Saudi Arabia Bakery Products Market (2023-2029) | Revenue, Size & 6Wresearch
Saudi Arabia bakery products market witnessed decent growth in the year 2019 on the back of growth shown by the hospitality sector which showed no sign of slowing with 64,000 hotel rooms and 187 hotel projects added to the supply list in 2019 coupled with a rise in demand for ready-to-eat food products. However, the outbreak of the Covid-19 pandemic caused disruption in the supply chain as well as imports of raw materials such as wheat, which created a shortage of raw material supply, furthermore the closure of confectioneries, restaurants, retail establishments and other places of business to limit the spread of COVID-19 had significantly impacted bakery business. Although, due to fear of the sudden imposition of the lockdown trend of bulk buying of bakery products was seen in the country in 2020. According to 6wresearch, the Saudi Arabia bakery products market revenue size is projected to grow at a CAGR of 3.3% during 2023-2029. The growth associated with the bakery market duri...