The Saudi Arabia Ready Meals market has grown significantly in recent years. GMI Research expects revenue for the Saudi Arabia Ready Meals market to increase from USD XX million in 2018 to USD XX million in 2026, growing at a compound annual growth rate (CAGR) of 6.7% percent over the forecast period 2019-2026.

Ready Meals consists of a wide range of frozen, canned or dried meal kits that have been commercially prepared to optimise ease of consumption. The Ready meals are simply portable, have a longer shelf life and is usually ready to eat without further preparation. These meals are considered as a cost-effective alternative meal and are widely available. Ready-to-eat meals comprises of various type of food such as Tortilla wraps, Meat Products, Frozen Pizza & Burger, Noodles, Prepared salads, Poultry Products and Sea Foods.

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The ready meals are highly convenient and saves time and efforts, thereby encouraging the working population, ready-to-eat meals across the Saudi Arabia. Moreover, the easy availability of such meals at an attractive discounted price will further complement the growth of the Saudi Arabia Ready Meals market over the coming years. Various food companies are focusing on the development of “healthier” ready meals in order to meet the changing demand of the customers. These meals will have lower calories, fat, salt and sugar, thereby attracting a large number of customers to opt for ready-to-eat meals in Saudi Arabia. The rising per capita income level, the growing hectic lifestyle and the growing population of working women will have a positive impact on the demand of the Ready Meals market during the forecast period. On the other hand, the growing awareness regarding the harmful effects of the ready-to-eat meals and the increasing cases of obesity among children will hamper the growth of the Saudi Arabia Ready Meals market.

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Frozen Ready Meals segment is anticipated to lead the market during the forecast period owing to the high shelf life of the frozen product at an affordable price. The rising awareness regarding the nutritional balanced diet among the target customer will have a positive impact on the Ready Meal market during the forecast period. The frozen food retains the vitamins, minerals, carbohydrate and protein content of the food while providing similar taste and flavour to the consumer.

Burger segment is expected to grow at the highest CAGR during the forecast period as burgers is one of the preferred food choices by Saudi young population. As fast food influence is likely to rise among young generations will drive this market.

Retail and Supermarket segment is expected to grow at the highest CAGR during the forecast period owing to the easy availability of a wide range of products at attractive discount offer. The brick & mortar stores provide a proper shelf display of the products along with a detailed information about the ingredients used in the products.

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Various notable players operating in the market include The Savola Group, Sunbulah Group, Americana Group, Halwani Brothers Co., Ltd., Supreme Foods Processing Company, Al Karamah Dough Production Co. Ltd, McCain Foods Limited, Kraft Heinz Company, Conagra Brands, Inc., Nestle S.A. among others.

Key Market Developments:

• • In 2018, the Savola group acquired 51% stake of Al Kabeer Group, a frozen food player with operations in Saudi Arabia, United Arab Emirates, Kingdom of Bahrain and Sultanate of Oman. The main objective of the acquisition is to expand the investment portfolio and to launch attractive, value-added categories in the food sector.

The Saudi Arabia Ready Meals market has been segmented based on Category, Product, and Distribution Channel. Based on Category, the market is segmented Canned Ready Meals, Frozen Ready Meals, Dried Frozen Meals and Others. Based on Product, the market is segmented Parathas & Tortilla wraps, Biryani, Meat Products, Pizza, Cup Noodles, Prepared Salads, Poultry Products, Sea Foods, Burger and Others. Based on the Distribution Channel, the market is segmented Offline Stores and Online Stores.

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Key questions answered in this research report:

• • At what pace is the Saudi Arabia Ready Meals market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Saudi Arabia Ready Meals market? What will be the impact of drivers and restraints in the future?
  • What are the various application areas of Saudi Arabia Ready Meals market, and how they are poised to grow?
  • 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	2018
Market Forecast Period	2019-2026
Market Revenues Currency	USD Million
Base Year & Forecast Units	Value (USD Million)
Market Segment	By Category, By Product, By Distribution Channel
Regional Coverage	Saudi Arabia
Companies Profiled	The Savola Group, Sunbulah Group, Americana Group, Halwani Brothers Co., Ltd., Supreme Foods Processing Company, Al Karamah Dough Production Co. Ltd, McCain Foods Limited, Kraft Heinz Company, Conagra Brands, Inc., Nestle S.A.
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 Ready Meals Market by Category

• • Canned Ready Meals
  • Frozen Ready Meals
  • Dried Ready Meals
  • Others

Saudi Arabia Ready Meals Market by Product

• • Parathas & Tortilla wraps
  • Biryani
  • Meat Products
  • Pizza
  • Cup Noodles
  • Prepared Salads
  • Poultry Products
  • Sea Foods
  • Burger
  • Others

Saudi Arabia Ready Meals Market by Distribution Channel

• • Retail and Supermarket
  • Online

Saudi Arabia Ready Meals Leading market players (Option 1: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • The Savola Group
  • Sunbulah Group
  • Americana Group
  • Halwani Brothers Co., Ltd.
  • Supreme Foods Processing Company
  • Al Karamah Dough Production Co. Ltd
  • McCain Foods Limited
  • Kraft Heinz Company
  • Conagra Brands, Inc.
  • Nestle S.A.