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Saudi Arabia Juice Market Overview
Saudi Arabia Juice Market size is estimated to reach $94 million by 2026,
growing at a CAGR of 7.1% over 2021-2026. Juices are usually made either from fruits
and vegetables. They are either 100% pure form i.e. from the flesh or from the
whole fruit or vegetable or they are extracted from the fruit and their flowers
i.e. nectar or in the form of concentrates where the content of water is
reduced. These are then lightly pasteurized and frozen in order to maintain the
content as frozen concentrate juice. This is followed by the addition of sodium benzoate
and carbonation in order to maintain the shelf life of the carbonated soft
drinks prepared. As a naturally derived healthy meal with the capacity to
improve immunity, the Saudi Arabia’s fruit and vegetable juice sector has seen
tremendous expansion. In Saudi Arabia, fruit juice is mostly preferred over any
other beverage on the market by health-conscious consumers. Vegetable mixes are
simple to digest. Some juiced vegetables are low in carbohydrates and can be
eaten as part of a ketogenic diet. Owing to the health advantages, fruit and
vegetable juice consumption has increased in the country as a result of the
present COVID epidemic. Consumers' in Saudi Arabia are shifting eating patterns
that have resulted in a larger consumption of inexpensive, nutritious, and fast
sources of sustenance, such as bottled carbonated fruit juices, which is poised
to propel the Juice business forward between 2021 and 2026.
Report Coverage
The report: “Saudi Arabia Juice Market Forecast (2021-2026)”, by
Industry ARC, covers an in-depth analysis of the following segments of the Saudi
Arabia Juice Market.
By Product Type: Fruit Juice, Vegetable Juice, Fruit and Vegetable Blends, Nectar.
By Category: Organic, Conventional.
By Flavor: Fruit Flavors, Vegetable
Flavors.
By Packaging: Pouches, Tetra Packs,
Plastic Bottles, Others.
By Distribution Channel: Hypermarket/Supermarkets,
Specialty Stores, Online Retail and Others.
Key Takeaways
- The Saudi Arabia Juice Market is expanding due to rising demand for the need for tastier, additive-free drinks with a longer shelf life and the simple availability of a variety of flavors.
- Detailed analysis of the Strength, Weakness, and Opportunities of the prominent manufacturers operating in the market will be provided in the Saudi Arabia Juice Market report.
- Development of the Saudi Arabia’s Juice Industry is fuelled by rising demand for fruit juices, the introduction of fruit and vegetable mixes, flavoured sodas, cold-pressed juices, and an increase in disposable income.
- Strict health-related
regulations and additions are commonly employed which is set to create hurdles
for the Saudi Arabia Juice Market.
Saudi Arabia Juice Market Size, By Distribution Channel, 2020 (%)
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Saudi Arabia Juice Segment Analysis – By Product Type
The Saudi Arabia Juice Market based on product type can
be further segmented into fruit juice,
vegetable juice, fruit and vegetable blends, nectar. The fruit juice segment holds a major market share that
is attributable to reasons such as an emerging popularity toward better
lifestyles, increased consumer interest in unusual tastes, and an increase in
demand for attractive organic carbonated drinks, the fruit juice industry is
expected to rise. Moreover, it is widely considered as one of the healthiest
beverages thanks to its capability to boost the immune system, reduce ageing
signs, protect against cancer, boost cellular repair and metabolism, and
cleanse the body, lower blood pressure, and lower cholesterol levels.
On the other hand, the fruit and
vegetable blends segment is estimated to register the fastest CAGR of 7.5% for
the period 2021-2026. Factors such as consequence of increased awareness of
fruit and vegetable mixes, the market has grown. Furthermore, growing income
levels of target customers would have a favorable impact on fruit juice
consumption, propelling the Saudi Arabia’s Juice Industry throughout the
projection period 2021-2026.
Saudi Arabia Juice Segment Analysis – By Distribution Channel
The Saudi Arabia Juice Market based on distribution
channel can be further segmented into Hypermarket/Supermarkets, Specialty
Stores, Online Retail and Others. The hypermarkets/supermarkets segment
registers for the highest Saudi Arabia Juice Market share in 2020. This is
mainly owing to facts, as these stores are incorporated with numerous
alternatives and the availability of varieties of Saudi Arabia Juice from
various brands. Furthermore, Saudi Arabia Juice sales by
hypermarkets/supermarkets is believed to rise effectively as consumers prefer
these retail channels for shopping owing to the in-store promotions by
retailers and price comparisons is anticipated to further expand the
consumption rate over the forecast period 2021-2026.
On the contrary, the online retail segment is forecasted
to register the fastest CAGR of 7.7% over 2021-2026. This is mainly owing to
the fact that there is an increase in the number of online retail channels,
especially in developing economies, which has augmented the penetration of
modern grocery retail chains, further contributing to the sales of Saudi Arabia
Juice in the up-coming years.
Saudi Arabia Juice Market Drivers
Increase Demand for Health Benefits
The Saudi Arabia Juice Market driver is poised to be ascribed to consumers' increased
awareness of a healthy lifestyle, as well as their increasing disposable
income. Furthermore, greater health awareness, as well as increased demand for juices
augmented with functional ingredients. Omega-3 fatty acids, fiber, and
probiotic bacteria are just a few of the functional ingredients that the juice
industry might employ to develop new products. Apart from this, vitamins are
added to juices to increase their nutritional profile. Vitamin D, vitamin E,
vitamin A, and vitamin C are just a few of the vitamins present in these
drinks, all of which contribute to market growth. This is a significant market
driver, as it leads to increased customer demand and, as a result, more sales,
propelling the Saudi Arabia’s Juice Market's growth.
Saudi Arabia Juice Market Challenges
Strict Regulation And High Investment
The use of
artificial additives and ingredients in the juice products followed by the
imposition of strict regulations regarding its quality checks owing to the
growing demand for natural products in convenience foods among the customers
across the country however, is poised to stifle development of the country’s Juice
market during the forecast period 2021-2026.
Saudi Arabia Juice Market Landscape
Product
launches, mergers and acquisitions, joint ventures and geographical expansions
are key strategies adopted by players in the Saudi Arabia Juice Market. In
2020, Saudi Arabia Juice Market share is fragmented by the top ten players
present in the market. The Saudi Arabia Juice Market top 10 companies are Almarai
Co Ltd, National Agricultural Development Co, Al Rabie AlSaudia Dairy Co Ltd, Gulf
Union Foods Co., Al Othman Agri Prod & Processing Co., Halwani Bros Co., National
Fruit Juice Co., Ltd., Arla Foods Middle East and Africa FZE and Marmum Dairy
Farm LLC and others.
Relevant Reports:
Flavored
Juice Market - Forecast(2021 - 2026)
Report Code: FBR 0019
Report Code: FBR 82876
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