Saudi Arabia Infant Nutrition Market Size & Outlook
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Saudi Arabia infant nutrition market highlights
- The Saudi Arabia infant nutrition market generated a revenue of USD 14.0 million in 2023 and is expected to reach USD 23.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, infant milk formula was the largest revenue generating product in 2023.
- Infant Milk Formula is the most lucrative product segment registering the fastest growth during the forecast period.
Infant nutrition market data book summary
Market revenue in 2023 | USD 14.0 million |
Market revenue in 2030 | USD 23.2 million |
Growth rate | 7.5% (CAGR from 2023 to 2030) |
Largest segment | Infant milk formula |
Fastest growing segment | Infant Milk Formula |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Infant Milk Formula, Baby Food, Follow-on-Milk, Other Products |
Key market players worldwide | Nestle SA, Walgreens Boots Alliance Inc, Danone SA, Abbott Laboratories, The Hain Celestial Group Inc, Holle baby food, China Mengniu Dairy Co Ltd, Perrigo Co PLC, The Kraft Heinz Co, Dana Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 3.8% of the global infant nutrition market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE infant nutrition market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.6 million by 2030.
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Infant Nutrition Market Scope
Infant Nutrition Market Companies
Name | Profile | # Employees | HQ | Website |
---|---|---|---|---|
Holle baby food | View profile | 1-10 | Riehen, Basel-Stadt, Switzerland, Europe | https://www.holle.ch/en/ |
Perrigo Co PLC | View profile | 9140 | The Sharp Building, Hogan Place, Dublin, Ireland, D02 TY74 | https://www.perrigo.com |
The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
Dana Inc | View profile | 42000 | 3939 Technology Drive, Maumee, OH, United States, 43537 | https://www.dana.com |
Walgreens Boots Alliance Inc | View profile | 331000 | 108 Wilmot Road, Deerfield, IL, United States, 60015 | https://www.walgreensbootsalliance.com |
China Mengniu Dairy Co Ltd | View profile | 46064 | 262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, Hong Kong, | https://www.mengniuir.com |
The Hain Celestial Group Inc | View profile | 2837 | 4600 Sleepytime Drive, Co, Boulder, DE, United States, 80301 | https://www.hain.com |
Danone SA | View profile | 88843 | 17, Boulevard Haussmann, Paris, France, 75009 | https://www.danone.com |
Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Saudi Arabia infant nutrition market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to infant nutrition market will help companies and investors design strategic landscapes.
Infant milk formula was the largest segment with a revenue share of 39.29% in 2023. Horizon Databook has segmented the Saudi Arabia infant nutrition market based on infant milk formula, baby food, follow-on-milk, other products covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Saudi Arabia infant nutrition market databook
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Our clientele includes a mix of infant nutrition market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia infant nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia infant nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia infant nutrition market report size, by form, 2018-2030 (US$M)
Saudi Arabia Infant Nutrition Market Outlook Share, 2023 & 2030 (US$M)
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