The cooking and edible oils market in Saudi Arabia was estimated at USD 991 million in 2023 and is expected to hit USD 1,680 million by 2029, registering a CAGR of 9.2% from 2024 to 2029 as per the latest market estimates. In Saudi Arabia, the growth of the cooking and edible oils market is primarily driven by heightened health consciousness and the increasing prevalence of specialty diets. As consumers become more aware of the health implications of dietary fats, there is a marked shift towards oils perceived as healthier, such as those rich in omega-3 fatty acids or derived from organic sources.
Additionally, the rise of specialty diets, including veganism and low-carb eating plans, is creating demand for specific types of cooking oils that align with these dietary preferences. Enhanced product innovation and the introduction of fortified oils further cater to health-focused consumers, reinforcing market growth in these regions.
The report delivers an in-depth analysis of the Saudi Arabia cooking and edible oils industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product, packaging type, and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the cooking and edible oils market.
Market Segmentation
The following outlines the segmentation of the cooking and edible oils market in Saudi Arabia:
Product: olive oil, corn oil (maize oil), palm oil, rapeseed oil (canola oil), sunflower oil, others
Packaging type: glass bottles, metal containers, plastic bottles
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, others
The Saudi Arabia cooking and edible oils market is segmented on the basis of product, packaging type, and distribution channel. On the basis of product, the cooking and edible oils market in Saudi Arabia has been segmented into olive oil, corn oil (maize oil), palm oil, rapeseed oil (canola oil), sunflower oil, and others. By packaging type, the cooking and edible oils market in Saudi Arabia has been segmented into glass bottles, metal containers, and plastic bottles. Based on distribution channel, the cooking and edible oils market in Saudi Arabia is categorized into convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The Saudi Arabia cooking and edible oils market is highly competitive. Some of the leading companies operating in the market are Al Ghurair Group, Al Jouf Agricultural Development Company SJSC, Almarai Company, Binzagr Company, Deoleo S.A., Essam Kabbani Co. Ltd., IFFCO Group, Industrial Kingdom SARL, Kobayter S.A., Orient Provision & Trading Co. Ltd., Rafael Salgado SA, Savola Group, Shams Co, The National Agricultural Development Company (NADEC), Upfield Holdings B.V.
This report delivers an in-depth breakdown of key players within the Saudi Arabia cooking and edible oils market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Saudi Arabia cooking and edible oils market.
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Gain deep insights into the dynamics of the Saudi Arabia cooking and edible oils market.
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Anticipate the future trajectory of the Saudi Arabia cooking and edible oils market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSaudi Arabia cooking and edible oils market – product analysis
Saudi Arabia cooking and edible oils market – packaging type analysis
Saudi Arabia cooking and edible oils market – distribution channel analysis
Key players and market share
– Al Ghurair Group
– Al Jouf Agricultural Development Company SJSC
– Almarai Company
– Binzagr Company
– Deoleo, S.A.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Saudi Arabia cooking and edible oils market 2019-2029
Chart Saudi Arabia cooking and edible oils market, net growth, 2019-2029
Chart Saudi Arabia cooking and edible oils market, growth rates, 2019-2029
Table Saudi Arabia cooking and edible oils market by product, 2019-2029
Chart Saudi Arabia cooking and edible oils market by product, CAGR historic and forecast, 2019-2029
Chart Saudi Arabia cooking and edible oils market by product, 2019-2029
Table Saudi Arabia cooking and edible oils market by packaging type, 2019-2029
Chart Saudi Arabia cooking and edible oils market by packaging type, CAGR historic and forecast, 2019-2029
Chart Saudi Arabia cooking and edible oils market by packaging type, 2019-2029
Table Saudi Arabia cooking and edible oils market by distribution channel, 2019-2029
Chart Saudi Arabia cooking and edible oils market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Saudi Arabia cooking and edible oils market by distribution channel, 2019-2029
Table Saudi Arabia cooking and edible oils market share (%), by companies, 2019-2023
Chart Saudi Arabia cooking and edible oils market, by companies, 2023
Table Saudi Arabia cooking and edible oils market share (%), by brands, 2019-2023
Chart Saudi Arabia cooking and edible oils market, by brands, 2023
Table Saudi Arabia – population (millions) and forecast
Table Saudi Arabia – consumer price index (CPI) and forecast
Table Saudi Arabia – gross domestic product and forecast
Table Saudi Arabia cooking and edible oils market: spend as a proportion of GDP (%)
Table Saudi Arabia cooking and edible oils market: consumption per capita (population)