Saudi Arabia Fruit Juice Market is Projected to Expand at a Significant CAGR during the forecast period 2020-2027 | Research Report Forecast

Saudi Arabia Fruit Juice Market

The Saudi Arabia Fruit Juice Market is estimated to grow at a higher CAGR over the forecast period (2020-2027).

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The factors driving growth of the Saudi Arabia Fruit Juice Market includes growing consumption of sports and energy drinks, rising consumers inclination towards adopting healthy diets, changing lifestyle patterns, increasing consumer preference for natural and healthy alternatives over carbonated beverages and rapid urbanization. For instance, the revenue generated from the sales of energy & Sports drinks is expected to reach USD 513 million by the end of 2022, expanding at a CAGR of 8.14%, over the forecast period (2022-2026), which will accelerate the market growth in the approaching years. Moreover, growing adoption of advanced technologies by manufacturers, increase in the launch of innovative fruit juices, introduction of different flavors, rising demand for halal food across Saudi Arabia and improvements in the living standards, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, strategic partnerships between enterprises and growing disposable incomes, are further contributing to the market growth.

Based on Product, the 100% Fruit Juice segment is predicted to capture the largest market share during the forecast period

As per the Saudi Arabia Fruit Juice Market Trends, growing demand for pure fruit juices among millennials, is pushing growth of the segment.

Based on Distribution Channel, the Hypermarkets & Supermarkets segment is projected to dominate the market over the forecast period

As per the Saudi Arabia Fruit Juice Market Forecast, hypermarkets offer wide range of fruit juices at attractive discount offers and provide free-home delivery options on certain purchases, are augmenting growth of the segment.

Based on Flavor, the Mixed Fruit segment is anticipated to hold the highest market share during the forecast period

Mixed fruit juices are gaining popularity because it helps in reducing the risk of cancer, enhancing immune systems, comes with blend of fresh fruit and improves digestion, are some of the factors propelling the segment's growth. 

Market Segmentation

Segmentation by Product

100% Fruit Juice
Nectars
Concentrates
Others

Segmentation by Distribution Channel

Hypermarkets & Supermarkets
Specialty Stores
Online
Convenience Stores
Others

Segmentation by Flavor

Orange
Apple
Mango
Mixed Fruit
Others

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