Saudi Arabia frozen food
market is expected to project robust growth during the forecast period,
registering CAGR of 3.12% through 2027. The market size is projected to reach
USD 7239.20 million by 2027. The retail industry in Saudi Arabia is highly fragmented,
with a wide range of offering channels and participants. The key growth drivers
for Saudi Arabia's frozen food industry are based upon enhanced packaging that
attracts customers, support in preserving and growing tactics of elongating the
product's shelf-life. In addition to better transportation infrastructure, the
international trade of frozen goods has grown in popularity.
Frozen foods are
becoming increasingly popular as people learn new, inventive ways to
incorporate them into their diets and local culinary adventures. For instance,
according to research by the Berlin-based Institute for consumer testing,
vegetables that are frozen as soon as they are harvested have a much higher
vitamin content than those that have been left out on kitchen counters and
store shelves for days.
Lockdown led to a decreased
production of packaged food products which resulted in declined market's growth
rate somewhat. However, due to the long shelf life of frozen food products and
ready meals, the recent COVID-19 pandemic outbreak has also contributed to the
growth in demand for frozen food products. In addition, most working professionals
began working from home, which caused a change in their eating habits. As a
result, consumers' purchasing patterns shifted from buying fresh fruits
and vegetables from
grocery stores to the long shelf lives and simple preparation methods offered
by frozen food products.
Rising Awareness Regarding Advantages of
Frozen Food Supports the Market Growth
Food waste has increased in the Middle
East. About 78% of the food purchased in the Kingdom of Saudi Arabia (KSA) and
the United Arab Emirates (UAE), is not being consumed but been thrown or wasted
in the trash to make room for the new set of groceries in the refrigerators,
according to estimates of the economic impact of food waste in Saudi Arabia
alone. The most significant single component of landfills is leftover food in
the country. However, the government shifted toward promising individual
quick-freezing technology, which ensures that the product remains as fresh and
nutritious as it was at the time of first defrosting, intending to offer the
maintained freshness of fruits, vegetables, meat, and seafood to the consumer’s
kitchen. The Gulf countries are experiencing several developments that are
increasing consumption levels of frozen food across the region.
Expansion of Modern Retail Stores is
Fueling the Market Growth
The demand for packaged and frozen foods
in the region is being driven by the rapid expansion of cold chain distribution
networks for frozen food in supermarkets and hypermarkets. Frozen processed
halal meat and poultry, cold drinks, and flavor-infused milk are becoming
increasingly popular in the Middle Eastern regions. Saudi Arabia is considered to be one of the GCC's most
extensive packaged food and frozen food markets. Therefore, the rising demand
for frozen food among the people of Saudi Arabia is driving the market.
Rising
Cost of Fresh Produced Food is Influencing the Market Growth
Due to a shift toward diets high in
protein and an increase in demand for vegetables as a substitute for
carbohydrates and demand for seafood, has led to an increase in growth toward
exotic fish species such as shrimp and oysters. However, the cost of fresh food
is high because most of the fruits and vegetables are imported to the country,
and due to the increase in import tariff, the market is witnessing higher
pricing for these products. Therefore, owing to the expense of fresh vegetables
and seafood, the country is seeing an increase in demand for frozen food.

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Market Segmentation
The Saudi Arabia Frozen Food market is
segmented based on category, type, distributional channel, region, and competitional
landscape. Based on category, the market is categorized into ready-to-cook,
ready-to-eat, others (raw meat, raw vegetables, raw fruit, etc.). Based on type,
the market is further segmented into frozen poultry, red meat & seafood,
frozen snacks, frozen fruits & vegetables, frozen meals, others (includes
frozen dairy & dessert). Based on distribution channel, the market is also
categorized into supermarkets/hypermarkets,
departmental stores, baqala stores, online, others (specialty stores, direct
sales, institutional sales, etc.). The market analysis also studies the
regional segmentation segmenting the market into Northern
& Central, Western, Eastern, Southern.
Company Profiles
Almunajem Foods Company Saudi Joint
Stock (Doux, Dari, Montana, Asmak), National Food Company (Americana Meat And
Bakery Cluster) (Americana), Savola Group (Al Kabeer), Sunbulah (Food And Fine
Pastries Al Sunbulah Manufacturing Company), Herfy Food Services Company JSC
(Herfy), Other include Siwar Foods (My Family Meal Company For Ready
Meals), Al Karamah Dough Production Co.
Ltd, Al Watania Feed Mill Plant, Al Berri United Food Company Limited, Gulf
West Import Company Limited are among the major market players in the Saudi
Arabia platform that lead the market growth of the Saudi Arabia Frozen Food Market.
Attribute
|
Details
|
Market Size
Value in 2021
|
USD 6070.97 Million
|
Revenue
Forecast in 2027F
|
USD 7239.20 Million
|
Growth Rate
|
3.12%
|
Base Year
|
2021
|
Historical Years
|
2017 – 2020
|
Estimated
Year
|
2022E
|
Forecast
Period
|
2023– 2027
|
Quantitative
Units
|
Revenue in USD Million, and
CAGR for 2017-2021 and 2022-2027F
|
Report Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments Covered
|
·
Category
·
Type
·
Distribution Channel
·
Region
·
Competition
|
Regional Scope
|
Northern &
Central, Western, Eastern, Southern
|
Key Companies
Profiled
|
Almunajem Foods Company Saudi Joint Stock Doux, Dari, Montana, Asmak),
National Food Company (Americana Meat And Bakery Cluster) (Americana), Savola
Group (Al Kabeer), Sunbulah (Food And Fine Pastries Al Sunbulah Manufacturing
Company), Herfy For Food Services Company JSC (Herfy), Other include Siwar Foods
(My Family Meal Company For Ready Meals), Al Karamah Dough Production Co.
Ltd, Al Watania Feed Mill Plant, Al Berri United Food Company Limited, Gulf
West Import Company Limited
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
Pricing and Purchase
Options
|
Avail customized
purchase options to meet your exact research needs. Explore purchase options
|
Delivery
Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request)
|
Report Scope:
In this report, Saudi Arabia Frozen Food
Market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Saudi Arabia Frozen Food Market, By Category:
- Ready-to-Eat
- Ready-to-Cook
- Others
- Saudi Arabia Frozen Food Market, By Type:
- Frozen Poultry, Red Meat &
Seafood
- Frozen Snacks
- Frozen Fruits & Vegetables
- Frozen Meals
- Others
- Saudi Arabia Frozen Food Market, By Distribution Channels:
- Supermarkets/Hypermarkets
- Departmental
Stores
- Baqala
Stores
- Online
- Others
- Saudi Arabia Frozen Food Market, By Region:
o
Northern
& Central
o
Western
o
Eastern
o
Southern
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the Saudi Arabia Frozen Food 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).