The Saudi Arabia Camel Milk Market is expected to grow at a higher CAGR over the forecast period (2020-2027).
The factors driving growth of the Saudi Arabia Camel Milk Market includes increasing prevalence of diabetes around the world, growing popularity of flavored milk, laban and cheese products, rising consumers inclination towards adopting healthy diets and improvements in the living standards. According to the report published by National Library of Medicine (NLM), the prevalence of type 2 diabetes across Saudi Arabia was estimated around 35.37% in 2020 and is expected to reach 40.37% by the end of 2025, which will accelerate the market growth in the approaching years. Moreover, increasing availability of camel milk products at online stores, growing adoption of advanced technologies by manufacturers, increasing influence of western culture and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, strategic partnerships between enterprises, rise in the launch of innovative products and growing disposable incomes, are further contributing towards the market growth.
However, growth of the market is hindered because camel milk products are comparatively expensive than other milk products.
The major players operating in the market are Al Rawabi Dairy Saudi Arabia, Desert Farms, Inc., Aadvik Foods, Camelicious and Al-Turath, among others.
Based on Product Type, the Plain Milk segment is predicted to grow at a significant CAGR during the forecast period
Growing awareness about the health benefits offered by pained camel milk, increasing per capita incomes and rapid industrialization and rising population growth, are some of the factors propelling the segment’s growth.
Based on Distribution Channel, the Offline segment is projected to expand at a remarkable CAGR over the forecast period
Offline distribution channels offer wide range of flavored camel milk products at attractive discounts and provides free home delivery options on bulk purchases, are some of the important factors augmenting the segment’s growth.
Market Segmentation
Segmentation by Product
- Plain Milk
- Flavored Milk
- Powder
- Ice Cream
- Fermented
- Others
Segmentation by Distribution Channel
- Offline
- Online
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: https://www.gmiresearch.com/
