Saudi Arabia Groceries Market (2024-2030) | Trends, Value, Industry, Size, Outlook, Share, Revenue, Companies, Forecast, Analysis, Growth

Market Forecast By Product Types (Packaged Food, Unpackaged Food, Drinks, Tobacco, Household Products, Others), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Store, Online) And Competitive Landscape
Product Code: ETC016679 Publication Date: Jul 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Groceries Market Synopsis

The Saudi Arabia Groceries Market size is projected to reach USD 11.3 billion by 2026, from USD 7.6 billion in 2020, growing at a CAGR of 5.7% during 2020-2026. The market has been witnessing strong growth over the last few years due to changing lifestyle and rising disposable incomes of households in the country. Moreover, increasing trend of online grocery shopping coupled with technological advancements in supply chain logistics have further spurred the growth of groceries market in Saudi Arabia.

Market Drivers

Rising disposable income among consumers leading to increased spending on food items, Growing demand for convenience foods and ready-to-eat products, Increasing penetration of organized retail stores such as supermarkets, hypermarkets etcetera, and Growing penetration & acceptance of eCommerce for grocery shopping are some factors driving the market growth.

Challenges of the Market

High competition among traditional grocers & modern retailers resulting in lower margins and Lack of product differentiation results into pricing pressure on vendors are some challenges faced by the market.

Covid 19 Impact on the Market

Due to Covid-19 pandemic across the World has resulted into tremendous changes within retail industry including food retail sector also known as Grocery Retail Sector which includes Supermakets/Hypermarkets/Convenience Stores etc.. During this period people preferred ??stay home?? strategy instead going out only when needed thus resulting into increase in online orders causing high demand particularly related to Grocery Shopping through various Ecommerce Portals like Amazon Fresh , CarrefourOnline , SPAR Express etc.. Furthermore governments imposed lockdowns across different countries giving boost to home delivery services offered by Grocery Retailers or Third Party Logistics Companies . All these factors are expected contribute towards overall Growth in Saudia Geroceirs Market during forecast period 2021 ?? 2026.

key players of the Market

Some major players operating within Saudi Arabia Groceries Market include Nestle SA (Switzerland), Unilever PLC (UK), Almarai Co Ltd (Saudi Arabia) , Savola Group (Kingdom Of saudi arabia) , Danube Group(UAE) Abu Dhabi Coop (UAE ) Majid Al Futtaim Holding LLC( UAE ) Choithrams Supermarket LLC( UAE).

Key Highlights of the Report:

  • Saudi Arabia Groceries Market Outlook
  • Market Size of Saudi Arabia Groceries Market, 2023
  • Forecast of Saudi Arabia Groceries Market, 2030
  • Historical Data and Forecast of Saudi Arabia Groceries Revenues & Volume for the Period 2020-2030
  • Saudi Arabia Groceries Market Trend Evolution
  • Saudi Arabia Groceries Market Drivers and Challenges
  • Saudi Arabia Groceries Price Trends
  • Saudi Arabia Groceries Porter's Five Forces
  • Saudi Arabia Groceries Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Product Types for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Packaged Food for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Unpackaged Food for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Drinks for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Tobacco for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Household Products for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Distribution Channel for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Supermarkets & Hypermarkets for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Convenience Store for the Period 2020-2030
  • Historical Data and Forecast of Saudi Arabia Groceries Market Revenues & Volume By Online for the Period 2020-2030
  • Saudi Arabia Groceries Import Export Trade Statistics
  • Market Opportunity Assessment By Product Types
  • Market Opportunity Assessment By Distribution Channel
  • Saudi Arabia Groceries Top Companies Market Share
  • Saudi Arabia Groceries Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Groceries Company Profiles
  • Saudi Arabia Groceries Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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 Groceries Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Groceries Market Revenues & Volume, 2020 & 2030F

3.3 Saudi Arabia Groceries Market - Industry Life Cycle

3.4 Saudi Arabia Groceries Market - Porter's Five Forces

3.5 Saudi Arabia Groceries Market Revenues & Volume Share, By Product Types, 2020 & 2030F

3.6 Saudi Arabia Groceries Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F

4 Saudi Arabia Groceries Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Saudi Arabia Groceries Market Trends

6 Saudi Arabia Groceries Market, By Types

6.1 Saudi Arabia Groceries Market, By Product Types

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Groceries Market Revenues & Volume, By Product Types, 2020-2030F

6.1.3 Saudi Arabia Groceries Market Revenues & Volume, By Packaged Food, 2020-2030F

6.1.4 Saudi Arabia Groceries Market Revenues & Volume, By Unpackaged Food, 2020-2030F

6.1.5 Saudi Arabia Groceries Market Revenues & Volume, By Drinks, 2020-2030F

6.1.6 Saudi Arabia Groceries Market Revenues & Volume, By Tobacco, 2020-2030F

6.1.7 Saudi Arabia Groceries Market Revenues & Volume, By Household Products, 2020-2030F

6.1.8 Saudi Arabia Groceries Market Revenues & Volume, By Others, 2020-2030F

6.2 Saudi Arabia Groceries Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Groceries Market Revenues & Volume, By Supermarkets & Hypermarkets, 2020-2030F

6.2.3 Saudi Arabia Groceries Market Revenues & Volume, By Convenience Store, 2020-2030F

6.2.4 Saudi Arabia Groceries Market Revenues & Volume, By Online, 2020-2030F

7 Saudi Arabia Groceries Market Import-Export Trade Statistics

7.1 Saudi Arabia Groceries Market Export to Major Countries

7.2 Saudi Arabia Groceries Market Imports from Major Countries

8 Saudi Arabia Groceries Market Key Performance Indicators

9 Saudi Arabia Groceries Market - Opportunity Assessment

9.1 Saudi Arabia Groceries Market Opportunity Assessment, By Product Types, 2020 & 2030F

9.2 Saudi Arabia Groceries Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F

10 Saudi Arabia Groceries Market - Competitive Landscape

10.1 Saudi Arabia Groceries Market Revenue Share, By Companies, 2023

10.2 Saudi Arabia Groceries Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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