Product Code: ETC016679 | 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 | |
The Saudi Arabia Groceries Market size is projected to reach USD 11.3 billion by 2031, from USD 7.6 billion in 2025, growing at a CAGR of 5.7% during 2025-2031. 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.
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.
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.
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 2025 ?? 2031.
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).
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, 2021 & 2031F |
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, 2021 & 2031F |
3.6 Saudi Arabia Groceries Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
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, 2021-2031F |
6.1.3 Saudi Arabia Groceries Market Revenues & Volume, By Packaged Food, 2021-2031F |
6.1.4 Saudi Arabia Groceries Market Revenues & Volume, By Unpackaged Food, 2021-2031F |
6.1.5 Saudi Arabia Groceries Market Revenues & Volume, By Drinks, 2021-2031F |
6.1.6 Saudi Arabia Groceries Market Revenues & Volume, By Tobacco, 2021-2031F |
6.1.7 Saudi Arabia Groceries Market Revenues & Volume, By Household Products, 2021-2031F |
6.1.8 Saudi Arabia Groceries Market Revenues & Volume, By Others, 2021-2031F |
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, 2021-2031F |
6.2.3 Saudi Arabia Groceries Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.2.4 Saudi Arabia Groceries Market Revenues & Volume, By Online, 2021-2031F |
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, 2021 & 2031F |
9.2 Saudi Arabia Groceries Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Saudi Arabia Groceries Market - Competitive Landscape |
10.1 Saudi Arabia Groceries Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Groceries Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |