Saudi Arabia Non-Alcoholic Drinks Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Non-Alcoholic Drinks Market is estimated to reach USD 17.67 billion by 2033 with a CAGR of 5.85%.
The report includes an in-depth analysis of the Saudi Arabia Non-Alcoholic Drinks Market, including market size and trends, product mix, Applications, and supplier analysis. Non-alcoholic beverages are those that contain no or very little alcohol. People prefer these beverages for a variety of reasons, including feeling refreshed, staying hydrated, enjoying the taste, and contemplating health benefits. This category includes a variety of beverages, such as soft drinks, tea, juices, energy drinks, coffee tastes, water, and functional drinks.
- BLK & Bold K-Cup pods were released by Keurig in July 2022, allowing more than 36 million households with Keurig brewers to access the largest black-owned coffee brand.
- Nestlé introduced a new plant-based Milo in Thailand in February 2022. This Ready-To-Drink (RTD) product offers a healthy plant-based substitute by using soy as its foundation and adding Milo's recognizable malt flavor.
Market Opportunities and Challenges
Opportunities:
Plant-Based Beverages - The increasing popularity of plant-based diets presents a number of potential prospects. Plant-based non-alcoholic drinks, such as fruit juices, soy milk, and almond milk, satisfy consumers seeking sustainable and dairy-free options.
Drinks that are both functional and health-enhancing - There is room for expansion due to consumer desire for functional drinks that include extra health advantages like probiotics, vitamins, and antioxidants. Customers' demands for better health are met by these drinks.
E-Commerce Growth - As e-commerce platforms proliferate, non-alcoholic beverage producers have a way to reach a larger audience. Direct-to-consumer and internet sales strategies can increase market accessibility and revenue.
Challenges:
Raising Awareness of the Effects of Non-Alcoholic Drinks on Health - Not every drink will improve your health when you drink it, with the exception of some non-alcoholic beverages like bottled water. For example, a number of energy drinks contain caffeine and sugar, and consuming more than the suggested quantity may increase your heart rate and blood pressure. Other potential adverse effects include anxiety and insomnia. Additionally, many fruit juices include unhealthy preservatives. These elements can significantly hinder the expansion of the market.
Market Competitive Landscape
The top market participants, such as Nestle Water Factory Co Ltd, Saudi Snack Food Co. Ltd, Al Aujan Holding Company, Aquat Food Industries Co. Ltd, Middle East & North Africa Beverages Manufacturing Co, Gulf Union Food Company, Danya Foods Ltd Company, Tania Water Factory, Hana Food Industries Company, and Arrow Beverage Factory, are eager to solidify their market positions through strategic initiatives like mergers, collaborations, and acquisitions.
Scope of the report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Product Type, By Packaging Type, By Distribution Channel |
Regions covered | Eastern Region, Western Region, Southern Region, Northern Region, Central region. |
Companies Covered | Nestle Water Factory Co Ltd, Saudi Snack Food Co. Ltd, Al Aujan Holding Company, Aquat Food Industries Co. Ltd, Middle East & North Africa Beverages Manufacturing Co, Gulf Union Food Company, Danya Foods Ltd Company, Tania Water Factory, Hana Food Industries Company, Arrow Beverage Factory. |
By Distribution Channel Insights:
The market for non-alcoholic drinks in Saudi Arabia is divided into department stores, supermarkets/hypermarkets, internet retailers, and others based on the distribution channel. Because department stores offer a wide range of products from different brands and tastes in one location, they hold the biggest market share. Customers can easily buy bulk goods from these locations during an event. Online retailers, however, are predicted to increase at the fastest rate during the course of the projected period.
COVID-19 Impact on Saudi Arabia Non-Alcoholic Drinks Market
The COVID-19 pandemic outbreak originally had a detrimental effect on the market for non-alcoholic drinks in Saudi Arabia. The market saw a sharp increase in demand for several non-alcoholic beverages, like energy drinks and bottled water, but the distribution networks were totally shut down. This resulted in a significant disparity between supply and demand for non-alcoholic beverages from supermarkets and convenience stores. However, once the supply of non-alcoholic drinks is restored, the sector is expected to experience significant growth following the lockout.
Key Target Audience:
- Health-Conscious Consumers
- Religious and Cultural Consumers
- Busy Professionals and Students
- Tourists and Expatriates
- Athletes and Sports Enthusiasts
- Premium and Luxury Market Consumers
- Environmental and Sustainability Enthusiasts
- Retail and Foodservice Buyers
Our in-depth analysis of the Saudi Arabia Non-Alcoholic Drinks Market includes the following segments:
By Product Type: | Bottled WaterFruit Juices & Flavored DrinksCarbonated Soft drinksFunctional/Energy & Sports DrinksOthers |
By Packaging Type: | BottlesCansCartonsOthers |
By Distribution Channel: | Supermarkets/HypermarketsOnlineDepartmental StoreOthers |
Key Topics Covered in the Report:
- Saudi Arabia Non-Alcoholic Drinks Market Size (FY’2024-FY’2033)
- Overview of Saudi Arabia Non-Alcoholic Drinks Market
- Segmentation of Saudi Arabia Non-Alcoholic Drinks Market By Product Type (Bottled Water, Fruit Juices & Flavored Drinks, Carbonated Soft drinks, Functional/Energy & Sports Drinks, Others)
- Segmentation of Saudi Arabia Non-Alcoholic Drinks Market By Packaging Type (Bottles, Cans, Cartons, Others)
- Segmentation of Saudi Arabia Non-Alcoholic Drinks Market By Distribution Channel (Supermarkets/Hypermarkets, Online, Departmental Store, Others)
- Statistical Snap of Saudi Arabia Non-Alcoholic Drinks Market
- Expansion Analysis of Saudi Arabia Non-Alcoholic Drinks Market
- Problems and Obstacles in Saudi Arabia Non-Alcoholic Drinks Market
- Competitive Landscape in the Saudi Arabia Non-Alcoholic Drinks Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Non-Alcoholic Drinks Market
- Details on Current Investment in Saudi Arabia Non-Alcoholic Drinks Market
- Competitive Analysis of Saudi Arabia Non-Alcoholic Drinks Market
- Prominent Players in the Saudi Arabia Non-Alcoholic Drinks Market
- SWOT Analysis of Saudi Arabia Non-Alcoholic Drinks Market
- Saudi Arabia Non-Alcoholic Drinks Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Non-Alcoholic Drinks Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Saudi Arabia Non-Alcoholic Drinks Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Non-Alcoholic Drinks Market
7. Saudi Arabia Non-Alcoholic Drinks Market, By Product Type USD Million) 2020-2033
7.1. Saudi Arabia Non-Alcoholic Drinks Market Size, Share and Forecast, By Product Type, 2020-2026
7.2. Saudi Arabia Non-Alcoholic Drinks Market Size, Share and Forecast, By Product Type, 2027-2033
7.3. Bottled Water
7.4. Fruit Juices & Flavored Drinks
7.5. Carbonated Soft drinks
7.6. Functional/Energy & Sports Drinks
7.7. Others
8. Saudi Arabia Non-Alcoholic Drinks Market, By Packaging Type (USD Million) 2020-2033
8.1. Saudi Arabia Non-Alcoholic Drinks Market Size, Share and Forecast, By Packaging Type, 2020-2026
8.2. Saudi Arabia Non-Alcoholic Drinks Market Size, Share and Forecast, By Packaging Type, 2027-2033
8.3. Bottles
8.4. Cans
8.5. Cartons
8.6. Others
9. Saudi Arabia Non-Alcoholic Drinks Market, By Distribution Channel (USD Million) 2020-2033
9.1. Saudi Arabia Non-Alcoholic Drinks Market Size, Share and Forecast, By Distribution Channel, 2020-2026
9.2. Saudi Arabia Non-Alcoholic Drinks Market Size, Share and Forecast, By Distribution Channel, 2027-2033
9.3. Supermarkets/Hypermarkets
9.4. Online
9.5. Departmental Store
9.6. Others
10. Saudi Arabia Non-Alcoholic Drinks Market Forecast, 2020-2033 (USD Million)
10.1. Saudi Arabia Non-Alcoholic Drinks Market Size and Market Share
11. Saudi Arabia Non-Alcoholic Drinks Market, By Region, 2020-2033 (USD Million)
11.1. Saudi Arabia Non-Alcoholic Drinks Market Size and Market Share By Region (2020-2026)
11.2. Saudi Arabia Non-Alcoholic Drinks Market Size and Market Share By Region (2027-2033)
11.3. Eastern Region
11.4. Western Region
11.5. Southern Region
11.6. Northern Region
11.7. Central region
12. Company Profile
12.1. Nestle Water Factory Co Ltd
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Saudi Snack Food Co. Ltd
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Al Aujan Holding Company
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Aquat Food Industries Co. Ltd
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Middle East & North Africa Beverages Manufacturing Co
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Gulf Union Food Company
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Danya Foods Ltd Company
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Tania Water Factory
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Hana Food Industries Company
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Arrow Beverage Factory
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links