Saudi Arabia Tea Market Opportunity and Forecast 2025
Posted by arshiyashaikh on February 1st, 2021
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Tea in Saudi Arabia”under Food category. The Tea Market in Saudi Arabia is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Like coffee, tea recorded negative total volume growth in Saudi Arabia in 2020, primarily as a result of widespread foodservice closures in the first half of the year as the country grappled to contain the COVID-19 virus. This led to double-digit decline on-trade volume growth; however, at-home consumption increased as a result, and growth in off-trade sales of tea mitigated the impact to a certain extent.
Tea in Saudi Arabia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2016-2020, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2025 illustrate how the market is set to change.
Product coverage: Black Tea, Fruit/Herbal Tea, Green Tea, Instant Tea, Other Tea.
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Data coverage:market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Tea market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table Of Contents
Tea in Saudi Arabia
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
Despite off-trade volume growth in 2020, tea records total volume decline as foodservice volume plummets
The popularity of tea across demographics sees average unit prices remain stable in 2020, as players maintain surplus stock
Leading players in black tea offer price promotions and discounts in 2020 in an effort to retain customers
RECOVERY AND OPPORTUNITIES
On-trade volume sales will recover quickly as foodservice outlets effect new practical and digital coping strategies
Tea will remain a staple in Saudi Arabia for the foreseeable future, and unit prices will remain stable
Deepening health and wellness trends will drive growth in functional and superfood tea products
Table 1 Retail Sales of Tea by Category: Volume 2015-2020
Table 2 Retail Sales of Tea by Category: Value 2015-2020
Table 3 Retail Sales of Tea by Category: % Volume Growth 2015-2020
Table 4 Retail Sales of Tea by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Tea: % Retail Value 2016-2020
Table 6 LBN Brand Shares of Tea: % Retail Value 2017-2020
Table 7 Forecast Retail Sales of Tea by Category: Volume 2020-2025
Table 8 Forecast Retail Sales of Tea by Category: Value 2020-2025
Table 9 Forecast Retail Sales of Tea by Category: % Volume Growth 2020-2025
Table 10 Forecast Retail Sales of Tea by Category: % Value Growth 2020-2025
COVID-19 impact on hot drinks
COVID-19 country impact
Foodservice vs retail split
What next for hot drinks?
CHART 1 Hot Drinks Value Sales Growth Scenarios: 2018-2025
CHART 2 Hot Drinks Impact of Drivers on Value Sales: 2017-2025
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