| Product Code: ETC224319 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Saudi Arabia`s safflower oil market witnessed a notable increase in imports. This trend was driven by rising consumer demand and a preference for high-quality cooking oils. The market experienced a steady growth trajectory, reflecting changing consumer preferences and dietary habits in the region.
Safflower oil has carved a niche in the saudi arabia edible oil market, owing to its nutritional profile and potential health benefits. The oil`s high content of monounsaturated fats has appealed to health-conscious consumers seeking alternatives to traditional cooking oils. The market`s growth is supported by both domestic production and imports. As dietary trends continue to emphasize healthier fats, safflower oil`s market share is expected to grow.
The safflower oil market in Saudi Arabia has been experiencing notable growth, primarily due to multiple market drivers. One of the prominent factors contributing to this growth is the increasing awareness of the health benefits associated with safflower oil consumption. As consumers become more health-conscious and seek alternatives to traditional cooking oils, safflower oil, known for its high content of monounsaturated fats and omega-6 fatty acids, has gained attention for its potential to promote heart health and manage cholesterol levels. Moreover, the versatility of safflower oil in culinary applications, including frying, baking, and salad dressings, has expanded its usage in households and restaurants alike. The trend towards natural and organic products has further boosted the demand for safflower oil, especially when it is minimally processed and free from additives. The growing trend of ethnic cuisine consumption in Saudi Arabia, which often incorporates safflower oil as a traditional ingredient, has also contributed to its market growth. As the ongoing shift towards healthier dietary choices and the diverse culinary landscape continue to drive consumer preferences, the safflower oil market is anticipated to witness sustained expansion.
In the safflower oil market, Saudi Arabia faces the obstacle of competition from other cooking oils. While safflower oil offers health benefits, it competes with well-established oils like olive and sunflower oil. Convincing consumers to switch or incorporate safflower oil into their cooking habits requires effective marketing and education.
The Saudi Arabia safflower oil market experienced a series of challenges and opportunities due to the COVID-19 pandemic. As lockdowns and restrictions were implemented, the market initially faced disruptions in the supply chain and a decrease in consumer spending. However, safflower oil, known for its health benefits, regained traction as consumers became more health-conscious. The market players adjusted their strategies by highlighting the immunity-boosting properties of safflower oil. Additionally, the market witnessed a shift towards smaller pack sizes as home cooking gained prominence. While the market`s path to recovery was not without obstacles, the growing awareness of healthy cooking oils supported its resurgence.
The Saudi Arabia safflower oil market includes major players like Savola Group, Astra Food Company, United Farmers Holding Company, and Arab Company for Vegetable Oils (ACVO).
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 Safflower Oil Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Safflower Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Safflower Oil Market - Industry Life Cycle |
3.4 Saudi Arabia Safflower Oil Market - Porter's Five Forces |
3.5 Saudi Arabia Safflower Oil Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Saudi Arabia Safflower Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Saudi Arabia Safflower Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Saudi Arabia Safflower Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Saudi Arabia Safflower Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of safflower oil |
4.2.2 Growing demand for natural and organic food products in Saudi Arabia |
4.2.3 Rise in disposable income leading to higher spending on premium cooking oils |
4.3 Market Restraints |
4.3.1 Price volatility of safflower oil impacting consumer purchasing decisions |
4.3.2 Competition from other alternative cooking oils in the market |
5 Saudi Arabia Safflower Oil Market Trends |
6 Saudi Arabia Safflower Oil Market, By Types |
6.1 Saudi Arabia Safflower Oil Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Safflower Oil Market Revenues & Volume, By Nature, 2021-2031F |
6.1.3 Saudi Arabia Safflower Oil Market Revenues & Volume, By Organic, 2021-2031F |
6.1.4 Saudi Arabia Safflower Oil Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Saudi Arabia Safflower Oil Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Safflower Oil Market Revenues & Volume, By High Oleic, 2021-2031F |
6.2.3 Saudi Arabia Safflower Oil Market Revenues & Volume, By High Linoleic, 2021-2031F |
6.3 Saudi Arabia Safflower Oil Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Safflower Oil Market Revenues & Volume, By Retail/Household, 2021-2031F |
6.3.3 Saudi Arabia Safflower Oil Market Revenues & Volume, By Foodservice, 2021-2031F |
6.3.4 Saudi Arabia Safflower Oil Market Revenues & Volume, By Food & Beverage Processing, 2021-2031F |
6.3.5 Saudi Arabia Safflower Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.6 Saudi Arabia Safflower Oil Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.3.7 Saudi Arabia Safflower Oil Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
6.4 Saudi Arabia Safflower Oil Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Safflower Oil Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Saudi Arabia Safflower Oil Market Revenues & Volume, By Modern Trade, 2021-2031F |
6.4.4 Saudi Arabia Safflower Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Saudi Arabia Safflower Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.4.6 Saudi Arabia Safflower Oil Market Revenues & Volume, By Online Stores, 2021-2031F |
6.4.7 Saudi Arabia Safflower Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Safflower Oil Market Import-Export Trade Statistics |
7.1 Saudi Arabia Safflower Oil Market Export to Major Countries |
7.2 Saudi Arabia Safflower Oil Market Imports from Major Countries |
8 Saudi Arabia Safflower Oil Market Key Performance Indicators |
8.1 Adoption rate of safflower oil in cooking and food preparation |
8.2 Number of new safflower oil product launches in the market |
8.3 Consumer perception and trust in safflower oil quality and health benefits |
9 Saudi Arabia Safflower Oil Market - Opportunity Assessment |
9.1 Saudi Arabia Safflower Oil Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Saudi Arabia Safflower Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Saudi Arabia Safflower Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Saudi Arabia Safflower Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Saudi Arabia Safflower Oil Market - Competitive Landscape |
10.1 Saudi Arabia Safflower Oil Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Safflower Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |