Saudi Arabia Canned Food Market Industry Trends & Forecast Report, 2030
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia Canned Food Market size by value USD 1.73 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Saudi Arabia Canned Food Market size to expand at a CAGR of 4.7% reaching a value of USD 2.28 billion by 2030. The Canned Food Market in Saudi Arabia is propelled the expanding urban population, increasing female workforce participation, and higher expenditure on food. Additionally, growth in religious tourism during Hajj and Umrah, coupled with ongoing advancements in product and packaging, play pivotal roles in market expansion. The market, having achieved maturity, is characterized by a handful of dominant competitors. The Kingdom's burgeoning tourism sector is poised for substantial growth, presenting a significant opportunity for the canned food industry. As the economic hub of the Arab region, Saudi Arabia's food p...