Saudi Arabia Dairy Market Research Report Forecast to 2025
Saudi Arabia Dairy Market is expected to undergo formidable growth during the forecast period owing to flourishing dairy industry and increasing consumption of milk and dairy products Further, rising awareness towards benefits of milk and related products and growing trend of fitness is anticipated to drive the market growth by 2025.
Regulations regarding halal beverages and increasing popularity of packaged dairy products is fuelling the dairy market growth in Saudi Arabia. The market is witnessing entry of several international companies as the country relies heavily on imports for its dairy requirements.
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Saudi Arabia Dairy Market
Saudi Arabia dairy market is categorized based on type, distribution channel and region. Based on type, the market is segmented into drinking milk, butter, cheese, yoghurt and others. The drinking milk segment held the largest market share and is expected to dominate the market by 2025 owing to the growing number of health-conscious population who are aware about the benefits of milk consumption.
Based on distribution channel, Saudi Arabia dairy market is categorized based on supermarket/hypermarket, grocery retail, discount store, online and others. The supermarket and hypermarket dominated the dairy market in the country as top dairy manufacturers are selling their products in these stores. Also, with the government’s effort to increase dairy productivity, there are variety of dairy products available in supermarkets and hypermarkets when compared to other stores.
Some of the major players operating in the Saudi Arabia dairy market are Al Safi Danone Ltd, Nada Dairy, Nadec, Saudia Dairy and Foodstuff Company (Sadfco) , Ornua, Danya Foods Ltd, Al Amoudi Group, Almarai, Freisland, Pinar Dairy Food Co and Friesland Arabia Ltd, among others.
Browse our full report with Table of Content : http://www.marketreportsonsaudiarabia.com/marketreports/saudi-arabia-dairy-market-by-type-drinking-milk-butter-cheese-yoghurt-others-by-distribution-channel-supermarke/2088981
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Last Update : Jun 17, 2020 5:12 AM
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