Saudi Arabia Canned Food Market, Industry Trends, Sales, Ready to Eat Industry, KSA Packaged Food Market, Export Sales Canned Food Saudi Arabia : Ken Research

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Submitted: June 05, 2018

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The report titled Saudi Arabia Canned Food Market Outlook to 2022 - by Product Categories (Canned Dairy, Canned Meat, Canned Fish, Canned Cooking Sauces, Canned Legumes and Beans and Canned Fruits and Vegetables), by Distribution Channels (Bakalas, Hypermarkets, Supermarkets, Others), by Regional Sales (Riyadh, Jeddah, Mecca-Medina, Dammam and Others), by End User (Hotels, Restaurants and Catering Companies, Fast Food Outlets and Retail Consumers) provides a comprehensive analysis on the Saudi Arabia Canned Food Market. The report covers overview and genesis, food market size by value and volume, market segmentation by Categories (Canned Dairy, Canned Meat, Canned Fish, Canned Cooking Sauces, Canned Legumes and Beans and Canned Fruits and Vegetables, by Distribution Channels (Bakalas, Hypermarkets, Supermarkets, Others), by Regional Sales (Riyadh, Jeddah, Mecca-Medina, Dammam and Others),  by Sector (Organized and Unorganized) and by End User (Hotels, Restaurants and Catering Companies, Fast Food Outlets and Retail Consumers). Competitive landscape of Major players in Saudi Arabia canned food market including Saudi Goody Products Marketing Ltd., Gulf Food Industries – California Garden, Almarai Co. Ltd., Luna (National Food Industries Company), Saudia Dairy and Foodstuff Co., Del Monte Saudi Arabia Co. Ltd., Al-Wedyan National Company for Food Products, Al-Alali and AKH Foods are covered in the report. The report also covers Value Chain Analysis, Recent trends and developments, Issues and Challenges, Government role and regulations, SWOT Analysis, Export and Import trade scenario, Macroeconomic factors affecting Saudi Arabia canned food market, Future Outlook and Analyst recommendations.

The report is useful for investors, packaged food manufacturers, food ingredient supplier, potential entrants, food retailers and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Saudi Arabia Canned Food Market Size and Overview

The market for canned food in Saudi Arabia is at a matured stage, with a limited number of players dominating the market. Canned foods industry is driven by increasing urban population, rising female participation in the labor force, increasing share of income being spent on food, the growth in religious tourism that Saudi Arabia receives every year at the time of Hajj and Umrah and increasing product and packaging innovation.

Market Segmentation:

By Product Type: There are several product categories in canned foods market, the main ones being canned dairy, canned cooking sauces, canned fruits and vegetables, canned legumes and beans, canned meat, canned fish and others. Canned dairy is the leading product category with the highest revenue share of the market by value.

By Distribution Channels: Distribution channels for canned food products are hypermarkets, supermarkets and bakalas among other small departmental stores and online channel. In CY’2017, bakalas had the maximum revenue share, owing to their easy accessibility and high number of bakalas in Saudi Arabia.

By Regional Sales: The sales of canned foods are concentrated in urban areas, especially major cities such as Riyadh, Dammam, Jeddah and Mecca-Medina. Out of these, Mecca-Medina holds the largest revenue share by value as of CY’2017 because this region receives high amount of religious tourism at the time of Hajj and Umrah during which demand for canned foods is extremely high.

By Market Structure: Organized sector dominated the retail sales with a higher revenue share of the market in CY’2017. Organized players are better positioned and have well-established procurement and distribution systems as compared to unorganized players.

By End User: Hotels and restaurants (including catering companies) has contributed the highest share by value in CY’2017, as they use canned foods in large quantities and catering companies use canned foods to serve the pilgrims during Hajj and Umrah.

Competitive Landscape

The Saudi Arabia canned foods market is concentrated with few large players holding a high revenue share of the market. Saudi Goody Products Marketing Ltd. is the leading company in terms of revenue in the Saudi Arabia canned food market. Gulf Food Industries – California Garden is the second largest company followed by Almarai Company. The other major companies in Saudi Arabia canned food market are Luna (National Food Industries Company), Saudia Dairy and Foodstuff Co., Del Monte Saudi Arabia Co. Ltd., Al-Wedyan National Company for Food Products, Al-Alali and AKH Foods.

Future Outlook to Saudi Arabia Canned Food Market

The Saudi Arabia canned food market, in terms of revenue, is expected to grow at a single digit CAGR during CY’2018-CY’2022 owing to increasing urban population, rising female workforce and product and packaging innovation. The growth of the tourism industry leading to expansion of hotels, restaurants and fast food outlets is also likely to be another major contributor as these entities are major end users of canned food products.

For more information about the research report, refer to below link:

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/saudi-arabia-canned-food-market/149549-11.html

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