Product Code: ETC045439 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Sugar market currently, in 2023, has witnessed an HHI of 990, Which has increased slightly as compared to the HHI of 810 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Saudi Arabia sugar market is expected to witness a positive growth over the forecast period (2025-2031). Sugar has been an important food item in Saudi Arabia since ancient times. The demand for sugar in the country is increasing due to population growth, rising incomes, and changing dietary habits. Moreover, with increasing urbanization, there has been a shift from traditional sweets to packaged and branded items such as chocolate bars and candies that require higher use of sugar. This trend has further driven the demand for sugar in Saudi Arabia.
Some of the key drivers fueling the growth of this market are growing disposable income levels among people leading them towards convenience foods which requires high amount of sugars; increased health consciousness among consumers inclining them towards natural sweeteners; introduction of innovative products available on e-commerce platforms; increase in government initiatives promoting production & consumption of domestically produced sugars etc.
However, there are certain factors restraining the market??s potential such as rapid decline in prices due to competition between different suppliers coupled with risk associated with volatile weather conditions causing decrease or fluctuations in crop yields etc.
The outbreak has impacted significantly on all sectors including food & beverage sector resulting into reduced demand & supply gap especially for non essential items like sugars across various countries including Saudi Arabia . Moreover , travel restrictions imposed by various Governments have resulted into disruption along entire value chain leading end users unable procure these products from vendors . However , Government initiatives providing financial support enabling domestic production being one factor supporting further development.
Some major companies operating within this industry are Cargill Inc., S?dzucker AG , Tereos Syral , Al Khaleej Sugar Co Ltd., Awal Gulf Manufacturing Co., Bateel International LLC., White Crystal Group FZC etc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Sugar Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Sugar Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Sugar Market - Industry Life Cycle |
3.4 Saudi Arabia Sugar Market - Porter's Five Forces |
3.5 Saudi Arabia Sugar Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Sugar Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Saudi Arabia Sugar Market Revenues & Volume Share, By End -Users, 2021 & 2031F |
3.8 Saudi Arabia Sugar Market Revenues & Volume Share, By Sources, 2021 & 2031F |
4 Saudi Arabia Sugar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Sugar Market Trends |
6 Saudi Arabia Sugar Market, By Types |
6.1 Saudi Arabia Sugar Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Sugar Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Sugar Market Revenues & Volume, By White Sugar, 2021-2031F |
6.1.4 Saudi Arabia Sugar Market Revenues & Volume, By Brown Sugar, 2021-2031F |
6.1.5 Saudi Arabia Sugar Market Revenues & Volume, By Liquid Sugar, 2021-2031F |
6.2 Saudi Arabia Sugar Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Sugar Market Revenues & Volume, By Granulated Sugar, 2021-2031F |
6.2.3 Saudi Arabia Sugar Market Revenues & Volume, By Powdered Sugar, 2021-2031F |
6.2.4 Saudi Arabia Sugar Market Revenues & Volume, By Syrup Sugar, 2021-2031F |
6.3 Saudi Arabia Sugar Market, By End -Users |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Sugar Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.3.3 Saudi Arabia Sugar Market Revenues & Volume, By Pharma and Personal Care, 2021-2031F |
6.3.4 Saudi Arabia Sugar Market Revenues & Volume, By Household, 2021-2031F |
6.4 Saudi Arabia Sugar Market, By Sources |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Sugar Market Revenues & Volume, By Sugarcane, 2021-2031F |
6.4.3 Saudi Arabia Sugar Market Revenues & Volume, By Sugarbeet, 2021-2031F |
7 Saudi Arabia Sugar Market Import-Export Trade Statistics |
7.1 Saudi Arabia Sugar Market Export to Major Countries |
7.2 Saudi Arabia Sugar Market Imports from Major Countries |
8 Saudi Arabia Sugar Market Key Performance Indicators |
9 Saudi Arabia Sugar Market - Opportunity Assessment |
9.1 Saudi Arabia Sugar Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Sugar Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Saudi Arabia Sugar Market Opportunity Assessment, By End -Users, 2021 & 2031F |
9.4 Saudi Arabia Sugar Market Opportunity Assessment, By Sources, 2021 & 2031F |
10 Saudi Arabia Sugar Market - Competitive Landscape |
10.1 Saudi Arabia Sugar Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Sugar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |