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Saudi Arabia Soft Drinks Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Saudi Arabia Soft Drinks Market: By Product Type (Carbonated, Non-Carbonated (Fruit Juices, Flavored Drinks, and Hot drinks (tea & coffee)) and Functional Beverages (functional water and sports drinks)); Flavor varieties (Cola Flavors, Citrus Flavors, Fruit Flavors, Others); Target Audience (Adults, Children and Teens Health-Conscious Consumers); Packaging Type (Cans, Bottles, and Tetra Pak or Cartons); Distribution Channel (Offline (Supermarkets/Hypermarkets, Wholesalers, Retail Stores, Specialty Stores) and Online)—Market Forecast and Analysis for 2023–2031

  • Published Date: 01-Jul-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0723490
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Saudi Arabia Soft Drinks Market

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FREQUENTLY ASKED QUESTIONS

The Saudi Arabia Soft Drinks Market was valued at US$ 12,649.0 Mn in 2022.

The Saudi Arabia Soft Drinks Market is expected to grow at a CAGR of 5.92% during the forecast year.

The absence of alcoholic drinks in Saudi Arabia and the high demand for rehydration drinks due to the hot and arid climate are driving the growth of the market.

Steep taxes on sugary soft drinks and energy drinks, coupled with strict government policies on the consumption of soft drinks, are likely to slow down the consumption of soft drinks in Saudi Arabia.

The threat of new entrants is medium to high. Start-up companies are quickly moving from the food market to the beverage market, with local soft drink brands jostling for space with global ones.

The Saudi Arabia Soft Drinks Market is segmented by product type, flavor varieties, target audience, packaging type, and distribution channel.

Non-Carbonated soft drinks like fruit juices, flavored drinks, dairy drinks, and hot drinks (tea & coffee) occupy a major share in the market.

Fruit flavors (other than citrus fruits) are the most consumed flavors in Saudi Arabia.

Key players in the Saudi Arabia Soft Drinks Market include Aujan Coca-Cola Beverages Company, PepsiCo, Al Jomaih Bottling Plants, Al-Amoudi Beverages Industries, and other prominent players.

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