Dublin, Feb. 05, 2025 (GLOBE NEWSWIRE) — The “Saudi Arabia Dairy Enzymes Market, By Region, Competition, Forecast & Opportunities, 2020-2030F” report has been added to ResearchAndMarkets.com’s offering.
The dairy enzymes market in Saudi Arabia is experiencing robust growth, with significant advancements propelled by the country’s concerted efforts toward food security and economic diversification. Dairy enzymes, crucial elements in dairy production, are witnessing increased demand due to their role in enhancing quality, efficiency, and innovation in dairy products.
The market’s growth is primarily driven by the rising demand for processed dairy products, supportive government policies under the Vision 2030 initiative, and technological advancements in enzyme production. With Saudi Arabia achieving a remarkable 120 percent self-sufficiency in dairy products, the region’s industry is not only satisfying domestic needs but also extending its reach globally.
The proliferation of lactase enzymes, due to the high prevalence of lactose intolerance, has cornered a substantial market share. This trend is anticipated to continue, aligning with the health-conscious movements and the growing appeal for lactose-free dairy alternatives. The milk segment, a staple in the Saudi diet, dominates the enzyme market, while the burgeoning demand for microorganism-sourced enzymes due to their scalability and regulatory compliance underscores the significant segmental shifts shaping the industry.
Geographically, the Northern & Central regions are market strongholds, buoyed by populous cities with heightened dairy consumption and well-established economic activity. Dairy processing facilities gravitating towards these urban hubs further stimulate enzyme demand. Industry Forecast
Looking ahead, the market trajectory appears positive, with expectations to reach USD 196.98 Million by 2030. The momentum is being carried by dynamic consumer preferences, emphasis on sustainable and clean label products, and the rising export potential that broadens the horizon for the country’s dairy enzyme industry.
Leading companies in the dairy enzymes domain are contributing to this vibrant market landscape through strategic investments, research and development, and commitment to quality. They play a fundamental role in meeting evolving consumer preferences and sustaining the industry’s growth momentum. In conclusion, the Saudi Arabia Dairy Enzymes Market is a significant contributor to the Kingdom’s food industry, driving innovation and value-creation in alignment with national economic goals. The anticipated growth, pivoting on consumer health trends, technological advancements, and strategic government initiatives, underscores the market’s promising future.
Key Attributes:
Report Attribute | Details |
No. of Pages | 83 |
Forecast Period | 2024 – 2030 |
Estimated Market Value (USD) in 2024 | $121.66 Million |
Forecasted Market Value (USD) by 2030 | $196.98 Million |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Saudi Arabia |
Companies Featured
- Dow Saudi Arabia
- Safana Ideal Trading Co. (Futura Ingredients)
- Juffali-Univar Saudi Arabia Chemicals Company, LLC
- United National Dairy Co.
- Arla Foods Saudi Arabia
For more information about this report visit https://www.researchandmarkets.com/r/ptpmkb
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
- Saudi Arabian Dairy Enzymes Market