Market Insights Consumer Food Sauces & Spices

Other Sauces - Saudi Arabia

Saudi Arabia

Revenue in the Other Sauces market amounts to €1.53bn in 2024. The market is expected to grow annually by 3.76% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€35,160m in 2024).
In relation to total population figures, per person revenues of €40.89 are generated in 2024.
In the Other Sauces market, volume is expected to amount to 0.42bn kg by 2029. The Other Sauces market is expected to show a volume growth of 2.5% in 2025.
The average volume per person in the Other Sauces market is expected to amount to 10.1kg in 2024.

Key regions: Russia, United Kingdom, Philippines, Japan, South Korea

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Other Sauces Market in Saudi Arabia has seen a minimal growth rate, impacted by factors such as the slow adoption of digital technologies and low health awareness among consumers. Convenience offered by online health services may also play a role.

Customer preferences: As consumer awareness about health and wellness grows, there has been a noticeable shift towards healthier and more natural options in the Other Sauces Market of the Sauces & Spices Market within The Food market. This trend is driven by a growing interest in clean-label products, as consumers become more conscious of the ingredients and additives in their food. Additionally, there is a rising demand for plant-based and vegan sauces, catering to the increasing number of individuals adopting these diets.

Trends in the market: In Saudi Arabia, the Other Sauces Market within the Sauces & Spices Market is experiencing a shift towards healthier and more diverse options. There is a growing demand for plant-based and organic sauces, as consumers become more health-conscious. Additionally, there is a trend towards fusion sauces, combining traditional Saudi flavors with international influences. This trend is significant as it caters to the changing tastes and preferences of consumers, providing them with a wider range of options. It also presents opportunities for industry stakeholders to innovate and differentiate themselves in a competitive market. Furthermore, the rise of e-commerce and online grocery shopping in the region has made it easier for consumers to access these specialty sauces, driving the growth of the market.

Local special circumstances: In Saudi Arabia, the Other Sauces market is heavily influenced by the country's rich culinary traditions and the preferences of its diverse population. With a strong emphasis on local ingredients and spices, the market offers a wide variety of sauces that cater to different taste preferences. Additionally, strict halal regulations in the country also impact the production and consumption of sauces, creating a unique market dynamic. The increasing demand for international cuisines and the growth of online food delivery services also contribute to the growth of the Other Sauces market in Saudi Arabia.

Underlying macroeconomic factors: The Other Sauces Market of the Sauces & Spices Market within The Food market in Saudi Arabia is influenced by various macroeconomic factors. One of the key factors is the country's economic stability, driven by its strong oil industry and government investments in diversifying the economy. This has led to a growing middle class with higher disposable income, resulting in an increased demand for convenience foods, including sauces and spices. Additionally, the government's initiatives to promote local food production and reduce imports have also positively impacted the market. Furthermore, the rise in health consciousness and changing consumer preferences towards healthier and natural ingredients have also driven the demand for organic and natural sauces in the country, leading to market growth.

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.