Report Code : CVMI24050425 | Published Date : May 9, 2024
The Saudi frozen bakery market is projected to grow from SAR 2.1 billion (approx. USD 560 million) in 2024 to SAR 5.8 billion (USD 1.55 billion) by 2035, achieving a CAGR of 9.7%. This growth is fueled by:
1.1 Market Evolution Timeline
Period |
Key Development |
Impact |
2017-2020 |
Basic frozen pita/paratha adoption |
22% household penetration |
2021-2024 |
Halal premium pastry launches |
38% premium segment growth |
2025-2030 |
Smart freezer infrastructure rollout |
45% reduction in cold chain losses |
1.2 Consumer Behavior Shifts
- Expat Influence: European-style croissants now available in 47% of Riyadh households
- Hospitality Demand: 5-star hotels source 68% of their bakery items from frozen
- Ramadan Sales: Frozen kunafa dough experiences a 400% seasonal demand increase.
2. Growth Accelerators
2.1 Mega Trends Driving Adoption
- Urban Working Women: 58% buy frozen breakfast items weekly
- Tourism Boom: Over 30 million visitors annually boosting the bakery industry demand
- Health Awareness: Sugar-free frozen options are growing at 21% YoY
2.2 Supply Chain Advancements
Technology |
Adoption Rate |
Impact |
Solar-powered freezers |
42% of retailers |
35% energy cost reduction |
Blockchain tracking |
28% of brands |
39% fewer expired goods |
AI demand forecasting |
19% of suppliers |
27% less waste |
2.3 Regulatory Support
- SASO Halal Standards: Required for all frozen bakery products imports
- Vision 2030 Subsidies: 18% rebate on local production facilities
3. Untapped Opportunities
3.1 Product Innovation Potential
- Date-infused pastries: Aligning with national agriculture strategy
- Camel Milk Croissants: Differentiating in the GCC markets
- Iftar-ready products: Pre-portioned dough for Ramadan
3.2 White Space Analysis
Segment |
Current Penetration |
2035 Potential |
Hyperlocal bakeries |
12% |
34% |
Oil camp supplies |
8% |
27% |
Airline catering |
15% |
39% |
Reasons To Buy

Scope


