Albany, NY -- (SBWIRE) -- 07/21/2016 -- About Food Retail Market in Saudi Arabia

Saudi Arabia is a desert country and is known as the birthplace of Islam. It is home to the religions two most sacred mosques, Masjid al-Haram in Mecca and Masjid an-Nabawi in Medina, the burial site of prophet Muhammad. It is the world's largest producer and exporter of petroleum products. It has the world's second-largest oil reserves and sixth-largest gas reserves. The country is categorized as a World Bank high-income economy with a high Human Development Index.

Technavios analysts forecast the food retail market in Saudi Arabia to grow at a CAGR of 4.9% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the food retail market in Saudi Arabia for 2016-2020. To calculate the market size, the report has taken into consideration the revenue generated from the retail sales of food products in Saudi Arabia and has not included revenue generated from on-trade sales. It also includes the market size based on volume, which has been calculated based on the retail consumption of food products.

The market is divided into the following segments based on product categories:

Cereals
Dairy
Fruits and vegetables
Meat
Other foods
Technavio's report, Food Retail Market in Saudi Arabia 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Carrefour
NESTO
Othaim Markets
Panda United
Tamimi Markets

Other prominent vendors
Al Raya Supermarkets
Al Sadhan Supermarkets
Balsharaf Supermarkets
Bin Dawood Supermarkets
Farm Supermarkets
Lulu Hypermarket
Manual Hypermarket
Marhaba Supermarkets
Sarawat Supermarkets
Star Hypermarkets

Market driver
Increase in number of retail outlets
For a full, detailed list, view our report

Market challenge
Nitaqat law
For a full, detailed list, view our report

Market trend
Increasing import of food products
For a full, detailed list, view our report

Key questions answered in this report
-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

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