Saudi Arabia non-alcoholic drinks market
is projected to show robust growth with an impressive CAGR in the forecast
years, 2024-2028. The market growth attributes to rapidly increasing the
variety of non-alcoholic drinks that are flooding the market in recent years.
Moreover, the demand from the population young enough to not consume the
alcoholic drinks and to enjoy the essence of the drinks though avoiding the
harmful effects of the alcoholic drinks is driving the growth of the market in
the next five years. Also, the number of health-conscious consumers is rapidly
increasing. The rising awareness about the harmful side-effects of alcoholic
drinks and the prolonged consumption of the same causing severe health issues
like obesity, liver failure, and kidney failure is supporting the growth of
Saudi Arabia non-alcoholic drinks in the upcoming five years. Furthermore, the
country has a large population that is driven by its religious beliefs. With
the religious beliefs banning the consumption of alcoholic drinks and shunning
anyone consuming the same has stabilized the non-alcoholic drinks market a lot
and is anticipated to further aid the growth of the market in the country
within the forecast years until 2028.
Non-alcoholic drinks include a wide
range of products; Water, juices, sodas, carbonated drinks, along with similar
kinds of products. The market comprises of the products and their surging
demand in the subsequent years. The Saudi Arabia non-alcoholic drinks market is
segmented on the basis of product type, packaging, distribution channel,
competitional landscape, and regional distribution. Based on product type, the
market is further segmented into bottled water, fruit juices & flavored
drinks, carbonated soft drinks, functional/energy & sports drinks, and
others. Bottled water is anticipated to hold the largest revenue shares of the
market and assert its dominance over the growing segments on account of a surge
in demand. As one of the GCC countries, the country suffers immensely from the
availability of natural water. Bottled water is one of the most demanded
commodities by citizens of the country. Also, the flourishing tourism industry
is also aiding the demand for bottled water in the country, thereby supporting
the growth of the market segment in the consecutive five years from 2023. Fruit
juices & flavored drinks are anticipated to hold significant shares of the
market on account of the rising number of health-conscious consumers and
surging demand from the young population. Sports professional and athletic
consumers are influencing the demand for energy drinks & sports drinks,
thereby aiding the growth of the Saudi Arabia non-alcoholic drinks market in
the next five years.
A partial list of market players in the
Saudi Arabia non-alcoholic drinks market includes Nestle water factory co ltd,
Saudi snack food co. Ltd, Al AUJAN holding company, AQUAT food industries co.
Ltd, Middle East & North Africa beverages manufacturing co, Gulf union food
company, DANYA foods ltd company, Tania water factory, Hana food industries
company, Arrow beverage factory, National factory for foodstuff production AL
WAHA, ABULJADAYEL beverages inc. (ab), Saudi Arabia, Al AMOUDI beverage
industries company, BERAIN water & beverages factory, International
refreshments co. Ltd. (IRC), Saudi Arabia, among others. These market players
hold larger shares of the market than the new market players. Rapidly evolving
trends and advancing techniques of manufacturing various kinds of soft drinks,
sodas, and other non-alcoholic drinks are also aiding the growth of the market
in the upcoming years. New market players may focus on the research and
development to provide products that satisfy the consumer demand as well as
benefits the market players in building their brand value. Other competitive
strategies include mergers & acquisitions and new product developments.
Objective
of the Study:
- To
analyze the historical growth of the
market size of Saudi Arabia non-alcoholic drinks market from 2018 to 2021.
- To
estimate and forecast the market size of Saudi Arabia non-alcoholic drinks
market from 2022 to 2028 and growth rate until 2028.
- To classify and
forecast Saudi Arabia non-alcoholic drinks market based on product type,
packaging, distribution channel, competitional landscape, and regional
distribution.
- To identify dominant region or segment in the Saudi Arabia non-alcoholic
drinks market.
- To
identify drivers and challenges for Saudi Arabia non-alcoholic drinks market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Saudi Arabia non-alcoholic drinks market.
- To identify and analyze the profile
of leading players operating in Saudi Arabia non-alcoholic drinks market.
- To identify key sustainable strategies adopted by market players in
Saudi Arabia non-alcoholic drinks market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers, suppliers, and service providers across the country.
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 could include
the manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufactures, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market size of Saudi Arabia non-alcoholic drinks market using a bottom-up approach,
wherein data for various end-user segments was recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key
Target Audience:
- Non-alcoholic drinks manufacturers, end users, and other
stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to non-alcoholic
drinks
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2022
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Historical Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F
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Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments covered
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·
Product Type
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Packaging
·
Distribution Channel
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Regional scope
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Western
Region, Northern and Central Region, Eastern Region, Southern Region
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Key companies profiled
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Nestle water factory co ltd, Saudi snack food co. ltd, Al
AUJAN holding company, AQUAT food industries co. Ltd, Middle East & North
Africa beverages manufacturing co, Gulf union food company, DANYA foods ltd
company, Tania water factory, Hana food industries company, Arrow beverage
factory, National factory for foodstuff production AL WAHA, ABULJADAYEL
beverages inc. (ab), Saudi Arabia, Al AMOUDI beverage industries company,
BERAIN water & beverages factory, International refreshments co. Ltd.
(IRC), Saudi Arabia.
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Customization scope
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10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
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Report Scope:
In this report, Saudi Arabia non-alcoholic drinks market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Saudi Arabia Non-Alcoholic Drinks Market,
By Product Type:
o Bottled Water
o Fruit Juices & Flavored Drinks
- Carbonated Soft drinks
- Functional/Energy & Sports Drinks
- Others
- Saudi Arabia Non-Alcoholic Drinks
Market, By Packaging:
- Bottles
- Cans
- Cartons
- Others
- Saudi Arabia Non-alcoholic drinks
Market, By Distribution Channel:
- Convenience Stores
- Supermarkets/Hypermarkets
- Online
- Departmental Store
- Others
- Institutional Sales
- KIOSK
- Saudi Arabia Non-alcoholic drinks
Market, By Region:
- Western
- Eastern
- Northern & Central
- Southern
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia non-alcoholic drinks market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following customization
options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]