Market Insights Consumer Food Bread & Cereal Products

Bread - Saudi Arabia

Saudi Arabia

Revenue in the Bread market amounts to €3.13bn in 2024. The market is expected to grow annually by 3.23% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€73bn in 2024).
In relation to total population figures, per person revenues of €83.56 are generated in 2024.
In the Bread market, volume is expected to amount to 1.35bn kg by 2029. The Bread market is expected to show a volume growth of 2.0% in 2025.
The average volume per person in the Bread market is expected to amount to 33.5kg in 2024.

Key regions: India, United States, Japan, United Kingdom, China

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Bread Market in Saudi Arabia is experiencing slow growth due to factors such as low health consciousness and limited availability of online services. Despite the negligible growth rate, the market is driven by traditional bread consumption habits and cultural preferences.

Customer preferences: As health and wellness become increasingly important to consumers in Saudi Arabia, there has been a noticeable shift towards healthier bread options, such as whole grain and gluten-free bread. This trend is driven by a growing awareness of the negative effects of processed foods and a desire for more natural and nutritious options. Additionally, there has been an increase in demand for artisanal and specialty breads, as consumers seek out unique and high-quality products. This is influenced by the cultural importance of food in Saudi Arabia, where bread is a staple in traditional meals and gatherings.

Trends in the market: In Saudi Arabia, the Bread Market of the Bread & Cereal Products Market within The Food market is experiencing a significant increase in demand for healthier bread options. This trend is driven by consumer awareness of the health benefits of whole grain and gluten-free bread, as well as the rising prevalence of lifestyle diseases. As a result, bakeries are investing in new product development to cater to this demand, while retailers are expanding their range of healthier bread options. This trend is expected to continue, with potential implications including increased competition, higher consumer expectations, and a need for innovative marketing strategies.

Local special circumstances: In Saudi Arabia, the Bread Market within the Bread & Cereal Products Market of The Food market is heavily influenced by the country's cultural and religious practices. As a Muslim-majority country, bread is a staple food in the Saudi Arabian diet, with traditional flatbread like khobz being a popular choice. Additionally, the country's strict Halal regulations also impact the types of bread sold in the market, with many local bakeries specializing in producing Halal-certified bread. This has created a unique market dynamic, with a strong demand for traditional bread and a strong emphasis on Halal production.

Underlying macroeconomic factors: The Bread Market of the Bread & Cereal Products Market within The Food market in Saudi Arabia is influenced by various macroeconomic factors. The national economic health of the country plays a significant role in the performance of the market. With a steady GDP growth and a strong consumer base, the demand for bread and cereal products is expected to remain stable. Additionally, the government's fiscal policies, such as subsidies on basic food items, also impact the market. Furthermore, global economic trends, such as fluctuations in commodity prices, can also affect the cost of raw materials and ultimately impact the pricing of bread and cereal products in the market.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.