Market Insights Consumer Food Sauces & Spices

Spices & Culinary Herbs - Saudi Arabia

Saudi Arabia

Revenue in the Salt & Other Spices market amounts to €153.30m in 2024. The market is expected to grow annually by 14.02% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (€9,666m in 2024).
In relation to total population figures, per person revenues of €4.09 are generated in 2024.
In the Salt & Other Spices market, volume is expected to amount to 13.30m kg by 2029. The Salt & Other Spices market is expected to show a volume growth of 7.7% in 2025.
The average volume per person in the Salt & Other Spices market is expected to amount to 0.2kg in 2024.

Key regions: United Kingdom, Spain, Japan, India, South Korea

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Región

Comparación de regiones

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Analyst Opinion

The Spices & Culinary Herbs market in Saudi Arabia is experiencing slow growth, impacted by factors such as changing consumer preferences and a shift towards healthier food options. Despite this, the market is expected to continue its steady growth due to the country's rich culinary culture and increasing demand for traditional spices and herbs.

Customer preferences: The Spices & Culinary Herbs Market in Saudi Arabia has seen a rise in demand for organic and natural products, as consumers are becoming more health-conscious. This shift is driven by a growing awareness of the benefits of plant-based diets, as well as the influence of social media and Western food trends. Additionally, there has been an increase in demand for traditional and authentic spices and herbs, as consumers look for ways to connect with their cultural roots and incorporate them into their cooking.

Trends in the market: In Saudi Arabia, the Spices & Culinary Herbs Market within the Sauces & Spices Market is experiencing a surge in demand for organic and natural products. This trend is driven by increasing health consciousness and the rising popularity of clean eating. As a result, stakeholders in the industry are investing in sustainable sourcing and production practices to meet consumer preferences. Additionally, there is a shift towards online sales channels, as consumers are increasingly turning to e-commerce for their spice and herb purchases. This trend is expected to continue, with the potential for further growth in the online market for spices and culinary herbs in Saudi Arabia.

Local special circumstances: In Saudi Arabia, the Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is heavily influenced by the country's rich cultural history and strong ties to traditional cuisine. This has led to a high demand for locally sourced and authentic spices and herbs, resulting in a thriving market for small-scale farmers and producers. Additionally, strict regulations on food imports have also played a role in shaping the market, as the government aims to promote and protect local businesses.

Underlying macroeconomic factors: The Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market in Saudi Arabia is impacted by various macroeconomic factors. The global economic trends play a significant role in shaping the market, as the country heavily relies on imports for its spices and culinary herbs. Moreover, the national economic health and fiscal policies of Saudi Arabia also influence the market, as they determine consumer purchasing power and overall business environment. Additionally, the country's efforts towards economic diversification and promoting the food industry have positively impacted the market, leading to increased investments and growth opportunities. The rising population and changing dietary patterns in the country further drive the demand for spices and culinary herbs, making Saudi Arabia a lucrative market for international players in the industry.

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.