8/14/2025, 2:58:46 AM | finance.yahoo.com | news

    Saudi Arabia's Frozen Vegetables Market to Reach $1.4 Billion by 2027

    The Saudi Arabia frozen vegetables market is projected to grow from USD 416.9 million in 2024 to USD 659.62 million by 2033, with a compound annual growth rate (CAGR) of 5.23%. Key drivers include urbanization, expanding retail infrastructure, rising health awareness, and increased demand for convenient, nutritious meal options. Advances in cold chain logistics and technological innovations like Individually Quick Freezing (IQF) are improving product quality and availability. The foodservice sector, fueled by tourism growth, is a major contributor to market expansion. However, challenges such as consumer preference for fresh produce and high import dependency remain significant barriers. Major players include Conagra Brands, Unilever PLC, Hormel Foods, The Kraft Heinz Company, Nomad Foods Ltd, and B&G Foods, Inc., with Greenyard also noted as a key player.

    Read more on finance.yahoo.com