market - Porter's Five Forces |
3.5 Saudi Arabia Fats and Oils Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Saudi Arabia Fats and Oils Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 Saudi Arabia Fats and Oils Market Revenues & Volume Share, By Source, 2020 & 2030F |
3.8 Saudi Arabia Fats and Oils Market Revenues & Volume Share, By Sales Channel, 2020 & 2030F |
4 Saudi Arabia Fats and Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health awareness leading to a shift towards healthier fats and oils |
4.2.2 Growth in the food industry and increasing demand for processed foods |
4.2.3 Growing population and changing dietary habits in Saudi Arabia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Stringent regulations and standards in the food industry |
4.3.3 Competition from alternative sources of fats and oils such as plant-based options |
5 Saudi Arabia Fats and Oils Market Trends |
6 Saudi Arabia Fats and Oils Market, By Types |
6.1 Saudi Arabia Fats and Oils Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Fats and Oils Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Saudi Arabia Fats and Oils Market Revenues & Volume, By Oil Type, 2020-2030F |
6.1.4 Saudi Arabia Fats and Oils Market Revenues & Volume, By Fat Type, 2020-2030F |
6.2 Saudi Arabia Fats and Oils Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Fats and Oils Market Revenues & Volume, By Food Applications, 2020-2030F |
6.2.3 Saudi Arabia Fats and Oils Market Revenues & Volume, By Industrial Applications, 2020-2030F |
6.3 Saudi Arabia Fats and Oils Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Fats and Oils Market Revenues & Volume, By Vegetable, 2020-2030F |
6.3.3 Saudi Arabia Fats and Oils Market Revenues & Volume, By Animal, 2020-2030F |
6.4 Saudi Arabia Fats and Oils Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Fats and Oils Market Revenues & Volume, By Direct Sales, 2020-2030F |
6.4.3 Saudi Arabia Fats and Oils Market Revenues & Volume, By Supermarkets and Hypermarkets, 2020-2030F |
6.4.4 Saudi Arabia Fats and Oils Market Revenues & Volume, By Retail Stores, 2020-2030F |
6.4.5 Saudi Arabia Fats and Oils Market Revenues & Volume, By Online Stores, 2020-2030F |
6.4.6 Saudi Arabia Fats and Oils Market Revenues & Volume, By Others, 2020-2030F |
7 Saudi Arabia Fats and Oils Market Import-Export Trade Statistics |
7.1 Saudi Arabia Fats and Oils Market Export to Major Countries |
7.2 Saudi Arabia Fats and Oils Market Imports from Major Countries |
8 Saudi Arabia Fats and Oils Market Key Performance Indicators |
8.1 Consumer demand for healthier fats and oils |
8.2 Adoption rate of new processing technologies in the fats and oils industry |
8.3 Investment in research and development for innovative fats and oils products |
8.4 Regulatory compliance and certifications in the fats and oils market |
8.5 Consumer preferences and trends in the fats and oils sector |
9 Saudi Arabia Fats and Oils Market - Opportunity Assessment |
9.1 Saudi Arabia Fats and Oils Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Saudi Arabia Fats and Oils Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 Saudi Arabia Fats and Oils Market Opportunity Assessment, By Source, 2020 & 2030F |
9.4 Saudi Arabia Fats and Oils Market Opportunity Assessment, By Sales Channel, 2020 & 2030F |
10 Saudi Arabia Fats and Oils Market - Competitive Landscape |
10.1 Saudi Arabia Fats and Oils Market Revenue Share, By Companies, 2023 |
10.2 Saudi Arabia Fats and Oils Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |