The convenience food market in Saudi Arabia was valued at 3.21 billion USD in 2016 (calculated in retail selling prices). From 2016 to 2020, it grew at a compound annual growth rate (CAGR) of 2.29% to reach 3.52 billion USD. The market is segmented into ready meals and soups and broths. In 2020, the segments recorded shares of 80% and 20%, respectively.
In 2016, the per capita consumption value of convenience food in Saudi Arabia was 99.03 USD (in retail prices). Until 2020, the consumption increased at a CAGR of 0.50% to reach 101.02 USD. That was higher than the average value for Middle East, whose per capita consumption of convenience food was equal to 94.64 USD in 2020.
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