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Saudi Arabia Dairy Alternatives Market Size

The Saudi Arabia Dairy Alternatives Market is projected to experience significant growth over the forecast period, with a notable expansion in its market size. The off-trade channel, particularly supermarkets and hypermarkets, currently leads in sales, while convenience stores are also gaining traction due to their accessibility and the availability of private-label brands. On-trade consumption is bolstered by the prevalence of quick-service restaurants and cafes. Additionally, online retail channels are emerging as the fastest-growing segment, offering a diverse range of products that cater to consumer preferences.

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Market Size of saudi arabia dairy alternatives Industry

Saudi Arabia Dairy Alternatives Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 57.59 Million
svg icon Market Size (2029) USD 79.08 Million
svg icon Largest Share by Distribution Channel Off-Trade
svg icon CAGR (2024 - 2029) 6.55 %
svg icon Fastest Growing by Distribution Channel Off-Trade
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Saudi Arabia Dairy Alternatives Market Analysis

The Saudi Arabia Dairy Alternatives Market size is estimated at 57.59 million USD in 2024, and is expected to reach 79.08 million USD by 2029, growing at a CAGR of 6.55% during the forecast period (2024-2029).

57.59 Million

Market Size in 2024 (USD)

79.08 Million

Market Size in 2029 (USD)

4.40 %

CAGR (2017-2023)

6.55 %

CAGR (2024-2029)

Largest Market by Category

86.43 %

value share, Non-Dairy Butter, 2023

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A steady increase in consumer awareness levels about the ethics of producing non-dairy foods, and the impact of animal husbandry on the environment are the key factors driving the segment.

Largest Market by Distribution Channel

96.91 %

value share, Off-Trade, 2023

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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.

Fastest-growing Market by Category

34.33 %

Projected CAGR, Non-Dairy Cheese, 2024-2029

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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.

Fastest-growing Market by Distribution Channel

6.67 %

Projected CAGR, Off-Trade, 2024-2029

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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.

Leading Market Player

7.57 %

market share, Danone SA, 2022

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Danone's major focus on the quality and high standards of the products in plant-based beverages segment with products in wider range of brands made it market leader

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 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
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Saudi Arabia Dairy Alternatives Market Size Summary

The Saudi Arabia Dairy Alternatives Market is experiencing significant growth, driven by changing consumer preferences and dietary habits. The market is characterized by a strong presence of off-trade distribution channels, with supermarkets and hypermarkets leading in sales. The popularity of quick-service restaurants, street food, and cafes also contributes to the on-trade consumption of dairy alternatives. Convenience stores are gaining traction due to their broader reach and easy access to private-label brands. Online retail channels are emerging as the fastest-growing segment, offering a diverse range of dairy alternative products that cater to the specific needs of consumers. The increasing prevalence of lactose intolerance and milk allergies is prompting a shift towards plant-based options, such as soy milk, which is valued for its nutritional benefits.

Non-dairy butter is a major component of the dairy alternatives market, driven by consumer concerns for sustainability and animal welfare. The market is fragmented, with key players like Blue Diamond Growers, Britvic Plc, Danone SA, Koita Milk, and Saudia Dairy and Foodstuff Company (SADAFCO) holding a modest share. These companies are actively expanding their product offerings to meet the evolving tastes and preferences of consumers. Innovations such as locally produced oat milk and new flavor variants in non-dairy yogurt are examples of how companies are responding to market demands. The market's growth is further supported by the increasing demand for ready-to-eat, on-the-go snacks, particularly among millennials with busy lifestyles.

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Saudi Arabia Dairy Alternatives Market Size - Table of Contents

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

    1. 1.1 Category

      1. 1.1.1 Non-Dairy Butter

      2. 1.1.2 Non-Dairy Cheese

      3. 1.1.3 Non-Dairy Ice Cream

      4. 1.1.4 Non-Dairy Milk

        1. 1.1.4.1 By Product Type

          1. 1.1.4.1.1 Almond Milk

          2. 1.1.4.1.2 Coconut Milk

          3. 1.1.4.1.3 Oat Milk

          4. 1.1.4.1.4 Soy Milk

      5. 1.1.5 Non-Dairy Yogurt

    2. 1.2 Distribution Channel

      1. 1.2.1 Off-Trade

        1. 1.2.1.1 Convenience Stores

        2. 1.2.1.2 Online Retail

        3. 1.2.1.3 Specialist Retailers

        4. 1.2.1.4 Supermarkets and Hypermarkets

        5. 1.2.1.5 Others (Warehouse clubs, gas stations, etc.)

      2. 1.2.2 On-Trade

Saudi Arabia Dairy Alternatives Market Size FAQs

The Saudi Arabia Dairy Alternatives Market size is expected to reach USD 57.59 million in 2024 and grow at a CAGR of 6.55% to reach USD 79.08 million by 2029.

In 2024, the Saudi Arabia Dairy Alternatives Market size is expected to reach USD 57.59 million.

Saudi Arabia Dairy Alternatives Market Report Snapshots

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