Saudi Arabia Confectionery Market to Reach USD 1.92 Billion by 2033 - Imarc Group

The latest report by IMARC Group, titled "Saudi Arabia Confectionery Market Size, Share, Trends and Forecast by Product Type, Age Group, Price Point, Distribution Channel, and Region, 2025-2033," offers a comprehensive analysis of the Saudi Arabia confectionery market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Saudi Arabia confectionery market size reached USD 1.21 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1.92 Billion by 2033, exhibiting a growth rate (CAGR) of 5.30% during 2025-2033.

Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 1.21 Billion
Market Forecast in 2033: USD 1.92 Billion
Market Growth Rate 2025-2033: 5.30%

Saudi Arabia Confectionery Market Overview

The Kingdom of Saudi Arabia has a thriving confectionery market growing under consumer tastes, increased personal disposable incomes, and a booming retail sector. The health-conscious consumer has been influencing product innovations and various demand diversification for premium and sugar-free confectioneries. The rising influence of western food trends and the seasonal demand peaks typical in religious and national festivals have further boosted the market dynamics.

Request For Sample Report:
https://www.imarcgroup.com/saudi-arabia-confectionery-market/requestsample

Saudi Arabia Confectionery Market Trend and Market Drivers

The confectionery market is on its way to growth in Saudi Arabia due to increasing urbanization, westernization in eating habits, and a young population that prefers sweet treats. With the popularity of product segments such as premium chocolates, artisanal candy, and functional confectionery products such as vitamin- or probiotic-enriched confectioneries, the market was redefining itself in all aspects. Further improvement is in the presence of strong retail infrastructure combined with the fast-growing online grocery channels. Meanwhile, domestic players are boosting their halal-certified production in line with cultural and dietary preferences.

Saudi Arabia Confectionery Market Segmentation

1. By Product Type
o Chocolate
o Sugar Confectionery
o Gum

2. By Age Group
o Children
o Adults
o Geriatric

3. By Price Point
o Economy
o Mid-Range
o Premium

4. By Distribution Channel
o Supermarkets and Hypermarkets
o Convenience Stores
o Online Stores
o Others

5. By Region
o Northern and Central Region
o Western Region
o Eastern Region
o Southern Region

Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/saudi-arabia-confectionery-market

Saudi Arabia Confectionery Market News

June 2024: One major candy company has raised the curtains on a newly released date gradation chocolate bar, catering both to the conventionalists and even younger consumers. It essentially targeted the arsenic market of consumers, in keeping with the love of the dollars for dates, and it's a growing market around healthy indulgences.
April 2024: A partner with the European brands is none other than a leading Saudi retailer, the very famous one in the country, who has now brought in sugar-free and vegan artisanal candies for its online and offline outlets. This is strengthening the trend toward health-conscious confections.

Key Highlights of the Report

1. Market Performance (2019-2024)
2. Market Outlook (2025-2033)
3. COVID-19 Impact on the Market
4. Porter's Five Forces Analysis
5. Strategic Recommendations
6. Historical, Current and Future Market Trends
7. Market Drivers and Success Factors
8. SWOT Analysis
9. Structure of the Market
10. Value Chain Analysis
11. Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Ask analyst for your customized sample: https://www.imarcgroup.com/request?type=report&id=31993&flag=E

Contact Us
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145

About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC's offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.