Market Forecast By Product Types (Meat/Poultry Products, Cereal Based Products, Vegetables Based Products & Others), By Packaging Types (Sachet, Canned, Boxed, Frozen or Chilled & Others), By Distribution Channels (Hypermarkets/Supermarkets, Conveniences/Departmental Stores, Specialty Stores, Online Stores & Others) and Competitive Landscape
Product Code: ETC002624 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Saudi Arabia Ready-to-Eat Food Market is anticipated to register exponential growth during the forecast period (2020-2026F) due to retail market expansion in the country. The economic recovery led by improving oil prices is expected to revive consumer confidence and improve discretionary spending, thus create ample demand for ready-to-eat food in the Saudi Arabia market. However, the Saudi Arabia market is expected to register a decline in demand for ready-to-eat food products due to pandemic coronavirus, which led to the slowdown of the economy in the country, thus affecting the supply chain of ready-to-eat food products.
According to 6Wresearch, Saudi Arabia Ready-to-Eat Food Market is anticipated to register growth during 2020-2026. By product types, meat/poultry and cereal-based products captured the majority of the market share and are anticipated to lead the market proceeds during the forecast period owing to high demand for the product among the consumers. Further, the growing tourism industry would also contribute towards increasing demand for ready-to-eat food products in Saudi Arabia. Thus, increasing preferences for online shopping among consumers for food items and the time-saving factor would spur the demand for ready-to-eat food products in Saudi Arabia in the coming years.
By packaging types, sachet packaging captured the majority of the share of Saudi Arabia’s packaging market, owing to its easy-opening properties. The manufacturers are extensively offering customized packaging solutions due to the growing demand for value-added services such as safety, durability, and freshness protection, which would create ample demand for sachet packaging in the Saudi Arabia ready-to-eat food market.
The Saudi Arabia Ready-to-Eat Food market report thoroughly covers the market by product types, packaging types, distribution channels, and regions. Saudi Arabia Ready-to-Eat Food market outlook report provides an unbiased and detailed analysis of the on-going Saudi Arabia Ready-to-Eat Food market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Saudi Arabia ready to eat food market is expected to witness explosive growth in the upcoming six years on the back of the rising dual family working along with the rapid increase of women workforce in the country which has led to giving preference to ready to eat food items like smoked fish and salted vegetables, it proved beneficial to cope up with a hectic schedule and busy life where no time left for cooking, as a result, is estimated to elevate ready to eat food consumption in the country in the forthcoming years. Additionally, a rising healthy lifestyle likely to support the growth of packed fruits s estimated to propel significant demand for ready-to-eat food items and would benefit Saudi Arabia ready to eat food market in the forthcoming year.
Key Highlights of the Report:
Markets Covered
The Saudi Arabia Ready-to-Eat Food Market report provides a detailed analysis of the following market segments:
By Product Types
By Packaging Types
By Distribution Channels
Other Key Reports Available:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Saudi Arabia Ready-to-Eat Food Market Overview |
3.1. Saudi Arabia Ready-to-Eat Food Market Revenues, 2016-2026F |
3.2. Saudi Arabia Ready-to-Eat Food Market – Industry Life Cycle |
3.3. Saudi Arabia Ready-to-Eat Food Market – Porter’s Five Forces |
3.4. Saudi Arabia Ready-to-Eat Food Market Revenue Share, By Product Types, 2019 & 2026F |
3.5. Saudi Arabia Ready-to-Eat Food Market Revenue Share, By Packaging Types, 2019 & 2026F |
3.6. Saudi Arabia Ready-to-Eat Food Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.7. Saudi Arabia Ready-to-Eat Food Market Revenue Share, By Regions, 2019 & 2026F |
4. Saudi Arabia Ready-to-Eat Food Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Saudi Arabia Ready-to-Eat Food Market Trends |
6. Saudi Arabia Ready-to-Eat Food Market Overview, By Product Types |
6.1. Saudi Arabia Meat/Poultry Ready-to-Eat Food Market Revenues, 2016-2026F |
6.2. Saudi Arabia Cereal Based Ready-to-Eat Food Market Revenues, 2016-2026F |
6.3. Saudi Arabia Vegetables Based Ready-to-Eat Food Market Revenues, 2016-2026F |
6.4. Saudi Arabia Other Ready-to-Eat Food Market Revenues, 2016-2026F |
7. Saudi Arabia Ready-to-Eat Food Market Overview, By Packaging Types |
7.1. Saudi Arabia Sachet Packaging Ready-to-Eat Food Market Revenues, 2016-2026F |
7.2. Saudi Arabia Boxed Packaging Ready-to-Eat Food Market Revenues, 2016-2026F |
7.3. Saudi Arabia Canned Packaging Ready-to-Eat Food Market Revenues, 2016-2026F |
7.4. Saudi Arabia Frozen or Chilled Packaging Ready-to-Eat Food Market Revenues, 2016-2026F |
7.5. Saudi Arabia Other Packaging Ready-to-Eat Food Market Revenues, 2016-2026F |
8. Saudi Arabia Ready-to-Eat Food Market Overview, By Distribution Channels |
8.1. Saudi Arabia Ready-to-Eat Food Market Revenues, By Convenience/Departmental Stores, 2016-2026F |
8.2. Saudi Arabia Ready-to-Eat Food Market Revenues, By Online Stores, 2016-2026F |
8.3. Saudi Arabia Ready-to-Eat Food Market Revenues, By Specialty Stores, 2016-2026F |
8.4. Saudi Arabia Ready-to-Eat Food Market Revenues, By Hypermarkets/Supermarkets, 2016-2026F |
8.5. Saudi Arabia Ready-to-Eat Food Market Revenues, By Other Distribution Channels, 2016-2026F |
9. Saudi Arabia Ready-to-Eat Food Market Overview, By Regions |
10. Saudi Arabia Ready-to-Eat Food Market Key Performance Indicators |
11. Saudi Arabia Ready-to-Eat Food Market Opportunity Assessment |
11.1. Saudi Arabia Ready-to-Eat Food Market Opportunity Assessment, By Product Types, 2026F |
11.2. Saudi Arabia Ready-to-Eat Food Market Opportunity Assessment, By Packaging Types, 2026F |
11.3. Saudi Arabia Ready-to-Eat Food Market Opportunity Assessment, By Distribution Channels, 2026F |
12. Saudi Arabia Ready-to-Eat Food Market Competitive Landscape |
12.1. Saudi Arabia Ready-to-Eat Food Market Revenue Share, By Company, 2019 |
12.2. Saudi Arabia Ready-to-Eat Food Market Competitive Benchmarking, By Technical Parameters |
13. Company Profiles |
14. Recommendations |
15. Disclaimer |