Saudi Arabia Dairy Market is Expected to Grow with a CAGR of 5.66% through 2026
Rising health problems and increasing focus on value added products are some key factors driving the growth of Saudi Arabia dairy market. According to TechSci Research report, “ Saudi Arabia Dairy Market By Type (Drinking Milk, Cheese, Yogurt, Ghee & Butter & Others), By Distribution Channel (Supermarket/Hypermarket, Grocery Retail, Online, & Others), By Region, Competition Forecast & Opportunities, 2026” , the market was valued at USD5726.42 million in 2020, and it is estimated to reach USD7940.77 million by the end of 2026 growing with a CAGR of 5.66% in the forecast period. Key factors propelling the growth of Saudi Arabia dairy market are flourishing dairy industry, increasing disposable income, and entry of new market players. The growing consumption of milk and other dairy products coupled with increasing awareness pertaining to the benefits of milk and related products are also accelerating the growth of dairy market in the...