Saudi Arabia Vegan Meat Market Grow with a CAGR of 23.08% through 2030F
The Saudi Arabia Vegan Meat market is driven by rising health
awareness, increasing vegetarianism, government support for sustainable food,
and growing demand for ethical, eco-friendly alternatives.
According to
TechSci Research report, “Saudi Arabia Vegan Meat Market – By Region,
Competition, Forecast & Opportunities, 2030F”, the Saudi Arabia Vegan Meat market stood at USD 163.56 Million
in 2024 and is anticipated to grow USD 568.56 Million by 2030 with a CAGR 23.08%
during forecast period. The Saudi Arabia Vegan Meat market is driven by rising
prevalence of lifestyle diseases such as obesity, diabetes, and cardiovascular
conditions in Saudi Arabia. As these health issues become more widespread,
consumers are increasingly seeking healthier dietary alternatives to manage and
prevent such diseases. Plant-based diets, including vegan meat products, offer
lower levels of saturated fats and cholesterol compared to traditional meat,
making them an attractive option for health-conscious individuals. This shift
towards plant-based eating is supported by growing awareness campaigns and
nutritional education promoting the benefits of reducing meat consumption.
Consequently, the increasing incidence of lifestyle-related health problems is
encouraging a substantial portion of the Saudi population to adopt vegan meat
alternatives, thus fueling market growth and driving demand for innovative,
nutritious plant-based products.
The Saudi Arabia
Vegan Meat market is primarily driven by innovation in plant-based food
technology. Advancements in processing techniques, such as high-moisture
extrusion cooking (HMEC), have enabled the production of plant-based proteins
with fibrous, meat-like textures, enhancing the sensory experience of
plant-based meats. Also, fermentation technologies are being employed to
improve the flavor profiles of plant-based products, introducing savory and
umami notes that closely mimic traditional meats. Companies like IFFCO's
THRYVE™ are leveraging these innovations to create products that not only meet
the nutritional needs of consumers but also align with local culinary
traditions, offering Middle Eastern-inspired flavors in plant-based formats.
These technological advances are crucial in meeting the growing consumer demand
for plant-based alternatives that do not compromise on taste or texture.
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"Saudi Arabia Vegan Meat Market”
The Saudi Arabia
Vegan Meat market is segmented into type, type of sales, and region.
Based on the type,
the tempeh segment is the fastest growing in the Saudi Arabia Vegan Meat market,
driven by several key factors. Tempeh, a traditional Indonesian fermented soy
product, offers a dense, nutty texture and is rich in protein, fiber, and
essential micronutrients. Its fermentation process not only enhances
digestibility but also introduces beneficial probiotics, appealing to
health-conscious consumers seeking nutritious alternatives. Also, tempeh's
versatility in various culinary applications, from tacos to kebabs, aligns well
with local and regional flavor profiles, facilitating its integration into
Middle Eastern cuisines. As awareness of plant-based diets grows and consumers
increasingly prioritize functional foods, tempeh's nutritional benefits and
adaptability position it as a preferred choice, accelerating its adoption in
Saudi Arabia's evolving vegan meat sector.
Based on the
region, Eastern is the fastest-growing region in the Saudi Arabia Vegan Meat
market, driven by rapid urbanization and increasing affluence, which have
raised consumer demand for diverse and healthier food options. Rising health
awareness, particularly about obesity and diabetes, has encouraged more people
to explore plant-based alternatives. Also, cultural acceptance of vegan diets
is expanding, influenced by global sustainability trends and lifestyle changes.
The region’s retail sector is also rapidly developing, with major supermarkets
and hypermarkets broadening their plant-based product selections, making vegan
meat more accessible. Government initiatives under Saudi Vision 2030 further
support sustainable food consumption, collectively fueling the strong growth of
the vegan meat market in the Eastern region.
Major companies
operating in the Saudi Arabia Vegan Meat market are:
- AlSafi
Danone
- Beyond Meat Inc.
- Flora Food Group
- Saudia Dairy and Foodstuff Company (SADAFCO)
- Rude Health
- Blue Diamond Growers
- Koita FZE
- VFC Foods Ltd
- Al Islami Foods
- Gooddot
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“The Saudi
Arabia Vegan Meat market is expected to grow in the future owing to
the urbanization and rising
affluence in Saudi Arabia, as increasingly urban and wealthy populations seek
diverse and premium food options. Rapid city growth has led to greater exposure
to global dietary trends, including plant-based eating, while higher disposable
incomes enable consumers to explore specialty products like vegan meat.
Alongside this, there is a growing consumer interest in ethical and
cruelty-free foods, driven by heightened awareness of animal welfare and
environmental sustainability. This shift in values is encouraging more people
to adopt plant-based diets as a way to reduce their ecological footprint and
support humane food production. Together, urbanization, affluence, and ethical
considerations are fueling demand for vegan meat products across Saudi Arabia’s
expanding food market, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
"Saudi Arabia Vegan Meat
Market By Type (Tofu, Tempeh, Textured Vegetable Protein, Others),
By Type of Sales (Institutional Sales, Retail Sales), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Saudi
Arabia Vegan Meat 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
Vegan Meat market.
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