Global Saudi Arabia Packaged Food Market
The GMI Research forecasts that the Saudi Arabia Packaged Food Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the ongoing innovation in the market, supported by augmenting consumer demand.
Introduction of the Saudi Arabia Packaged Food Market:
Packaged foods are mainly ready-to-eat products that demand less or no further preparation, such as dairy, bakery, meats, and fruits & vegetables, which are easily accessible through various distribution channels. The food offers unique benefits such as ease to cook, handling, consumption, and safety from external tempering with a longer shelf life and better hygiene than other food products.
Key Players of the Global Saudi Arabia Packaged Food Market:
- Al Kabeer Group
- Nestle
- Alamarai
- Saudia Dairy & Foodstuff Company
- Americana Group
- Arla Foods
- National Food Industries Company
- Al Safi Danone
- Kraft Foods Group
- Al Muhaidib Group
Saudi Arabia Packaged Food Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Some of the major drivers supplementing Saudi Arabia’s packaged food market growth include the increasing inclination of individuals towards healthy and nourishing food items, the accelerating working population, and the rising per capita income. In addition, the growing penetration of the organized sector, intensifying the urban population, and fuelling demand for better quality products will further supplement the market demand. Furthermore, the aggravating demand for packaged food led by their enormous benefits, including ease of preparation and convenience, has further strengthened the packaged food market size. However, the mounting risk of food contamination and disease may contract the market growth.
Saudi Arabia Packaged Food Market Segmentation:
Segmentation by Product
- Ready Meals
- Baked foods
- Breakfast cereals
- Soups
- Baby Food
- Potato Chips
- Nuts
- Instant Noodles
- Pasta
- Biscuits
- Chocolate Confectionary
- Cheese
- Yogurt
- Ice Creams
- Sauces, Dressings & Condiments
- Non-alcoholic drinks
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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