Saudi Arabia Food and Beverage Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

Saudi Arabia's Food & Beverage Market is segmented by Product type (Dairy & Dairy Alternatives Products, Confectionery, Beverages, Bakery, Snacks, Meat, Poultry Seafood & Meat Substitutes, Breakfast Cereals, and Ready Meals) and By Distribution Channel. The report offers the market size in value terms in USD for all the abovementioned segments.

Saudi Arabia Food and Beverage Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

Saudi Arabia Food & Beverage Industry Overview

The food and beverage market in Saudi Arabia is highly competitive. Local players are emerging to cater to the demand for dairy products and other food and beverage products in the country. Some of the major companies are Almarai Company, SADAFCO, National Agriculture Development Company (NADEC), Nestle S.A, Tanmiah Food Company, The Kellogg Company, and others. 

The major players are focusing on introducing new and innovative products in the market to cater to the interests of the consumers. Additionally, the companies are following strategies that include the provision of products through e-commerce (own website and third parties) websites to facilitate a larger targeted audience. Moreover, to gain a competitive advantage, the key players try to differentiate their offerings and compete on different factors, including product offerings, flavor, price, quality, packaging format, and marketing activities.

Saudi Arabia Food & Beverage Market Leaders

  1. Almarai Co. Ltd.

  2. Saudia Dairy & Foodstuff Company (SADAFCO)

  3. National Agricultural Development Company (NADEC)

  4. Nestlé S.A.

  5. Tanmiah Food Company

  6. *Disclaimer: Major Players sorted in no particular order
Saudi Arabia Food & Beverage Market Concentration