Summary

Market Overview
The Saudi Arabia Fats & Oils Market was valued at USD 5.67 million in 2024 and is projected to reach USD 8.23 million by 2030, growing at a CAGR of 6.41% during the forecast period. Market growth is being propelled by increasing demand for processed and convenience foods, combined with a shift toward healthier dietary preferences. Rising disposable incomes are encouraging consumers to invest in premium cooking oils and fats, with a noticeable trend toward options perceived as healthier, such as olive and sunflower oils. The expanding food service industry—including hotels, restaurants, and catering—is further fueling consumption. Additionally, growing health awareness and global dietary influences are driving product innovation, diversification, and the introduction of new edible oil and fat offerings tailored to evolving consumer needs.
Key Market Drivers
Rapid Population Growth & Urbanization
Population growth and urbanization are key drivers contributing to the expansion of Saudi Arabia’s fats and oils market. As of 2023, the country’s population stood at approximately 33.26 million and is projected to grow by 43% to reach 47.69 million by 2050, according to the World Health Organization (WHO). This demographic surge is accelerating the consumption of convenience and ready-to-eat foods, which rely heavily on edible oils. Urban living patterns typically favor processed meals and dining out, increasing demand for fats and oils across both retail and food service channels. As cities expand and dietary habits continue to shift, demand for efficient and diverse edible oil solutions is expected to rise steadily.
Key Market Challenges
Supply Chain Vulnerabilities
Saudi Arabia’s fats and oils market faces notable supply chain challenges due to its dependence on imported edible oil raw materials, such as palm, soybean, and sunflower oils. Limited domestic oilseed production heightens exposure to global supply disruptions caused by geopolitical instability, environmental events, trade barriers, and shipping delays. These factors lead to volatility in pricing and product availability. The COVID-19 pandemic highlighted the fragility of these supply chains, contributing to temporary shortages and elevated costs. While local refining capacity is being developed, it remains insufficient to offset reliance on imports. A stable, diversified supply chain will be critical to ensure consistent access and pricing for fats and oils in the Saudi market.
Key Market Trends
Emphasis on Sustainable and Organic Products
A significant trend reshaping Saudi Arabia’s fats and oils market is the rising demand for sustainable and organic products. Consumers are increasingly drawn to natural, ethically sourced oils like cold-pressed olive, avocado, and sunflower oil. This shift is driven by a growing awareness of the health benefits of minimally processed products and a desire for transparency in production methods. Local and international manufacturers are responding with innovations in premium, infused, and organic oil offerings. Companies such as Savola Foods and Azzayt Oils Group are actively incorporating sustainability into their operations. Aligned with the goals of Vision 2030, which promotes environmental stewardship and economic diversification, this trend is positioning the Saudi market for long-term, health-conscious growth.
Key Market Players
• IFFCO Group
• Cargill Incorporated
• Areej Vegetable Oils & Derivatives S.A.O.C.
• Wilmar International Limited
• Pacific Oils & Fats Industries
• Mewah Group
• Parisons Group of Companies
• Aak India
• Fuji Oil Asia Pte. Ltd
• Bunge Global SA
Report Scope:
In this report, the Saudi Arabia Fats & Oils Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
• Saudi Arabia Fats & Oils Market, By Type:
o Fats
o Oils
• Saudi Arabia Fats & Oils Market, By Form:
o Dry
o Liquid
• Saudi Arabia Fats & Oils Market, By Application:
o Chocolate & Confectioneries
o Processed Foods
o Bakery Products
o Dairy Products
o Others
• Saudi Arabia Fats & Oils Market, By Region:
o Eastern
o Western
o Northern & Central
o Southern
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Fats & Oils Market.
Available Customizations:
Saudi Arabia Fats & Oils Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).

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Table of Contents

1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Methodology Landscape
2.2. Objective of the Study
2.3. Baseline Methodology
2.4. Formulation of the Scope
2.5. Assumptions and Limitations
2.6. Sources of Research
2.7. Approach for the Market Study
2.8. Methodology Followed for Calculation of Market Size & Market Shares
2.9. Forecasting Methodology
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
4.1. Brand Awareness
4.2. Factor Influencing Availing Decision
5. Saudi Arabia Fats & Oils Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Fats, Oils)
5.2.2. By Form (Dry, Liquid)
5.2.3. By Application (Chocolate & Confectioneries, Processed Foods, Bakery Products, Dairy Products, Others)
5.2.4. By Region
5.2.5. By Company (2024)
5.3. Market Map
6. Saudi Arabia Fats Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Form
6.2.2. By Application
7. Saudi Arabia Oils Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Form
7.2.2. By Application
8. Market Dynamics
8.1. Drivers
8.2. Challenges
9. Market Trends & Developments
9.1. Merger & Acquisition (If Any)
9.2. Product Launches (If Any)
9.3. Recent Developments
10. Porters Five Forces Analysis
10.1. Competition in the Industry
10.2. Potential of New Entrants
10.3. Power of Suppliers
10.4. Power of Customers
10.5. Threat of Substitute Products
11. Saudi Arabia Economic Profile
12. Policy & Regulatory Landscape
13. Competitive Landscape
13.1. Company Profiles
13.1.1. IFFCO Group
13.1.1.1. Business Overview
13.1.1.2. Company Snapshot
13.1.1.3. Products & Services
13.1.1.4. Financials (As Per Availability)
13.1.1.5. Key Market Focus & Geographical Presence
13.1.1.6. Recent Developments
13.1.1.7. Key Management Personnel
13.1.2. Cargill Incorporated
13.1.3. Areej Vegetable Oils & Derivatives S.A.O.C.
13.1.4. Wilmar International Limited
13.1.5. Pacific Oils & Fats Industries
13.1.6. Mewah Group
13.1.7. Parisons Group of Companies
13.1.8. Aak India
13.1.9. Fuji Oil Asia Pte. Ltd
13.1.10. Bunge Global SA
14. Strategic Recommendations
15. About Us & Disclaimer