The Saudi Arabia Bakery Product Market is estimated to be worth US$1.4 billion by 2025
Saudi Arabia chocolate market is projected to grow at a CAGR of over 2%, in value terms, during 2023-2027.
The packaged food segment dominates the bakery market with a share of over 60%. This is due to the high demand for pre-packaged foods such as breads, cakes, biscuits, pies, etc
Saudi Arabia Cafés Market was worth USD 6,271.0 million in 2021 and is further projected to reach USD 16,299.2 million by the year 2028, exhibiting a CAGR of 13.1%
The Saudi Arabia Bakery Product Market is estimated to grow at a CAGR of 7.8% between 2022 & 2028. The growth of this market can be attributed to the increasing population of people in Saudi Arabia, rising disposable incomes, and the increasing demand for bakery products.
High consumption of milk and related products, growing demand for confectionery products, increasing number of foreign players in the market will further spur the growth of the chocolate market in the country.
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