Saudi Arabia Milk Powder market expected to reach US$ 699.17M by 2033 – Research &Market

SAUDI ARABIA – According to the Market and Research study, the Saudi Arabia’s milk powder market is expected to reach US$ 699.17 million by 2033 from US$ 401.4 million in 2024, with a CAGR of 6.36% from 2025 to 2033.

One major factor propelling the growth of the Saudi Arabian milk powder market is the expansion of retail networks, which include supermarkets, hypermarkets, and e-commerce platforms.

Milk powder products are becoming more widely available to a wider range of consumers, including those in both urban and rural areas, as contemporary retail outlets multiply.

Second key driver is the strong demand for baby formula, which is mostly driven by both domestic births and the country’s sizable expat population. Due to cultural choices, medical advice, and a growing tendency toward convenience in childrearing, infant formula is commonly used in Saudi Arabia.

This demand is further increased by the large number of expatriates, especially from nations with high birth rates.

Initiatives for food security and Saudi Arabia’s Vision 2030 are also key factors propelling the market for milk powder.

Vision 2030 places a strong emphasis on diversifying the economy, lowering the nation’s dependency on food imports, and promoting the growth of indigenous dairy and agricultural output.

As a result, more money is being invested in regional dairy farms, infrastructure, and technology to improve the quantity and quality of milk produced.

One challenge facing the sector is competition from local and international brands. Both domestic and foreign brands are fighting for market share in the Saudi Arabian milk powder industry, which is highly competitive.

Local dairy producers can provide goods that are suited to local tastes and needs since they have earned consumer trust and an awareness of regional preferences.

International brands, on the other hand, frequently benefit from worldwide experience, cutting-edge technology, and more robust financial resources, which allow them to provide premium, inventive goods at affordable costs.

The market for traditional milk powder is also facing a major challenge as plant-based diets are becoming increasingly popular in Saudi Arabia due to rising health and wellness consciousness.

Concerns about lactose intolerance, cholesterol, and environmental sustainability are driving consumers to look for alternatives, including almond, soy, oat, and coconut milk.

Saudi Arabia’s milk powder exports to Kuwait were US$7.59 million, Oman US$5.5 million, and Mauritania US$1.29 million, grew at the fastest rates between 2021 and 2022.

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