Saudi Arabia Extruded Snack Food Market

Saudi Arabia Extruded Snack Food Market Overview:

The Saudi Arabia extruded snack food market size reached USD XX Million in 2024. Looking forward, IMARC Group expects the market to reach USD XX Million by 2033, exhibiting a growth rate (CAGR) of XX% during 2025-2033. The market share is expanding, driven by rising preferences for innovative snacks, which are encouraging food manufacturers to introduce new flavors. This, along with the expansion of retail channels, is stimulating the market growth.

Saudi Arabia Extruded Snack Food Market Trends:

Rising preferences for flavored and innovative snacks

The growing preferences for flavored and innovative snacks are offering a favorable Saudi Arabia extruded snack food market outlook. With a high working population, there is an escalating demand for quick and convenient snack solutions that can easily fit into busy lifestyles. As per the data released by the National Labor Laboratory (NLO), in August, the total number of private sector employees in Saudi Arabia increased to 11,572,408. People are looking for snacks that not only satisfy hunger but also offer a variety of tastes and textures, encouraging food manufacturers to introduce a wide range of flavors and new items. This demand for innovation is also driven by an expanding younger population that is more adventurous in trying new snack products. Younger consumers often seek out new tastes and trends, catalyzing the demand for more creative and diverse snack options. The popularity of these extruded snack food items is further supported by their availability in convenient and on-the-go packaging, which fits well with the fast-paced modern lifestyle. The combination of flavor preferences, innovations in snack offerings, and changing consumer habits is positively influencing the market in the country.

Expansion of retail outlets

The expansion of retail channels is fueling the Saudi Arabia extruded snack food market growth. According to industry reports, retail sales hit almost SAR670 Billion in 2024. As new retail stores, supermarkets, and convenience stores are opening in both urban and rural areas, people are gaining more opportunities to purchase extruded snack food items. Retail outlets serve as key distribution channels for snack food companies, allowing them to reach more customers through various types of stores. With more places to buy snacks, people are exposed to a broader range of options, including different flavors and packaging sizes that cater to diverse preferences. The rise in retail outlets also supports the growth of impulse buying, where individuals often pick up snacks on the go. As the retail environment is broadening, it is fostering a more competitive market, encouraging brands to introduce attractive items to stand out on crowded store shelves. Additionally, the expansion of online retail platforms allows people to easily order extruded snacks from the comfort of their homes, further boosting sales. The increased presence of retail outlets, both physical and online, is contributing to the rising demand for extruded snack food products in Saudi Arabia, making them a staple in consumers’ snack choices.

Saudi Arabia Extruded Snack Food Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type and distribution channel.

Type Insights:

• Potato
• Corn
• Rice
• Tapioca
• Mixed Grains
• Others

The report has provided a detailed breakup and analysis of the market based on the type. This includes potato, corn, rice, tapioca, mixed grains, and others.

Distribution Channel Insights:

• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Food Stores
• Online Retail
• Others

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes supermarkets/hypermarkets, convenience stores, specialty food stores, online retail, and others.

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Extruded Snack Food Market News:

• In August 2024, National Biscuits & Confectionery Company Ltd (NBCC), a leading manufacturer of ready-to-eat (RTE) biscuits, cookies, wafers, and extruded snacks located in Jeddah, Saudi Arabia, attained certification for the BRCGS Global Standard Food Safety Issue 9 from SGS. This esteemed certification signified an important milestone in the company's dedication to food safety and quality. It encompassed the production of flavored coated and uncoated popcorn, as well as extruded corn-based snacks, which included processes, such as extrusion, drying, flavoring, coating, and cooling.

Saudi Arabia Extruded Snack Food Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia extruded snack food market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia extruded snack food market on the basis of type?
• What is the breakup of the Saudi Arabia extruded snack food market on the basis of distribution channel?
• What is the breakup of the Saudi Arabia extruded snack food market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia extruded snack food market? 
• What are the key driving factors and challenges in the Saudi Arabia extruded snack food market?
• What is the structure of the Saudi Arabia extruded snack food market and who are the key players?
• What is the degree of competition in the Saudi Arabia extruded snack food market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia extruded snack food market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia extruded snack food market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia extruded snack food industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.