Saudi Arabia Ready-to-Eat Food Market (2024-2030) | Outlook, Trends, Value, Companies, Growth, Industry, Analysis, Forecast, Size, Share & Revenue

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 MarketHighlights

Report Name Saudi Arabia Ready-to-Eat Food Market
Forecast period 2024-2030
CAGR 7%
Growing Sector Food

Topics Covered in the Saudi Arabia Ready-To-Eat Food Market Report

The Saudi Arabia Ready-To-Eat Food Market report thoroughly covers the market by product types, by packaging types and by distribution channels. The market report provides an unbiased and detailed analysis of the ongoing 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 Synopsis

The Saudi Arabia Ready-To-Eat Food Market is dynamic and expanding and is predicted to attain rapid growth in the coming years is attributed to factors such as changing consumer preferences and a growing demand for convenience foods.

According to 6Wresearch, the Saudi Arabia Ready-To-Eat Food Market size is expected to grow at a significant CAGR of 7% during the forecast period 2024-2030. This growth is fueled by factors such as the growing trend of convenience and busy lifestyles, increasing disposable income of consumers, availability of a wide variety of products and flavours, and improving packaging options. Ready-to-eat food refers to pre-packaged meals that require little or no preparation before consumption. The demand for these foods have also increased due to their ease of use, longer shelf life, and various options available. The busy lifestyle of working professionals and the rise in dual-income households have led to a higher demand for quick and easy meal options, driving the growth of the ready-to-eat food market.  The influence of western culture and fast-food chains has also played a significant role in the growth of the RTE food market in Saudi Arabia.

Despite the benefits of Ready-To-Eat Food, there are some challenges in the Ready-To-Eat Food market. The primary challenge is the perception that these products may not be as healthy or fresh as home-cooked meals. This has led to some consumers being hesitant to try out these products. Another challenge is maintaining the quality and freshness of these prepackaged meals. As consumers become more health-conscious, they are demanding cleaner and healthier options, which can be a challenge for RTE food manufacturers.

Saudi Arabia Ready-To-Eat Food Industry: Leading Players

Some of the key players operating in the Saudi Arabia Ready-To-Eat Food Market include Nestle, Almarai, Savola Group, Americana Group, and Mars Inc. These companies are constantly investing in research and development activities to introduce new and innovative ready-to-eat food products in the market. Currently, Nestle holds the largest share in the Saudi Arabia Ready-To-Eat Food Market.

Saudi Arabia Ready-To-Eat Food Market: Government Regulations

The government of Saudi Arabia has implemented strict regulations to ensure food safety and quality standards for all food products, including ready-to-eat meals. The Saudi Food and Drug Authority (SFDA) is the regulatory body responsible for ensuring food safety and quality in the country. RTE food manufacturers are required to comply with strict regulations and standards set by the SFDA to ensure the safety of consumers. The SFDA regularly inspects and audits RTE food manufacturing facilities to ensure compliance.

Future Insights of the Market

The Saudi Arabia Ready-To-Eat Food Market has been experiencing significant growth over the past few years. The future of the market depends on several factors. The growth in the market will be driven by busy lifestyles, rising disposable income, and urbanization. The growing population and an increase in the number of working individuals will lead to a continued demand for convenient meal solutions. Moreover, with advancements in technology and a focus on developing healthier options, the market is expected to witness an influx of new products catering to specific dietary needs. With a growing demand for organic and natural RTE food options, there is also an opportunity for manufacturers to tap into this niche market.

Market Segmentation by Product Types

According to Dhaval, Research Manager, 6Wresearch, the meat/poultry products segment is expected to hold the dominant share in the Saudi Arabia ready-to-eat food market during the forecast period due to the increasing non-vegetarian population and demand for such meals.

Market Segmentation by Packaging Types

The frozen or chilled segment is expected to hold the dominant share in the Saudi Arabia ready-to-eat food market. This can be attributed to the long shelf life and convenience offered by frozen or chilled food products.

Market Segmentation by Distribution Channels

The online stores segment is expected to hold the dominant share in the Saudi Arabia ready-to-eat food market. This can be attributed to the increasing penetration of the internet and the growing trend of online shopping among consumers.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Saudi Arabia Ready-to-Eat Food Market Overview
  • Saudi Arabia Ready-to-Eat Food Market Outlook
  • Saudi Arabia Ready-to-Eat Food Market Forecast
  • Historical Data of Saudi Arabia Ready-to-Eat Food Market Revenues for the Period 2020-2030
  • Saudi Arabia Ready-to-Eat Food Market Size & Ready-to-Eat Food Market Forecast of Revenues, Until 2030
  • Historical Data of Saudi Arabia Ready-to-Eat Food Market Revenues, By Product Types, for the Period 2020-2030
  • Market Size & Forecast of Saudi Arabia Ready-to-Eat Food Market Revenues, By Product Types, Until 2030
  • Historical Data of Saudi Arabia Ready-to-Eat Food Market Revenues, By Packaging Types, for the Period 2020-2030
  • Market Size & Forecast of Saudi Arabia Ready-to-Eat Food Market Revenues, By Packaging Types, Until 2030
  • Historical Data of Saudi Arabia Ready-to-Eat Food Market Revenues, By Distribution Channels, for the Period 2020-2030
  • Market Size & Forecast of Saudi Arabia Ready-to-Eat Food Market Revenues, By Distribution Channels, Until 2030
  • Market Drivers and Restraints
  • Saudi Arabia Ready-to-Eat Food Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis and Market Opportunity Assessment
  • Saudi Arabia Ready-to-Eat Food Market Share, By Players
  • Saudi Arabia Ready-to-Eat Food Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Types

  • Meat/Poultry Products
  • Cereal Based Products
  • Vegetable Based Products
  • Others

By Packaging Types

  • Sachet
  • Canned
  • Boxed
  • Frozen Or Chilled
  • Others

By Distribution Channels

  • Hypermarkets/Supermarkets
  • Conveniences/Department Stores
  • Specialty Stores
  • Online Stores
  • Others
Saudi Arabia Ready-to-Eat Food Market (2024-2030): FAQs
The growth in the market is driven by the increasing number of working professionals, busy schedules and rising disposable income.
Some of the major challenges facing the market are perceptions that these products may not be as healthy or fresh as home-cooked meals.
The online store segment is expected to hold the dominant share in the market.
Key players in the market include Nestle, Almarai, Savola Group, Americana Group, and Mars Inc.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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, 2020-2030F
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, 2020 & 2030F
3.5. Saudi Arabia Ready-to-Eat Food Market Revenue Share, By Packaging Types, 2020 & 2030F
3.6. Saudi Arabia Ready-to-Eat Food Market Revenue Share, By Distribution Channels, 2020 & 2030F
3.7. Saudi Arabia Ready-to-Eat Food Market Revenue Share, By Regions, 2020 & 2030F
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, 2020-2030F
6.2. Saudi Arabia Cereal Based Ready-to-Eat Food Market Revenues, 2020-2030F
6.3. Saudi Arabia Vegetables Based Ready-to-Eat Food Market Revenues, 2020-2030F
6.4. Saudi Arabia Other Ready-to-Eat Food Market Revenues, 2020-2030F
7. Saudi Arabia Ready-to-Eat Food Market Overview, By Packaging Types
7.1. Saudi Arabia Sachet Packaging Ready-to-Eat Food Market Revenues, 2020-2030F
7.2. Saudi Arabia Boxed Packaging Ready-to-Eat Food Market Revenues, 2020-2030F
7.3. Saudi Arabia Canned Packaging Ready-to-Eat Food Market Revenues, 2020-2030F
7.4. Saudi Arabia Frozen or Chilled Packaging Ready-to-Eat Food Market Revenues, 2020-2030F
7.5. Saudi Arabia Other Packaging Ready-to-Eat Food Market Revenues, 2020-2030F
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, 2020-2030F
8.2. Saudi Arabia Ready-to-Eat Food Market Revenues, By Online Stores, 2020-2030F
8.3. Saudi Arabia Ready-to-Eat Food Market Revenues, By Specialty Stores, 2020-2030F
8.4. Saudi Arabia Ready-to-Eat Food Market Revenues, By Hypermarkets/Supermarkets, 2020-2030F
8.5. Saudi Arabia Ready-to-Eat Food Market Revenues, By Other Distribution Channels, 2020-2030F
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, 2030F
11.2. Saudi Arabia Ready-to-Eat Food Market Opportunity Assessment, By Packaging Types, 2030F
11.3. Saudi Arabia Ready-to-Eat Food Market Opportunity Assessment, By Distribution Channels, 2030F
12. Saudi Arabia Ready-to-Eat Food Market Competitive Landscape
12.1. Saudi Arabia Ready-to-Eat Food Market Revenue Share, By Company, 2023
12.2. Saudi Arabia Ready-to-Eat Food Market Competitive Benchmarking, By Technical Parameters
13. Company Profiles
14. Recommendations
15. Disclaimer
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All