The market is dominated by domestic suppliers, as imports account for 0.9% of total market size in 2023. Households drive market demand, with household spending representing 99.0% of total demand in 2023. Saudi Arabia has the largest market size for soft drinks regionally, with demand reaching USD14.7 billion in 2023. Masfufet Commercial Business Holding Group is the largest company in Saudi Arabia, generating 8.0% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 32.1% of total production value in 2023. The total number of companies increases in 2023, to 1,112 units. The costs of the industry decrease by 6.7% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 27.9% of production value in 2023, the eighth highest regionally. The industry’s exports share decreases in 2023 to 1.2% of total production output. With production value of USD5.2 billion, Saudi Arabia accounts for 28.0% of the Middle East and North Africa total in 2023.
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This Euromonitor industrial report provides unique information on Soft Drinks in Saudi Arabia: ISIC 1554. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Soft Drinks in Saudi Arabia: ISIC 1554 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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