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Savory Snacks in Saudi Arabia, 2019 - Savory Snacks Sector is Expected to Witness Value Growth at a CAGR of 6.5% 2018-2023 - ResearchAndMarkets.com

December 17, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Dec 17, 2019--

The “Top Growth Opportunities: Savory snacks in Saudi Arabia, 2019” report has been added to ResearchAndMarkets.com’s offering.

Summary

Top Growth Opportunities for Savory Snacks in Saudi Arabia provides recommended actions and detailed analysis of how to target the best growth opportunities for Savory Snacks producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Savory Snacks markets in Saudi Arabia through the detailed and robust data, expert insight, and case studies.

The Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for savory snacks producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them.

Among the top 10 high-potential countries, the Saudi Savory Snacks sector ranked ninth on the Opportunity Score and was valued at US$436.5 million in 2018. Supported by solid GDP growth of 2.2% in 2018 and continued positive macroeconomic performance, the Saudi savory snacks sector is poised to witness value growth at a CAGR of 6.5% over 2018-2023. Furthermore, consumer confidence and expenditure has been maintained despite the ongoing tensions with Iran in the Middle East. Nevertheless, from a macroeconomic perspective, these increasing tensions may impact the economy - such as when drones disabled 50% of Saudi Arabia’s oil output in 2019.

Get access to:

Scope

Reasons to buy

Key Topics Covered:

1. Introducing a top growth market for Savory Snacks

2. Market insight - identifying the opportunities to move into

3. Retail and distribution insight - key channels and retailers driving growth

4. Company and brand insight - the competitive landscape defined

5. Consumer insight - who, what, when, where and why

6. Product and packaging insights

7. White spaces and innovation opportunities - space to move into

8. Appendix and Definitions

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/joajkk

View source version on businesswire.com:https://www.businesswire.com/news/home/20191217005387/en/

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KEYWORD: MIDDLE EAST SAUDI ARABIA

INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 12/17/2019 06:10 AM/DISC: 12/17/2019 06:10 AM

http://www.businesswire.com/news/home/20191217005387/en