Saudi Arabia Ready-to-Cook Food Market Projections: Size and Share Trends from 2023-28

The Saudi Arabia Ready-to-Cook Food market is projected to grow at a CAGR of around 5.83% during the forecast period, i.e., 2023-28

Saudi Arabia Ready-to-Cook Food Market Overview and Insights:

According to MarkNtel Advisors Report, Saudi Arabia Ready-to-Cook Food Market projected to grow at a CAGR of around 5.83% during the forecast period, i.e., 2023-28.

Saudi Arabia Ready-to-Cook Food Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Time Period Captured in the Report:

Historical Years: 2018-21

Base Years: 2022

Forecast Years: 2023-28

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Key Trends: Launch of Frozen Food in many Varieties to Attract New Customers

The rising consumption of Ready-to-Cook food items in Saudi Arabia has intended companies to launch a variety of frozen foods such as minced meat, sausages, etc. For instance, in 2022, Brazilian food brand Seara launched 120 halal frozen food products across Saudi Arabia, including the food items such as meatballs, frozen seafood, vegetables, etc. The new range of products aimed to attract a new customer base that wants to consume halal food.

Hence, the growing consumption of a variety of Ready-to-Cook food products is expected to encourage companies to launch more of these food products, thereby positively impacting the market in the forecast year.

Who are the Key Players Operating in the Saudi Arabia Ready-to-Cook Food Industry?

The top companies of the Saudi Arabia Ready-to-Cook Food market ruling the industry are:

  • Nestlé
  • General Mills
  • Almunajem Food
  • Savola Foods
  • Knorr Arabia
  • Mamee Double-Decker
  • Sunbulah Group
  • Al Kabeer Group ME
  • Gulfwest Company Ltd.
  • Halwani Bros.
  • Almarai Company
  • Others (Herfy for Food Services Company JSC, etc.)

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What is Included in Saudi Arabia Ready-to-Cook Food Market Segmentation?

The report has segmented the market into the following categories:

-By Sales Channel

  • Online
  • Offline

In recent years, e-commerce platforms in Saudi Arabia, such as Carrefour, Lulu Hypermarket, and others, have seen a significant spike in demand for these food products. Customers have been drawn to the availability of a wide range of Ready-to-Cook products on online sales platforms. Online sales channels' instant doorstep delivery of Ready-to-Cook food items has aided market growth. This sales channel offers an individual to easily compare products & price ranges, thereby enhancing sales through online retail channels.

It is an increasingly viable sales channel in Saudi Arabia and is persistently expanding across the country. Owing to this, the demand for Ready-to-Cook food items are expected to foresee significant demand from online sales channel from 2023 to 2028, thus accelerating the growth of the market.  

-By Product Type

  • Frozen
  • Ambient

-By Food Preferences

  • Vegetarian
  • Non Vegetarian

-By End Users

  • Individual Users
  • Hotels & Restaurants
  • Others (Military, etc.)

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