Saudi Arabia Dairy Alternatives Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Saudi Arabia Dairy Alternatives Market is segmented by Category (Non-Dairy Butter, Non-Dairy Cheese, Non-Dairy Ice Cream, Non-Dairy Milk, Non-Dairy Yogurt) and by Distribution Channel (Off-Trade, On-Trade). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Production volume of plant-based products.

INSTANT ACCESS

Home right-chevron-icon Market Analysis right-chevron-icon Food & Beverage Research right-chevron-icon F&B Processed Food Research right-chevron-icon Saudi Arabia Dairy Alternatives Market

Saudi Arabia Dairy Alternatives Market Size

Saudi Arabia Dairy Alternatives Market Summary
share button
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2023) USD 54.55 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 79.08 Million
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Distribution Channel Off-Trade
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2023 - 2029) 6.39 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Distribution Channel Off-Trade

Major Players
major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

WHY BUY FROM US?
1. CRISP & INSIGHTFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE
KNOW MORE

Saudi Arabia Dairy Alternatives Market Analysis

The Saudi Arabia Dairy Alternatives Market size is estimated at 54.55 million USD in 2023, and is expected to reach 79.08 million USD by 2029, growing at a CAGR of 6.39% during the forecast period (2023-2029).

  • Non-Dairy Butter is the largest category in the Saudi Arabia Dairy Alternatives Market. A steady increase in consumer awareness levels about the ethics of producing dairy foods, and the impact of animal husbandry on the environment are the key factors driving the segment.
  • The largest distribution channel for the Saudi Arabia Dairy Alternatives Market is Off-Trade. The wider availability of various brands, ease of reading product labels, and convenience in comparing different products make it the preferred type among dairy consumers.
  • Non-Dairy Cheese is the Fastest-growing category for the Saudi Arabia Dairy Alternatives Market. The characteristics of non-dairy cheese products which are created from nuts or seeds which has a perfect solid texture that will also melt, are encouraging the segment's growth.
  • The growth rate of Off-Trade segment indicates that it is the Fastest-growing distribution channel. The ongoing demand in off-trade channels majorly through online distribution channels as it provides ease of shopping with ample option availability is enticing the growth of the segment.

Easy availability of dairy alternatives products through wide retail sector is boosting the growth.

  • Among distribution channels, the off-trade channel dominates the sales of dairy alternatives in Saudi Arabia. Among the off-trade channels, supermarkets and hypermarkets accounted for the majority share of dairy alternative sales, i.e., 67.8% in 2022.
  • Strong penetration of quick-service restaurants, the popularity of street food culture, and the well-established network of cafes are the key factors supporting the on-trade consumption of dairy alternative products in Saudi Arabia. The sales value of dairy alternatives through on-trade increased by 23.2% in 2022 compared to 2021.
  • Convenience stores are the second most widely preferred off-trade distribution channels after supermarkets and hypermarkets to purchase dairy alternative products in Saudi Arabia. The sales value of dairy-alternative products through convenience stores is anticipated to grow by 17.9% in 2025 compared to 2022. The broader reach and easy access to private-label brands are the key factors driving the sales of dairy alternative products through convenience stores.
  • Online channels are expected to be the fastest-growing retail channel in the off-trade segment. The sales value of dairy alternatives through online retail channels registered a growth rate of 48.9% from 2020 to 2022. The online retail channel offers a wide variety of dairy alternative options than traditional grocery stores, making it easier for consumers to find the specific product they need.
Saudi Arabia Dairy Alternatives Market: Saudi Arabia Dairy Alternatives Market, CAGR, %, By Distribution Channel, 2023 - 2029

Saudi Arabia Dairy Alternatives Market Trends

The consumption of non-dairy alternatives is increasing in Saudi Arabia due to concerns for animals and sustainability, prevalence of lactose intolerance, and changing dietary habits

  • Non-dairy butter is majorly consumed among all dairy alternatives across the country. The key motivations for consumers to adopt non-dairy butter are concerns for animals or sustainability and changes in dietary habits. Thus, the per capita consumption of non-dairy butter experienced an increase of 2.21% in 2022 compared to 2021.
  • The growing prevalence of lactose intolerance is another reason consumers switch to dairy alternatives. For example, in Saudi Arabia, more than 30% of the population has lactose intolerance. One out of every three people in Saudi Arabia is aware of lactose intolerance disorder and its related factors.
  • The per capita consumption of plant-based is expected to increase by 6.21% in 2023-2024 due to the increasing prevalence of milk allergies, which is driving the demand for plant-based milk worldwide. For example, soy milk is a rich source of vitamins, proteins, and potassium and has a lower calorie content than cow's milk. Due to its high nutrient content, it is considered an ideal substitute for dairy products.
  • The increasing demand for non-dairy yogurt is being led by millennials with busy lifestyles, promoting the consumption of ready-to-eat, on-the-go snacks. Companies are introducing different variants in terms of flavors and health claims to cater to the changing tastes and preferences of consumers.
Saudi Arabia Dairy Alternatives Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Factors, such as weather conditions and agricultural practices, are leading to an overall fluctuating trend in production

Saudi Arabia Dairy Alternatives Industry Overview

The Saudi Arabia Dairy Alternatives Market is fragmented, with the top five companies occupying 7.63%. The major players in this market are Blue Diamond Growers, Danone SA, Koita Milk, Saudia Dairy and Foodstuff Company (SADAFCO) and The Bridge Srl (sorted alphabetically).

Saudi Arabia Dairy Alternatives Market Leaders

  1. Blue Diamond Growers

  2. Danone SA

  3. Koita Milk

  4. Saudia Dairy and Foodstuff Company (SADAFCO)

  5. The Bridge Srl

Saudi Arabia Dairy Alternatives Market Concentration

Other important companies include Britvic Plc, Oatly Group AB, Sanitarium Health and Wellbeing Company, Upfield Holdings BV.

*Disclaimer: Major Players sorted in no particular order

bookmark Need More Details on Market Players and Competitors?
Download PDF

Saudi Arabia Dairy Alternatives Market News

  • May 2022: Oatly Group launched its one-hour delivery for its bestselling oat-based products, including oat milk, and frozen non-dairy dessert pints and novelties in Los Angeles and New York City through popular food delivery apps.
  • May 2022: SADAFCO launched the first locally produced oat milk in Saudi Arabia.
  • December 2021: Oatly Group launched the first plant-based milk alternative in Germany.

Saudi Arabia Dairy Alternatives Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Per Capita Consumption

    2. 2.2. Raw Material/Commodity Production

    3. 2.3. Regulatory Framework

      1. 2.3.1. Saudi Arabia

    4. 2.4. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. Category

      1. 3.1.1. Non-Dairy Butter

      2. 3.1.2. Non-Dairy Cheese

      3. 3.1.3. Non-Dairy Ice Cream

      4. 3.1.4. Non-Dairy Milk

        1. 3.1.4.1. By Product Type

          1. 3.1.4.1.1. Almond Milk

          2. 3.1.4.1.2. Coconut Milk

          3. 3.1.4.1.3. Oat Milk

          4. 3.1.4.1.4. Soy Milk

      5. 3.1.5. Non-Dairy Yogurt

    2. 3.2. Distribution Channel

      1. 3.2.1. Off-Trade

        1. 3.2.1.1. Convenience Stores

        2. 3.2.1.2. Online Retail

        3. 3.2.1.3. Specialist Retailers

        4. 3.2.1.4. Supermarkets and Hypermarkets

        5. 3.2.1.5. Others (Warehouse clubs, gas stations, etc.)

      2. 3.2.2. On-Trade

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. Blue Diamond Growers

      2. 4.4.2. Britvic Plc

      3. 4.4.3. Danone SA

      4. 4.4.4. Koita Milk

      5. 4.4.5. Oatly Group AB

      6. 4.4.6. Sanitarium Health and Wellbeing Company

      7. 4.4.7. Saudia Dairy and Foodstuff Company (SADAFCO)

      8. 4.4.8. The Bridge Srl

      9. 4.4.9. Upfield Holdings BV

  7. 5. KEY STRATEGIC QUESTIONS FOR DAIRY AND DAIRY ALTERNATIVE CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. PER CAPITA CONSUMPTION OF DAIRY ALTERNATIVES, KG, SAUDI ARABIA, 2017 - 2029
  1. Figure 2:  
  2. PRODUCTION VOLUME OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET - RAW MATERIAL, METRIC TONNES, SAUDI ARABIA, 2017 - 2021
  1. Figure 3:  
  2. VOLUME OF DAIRY ALTERNATIVES, METRIC TONNES, BY SAUDI ARABIA, 2017 - 2029
  1. Figure 4:  
  2. VALUE OF DAIRY ALTERNATIVES, USD, BY SAUDI ARABIA, 2017 - 2029
  1. Figure 5:  
  2. VOLUME OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET BY CATEGORY, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 6:  
  2. VALUE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET BY CATEGORY, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 7:  
  2. VOLUME SHARE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET, BY CATEGORY , %, SAUDI ARABIA, 2017 - 2029
  1. Figure 8:  
  2. VALUE SHARE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET, BY CATEGORY , %, SAUDI ARABIA, 2017 - 2029
  1. Figure 9:  
  2. VOLUME OF NON-DAIRY BUTTER, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 10:  
  2. VALUE OF NON-DAIRY BUTTER, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 11:  
  2. VALUE SHARE OF NON-DAIRY BUTTER, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 12:  
  2. VOLUME OF NON-DAIRY CHEESE, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 13:  
  2. VALUE OF NON-DAIRY CHEESE, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 14:  
  2. VALUE SHARE OF NON-DAIRY CHEESE, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 15:  
  2. VOLUME OF NON-DAIRY ICE CREAM, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 16:  
  2. VALUE OF NON-DAIRY ICE CREAM, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 17:  
  2. VALUE SHARE OF NON-DAIRY ICE CREAM, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 18:  
  2. VOLUME OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET BY PRODUCT TYPE, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 19:  
  2. VALUE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET BY PRODUCT TYPE, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 20:  
  2. VOLUME SHARE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET, BY PRODUCT TYPE , %, SAUDI ARABIA, 2017 - 2029
  1. Figure 21:  
  2. VALUE SHARE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET, BY PRODUCT TYPE , %, SAUDI ARABIA, 2017 - 2029
  1. Figure 22:  
  2. VOLUME OF ALMOND MILK, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 23:  
  2. VALUE OF ALMOND MILK, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 24:  
  2. VALUE SHARE OF ALMOND MILK, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 25:  
  2. VOLUME OF COCONUT MILK, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 26:  
  2. VALUE OF COCONUT MILK, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 27:  
  2. VALUE SHARE OF COCONUT MILK, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 28:  
  2. VOLUME OF OAT MILK, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 29:  
  2. VALUE OF OAT MILK, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 30:  
  2. VALUE SHARE OF OAT MILK, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 31:  
  2. VOLUME OF SOY MILK, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 32:  
  2. VALUE OF SOY MILK, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 33:  
  2. VALUE SHARE OF SOY MILK, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 34:  
  2. VOLUME OF NON-DAIRY YOGURT, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 35:  
  2. VALUE OF NON-DAIRY YOGURT, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 36:  
  2. VALUE SHARE OF NON-DAIRY YOGURT, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 37:  
  2. VOLUME OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 38:  
  2. VALUE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET BY DISTRIBUTION CHANNEL, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 39:  
  2. VOLUME SHARE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET, BY DISTRIBUTION CHANNEL , %, SAUDI ARABIA, 2017 - 2029
  1. Figure 40:  
  2. VALUE SHARE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET, BY DISTRIBUTION CHANNEL , %, SAUDI ARABIA, 2017 - 2029
  1. Figure 41:  
  2. VOLUME OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET BY SUB DISTRIBUTION CHANNELS, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 42:  
  2. VALUE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET BY SUB DISTRIBUTION CHANNELS, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 43:  
  2. VOLUME SHARE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET, BY SUB DISTRIBUTION CHANNELS , %, SAUDI ARABIA, 2017 - 2029
  1. Figure 44:  
  2. VALUE SHARE OF SAUDI ARABIA DAIRY ALTERNATIVES MARKET, BY SUB DISTRIBUTION CHANNELS , %, SAUDI ARABIA, 2017 - 2029
  1. Figure 45:  
  2. VOLUME OF CONVENIENCE STORES, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 46:  
  2. VALUE OF CONVENIENCE STORES, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 47:  
  2. VALUE SHARE OF CONVENIENCE STORES, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 48:  
  2. VOLUME OF ONLINE RETAIL, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 49:  
  2. VALUE OF ONLINE RETAIL, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 50:  
  2. VALUE SHARE OF ONLINE RETAIL, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 51:  
  2. VOLUME OF SPECIALIST RETAILERS, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 52:  
  2. VALUE OF SPECIALIST RETAILERS, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 53:  
  2. VALUE SHARE OF SPECIALIST RETAILERS, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 54:  
  2. VOLUME OF SUPERMARKETS AND HYPERMARKETS, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 55:  
  2. VALUE OF SUPERMARKETS AND HYPERMARKETS, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 56:  
  2. VALUE SHARE OF SUPERMARKETS AND HYPERMARKETS, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 57:  
  2. VOLUME OF OTHERS (WAREHOUSE CLUBS, GAS STATIONS, ETC.), METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 58:  
  2. VALUE OF OTHERS (WAREHOUSE CLUBS, GAS STATIONS, ETC.), USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 59:  
  2. VALUE SHARE OF OTHERS (WAREHOUSE CLUBS, GAS STATIONS, ETC.), %, SAUDI ARABIA, 2017 - 2029
  1. Figure 60:  
  2. VOLUME OF ON-TRADE, METRIC TONNES, SAUDI ARABIA, 2017 - 2029
  1. Figure 61:  
  2. VALUE OF ON-TRADE, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 62:  
  2. VALUE SHARE OF ON-TRADE, %, SAUDI ARABIA, 2017 - 2029
  1. Figure 63:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, SAUDI ARABIA, 2017 - 2029
  1. Figure 64:  
  2. MOST ADOPTED STRATEGIES, COUNT, SAUDI ARABIA, 2017 - 2029
  1. Figure 65:  
  2. VALUE SHARE OF MAJOR PLAYERS, %, SAUDI ARABIA, 2022

Saudi Arabia Dairy Alternatives Industry Segmentation

Non-Dairy Butter, Non-Dairy Cheese, Non-Dairy Ice Cream, Non-Dairy Milk, Non-Dairy Yogurt are covered as segments by Category. Off-Trade, On-Trade are covered as segments by Distribution Channel.

  • Among distribution channels, the off-trade channel dominates the sales of dairy alternatives in Saudi Arabia. Among the off-trade channels, supermarkets and hypermarkets accounted for the majority share of dairy alternative sales, i.e., 67.8% in 2022.
  • Strong penetration of quick-service restaurants, the popularity of street food culture, and the well-established network of cafes are the key factors supporting the on-trade consumption of dairy alternative products in Saudi Arabia. The sales value of dairy alternatives through on-trade increased by 23.2% in 2022 compared to 2021.
  • Convenience stores are the second most widely preferred off-trade distribution channels after supermarkets and hypermarkets to purchase dairy alternative products in Saudi Arabia. The sales value of dairy-alternative products through convenience stores is anticipated to grow by 17.9% in 2025 compared to 2022. The broader reach and easy access to private-label brands are the key factors driving the sales of dairy alternative products through convenience stores.
  • Online channels are expected to be the fastest-growing retail channel in the off-trade segment. The sales value of dairy alternatives through online retail channels registered a growth rate of 48.9% from 2020 to 2022. The online retail channel offers a wide variety of dairy alternative options than traditional grocery stores, making it easier for consumers to find the specific product they need.
Category
Non-Dairy Butter
Non-Dairy Cheese
Non-Dairy Ice Cream
Non-Dairy Milk
By Product Type
Almond Milk
Coconut Milk
Oat Milk
Soy Milk
Non-Dairy Yogurt
Distribution Channel
Off-Trade
Convenience Stores
Online Retail
Specialist Retailers
Supermarkets and Hypermarkets
Others (Warehouse clubs, gas stations, etc.)
On-Trade
customize-icon Need A Different Region Or Segment?
Customize Now

Market Definition

  • Dairy Alternatives - Dairy alternatives are foods that are made from plant-based milk/oils instead of their usual animal products, such as cheese, butter, milk, ice cream, yogurt, etc. Plant-based or non-dairy milk alternative is the fast-growing segment in the newer food product development category of functional and specialty beverage across the globe.
  • Non-Dairy Butter - Non dairy butter is a vegan butter alternative that is made from a mixture of plant oils. With an increase in alternative diets like vegetarianism, veganism, and gluten intolerance, plant butter is a healthy non-dairy substitute for normal butter.
  • Non-Dairy Ice Cream - Plant based ice cream is a growing category. Non-dairy ice cream is a type of dessert made without any animal ingredients. This is typically considered a substitute for regular ice cream for those who cannot or do not eat animal or animal-derived products, including eggs, milk, cream, or honey.
  • Plant-Based Milk - Plant based milks are milk substitutes that are made from nuts (e.g., hazelnuts, hemp seeds), seeds (e.g., sesame, walnuts, coconuts, cashews, almonds, rice, oats, etc.) or legumes (e.g., soy). Plant-based milk such as soy milk and almond milk have been popular in East Asia and the Middle East for centuries.
bookmark Need More Details on Market Definition?
Ask a Question

Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.​
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.​
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.​
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
download-icon Get More Details On Research Methodology
Download PDF
close-icon
80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

WHY BUY FROM US?
card-img
01. Crisp, insightful analysis
Our focus is NOT on word count. We present only the key trends impacting the market so you don’t waste time finding a needle in the haystack.
card-img
02. True Bottom-Up Approach
We study the industry, not just the market. Our bottom-up approach ensures we have a broad and deep understanding of the forces that shape the industry.
card-img
03. Exhaustive Data
Tracking a million data points on the dairy and dairy alternative industry. Our constant market tracking covers over 1 million+ data points spanning 45 countries and over 150 companies just for the dairy and dairy alternative industry.
card-img
04. Transparency
Know where your data comes from. Most market reports today hide the sources used behind the veil of a proprietary model. We proudly present them so you can trust our information.
card-img
05. Convenience
Tables belong in spreadsheets. Like you, we also believe that spreadsheets are better suited for data evaluation. We don't clutter our reports with data tables. We provide an excel document with each report that contains all the data used to analyze the market.

Saudi Arabia Dairy Alternatives Market Research FAQs

The Saudi Arabia Dairy Alternatives Market size is expected to reach USD 54.55 million in 2023 and grow at a CAGR of 6.39% to reach USD 79.08 million by 2029.

In 2023, the Saudi Arabia Dairy Alternatives Market size is expected to reach USD 54.55 million.

Blue Diamond Growers, Danone SA, Koita Milk, Saudia Dairy and Foodstuff Company (SADAFCO) and The Bridge Srl are the major companies operating in the Saudi Arabia Dairy Alternatives Market.

In the Saudi Arabia Dairy Alternatives Market, the Off-Trade segment accounts for the largest share by distribution channel.

In 2023, the Off-Trade segment accounts for the fastest growing by distribution channel in the Saudi Arabia Dairy Alternatives Market.

Saudi Arabia Dairy Alternatives Industry Report

Statistics for the 2022 Saudi Arabia Dairy Alternatives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Dairy Alternatives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.