Saudi Dairy Market to Grow at a CAGR of Around 10% Through 2030

Argaam Intelligence has announced the release of its specialized report on the dairy and dairy products market in the Kingdom of Saudi Arabia, providing a comprehensive analysis of market performance over recent years, along with a forward-looking outlook through 2030. The report is part of the company’s ongoing efforts to support the business environment by offering reliable economic data and insights that enhance investment decision-making in key sectors.

The report delivers an in-depth assessment of the dairy market, highlighting key growth drivers, changing consumption patterns, and the expansion of institutional demand linked to the tourism, hospitality, and retail sectors. It also analyzes value chains, foreign trade, competitive structures, and the regulatory and technological developments shaping the market, in addition to outlining investment opportunities and challenges facing manufacturers and investors.

According to the report, the Saudi dairy and dairy products market is expected to achieve a compound annual growth rate (CAGR) of approximately 10.4% through 2030, driven by rising domestic demand, increased consumer spending, and strong expansion in the hotels, restaurants, and cafés (HORECA) sector. These factors are further supported by food industry localization programs and local content enhancement initiatives aligned with Saudi Vision 2030.

The report also emphasizes the growing importance of the dairy sector as a core component of the national food security system and a key non-oil contributor to economic growth. Going beyond descriptive statistics, the study provides deeper insights into market dynamics and future investment potential.

The Argaam Intelligence team noted that the report is designed to support decision-makers and investors by linking market indicators with economic, demographic, and sectoral variables, thereby improving investment decision quality and aligning with the ongoing transformation of the Saudi economy.

The team added that this report is part of a broader series of specialized market studies issued by Argaam, aimed at analyzing and evaluating priority sectors in the Saudi market, reinforcing the company’s role as a trusted source of economic and market intelligence, and a key contributor to transparency and informed investment decisions.

The dairy and dairy products sector remains a strategic pillar in achieving Saudi Vision 2030 objectives, given its role in strengthening food security, developing food processing industries, reducing reliance on imports, and creating promising investment opportunities across production, manufacturing, distribution, and logistics. (source: argaam)