saudi arabia yogurt market forecast 2026
DESCRIPTION
Saudi Arabia Yogurt Market is expected to reach USD1045.26 million by the end of the forecast period. There has been an increase in number of Saudi Arabian consumers opting for yogurt in their cuisines and breakfast routine which is propelling the growth of the market. https://bit.ly/2UGHWl1TRANSCRIPT
SAUDI ARABIA YOGURT MARKET
FORECAST & OPPORTUNITIES
FY2016 – FY2026
MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
2
Scope of ReportProduct of Interest (POI): Yogurt
Review Period
FY2016 – FY2019
Base Year
FY2020
Estimated Year
FY2021
Forecast Period
FY2022 – FY2026
Year RangeSAUDI ARABIA YOGURT MARKET
FORM
• North
• South
• East
• West
• Conventional Yogurt
• Greek Yogurt
• Set Yogurt
• Frozen Yogurt
• Yogurt Drinks
• Others
DISTRIBUTION CHANNEL
REGION
• Supermarket/Hypermarket
• Convenience Stores
• Independent Small Grocers
• Online Channel
Yogurt also spelled yoghurt, yogurt or yoghourt, is a food produced by bacterial fermentation ofmilk. The bacteria used to make yogurt are known as yogurt cultures. Fermentation of sugars inthe milk by these bacteria produces lactic acid, which acts on milk protein to give yogurt itstexture and characteristic tart flavor.
Market Segmentation
TYPE
• Flavored
• Non-Flavored
FAT CONTENT
• Regular
• Low Fat
• Fat Free
PACKAGING
• Pouches
• Plastic Bottles
• Tetra Packs
• Others
3
Table of Contents
S. No. Contents
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Saudi Arabia Yogurt Market
4. Executive Summary
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Product Awareness
5.3. Brand Awareness
6. Saudi Arabia Yogurt Market Outlook, FY2016-FY2026F
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Flavored and Non-Flavored)
6.2.2. By Fat Content (Regular, Low Fat and Fat Free)
6.2.3.By Form (Conventional Yogurt, Greek Yogurt, Set Yogurt, Frozen Yogurt, Yogurt Drinks and Others)
6.2.4. By Packaging (Pouches, Plastic Bottles, Tetra Packs and Others)
6.2.5.By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Independent Small Grocers, Online Channel)
6.2.6. By Region
6.2.7. By Company (2020)
6.3 Product Market Map
4
Table of Contents
S. No. Contents
7. Saudi Arabia Flavored Yogurt Market Outlook, FY2016-FY2026F
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Fat Content
7.2.2. By Form
7.2.3. By Packaging
7.2.4. By Distribution Channel
7.3. Pricing Analysis
8. Saudi Arabia Non-Flavored Yogurt Market Outlook, FY2016-FY2026F
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Fat Content
8.2.2. By Form
8.2.3. By Packaging
8.2.4. By Distribution Channel
8.3. Pricing Analysis
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Development
11. Policy & Regulatory Landscape
5
Table of Contents
S. No. Contents
12. Saudi Arabia Economic Profile
13. Pricing Analysis
14. Competitive Landscape
14.1. Almarai Company JSC
14.2. Saudi Dairy & Foodstuff Company
14.3. National Agriculture Development Company (NADEC)
14.4. Al Safi Danone LLC
14.5. Halwani Brothers Co
14.6. United National Dairy Co
14.7. Nada Dairy, Najran Dairy Co. Ltd
14.8. Arla Foods Middle East and Africa FZE
14.9. Marmum Dairy Farm LLC
14.10. Othman Agriculture Production and Processing Company (Nada Diary)
15. Strategic Recommendations
16. About Us & Disclaimer
RESEARCH METHODOLOGY
7
Research Methodology
✓ Identifying Key Opinion
Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data Collection
Developing List of Respondents
Formulating Questionnaire
Market Profiling
Data Validation
Data Analysis
In-depth secondary research was conducted to
determine top players in the Saudi Arabia yogurt
market, overall market size and segmental market size.
In order to conduct industry experts’
interviews, TechSci formulated a detailed
discussion guide.
List of industry players and industry
specialists was developed.
TechSci conducted interviews with
industry experts and industry players for data collection and
verification.
Data obtained as a result of primary and secondary research was
validated through rigorous
triangulation.
The data was scrutinized using MS-Excel, statistical
tools and internal proprietary database to obtain qualitative and
quantitative insights about the Saudi Arabia yogurt
market.
Data Collection
Data Filter& Analysis
Research &Intelligence
ActionableInsights
BusinessSolution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn✓ TechSci Internal
Database
✓ Factiva✓ Hoovers
Paid Sources
✓ Company Websites✓ Company Annual
Reports✓ White Paper Study✓ Financial Reports✓ Investor
Presentations✓ Regulatory Body✓ Associations, etc.
Secondary Research
Primary Research
8
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of Saudi Arabia yogurt market. The team has
analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing number of
easy availability of raw materials like milk and starter culture. The study includes market forecasting, which would enable our clients to
take better decisions while planning their strategy to achieve sustainability in Saudi Arabia yogurt market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value: Market size, in terms of value, for the year FY2020 was calculated based on information collected through
exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as yogurt manufacturers,
channel partners, market influencers & end users, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 yogurt companies, 100 – 120 end users, and 15 – 20 industry experts and other value chain
stakeholders in the Saudi Arabia yogurt market to obtain the overall market size from FY2016-FY2020, which was validated by the
Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data
from FY2016-FY2020.
9
Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by type, by fat content, by form, by packaging, by
distribution channel, by company and by each region. Removing the outlier responses, the geometric mean of growth estimates and
provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares
generated across various segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
• Market shares by type, by fat content, by form, by packaging, by distribution channel, by region and by company were calculated based on
the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or
revenue generated from various product types of yogurt markets. The final shares were calculated by taking the geometric mean of the
responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in
SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Saudi Arabia
yogurt market, TechSci Research used various forecast techniques such as:
✓ Moving Average
✓ Time Series Analysis
✓ Regression Analysis
✓ Econometric and Judgmental Analysis
10
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research
also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It
should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the
United States Dollar (USD), with the market size indicated in USD million.
Partial List of Companies Interviewed Key Secondary Sources
▪ Almarai Company JSC
▪ Saudi Dairy & Foodstuff Company
▪ National Agriculture Development Company
(NADEC)
▪ Al Safi Danone LLC
▪ Halwani Brothers Co
▪ United National Dairy Co
▪ Nada Dairy, Najran Dairy Co. Ltd
▪ Arla Foods Middle East and Africa FZE
▪ Marmum Dairy Farm LLC
▪ Othman Agriculture Production and Processing
▪ World Bank
▪ International Monetary Fund (IMF)
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Magazines
▪ Industry Reports
▪ News Dailies
▪ Credible Paid Databases
11
Industry Brief
According to TechSci Research report, “Saudi Arabia Yogurt Market, By Type (Non-Flavored Flavored), By Fat Content (Regular, Low Fat, Fat-Free), By Form
(Conventional Yogurt, Set Yogurt, Greek Yogurt, Frozen Yogurt, Yogurt Drinks and Others), By Packaging (Pouches, Plastic Bottles, Tetra Packs and Others),
By Distribution Channel (Convenience Stores, Independent Small Grocers, Supermarket/Hypermarket, Online Channel), By Region, Competition, Forecast &
Opportunities, 2026”, Saudi Arabia Yogurt Market is expected to grow at a CAGR of 6.47% during the forecast period owing to the growing population of health-
conscious consumers who are trying to switch to yogurt as a healthy alternative over sugary and processed drinks in their regular diet. Moreover, the
innovations in yogurt-based products such as frozen yogurt, flavored or fruit yogurt coupled with the introduction of low-fat Greek yogurt is anticipated to drive
the growth of the market in the coming years. Factors such as high disposable income and improvement in living standards are also contributing to increasing
demand for dairy products. Additionally, yogurt and yogurt-based products have seen a huge acceptance among women due to health-benefits associated with
yogurt consumption which is likely to serve as a driver for the Saudi Arabia market during the forecast year. Furthermore, growing dairy industry and increasing
entry of international yogurt brands in Saudi Arabia is also anticipated to fuel the growth of the yogurt market in the next five years.
Saudi Arabia Yogurt Market is segmented based on type, fat content, form, packaging, distribution channel and region. Based on form, the market is segmented
into conventional yogurt, Greek yogurt, set yogurt, frozen yogurt, yogurt drinks and others. The conventional yogurt segment held the largest market share and
is expected to further lead the market during the forecast period as it is used in traditional savoury dishes of Saudi Arabia like labneh. Furthermore, conventional
yogurt will hold the largest market share in the Saudi Arabia’s yogurt market during the forecast period, due to its easy availability, and conventional taste.
Based on the distribution channel, Saudi Arabia Yogurt Market is segmented into convenience stores, independent small grocers, supermarket/hypermarket and
online. Among them, the Supermarket/Hypermarket segment is anticipated to hold the largest market share during the forecast period due to easy availability,
huge variety and a well-manged supply chain with the other partners.
Furthermore, based on the fat content, yogurt market in Saudi Arabia is segmented into three segments including regular, low fat, fat-free yogurt. In the base
year, 2020 regular type yogurt held the largest market share of around 62.42%, due to the taste adaptability of the Saudi Arabian consumers for regular type of
yogurt and its use in most of the Saudi cuisines. However, low fat and fat-free yogurt are increasing with the very high CAGR in the forecast period, due to the
increasing adoption of these yogurt and widening preferences of young consumers for low fat and fat-free yogurt, due to lifestyle changes and increasing
awareness and benefits of consuming low fat and fat-free yogurt.
Major players operating in the Saudi Arabia Yogurt Market are Almarai Company JSC, Saudi Dairy & Foodstuff Co, National Agriculture Development Company
(NADEC), Al Safi Danone LLC, Halwani Brothers Co, United National Dairy Co, Nada Dairy, Najran Dairy Co. Ltd, Arla Foods Middle East and Africa FZE
and Marmum Dairy Farm LLC, among others. Leading companies are expanding their business by launching innovative products with different flavors to attract
the consumers in Saudi Arabia.
Based on the type, Saudi Arabian yogurt market is segmented into flavored and non-flavored yogurt types. In the base year, 2020 non-flavored type yogurt
captured the largest market share in the Saudi Arabia Yogurt Market with approximate 53.57% market share, due to higher preference for natural taste by the
Saudi Arabian consumers. Also, the flavored segment is the fastest-growing segment due to the widening consumer demands for varieties of flavors and
increased product offerings by the domestic and global players especially due to increasing influence from the western market such as Europe and the United
States.
“Saudi Arabia Yogurt Market is an expanding market and have opened many opportunities for the upcoming companies. It is becoming an attractive market for
the foreign companies, mainly international FMCG players, which are enhancing their distribution and supply chain in the Saudi Arabia to capture the maximum
market share in Saudi Arabian market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting
firm.
12
Sample Data - Snapshot
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
FY2016 FY2020 FY2021E FY2026F
By Value (USD Million)CAGR BY VALUE: XX% CAGR BY VALUE: XX%
Saudi Arabia Yogurt Market, Market Size, By Value (USD Million), FY2016–FY2026F
Saudi Arabia Yogurt Market Share, By Type, By Value, FY2016–FY2026F
50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E FY2022F FY2023F FY2024F FY2025F FY2026F
Non-Flavored
Flavored
Saudi Arabia Flavored Yogurt Market Share, By Distribution Channel, By Value, FY2016–FY2026F
25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%
25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%
25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%
25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%
FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E FY2022F FY2023F FY2024F FY2025F FY2026F
ConvenienceStores
IndependentSmall Grocers
Supermarket/Hypermarket
Online
13
Report Ordering
Report Name: SAUDI ARABIA YOGURT MARKET
FORECAST & OPPORTUNITIESFY2016 – FY2026
To View Sample OR Purchase Report
License Type Price
Single User License $3500
Multi-User License $4500
Custom Research License $7500
About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and Saudi Arabia. TechSci Research provides market research reports
in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports.
The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’
model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich
evaluation of the opportunities available in the market.
Related Reports
• Australia Dairy Products Market By Product Type (Dairy Milk, Ghee & Butter, Ice Cream, Milk Powder, Cheese & Spread, Yogurts & Others), By
Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Grocery Stores, Online & Others), Competition, Forecast &
Opportunities, 2025
• Global Dairy Testing Market By Type (Safety Vs Quality), By Technology (Traditional Vs Rapid), By Product (Milk & Milk Powder, Cheese, Butter
& Spreads, Infant Foods, Ice Cream & Desserts, Yogurt), By Company, By Region, Forecast & Opportunities, 2025
The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considersreliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors oromissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of thisreport. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative marketsize and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
TechSci Research – North America708 Third Avenue, Manhattan,
New York, United StatesTel: +1- 646- 360- 1656
Email: [email protected] www.techsciresearch.com
Disclaimer
TechSci Research – Europe54, Old brook, Bretton,
Peterborough, United Kingdom
Email: [email protected] www.techsciresearch.com
TechSci Research – Asia-PacificB – 44, Sector – 57, Noida, National Capital
Region, U.P. - Saudi ArabiaTel: +91-120-4523900
Email: [email protected] www.techsciresearch.com