Saudi Arabia Yogurt Market to Grow at a CAGR of over 6.47% in the Next Five Years
Saudi Arabia Yogurt Market is expected to be driven by the enhanced varieties
offered by the FMCG giants and increasing consumers preference for various
yogurt flavors.
According to TechSci
Research report, “Saudi
Arabia Yogurt Market, By Type (Non-Flavored Flavored), By Fat Content
(Regular, Low Fat, Fat-Free), By Form (Conventional Yogurt, Set Yogurt, Greek
Yogurt, Frozen Yogurt, Yogurt Drinks and Others), By Packaging (Pouches,
Plastic Bottles, Tetra Packs
and Others),
By Distribution Channel (Convenience Stores, Independent Small Grocers, Supermarket/Hypermarket,
Online Channel), By Region, Competition, Forecast & Opportunities, 2026”, Saudi Arabia Yogurt Market is expected
to grow at a CAGR of 6.47% during the forecast period owing to the growing
population of health-conscious consumers who are trying to switch to yogurt as
a healthy alternative over sugary and processed drinks in their regular diet.
Moreover, the innovations in yogurt-based products such as frozen yogurt,
flavored or fruit yogurt coupled with the introduction of low-fat Greek yogurt
is anticipated to drive the growth of the market in the coming years. Factors
such as high disposable income and improvement in living standards are also
contributing to increasing demand for dairy products. Additionally, yogurt and yogurt-based products have
seen a huge acceptance among women due to health-benefits associated with
yogurt consumption which is likely to serve as a driver for the Saudi Arabia
market during the forecast year. Furthermore, growing dairy industry and
increasing entry of international yogurt brands in Saudi Arabia is also
anticipated to fuel the growth of the yogurt market in the next five years.
Browse 26 Figures spread through 70 Pages
and an in-depth TOC on "Saudi
Arabia Yogurt Market”.
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Saudi Arabia Yogurt Market is segmented based on
type, fat content, form, packaging, distribution channel and region. Based on
form, the market is segmented into conventional yogurt, Greek yogurt, set
yogurt, frozen yogurt, yogurt drinks and others. The conventional yogurt segment
held the largest market share and is expected to further lead the market during
the forecast period as it is used in traditional savoury dishes of Saudi Arabia
like labneh. Furthermore, conventional yogurt will hold the largest market
share in the Saudi Arabia’s yogurt market during the forecast period, due to
its easy availability, and conventional taste.
Based on the distribution channel, Saudi Arabia
Yogurt Market is segmented into convenience stores, independent small grocers, supermarket/hypermarket
and online. Among them, the Supermarket/Hypermarket segment is anticipated to
hold the largest market share during the forecast period due to easy
availability, huge variety and a well-manged
supply chain with the other partners.
Furthermore, based on the fat
content, yogurt market in Saudi Arabia is segmented into three segments
including regular, low fat, fat-free yogurt. In the base year, 2020 regular
type yogurt held the largest market share of around 62.42%, due to the taste
adaptability of the Saudi Arabian consumers for regular type of yogurt and its
use in most of the Saudi cuisines. However, low fat and fat-free yogurt are
increasing with the very high CAGR in the forecast period, due to the
increasing adoption of these yogurt and widening preferences of young consumers
for low fat and fat-free yogurt, due to lifestyle changes and increasing
awareness and benefits of consuming low fat and fat-free yogurt.
Major players operating in the Saudi Arabia Yogurt
Market are Almarai Company JSC, Saudi Dairy & Foodstuff Co, National
Agriculture Development Company (NADEC), Al Safi Danone LLC, Halwani Brothers
Co, United National Dairy Co, Nada Dairy, Najran Dairy Co. Ltd, Arla Foods
Middle East and Africa FZE and Marmum
Dairy Farm LLC, among others. Leading companies are expanding their business by
launching innovative products with different flavors to attract the consumers
in Saudi Arabia.
Based on the type, Saudi Arabian
yogurt market is segmented into flavored and non-flavored yogurt types. In the
base year, 2020 non-flavored type yogurt captured the largest market share in
the Saudi Arabia Yogurt Market with approximate 53.57% market
share, due to higher preference for natural taste by the Saudi Arabian
consumers. Also, the flavored segment is the fastest-growing segment due to the
widening consumer demands for varieties of flavors and increased product offerings
by the domestic and global players especially due to increasing influence from
the western market such as Europe and the United States.
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“Saudi
Arabia Yogurt Market is an expanding market and have opened many opportunities
for the upcoming companies. It is becoming an attractive market for the foreign
companies, mainly international FMCG players, which are enhancing their
distribution and supply chain in the Saudi Arabia to capture the maximum market
share in Saudi Arabian market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Saudi Arabia Yogurt Market By Type (Non-Flavored, Flavored),
By Fat Content (Regular, Low Fat, Fat-Free), By Form (Conventional Yogurt, Set
Yogurt, Greek Yogurt, Frozen Yogurt, Yogurt Drinks and Others), By Packaging
(Pouches, Plastic Bottles, Tetra Packs
and
Others, By Distribution Channel (Convenience Stores, Independent Small Grocers,
Supermarket/Hypermarket, Online Channel), By Region, Competition, Forecast
& Opportunities, 2026” has
evaluated the future growth potential of Saudi Arabia Yogurt Market and provides statistics and information on
market structure, size, share and future growth. The report is intended to
provide cutting-edge market intelligence and help decision makers to take sound
investment decision. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities
present in Saudi Arabia Yogurt Market.
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