saudi arabia yogurt market forecast 2026

SAUDI ARABIA YOGURT MARKET

FORECAST & OPPORTUNITIES

FY2016 – FY2026

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

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Scope of ReportProduct of Interest (POI): Yogurt

Review Period

FY2016 – FY2019

Base Year

FY2020

Estimated Year

FY2021

Forecast Period

FY2022 – FY2026

Year RangeSAUDI ARABIA YOGURT MARKET

FORM

• North

• South

• East

• West

• Conventional Yogurt

• Greek Yogurt

• Set Yogurt

• Frozen Yogurt

• Yogurt Drinks

• Others

DISTRIBUTION CHANNEL

REGION

• Supermarket/Hypermarket

• Convenience Stores

• Independent Small Grocers

• Online Channel

Yogurt also spelled yoghurt, yogurt or yoghourt, is a food produced by bacterial fermentation ofmilk. The bacteria used to make yogurt are known as yogurt cultures. Fermentation of sugars inthe milk by these bacteria produces lactic acid, which acts on milk protein to give yogurt itstexture and characteristic tart flavor.

Market Segmentation

TYPE

• Flavored

• Non-Flavored

FAT CONTENT

• Regular

• Low Fat

• Fat Free

PACKAGING

• Pouches

• Plastic Bottles

• Tetra Packs

• Others

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Table of Contents

S. No. Contents

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Saudi Arabia Yogurt Market

4. Executive Summary

5. Voice of Customer

5.1. Factors Influencing Purchase Decision

5.2. Product Awareness

5.3. Brand Awareness

6. Saudi Arabia Yogurt Market Outlook, FY2016-FY2026F

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type (Flavored and Non-Flavored)

6.2.2. By Fat Content (Regular, Low Fat and Fat Free)

6.2.3.By Form (Conventional Yogurt, Greek Yogurt, Set Yogurt, Frozen Yogurt, Yogurt Drinks and Others)

6.2.4. By Packaging (Pouches, Plastic Bottles, Tetra Packs and Others)

6.2.5.By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Independent Small Grocers, Online Channel)

6.2.6. By Region

6.2.7. By Company (2020)

6.3 Product Market Map

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Table of Contents

S. No. Contents

7. Saudi Arabia Flavored Yogurt Market Outlook, FY2016-FY2026F


7.1.1. By Value


7.2.1. By Fat Content

7.2.2. By Form

7.2.3. By Packaging

7.2.4. By Distribution Channel

7.3. Pricing Analysis

8. Saudi Arabia Non-Flavored Yogurt Market Outlook, FY2016-FY2026F


8.1.1. By Value


8.2.1. By Fat Content

8.2.2. By Form

8.2.3. By Packaging

8.2.4. By Distribution Channel

8.3. Pricing Analysis

9. Market Dynamics

9.1. Drivers

9.2. Challenges

10. Market Trends & Development

11. Policy & Regulatory Landscape

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Table of Contents

S. No. Contents

12. Saudi Arabia Economic Profile

13. Pricing Analysis

14. Competitive Landscape

14.1. Almarai Company JSC

14.2. Saudi Dairy & Foodstuff Company

14.3. National Agriculture Development Company (NADEC)

14.4. Al Safi Danone LLC

14.5. Halwani Brothers Co

14.6. United National Dairy Co

14.7. Nada Dairy, Najran Dairy Co. Ltd

14.8. Arla Foods Middle East and Africa FZE

14.9. Marmum Dairy Farm LLC

14.10. Othman Agriculture Production and Processing Company (Nada Diary)

15. Strategic Recommendations

16. About Us & Disclaimer

RESEARCH METHODOLOGY

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Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in the Saudi Arabia yogurt

market, overall market size and segmental market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about the Saudi Arabia yogurt

market.

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

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Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of Saudi Arabia yogurt market. The team has

analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing number of

easy availability of raw materials like milk and starter culture. The study includes market forecasting, which would enable our clients to

take better decisions while planning their strategy to achieve sustainability in Saudi Arabia yogurt market.

Methodology Followed for Calculation of Market Size:

• Market Size by Value: Market size, in terms of value, for the year FY2020 was calculated based on information collected through

exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as yogurt manufacturers,

channel partners, market influencers & end users, industry experts, and other industry participants.

• The team interviewed more than 15 – 20 yogurt companies, 100 – 120 end users, and 15 – 20 industry experts and other value chain

stakeholders in the Saudi Arabia yogurt market to obtain the overall market size from FY2016-FY2020, which was validated by the

Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data

from FY2016-FY2020.

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• Respondents were asked about the current and future market growth rates, market shares by type, by fat content, by form, by packaging, by

distribution channel, by company and by each region. Removing the outlier responses, the geometric mean of growth estimates and

provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares

generated across various segments were further triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:

• Market shares by type, by fat content, by form, by packaging, by distribution channel, by region and by company were calculated based on

the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or

revenue generated from various product types of yogurt markets. The final shares were calculated by taking the geometric mean of the

responses gathered from key opinion leaders after eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in

SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Saudi Arabia

yogurt market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

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TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research

also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It

should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the

United States Dollar (USD), with the market size indicated in USD million.

Partial List of Companies Interviewed Key Secondary Sources

▪ Almarai Company JSC

▪ Saudi Dairy & Foodstuff Company

▪ National Agriculture Development Company

(NADEC)

▪ Al Safi Danone LLC

▪ Halwani Brothers Co

▪ United National Dairy Co

▪ Nada Dairy, Najran Dairy Co. Ltd

▪ Arla Foods Middle East and Africa FZE

▪ Marmum Dairy Farm LLC

▪ Othman Agriculture Production and Processing

▪ World Bank

▪ International Monetary Fund (IMF)

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ News Dailies

▪ Credible Paid Databases

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Industry Brief

According to TechSci Research report, “Saudi Arabia Yogurt Market, By Type (Non-Flavored Flavored), By Fat Content (Regular, Low Fat, Fat-Free), By Form

(Conventional Yogurt, Set Yogurt, Greek Yogurt, Frozen Yogurt, Yogurt Drinks and Others), By Packaging (Pouches, Plastic Bottles, Tetra Packs and Others),

By Distribution Channel (Convenience Stores, Independent Small Grocers, Supermarket/Hypermarket, Online Channel), By Region, Competition, Forecast &

Opportunities, 2026”, Saudi Arabia Yogurt Market is expected to grow at a CAGR of 6.47% during the forecast period owing to the growing population of health-

conscious consumers who are trying to switch to yogurt as a healthy alternative over sugary and processed drinks in their regular diet. Moreover, the

innovations in yogurt-based products such as frozen yogurt, flavored or fruit yogurt coupled with the introduction of low-fat Greek yogurt is anticipated to drive

the growth of the market in the coming years. Factors such as high disposable income and improvement in living standards are also contributing to increasing

demand for dairy products. Additionally, yogurt and yogurt-based products have seen a huge acceptance among women due to health-benefits associated with

yogurt consumption which is likely to serve as a driver for the Saudi Arabia market during the forecast year. Furthermore, growing dairy industry and increasing

entry of international yogurt brands in Saudi Arabia is also anticipated to fuel the growth of the yogurt market in the next five years.

Saudi Arabia Yogurt Market is segmented based on type, fat content, form, packaging, distribution channel and region. Based on form, the market is segmented

into conventional yogurt, Greek yogurt, set yogurt, frozen yogurt, yogurt drinks and others. The conventional yogurt segment held the largest market share and

is expected to further lead the market during the forecast period as it is used in traditional savoury dishes of Saudi Arabia like labneh. Furthermore, conventional

yogurt will hold the largest market share in the Saudi Arabia’s yogurt market during the forecast period, due to its easy availability, and conventional taste.

Based on the distribution channel, Saudi Arabia Yogurt Market is segmented into convenience stores, independent small grocers, supermarket/hypermarket and

online. Among them, the Supermarket/Hypermarket segment is anticipated to hold the largest market share during the forecast period due to easy availability,

huge variety and a well-manged supply chain with the other partners.

Furthermore, based on the fat content, yogurt market in Saudi Arabia is segmented into three segments including regular, low fat, fat-free yogurt. In the base

year, 2020 regular type yogurt held the largest market share of around 62.42%, due to the taste adaptability of the Saudi Arabian consumers for regular type of

yogurt and its use in most of the Saudi cuisines. However, low fat and fat-free yogurt are increasing with the very high CAGR in the forecast period, due to the

increasing adoption of these yogurt and widening preferences of young consumers for low fat and fat-free yogurt, due to lifestyle changes and increasing

awareness and benefits of consuming low fat and fat-free yogurt.

Major players operating in the Saudi Arabia Yogurt Market are Almarai Company JSC, Saudi Dairy & Foodstuff Co, National Agriculture Development Company

(NADEC), Al Safi Danone LLC, Halwani Brothers Co, United National Dairy Co, Nada Dairy, Najran Dairy Co. Ltd, Arla Foods Middle East and Africa FZE

and Marmum Dairy Farm LLC, among others. Leading companies are expanding their business by launching innovative products with different flavors to attract

the consumers in Saudi Arabia.

Based on the type, Saudi Arabian yogurt market is segmented into flavored and non-flavored yogurt types. In the base year, 2020 non-flavored type yogurt

captured the largest market share in the Saudi Arabia Yogurt Market with approximate 53.57% market share, due to higher preference for natural taste by the

Saudi Arabian consumers. Also, the flavored segment is the fastest-growing segment due to the widening consumer demands for varieties of flavors and

increased product offerings by the domestic and global players especially due to increasing influence from the western market such as Europe and the United

States.

“Saudi Arabia Yogurt Market is an expanding market and have opened many opportunities for the upcoming companies. It is becoming an attractive market for

the foreign companies, mainly international FMCG players, which are enhancing their distribution and supply chain in the Saudi Arabia to capture the maximum

market share in Saudi Arabian market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting

firm.

https://www.techsciresearch.com/report/saudi-arabia-yogurt-market/3136.html

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Sample Data - Snapshot

5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00

FY2016 FY2020 FY2021E FY2026F

By Value (USD Million)CAGR BY VALUE: XX% CAGR BY VALUE: XX%

Saudi Arabia Yogurt Market, Market Size, By Value (USD Million), FY2016–FY2026F

Saudi Arabia Yogurt Market Share, By Type, By Value, FY2016–FY2026F

50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%

50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%

FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E FY2022F FY2023F FY2024F FY2025F FY2026F

Non-Flavored

Flavored

Saudi Arabia Flavored Yogurt Market Share, By Distribution Channel, By Value, FY2016–FY2026F

25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%

25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%

25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%

25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%

FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E FY2022F FY2023F FY2024F FY2025F FY2026F

ConvenienceStores

IndependentSmall Grocers

Supermarket/Hypermarket

Online

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Report Name: SAUDI ARABIA YOGURT MARKET

FORECAST & OPPORTUNITIESFY2016 – FY2026

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About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and Saudi Arabia. TechSci Research provides market research reports

in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports.

The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’

model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market.

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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considersreliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors oromissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of thisreport. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative marketsize and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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