Saudi Arabia Canned Food Market is Expected to Reach over USD 500 Million in 2022: Ken Research

• Saudi Arabia canned food market is expected to register positive CAGR of around 1.9% during the period 2018-2022
• The rise in female labor force participation will be a major contributor to the canned food market in Saudi Arabia.
• Growing product and packaging innovation will also augment the canned food market in Saudi Arabia.

The primary drivers of canned food market in future will be the increasing urban population in Saudi Arabia. This will increase demand for canned food because of the hectic lifestyle of the urban populace leading consumers to prefer food that is easily and quickly prepared or is ready-to-eat. It has been anticipated that an increasing number of women joining the workforce is likely to have a positive effect on the demand for canned food. This is because, due to lack of time to be devoted to cooking in the kitchen, they would prefer to buy canned food products which are faster to cook with.

Introduction of new products and packaging will make more variants of products accessible to the consumer, leading to growth in sales of canned food products. However, increasing health awareness among the population is leading to consumers buying fresh or frozen products over canned products as former are perceived to be healthier. This is expected to constrain the demand for canned food products.

Analysts at Ken Research in their latest publication “Saudi Arabia Canned Food Market Outlook to 2022 - by Product Categories (Canned Dairy, Canned Meat, Canned Fish, Canned Cooking Sauces, Canned Legumes and Beans and Canned Fruits and Vegetables), by Distribution Channels (Bakalas, Hypermarkets, Supermarkets, Others), by Regional Sales (Riyadh, Jeddah, Mecca-Medina, Dammam and Others), by End User (Hotels, Restaurants and Catering Companies, Fast Food Outlets and Retail Consumers)” believe that by investing in R&D and introducing canned ready-to-eat beef/chicken stew, ready-to-eat stir fry vegetables, ready-to-eat pasta and ready-to-eat preparations of popular Saudi recipes across canned food categories and organic canned food will aid the canned food market.
Saudi Arabia canned food market is expected to register positive CAGR of around 1.9% during the period 2018-2022. Increasing number of food retail outlets with increasing urbanization, R&D investments and marketing strategies used by players in the canned food market are expected to have a positive effect on the overall revenue of the Saudi Arabia canned food market.

For more information about the research report, refer to below link:
https://www.kenresearch.com/food-beverage-and-tobacco/general-food/saudi-arabia-canned-food-market/149549-11.html

Products Covered
Saudi Arabia canned food market by Product Categories (Canned Dairy, Canned Meat, Canned Fish, Canned Cooking Sauces, Canned Legumes and Beans and Canned Fruits and Vegetables, by Distribution Channels (Bakalas, Hypermarkets, Supermarkets, Others), by Regional Sales (Riyadh, Jeddah, Mecca-Medina, Dammam and Others), by Sector (Organized and Unorganized) and by End User (Hotels, Restaurants and Catering Companies, Fast Food Outlets and Retail Consumers)

Companies Covered
Saudi Goody Products Marketing Ltd., Gulf Food Industries – California Garden, Almarai Co., Luna (National Food Industries Co.), Saudia Dairy and Foodstuff Co. (SADAFCO), Del Monte Saudi Arabia Ltd

Related Reports:
https://www.kenresearch.com/food-beverage-and-tobacco/general-food/global-organic-food-beverage-market/143540-11.html

https://www.kenresearch.ae/food-beverage-and-tobacco/general-food/philippines-food-ingredients-market/142452-11.html

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/india-edible-oil-market-2022/130172-11.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. We provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies.

This release was published on openPR.