Contacto
Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)
Key regions: Philippines, Canada, India, China, United States
The Processed & Frozen Fruits Market in Saudi Arabia is seeing minimal growth due to various factors, such as low consumer awareness, limited availability of online services, and a preference for fresh fruits. Despite this, the market is expected to slowly expand in the upcoming years.
Customer preferences: As the demand for convenient and healthy food options continues to rise in Saudi Arabia, consumers are turning to processed and frozen fruits as a convenient and time-saving solution. This trend is particularly evident among young professionals and busy families who value convenience without compromising on nutrition. Additionally, with increasing health consciousness, there is a growing preference for frozen fruits that retain their nutrients and freshness compared to canned or dried varieties. This shift towards healthier and convenient options is further driven by the growing influence of Western eating habits and the desire for a more balanced and active lifestyle.
Trends in the market: In Saudi Arabia, the Processed & Frozen Fruits Market of the Fruits & Nuts Market within The Food market is experiencing a trend towards healthier options, with a focus on natural and organic products. As consumers become more health-conscious, there is an increasing demand for minimally processed and preservative-free fruits and nuts. This trend is expected to continue as the government promotes healthy eating habits and initiatives such as the National Transformation Program 2020, which aims to reduce obesity rates. This presents opportunities for industry stakeholders to tap into this growing market and offer innovative, healthy options to meet consumer demands.
Local special circumstances: In Saudi Arabia, the Processed & Frozen Fruits Market of the Fruits & Nuts Market within The Food market is heavily influenced by the country's strict halal food regulations. This has led to a growing demand for halal certified frozen fruits and nuts, as well as an increase in local production to meet this demand. Additionally, the country's hot climate and limited water resources have resulted in a strong focus on sustainable farming practices, driving innovation in the processing and freezing techniques used for fruits and nuts.
Underlying macroeconomic factors: The Processed & Frozen Fruits Market of the Fruits & Nuts Market within The Food market in Saudi Arabia is heavily impacted by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. The country's strong economic growth, supported by its oil-based economy and government initiatives to diversify and modernize other sectors, has led to an increase in consumer purchasing power and a growing demand for convenience foods, including processed and frozen fruits. Additionally, the country's favorable regulatory environment and investments in infrastructure have facilitated the growth of the market, while the increasing prevalence of chronic diseases and aging population have further boosted the demand for healthy and convenient food options.
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.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)