Saudi Arabia Halal Food & Beverages Market Growth, Report 2027

Saudi Arabia halal food & beverages market is projected to grow at a CAGR of over 9%, in value terms, during 2022-2027. Increasing demand for packaged halal foods among non-Muslims, strong import and export regulation and policies regarding halal food and beverages and increasing Muslim population in the country would further spur the growth of the halal food & beverages market in the country.

Some of the major players operating in the Saudi Arabia halal food & beverages market are Al Islami Foods, Amana Foods, One Foods Holdings Ltd., Khazan Meat Factory, AL Kabeer Group ME, Albatha, Midamar, Prairie Halal Foods, JM Foods LLC, AL RAWDAH, Nestlé Dubai Manufacturing LLC, Agthia etc.

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Objective of the Study:

· To analyze and forecast market size of the Saudi Arabia halal food & beverages market, in terms of value.

· To define, classify and forecast the Saudi Arabia halal food & beverages market on the basis of product type, distribution channel and region.

· To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of product type segmenting bakery, candy & chocolate, meat products, beverages.

· To identify tailwinds and headwinds for the Saudi Arabia halal food & beverages market.

· To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the Saudi Arabia halal food & beverages market.

· To evaluate competitor pricing, average market selling prices and trends in the Saudi Arabia halal food & beverages market.

· To strategically profile the leading players, which are involved in the supply of dairy.

TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of halal food & beverages manufacturers and suppliers in Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analysed product type, distribution channel and regional of all major halal food & beverages suppliers across the country.

TechSci Research calculated the market size for the halal food & beverages market using a bottom-up approach, where manufacturers’ value sales data for different product types of (bakery, candy & chocolate, meat products, beverages), halal food & beverages was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers and providers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

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Key Target Audience:

Saudi Arabia halal food & beverages manufacturers
Saudi Arabia halal food & beverages suppliers
Research organizations and consulting companies
Associations, organizations, associations and alliances related to halal food & beverages manufacturing
Government bodies such as regulating authorities and policy makers
Industry associations
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as halal food & beverages manufacturers, distributors, dealers and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, Saudi Arabia halal food & beverages market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Saudi Arabia Halal Food & Beverages Market, by Product Type:
- Saudi Arabia Halal Food & Beverages Market
  - Bakery
  - Candy & Chocolate
  - Meat Products
  - Beverages
Saudi Arabia Halal Food & Beverages Market, by Distribution Channel:
- Hypermarkets/Supermarket
- Specialty Stores
- Online Sales Channel
- Other
Saudi Arabia Halal Food & Beverages Market, by Region:
- Central Region
- Western Region
- Eastern Region
- Northern Region
- Southern Region

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players.

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia halal food & beverages market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

Detailed list of distributors and dealers across the country.