Surging demand from young population is driving the growth of Saudi Arabia Non-alcoholic drinks Market, in the forecast period, 2022-2026.
According to TechSci report on, “Saudi Arabia Non-alcoholic drinks Market By Product Type (Bottled Water, Fruit Juices & Flavored Drinks, Carbonated Soft drinks, Functional/Energy & Sports Drinks, Others) By Packaging (Bottles, Cans, Cartons, Others) By Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Online, Departmental Store and Others (Institutional Sales, KIOSK)) By Region, Competition Forecast & Opportunities, 2026”, Saudi Arabia non-alcoholic drinks market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. Saudi Arabia non-alcoholic drinks market owes its growth to the factors like rapidly increasing health conscious consumers in the country. General awareness about the alcoholic drinks and their harmful effects on health if prolonged and excessive consumption is conducted. The factors are actively driving the growth of the Saudi Arabia non-alcoholic drinks market in the next five years. Also, rising inclination of the younger generation toward soda, carbonated drinks, and energy drinks is aiding to the growth of the market in the upcoming five years.
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The Saudi Arabia non-alcoholic drinks market is segmented on the basis of product type, packaging, distribution channel, competitional landscape, and regional distribution. Based on packaging, the market is bifurcated again into bottles, cans, cartons, and others. Bottles are anticipated to hold the largest revenue shares of the market on the account of surge in the demand of bottled drinks in the recent years. The consumers are more inclined for the bottle packaging in terms of its storage as well as the larger consumption volume bottle provide. Can packaging is being populated in the last five years. Sodas, carbonated drinks, soft drinks became popular in historical years. Moreover, the trend of cans among the consumers aided to the growing demand and the segment is anticipated to hold significant shares of the market in the upcoming five years.
Based on product type, the market is further segmented into bottled water, fruit juices & flavored drinks, carbonated soft drinks, functional/energy & sports drinks, and others. Bottled water is anticipated to hold the largest revenue shares of the market and assert its dominance over the growing segments on the account of surge in demand. As one of the GCC countries, the country suffers immensely with the availability of the natural water. Bottled water is one of the most demanded commodities through citizens of the country. Also, flourishing tourism industry is also aiding the demand of bottled water in the country thereby supporting the growth of the market segment in the consecutive five years from 2021. Fruit juices & flavored drinks are anticipated to hold significant shares of the market on the account of rising number of health conscious consumers and surging demand from the young population. Sports professional and athletic consumers are influencing the demand of energy drinks & sports drinks thereby aiding the growth of the Saudi Arabia non-alcoholic drinks market in the next five years.
A partial list of market player in the Saudi Arabia non-alcoholic drinks market includes Nestle water factory co ltd, Saudi snack food co. ltd, Al AUJAN holding company, AQUAT food industries co. Ltd, Middle East & North Africa beverages manufacturing co, Gulf union food company, DANYA foods ltd company, Tania water factory, Hana food industries company, Arrow beverage factory, National factory for foodstuff production AL WAHA, ABULJADAYEL beverages inc. (ab), Saudi Arabia, Al AMOUDI beverage industries company, BERAIN water & beverages factory, International refreshments co. Ltd. (IRC), Saudi Arabia, among others. These market players hold larger shares of the market than the new market players. Rapidly evolving trends and advancing techniques of manufacturing various kinds of soft drinks, sodas, and other non-alcoholic drinks is also aiding the growth of the market in the upcoming years. New market players may focus on the research and development to provide products that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
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“Non-alcoholic drinks are popular worldwide. Saudi Arabia non-alcoholic drinks market is bound to show exquisite growth in the next five years. Research and development can be conducted for the advancement of the non-alcoholic drinks and evolving techniques for their packaging would influence the consumer inclination toward the product. New market players may involve themselves with the extensive research and development. Though, aggressive advertisement, and idol promotions would help build the brand name and its position in the already flourishing market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Non-alcoholic drinks Market By Product Type (Bottled Water, Fruit Juices & Flavored Drinks, Carbonated Soft drinks, Functional/Energy & Sports Drinks, Others) By Packaging (Bottles, Cans, Cartons, Others) By Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Online, Departmental Store and Others (Institutional Sales, KIOSK)) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia non-alcoholic drinks market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia non-alcoholic drinks market.
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