Sales of baked goods have been significantly impacted in 2022 by a sharp rise in prices. These price rises are mainly being driven by an increase in wheat prices as a result of Russia's invasion of Ukraine. Prior to Russia’s invasion, Saudi Arabia used to import around 30% of its wheat from Ukraine and Russia. The kingdom is planning to import 480,000 tonnes of wheat in 2022-2023 which is equivalent to SAR778.5 million.
The Baked Goods in Saudi Arabia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2017-2021, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in < - Year - > directly informs our forecasts to 2026, clearly indicating how the market is expected to change.
Product coverage: Bread, Cakes, Dessert Mixes, Dessert Pies and Tarts, Frozen Baked Goods, Pastries.
Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.
The Baked Goods in Saudi Arabia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2017-2021, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in < - Year - > directly informs our forecasts to 2026, clearly indicating how the market is expected to change.
Product coverage: Bread, Cakes, Dessert Mixes, Dessert Pies and Tarts, Frozen Baked Goods, Pastries.
Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Baked Goods market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
BAKED GOODS IN SAUDI ARABIAKEY DATA FINDINGS
2022 DEVELOPMENTS
- Rising cost of wheat drives puts pressure on prices, while the foodservice channel sees a full recovery
- The end of COVID-19 restrictions provides a boost to sales of baked goods
- Social media strategies becoming increasingly important, while distribution favours hypermarkets and supermarkets
PROSPECTS AND OPPORTUNITIES
- Almarai investing in the future through new product development and purchases and acquisitions
- New product developments to grow over the forecast period
- Discounters on the rise as consumers go in search of better value
CATEGORY DATA
- Table 1 Sales of Baked Goods by Category: Volume 2017-2022
- Table 2 Sales of Baked Goods by Category: Value 2017-2022
- Table 3 Sales of Baked Goods by Category: % Volume Growth 2017-2022
- Table 4 Sales of Baked Goods by Category: % Value Growth 2017-2022
- Table 5 Sales of Pastries by Type: % Value 2017-2022
- Table 6 NBO Company Shares of Baked Goods: % Value 2018-2022
- Table 7 LBN Brand Shares of Baked Goods: % Value 2019-2022
- Table 8 Distribution of Baked Goods by Format: % Value 2017-2022
- Table 9 Forecast Sales of Baked Goods by Category: Volume 2022-2027
- Table 10 Forecast Sales of Baked Goods by Category: Value 2022-2027
- Table 11 Forecast Sales of Baked Goods by Category: % Volume Growth 2022-2027
- Table 12 Forecast Sales of Baked Goods by Category: % Value Growth 2022-2027
STAPLE FOODS IN SAUDI ARABIA
EXECUTIVE SUMMARY
- Staple foods in 2022: The big picture
- Key trends in 2022
- Competitive Landscape
- Channel developments
- What next for staple foods?
MARKET DATA
- Table 13 Sales of Staple Foods by Category: Volume 2017-2022
- Table 14 Sales of Staple Foods by Category: Value 2017-2022
- Table 15 Sales of Staple Foods by Category: % Volume Growth 2017-2022
- Table 16 Sales of Staple Foods by Category: % Value Growth 2017-2022
- Table 17 NBO Company Shares of Staple Foods: % Value 2018-2022
- Table 18 LBN Brand Shares of Staple Foods: % Value 2019-2022
- Table 19 Penetration of Private Label by Category: % Value 2017-2022
- Table 20 Distribution of Staple Foods by Format: % Value 2017-2022
- Table 21 Forecast Sales of Staple Foods by Category: Volume 2022-2027
- Table 22 Forecast Sales of Staple Foods by Category: Value 2022-2027
- Table 23 Forecast Sales of Staple Foods by Category: % Volume Growth 2022-2027
- Table 24 Forecast Sales of Staple Foods by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
- Summary 1 Research Sources
