Packaged foods are ready to eat products that require less or no further preparation such as dairy, bakery, meats, fruits & vegetables and other products which are available through various distribution channels. The packaged food offers unique benefits such as easy to cook, handling, consumption, and safety from external tempering. The packaged food products have a longer shelf life and better hygiene as compared to other food products.

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The key factors supporting the growth of Saudi Arabia packaged food market include the increasing disposable income, growing demand for packaged food items, increasing consumer preference for nutritious rich food products, and the rising working population in Saudi Arabia. Additionally, the rising demand for packaged food due to the ease of preparation, convenience, and other remarkable benefits are further propelling the growth of Saudi Arabia packaged food market. In addition to this, the increasing penetration of the organized sector and rapid urbanization rate will further boost the market growth in the upcoming years. Moreover, the rising awareness of healthy lifestyles, along with the growing demand for quality food products, will increase the demand for packaged food in Saudi Arabia. On the other edge of the spectrum, the increasing risk of food contamination and disease may hinder the growth of Saudi Arabia packaged food market.

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On the basis of the product, the market is segmented into 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, and non-alcoholic drinks. Among these, the breakfast cereals segment is expected to grow at a higher CAGR during the forecast period owing to the increasing awareness regarding the health benefit among consumers. In addition to this, the increasing consumer preference towards easy and healthy breakfast options due to the hectic lifestyle of the working population will further create demand for the breakfast cereal segment.

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The key players operating in the market include Al Kabeer Group, National Food Industries Company, Nestle, Al Safi Danone, Alamarai, Kraft Foods Group, Saudia Dairy & Foodstuff Company, Al Muhaidib Group, Americana Group, and Arla Foods, among others.

Key Developments:

• • In 2019, Alamarai completed the acquisition of Riyadh based premier foods from Alamar foods. Through this acquisition, the company planned to expand its food service channel in Saudi Arabia.

The Saudi Arabia packaged food market has been segmented on the basis of product. Based on the product, the market is segmented into 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, and non-alcoholic drinks.

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Key questions answered in this research report:

• • At what pace is Saudi Arabia packaged food market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Saudi Arabia packaged food market? What will be the impact of drivers and restraints in the future?
  • What are the various products of Saudi Arabia packaged food market and how they are poised to grow?
  • Which Product generated maximum revenues in 2019 and identify the most promising Product during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product
Regional Coverage	Saudi Arabia
Companies Profiled	Al Kabeer Group, National Food Industries Company, Nestle, Al Safi Danone, Alamarai, Kraft Foods Group, Saudia Dairy & Foodstuff Company, Al Muhaidib Group, Americana Group, Arla Foods, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Saudi Arabia Packaged Food Market 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

Saudi Arabia Packaged Food Leading Market Players (Option: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice

• • Al Kabeer Group
  • National Food Industries Company
  • Nestle
  • Al Safi Danone
  • Alamarai
  • Kraft Foods Group
  • Saudia Dairy & Foodstuff Company
  • Al Muhaidib Group
  • Americana Group
  • Arla Foods