Saudi Arabia Halal Food & Beverages Market Grow with a CAGR of 7.93% through 2030F
The Saudi Arabia Halal Food & Beverages market is driven by a large Muslim
population, increased consumer awareness, and rising demand for ethically
produced products.
According to
TechSci Research report, “Saudi Arabia Halal Food & Beverages Market –
By Region, Competition, Forecast & Opportunities, 2030F”, the Saudi Arabia Halal Food &
Beverages market stood at USD 18.56 Billion in 2024 and is anticipated to grow
USD 29.34 Billion by 2030 with a CAGR 7.93% during forecast period. The Saudi
Arabia Halal Food & Beverages market is driven by urbanization and shifting
lifestyles. As more people move to urban centers and adopt fast-paced routines,
the demand for convenient, ready-to-eat, and easy-to-prepare halal food
products is rising. This shift is particularly evident among working
professionals and younger consumers who prioritize quick, nutritious, and
trustworthy food options. Urban living also exposes consumers to a broader
range of culinary preferences, increasing demand for diverse halal offerings,
including global cuisines. Also, the rise of dual-income households has fueled
interest in packaged and processed halal foods. Supermarkets, hypermarkets, and
quick-service restaurants are responding by expanding their halal product lines
to cater to this evolving urban consumer base, further propelling market
growth.
The Saudi Arabia
Halal Food & Beverages market is primarily driven by the increased tourism,
particularly religious tourism. As the host of the Islamic holy cities, Makkah
and Madinah, the Kingdom attracts millions of pilgrims annually for Hajj and
Umrah. These visitors necessitate a substantial supply of halal-certified food
and beverage options to meet their dietary requirements. In response, Saudi
Arabia has invested in expanding its halal food infrastructure, ensuring that
hotels, restaurants, and food service providers can cater to the influx of
tourists. This focus not only enhances the pilgrim experience but also bolsters
the domestic halal food industry, contributing to the Kingdom's broader
economic diversification goals.
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"Saudi Arabia Halal Food & Beverages Market”
The Saudi Arabia
Halal Food & Beverages market is segmented into product type, distribution
channel, and region.
Based on the distribution
channel, the online segment is the fastest growing in the Saudi Arabia Halal
Food & Beverages market, propelled by several key factors. The Kingdom's
youthful, tech-savvy population—70% of whom are under 35—exhibits a strong
preference for digital-first shopping experiences, with mobile commerce
accounting for over 90% of e-commerce transactions during peak periods like
Ramadan. This demographic shift, coupled with the convenience of accessing a
diverse range of halal-certified products online, has significantly boosted
online sales. Advanced technologies such as AI-driven personalization and
real-time delivery tracking enhance consumer trust and satisfaction. Also, the
integration of social commerce platforms like WhatsApp, Instagram, and TikTok
has expanded reach and engagement, driving a 30% increase in online sales.
These developments align with Saudi Arabia's Vision 2030 objectives,
emphasizing digital transformation and economic diversification, thereby
reinforcing the robust growth trajectory of the online halal food and beverages
market segment.
Based on the
region, Eastern is the fastest-growing region in the Saudi Arabia Halal Food
& Beverages market, driven by a combination of strategic factors. Anchored
by cities like Dammam, Khobar, and Jubail, the region benefits from a robust
industrial base and significant infrastructure investments. Its strategic
location along the Persian Gulf facilitates trade and export activities,
enhancing the distribution of halal products. The presence of major ports and
the King Fahd International Airport further bolster its logistical
capabilities. Also, the Eastern Region's diverse population and increasing
urbanization contribute to a growing demand for a variety of halal food and
beverage options. Government initiatives aligned with Vision 2030, aimed at
economic diversification and food security, are also fostering growth in this
sector. These combined factors position the Eastern Region as a pivotal player
in the expansion of Saudi Arabia's halal food and beverages market.
Major companies
operating in the Saudi Arabia Halal Food & Beverages market are:
- Al
Islami Foods
- Amana Foods
- Al Kabeer Frozen Foods
- Midamar Corporation
- Prairie Halal Foods
- JM FOODS llc
- Al Rawdah Farms
- Tanmiah Food Company
- ARASCO Food
- Almarai Company
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“The Saudi
Arabia Halal Food & Beverages market is expected to grow in the future owing to
government support and regulation. The Saudi Food and Drug Authority (SFDA),
through its Saudi Halal Center, mandates that all halal certifications for food
products be issued exclusively by recognized bodies, ensuring compliance with
Islamic dietary laws and technical standards. This centralized approach
enhances the credibility and traceability of halal products entering the
Kingdom. Also, the SFDA has expanded the scope of mandatory halal certification
to include a broader range of food categories, such as processed meats,
ready-to-eat meals, and products bearing halal labels, effective from November
2023. These stringent regulations not only safeguard consumer trust but also
position Saudi Arabia as a global leader in halal standards and exports., said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
"Saudi Arabia Halal Food
& Beverages Market By Product Type (Bakery, Candy &
Chocolate, Meat Products, Beverages), By Distribution Channel (Supermarket/Hypermarket,
Specialty Stores, Online, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Saudi
Arabia Halal Food & Beverages market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and opportunities
in the Saudi Arabia Halal Food & Beverages market.
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