Market Size of Saudi Arabia Snack Bar Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 12.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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KSA Snacks Bar Market Analysis
The Saudi Arabian snack bar market is projected to grow ata CAGR of 12% during the forecast period (2020- 2025).
- The increased consumption of sweet baked goods, a sizeable young population, and changing lifestyles, demanding health andwellness products, are the primary drivers for the market.
- European and American companies hold major sharesinthe Saudi Arabian snack bar market.
- Convenience stores and supermarkets are the largest distribution channels for the retail sales of snack bars. They areexpected to dominate the market, during the forecast period.