Market Size of Saudi Arabia Eggs Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.62 Billion |
Market Size (2029) | USD 2.17 Billion |
CAGR (2024 - 2029) | 5.98 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Saudi Arabia Eggs Market Analysis
The Saudi Arabia Eggs Market size is estimated at USD 1.62 billion in 2024, and is expected to reach USD 2.17 billion by 2029, growing at a CAGR of 5.98% during the forecast period (2024-2029).
The increase in the demand for animal protein and the growing preference for low-fat and high-protein diets among consumers have led to a remarkable increase in the consumption of eggs in Saudi Arabia. As modern trade channels continue to expand, the demand is expected to increase rapidly during the forecast period because of the convenience modern trade provides. According to the General Authority for Statistics Saudi Arabia, in 2022, the number of eggs produced from laying hens in the country was 6.83 billion.
Eggs are perfectly balanced on the scale of convenience and nutrition. For all the nutrients eggs have to offer, they are a fairly low-calorie food. According to Healthline Media Inc., hard-boiled eggs provide only 77 calories, 5 grams of fat, and a very small amount of carbs. Eggs pack a complete range of amino acids, which means they are a complete protein source. Thus, the rising demand for protein-rich food among Saudi Arabian consumers is expected to propel the market in the forecast period.
Furthermore, with the increasing demand for convenient products, the market has witnessed a significant demand for processed eggs. Moreover, processed eggs are more efficiently treated and pasteurized due to technological advancements, assuring safety, reduced risk of contamination, and extended shelf life. For instance, Rahima Poultry Farms offers liquid pasteurized eggs, both chilled and frozen, which is ideal for food factories and the catering industry. In addition, the expanding HoReCa industry in Saudi Arabia is also propelling the growth of eggs in the country.