From 2014 to 2023, sweetener production in Saudi Arabia showed a downward trend, decreasing from 246.0 to 143 thousand metric tons. This represents a decline of -3.38% year-on-year for 2023, with an overall CAGR of -3.74% from 2018 to 2023. The most significant drop in production occurred between 2014 and 2015 with a -31.3% decrease.
In the forecasted period from 2024 to 2028, sweetener production is expected to continue its decline, reaching 116.6 thousand metric tons by 2028. This forecasted period shows a CAGR of -3.23% with an overall decline of -15.14% across five years.
Future trends to watch for include advancements in alternative natural sweeteners, potential regulatory changes on sugar consumption, and evolving consumer preferences towards healthier options, which could further influence production volumes.
