Market Insights Consumer Food Dairy Products & Eggs

Yogurt - Saudi Arabia

Saudi Arabia

Revenue in the Yogurt market amounts to €257.10m in 2024. The market is expected to grow annually by 3.52% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€41,960m in 2024).
In relation to total population figures, per person revenues of €6.86 are generated in 2024.
In the Yogurt market, volume is expected to amount to 107.60m kg by 2029. The Yogurt market is expected to show a volume growth of 1.8% in 2025.
The average volume per person in the Yogurt market is expected to amount to 2.6kg in 2024.

Key regions: Russia, Spain, South Korea, Philippines, United States

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Yogurt Market in Saudi Arabia is experiencing slow growth due to factors such as low consumer awareness, limited availability of online services, and traditional preference for dairy products. Despite negligible growth rate, the market is expected to improve with increasing health consciousness and introduction of new products.

Customer preferences: Consumers in Saudi Arabia are increasingly shifting towards healthier and more nutritious food options, leading to a surge in demand for yogurt in the Dairy Products & Eggs Market within The Food market. This trend is driven by a growing awareness of the benefits of probiotics and the rising number of health-conscious individuals. Additionally, there is a growing preference for locally sourced and organic yogurt, reflecting a cultural emphasis on traditional and natural food products.

Trends in the market: In Saudi Arabia, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for healthy and nutritious options. This trend is being driven by a growing health consciousness among consumers, leading to an increased preference for products with natural ingredients and probiotics. Additionally, there is a rising demand for yogurt-based snacks and drinks, as well as a shift towards plant-based alternatives. These trends are expected to continue, with potential implications for industry stakeholders including the need for innovation and diversification of product offerings to cater to evolving consumer preferences.

Local special circumstances: In Saudi Arabia, the Yogurt Market is heavily influenced by the country's cultural and religious beliefs. The consumption of dairy products, including yogurt, is an integral part of the traditional Saudi diet. Additionally, the country's hot climate makes yogurt a popular choice for its cooling and refreshing properties. The market is also regulated by strict halal standards, making it necessary for dairy companies to obtain halal certification. These unique factors contribute to the strong demand for yogurt in Saudi Arabia and shape the competitive landscape of the Dairy Products & Eggs Market within The Food market.

Underlying macroeconomic factors: The Yogurt Market of the Dairy Products & Eggs Market within The Food market in Saudi Arabia is influenced by macroeconomic factors such as economic stability, government policies, and consumer spending habits. With a growing population and a strong economy, Saudi Arabia has a high demand for dairy products and a willingness to spend on premium products, making it a lucrative market for yogurt manufacturers. Additionally, the government's initiatives to promote healthy eating habits and the rising awareness of the health benefits of yogurt are further driving the market growth. However, fluctuations in oil prices and geopolitical tensions in the region can impact consumer confidence and overall market performance.

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.