Summary

Market Overview
The Saudi Arabia Meat Substitutes Market was valued at USD 124.56 Million in 2024 and is projected to reach USD 168.56 Million by 2030, growing at a CAGR of 5.17% during the forecast period. The market is steadily expanding as rising health consciousness and environmental awareness among consumers drive a shift toward plant-based diets. With an increasing prevalence of lifestyle-related health conditions, a growing number of consumers are adopting alternative protein sources to support healthier living. Environmental concerns and ethical considerations surrounding animal farming are also influencing dietary preferences, particularly among younger, more informed demographics. Additionally, the increasing presence of modern retail outlets and e-commerce platforms has made meat substitute products more accessible, supporting consumer adoption. Government initiatives aimed at food innovation and sustainable agriculture further enhance the market’s growth prospects. As plant-based food technologies continue to evolve and consumer preferences shift, demand for meat substitutes in Saudi Arabia is expected to grow steadily.
Key Market Drivers
Rising Expat Population Across the Region
The increasing expatriate population in Saudi Arabia is a key driver of the meat substitutes market. As of 2022, approximately 13.38 million foreign residents accounted for 41.6% of the country's total population of 32.2 million. Many of these individuals come from regions where plant-based diets are common, leading to heightened demand for meat alternative products. This multicultural consumer base brings diverse dietary habits that support the growth of the meat substitutes segment. The widespread availability of plant-based products through modern retail and online channels has further boosted accessibility and adoption. As the expatriate population continues to grow, it is expected to play a vital role in shaping food consumption patterns and driving expansion within the meat substitutes market in Saudi Arabia.
Key Market Challenges
High Price Point
A significant challenge confronting the meat substitutes market in Saudi Arabia is the high price point of plant-based alternatives compared to conventional meat products. This cost disparity is largely due to factors such as higher production costs, limited local sourcing, and a heavy reliance on imported ingredients like soy or pea protein. Additionally, the plant-based industry in the region is still emerging, and the lack of economies of scale contributes to elevated retail prices. These pricing barriers reduce affordability and limit access for price-sensitive consumers, despite increased health and environmental awareness. To overcome this challenge, greater investment in local manufacturing, supply chain development, and cost-effective sourcing is needed. Addressing these price issues is essential to achieving broader market penetration and consumer adoption.
Key Market Trends
Environmental Sustainability Concerns
Growing environmental awareness is a prominent trend driving demand for meat substitutes in Saudi Arabia. Traditional meat production is associated with high greenhouse gas emissions, deforestation, and excessive resource use, prompting consumers to seek more sustainable dietary choices. Plant-based meat alternatives, which have a significantly lower environmental footprint, are gaining popularity among eco-conscious consumers. In line with Vision 2030, the Saudi Ministry of Environment, Water, and Agriculture is actively supporting sustainable food innovation by encouraging the development of plant-based foods using locally available agricultural inputs. This government backing, coupled with increasing public interest in environmental issues, is fostering the growth of meat alternatives. As sustainability becomes a central focus of food industry transformation, the trend toward plant-based consumption is likely to accelerate across the Kingdom.
Key Market Players
• Vbites
• Sonic Biochem
• MGP Processing, Inc
• Beyond Meat Inc.
• Amy's Kitchen, Inc.
• Quorn Foods
• Archer Daniels Midland Company
• Gooddot
• Imagine Meats
• Livekindly Company, Inc
Report Scope:
In this report, the Saudi Arabia Meat Substitutes Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
• Saudi Arabia Meat Substitutes Market, By Type:
o Soy Products
o Quorn
o Tempeh
o Tofu
o Seitan
o Others
• Saudi Arabia Meat Substitutes Market, By Source:
o Soy
o Wheat
o Mycoprotein
o Others
• Saudi Arabia Meat Substitutes Market, By Category:
o Frozen
o Refrigerated
o Shelf-Stable
• Saudi Arabia Meat Substitutes 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 Meat Substitutes Market.
Available Customizations:
Saudi Arabia Meat Substitutes 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 Meat Substitutes Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Soy Products, Quorn, Tempeh, Tofu, Seitan, Others)
5.2.2. By Source (Soy, Wheat, Mycoprotein, Others)
5.2.3. By Category (Frozen, Refrigerated, Shelf-Stable)
5.2.4. By Region
5.2.5. By Company (2024)
5.3. Market Map
6. Saudi Arabia Soy Products Meat Substitutes Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Source
6.2.2. By Category
7. Saudi Arabia Quorn Meat Substitutes Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Source
7.2.2. By Category
8. Saudi Arabia Tempeh Meat Substitutes Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Source
8.2.2. By Category
9. Saudi Arabia Tofu Meat Substitutes Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Source
9.2.2. By Category
10. Saudi Arabia Seitan Meat Substitutes Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Source
10.2.2. By Category
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. Porters Five Forces Analysis
13.1. Competition in the Industry
13.2. Potential of New Entrants
13.3. Power of Suppliers
13.4. Power of Customers
13.5. Threat of Substitute Products
14. Saudi Arabia Economic Profile
15. Policy & Regulatory Landscape
16. Competitive Landscape
16.1. Company Profiles
16.1.1. Vbites
16.1.1.1. Business Overview
16.1.1.2. Company Snapshot
16.1.1.3. Products & Services
16.1.1.4. Financials (As Per Availability)
16.1.1.5. Key Market Focus & Geographical Presence
16.1.1.6. Recent Developments
16.1.1.7. Key Management Personnel
16.1.2. Sonic Biochem
16.1.3. MGP Processing, Inc
16.1.4. Beyond Meat Inc.
16.1.5. Amy's Kitchen, Inc.
16.1.6. Quorn Foods
16.1.7. Archer Daniels Midland Company
16.1.8. Gooddot
16.1.9. Imagine Meats
16.1.10. Livekindly Company, Inc
17. Strategic Recommendations
18. About Us & Disclaimer