Saudi Arabia Meat Substitutes Market Grow with a CAGR of 5.17% through 2030F
The Saudi Arabia Meat Substitutes market is driven by rising health
awareness, ethical concerns over animal farming, environmental impact, and
increased availability through e-commerce platforms.
According to
TechSci Research report, “Saudi Arabia Meat Substitutes Market – By Region,
Competition, Forecast & Opportunities, 2030F”, the Saudi Arabia Meat Substitutes market stood at USD 124.56
Million in 2024 and is anticipated to grow USD 168.56 Million by 2030 with a
CAGR 5.17% during forecast period. The Saudi Arabia Meat Substitutes market is
driven by culinary innovation. As consumer preferences shift toward plant-based
diets, food manufacturers are developing new and diverse plant-based
alternatives that cater to local tastes and traditional Saudi cuisine.
Innovations in flavor, texture, and cooking methods are making plant-based
meats more appealing and accessible to a wider audience. For instance, companies
are creating plant-based versions of popular Middle Eastern dishes, such as
kebabs, shawarma, and burgers, which are often made with traditional meat.
These culinary innovations not only provide consumers with satisfying
alternatives but also ensure that plant-based products align with the cultural
preferences of Saudi Arabia, further driving adoption and market growth.
The Saudi Arabia
Meat Substitutes market is primarily driven by rising vegan and vegetarian
populations in Saudi Arabia. As health and environmental concerns become more
prevalent, an increasing number of consumers, particularly younger generations,
are adopting plant-based diets. This shift is influenced by a growing awareness
of the health risks associated with excessive meat consumption, such as heart
disease and obesity. Also, the ethical considerations regarding animal welfare
and the environmental impact of livestock farming are encouraging many to
explore plant-based alternatives. With a more health-conscious and environmentally
aware population, the demand for meat substitutes is expected to continue
rising, fueling market growth. This trend is also supported by an increasing
variety of plant-based products designed to cater to local tastes and dietary
preferences.
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"Saudi Arabia Meat Substitutes Market”
Saudi Arabia
Meat Substitutes market is segmented into type, source, category, and region.
Based on the type,
the tofu segment is the fastest growing in the Saudi Arabia Meat Substitutes market,
due to its versatility in Middle Eastern cuisine, where it is used in dishes
like kebabs, stews, and sandwiches. Its ability to absorb flavors and mimic the
texture of meat makes it an appealing choice for consumers seeking plant-based
alternatives. Also, tofu is a rich source of protein, calcium, and iron,
aligning with the growing health consciousness among Saudi consumers. The rise
in vegetarian and vegan populations, coupled with greater availability in
supermarkets and restaurants, has further fueled tofu's adoption. This trend is
supported by government initiatives promoting healthier diets and sustainable
food choices, positioning tofu as a central component in the Kingdom's evolving
food landscape.
Based on the
region, Eastern is the fastest-growing region in the Saudi Arabia Meat
Substitutes market, primarily due to shifting consumer preferences towards
healthier and plant-based alternatives. Rising awareness of the health risks
associated with excessive meat consumption, such as heart disease and obesity,
has fueled demand for meat substitutes. Also, the region's young,
health-conscious population is increasingly seeking sustainable and ethical
food choices. Increased availability of plant-based products in supermarkets,
alongside local innovations in meat substitute production, further contributes
to this growth. Also, the government's initiatives to diversify the food industry
and promote healthier lifestyles align with the growing trend towards meat
alternatives in the Eastern region. This combination of factors positions
Eastern Saudi Arabia as a key growth hub for the meat substitutes market.
Major companies
operating in the Saudi Arabia Meat Substitutes market are:
- Vbites
- Sonic Biochem
- MGP Processing, Inc
- Beyond Meat Inc.
- Amy's Kitchen, Inc.
- Quorn Foods
- Archer Daniels Midland Company
- Gooddot
- Imagine Meats
- Livekindly Company, Inc
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“The Saudi
Arabia Meat Substitutes market is expected to grow in the future owing to
the presence of key global and
local players across the regions. Major international brands, such as Beyond
Meat and Impossible Foods, have entered the market, bringing innovation and
increased product availability. At the same time, local companies are emerging,
tailoring their offerings to meet the cultural and dietary preferences of the
Saudi population. The expanding distribution networks, including retail chains
and online platforms, further support market penetration. These key players are
investing in marketing, product diversification, and strategic partnerships to
build consumer trust and raise awareness about the benefits of meat
substitutes. Their presence across regions, coupled with evolving consumer
demands, is accelerating the market's growth in Saudi Arabia", said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
"Saudi Arabia Meat
Substitutes Market By Type (Soy Products, Quorn, Tempeh, Tofu,
Seitan, Others), By Source (Soy, Wheat, Mycoprotein, Others), By Category (Frozen,
Refrigerated, Shelf-Stable), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Saudi Arabia
Meat Substitutes 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
Meat Substitutes market.
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