Market Introduction
Coffee is extensively consumed by all age groups in Saudi Arabia. Arabica coffee is a traditional drink served at all social gatherings, including weddings, get together, and family functions in Saudi Arabia. Coffee is known as Qawah in the country. Usually, traditional coffee vendors in the country roast coffee beans in front of consumers and serve coffee in Arabic pots known as Dallah. The increasing consumption of coffee in Saudi Arabia is one of the primary factors driving the market growth in the country. The demand for specialty coffee is also increasing among the younger population in the country with the rising influence of western café culture and changing tastes and preferences.
Market Overview and Dynamics
The Saudi Arabia coffee market share was valued at US$ 1,575.52 million in 2021 and is projected to reach US$ 2,220.70 million by 2028. It is expected to grow at a CAGR of 5.1% from 2021 to 2028.
Coffee is one of the widely consumed beverages in Saudi Arabia. According to Food and Agriculture Organization (FAO), in 2019, coffee consumption in the country was 1.77 kg per capita. Due to the rising consumption of coffee in Saudi Arabia, its imports have increased. According to the Public Investment Fund (PIF) of Saudi Arabia, the country's coffee imports account for SR 1.16 billion (US$ 308.95 million) annually, and the country imported ~80,000 metric tons of coffee in 2020. The rising number of immigrants and foreign tourists in Saudi Arabia also contributes to the growing coffee consumption. Therefore, the country's demand for latte, frappe, cappuccino, and macchiato is increasing.
Furthermore, the country's retail infrastructure has significantly evolved, and consumers can choose coffee among various brands available at offline and online stores. Hence, the high availability of international and domestic coffee brands across multiple retail channels propels the consumption of coffee. Thus, the increasing consumption of coffee drives the Saudi Arabia coffee market growth in the forecast period.
Key Market Segments
Based on category, the Saudi Arabia coffee market is segmented into organic and conventional. In 2020, the conventional segment held the largest market share owing to its affordability and easy availability. Additionally, based on the distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. Among these distribution channels, online retail is the fastest growing distribution channel as Online retail stores offer a comprehensive range of products and heavy discounts. Consumers can conveniently buy desirable products remotely.
Major Sources and Companies Listed
A few major primary and secondary sources referred to while preparing the Saudi Arabia coffee market report are company websites, annual reports, financial reports, national government documents, and statistical databases. Baja; Brew92; ILLYCAFFè S.P.A.; KIMBO SPA; ZINO DAVIDOFF; Keurig Dr Pepper, Inc.; Luigi Lavazza Spa; Starbucks Corporation; Jacobs Douwe Egberts Gb Ltd.; and Nestle S.A are the major companies listed in the report. These companies face competition on the basis of wide product portfolio. Moreover, companies are adopting various development strategies to enhance their market share.
Reasons to Buy Report
Saudi Arabia Coffee Market – by Product Type
Saudi Arabia Coffee Market – by Category
Saudi Arabia Coffee Market – by Distribution Channel
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 1,575.52 Million |
| Market Size by 2028 | US$ 2,220.70 Million |
| CAGR (2021 - 2028) | 5.1% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product Type
|
|
Regions and Countries Covered
|
|
| Saudi Arabia | |
| Market leaders and key company profiles |
|
Saudi Arabia Coffee Market - List of 10 Companies
1. Baja
2. Brew92
3. ILLYCAFF? S.P.A.
4. KIMBO S.P.A
5. ZINO DAVIDOFF
6. Keurig Dr Pepper, Inc.
7. Luigi Lavazza Spa
8. Starbucks Corporation
9. Jacobs Douwe Egberts Gb Ltd.
10. Nestle S.A
The Saudi Arabia Coffee Market is valued at US$ 1,575.52 Million in 2021, it is projected to reach US$ 2,220.70 Million by 2028.
As per our report Saudi Arabia Coffee Market, the market size is valued at US$ 1,575.52 Million in 2021, projecting it to reach US$ 2,220.70 Million by 2028. This translates to a CAGR of approximately 5.1% during the forecast period.
The Saudi Arabia Coffee Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Saudi Arabia Coffee Market report:
The Saudi Arabia Coffee Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Saudi Arabia Coffee Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Saudi Arabia Coffee Market value chain can benefit from the information contained in a comprehensive market report.
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