Argaam Intelligence: Saudi dairy market seen to post 10% CAGR by 2030

Argaam Intelligence released today, Thursday, Jan. 29, 2026, a sector-focused report on the Saudi dairy and dairy products market, providing an in-depth analysis of market performance and evolution in recent years. It also provides a forward-looking outlook through 2030. The report is part of the company’s ongoing efforts to support the business environment by delivering reliable economic data and analysis to aid investment decision-making in key sectors.

The study offers a comprehensive analysis of the dairy market’s performance, highlighting key growth drivers, shifting consumption patterns, and expanding institutional demand linked to the tourism, hospitality, and retail sectors. It also examines value chains, foreign trade, competitition dynamics, and regulatory and technological developments shaping the market, while outlining key opportunities and challenges facing investors and manufacturers.

According to the report, Saudi Arabia’s dairy and dairy products market is expected to record a compound annual growth rate (CAGR) of about 10.4% through 2030, fueled by rising domestic demand, higher consumer spending, rapid expansion in hotels, restaurants and cafés, as well as food industry localization programs and local content initiatives under Vision 2030. The report also underscores the sector’s growing importance as a pillar of national food security and a key non-oil growth contributor.

This study goes beyond headline figures to deliver deeper insights into market dynamics and long-term investment opportunities.

In this report, Argaam Intelligence aims to serve policymakers and investors by linking market indicators with economic, demographic, and sector-specific variables, helping enhance investment decision quality amid ongoing shifts in the Saudi economy.

The report forms part of a broader series of sector-focused studies issued by Argaam to assess priority sectors in the Saudi market, reflecting the company’s commitment to its role as a trusted source of economic and market analysis, supporting transparency and more efficient capital allocation.

The dairy and dairy products sector is seen as a key enabler of Vision 2030, given its role in strengthening food security, expanding downstream manufacturing, reducing import dependence, and creating investment opportunities across production, processing, distribution and logistics.