diff --git a/roofit/roofitcore/inc/LinkDef.h b/roofit/roofitcore/inc/LinkDef.h
index f805db5d3af8c..ad1c59a92909a 100644
--- a/roofit/roofitcore/inc/LinkDef.h
+++ b/roofit/roofitcore/inc/LinkDef.h
@@ -249,6 +249,7 @@
 #pragma link C++ class RooWorkspace- ;
 #pragma link C++ class RooWorkspace::CodeRepo- ;
 #pragma link C++ class RooWorkspace::WSDir+ ;
+#pragma link C++ class RooWorkspace::EmbeddedHisto+ ;
 #pragma link C++ class RooWorkspaceHandle+;
 #pragma link C++ class std::list<TObject*>+ ;
 #pragma link C++ class std::list<RooAbsData*>+ ;
diff --git a/roofit/roofitcore/inc/RooDataHist.h b/roofit/roofitcore/inc/RooDataHist.h
index 1daea0809fdcb..2c9523e3afb57 100644
--- a/roofit/roofitcore/inc/RooDataHist.h
+++ b/roofit/roofitcore/inc/RooDataHist.h
@@ -265,6 +265,8 @@ class RooDataHist : public RooAbsData, public RooDirItem {
   mutable double _cache_sum{0.};          ///<! Cache for sum of entries ;
 
 private:
+  friend class RooWorkspace ;
+
   void interpolateQuadratic(double* output, std::span<const double> xVals, bool correctForBinSize, bool cdfBoundaries);
   void interpolateLinear(double* output, std::span<const double> xVals, bool correctForBinSize, bool cdfBoundaries);
   double weightInterpolated(const RooArgSet& bin, int intOrder, bool correctForBinSize, bool cdfBoundaries);
diff --git a/roofit/roofitcore/inc/RooHistFunc.h b/roofit/roofitcore/inc/RooHistFunc.h
index 8819001aaac78..bca1650eda05d 100644
--- a/roofit/roofitcore/inc/RooHistFunc.h
+++ b/roofit/roofitcore/inc/RooHistFunc.h
@@ -109,6 +109,7 @@ class RooHistFunc : public RooAbsReal {
   double evaluate() const override;
   void doEval(RooFit::EvalContext &) const override;
   friend class RooAbsCachedReal ;
+  friend class RooWorkspace ;
 
   void ioStreamerPass2() override ;
 
diff --git a/roofit/roofitcore/inc/RooHistPdf.h b/roofit/roofitcore/inc/RooHistPdf.h
index bd50afddf3d58..42cffc2bf951e 100644
--- a/roofit/roofitcore/inc/RooHistPdf.h
+++ b/roofit/roofitcore/inc/RooHistPdf.h
@@ -104,9 +104,11 @@ class RooHistPdf : public RooAbsPdf {
 
   double evaluate() const override;
   double totalVolume() const ;
-  friend class RooAbsCachedPdf ;
   double totVolume() const ;
 
+  friend class RooAbsCachedPdf ;
+  friend class RooWorkspace ;
+
   RooArgSet _histObsList;                      ///< List of observables defining dimensions of histogram
   RooSetProxy _pdfObsList;                     ///< List of observables mapped onto histogram observables
   RooDataHist* _dataHist = nullptr;            ///< Unowned pointer to underlying histogram
diff --git a/roofit/roofitcore/inc/RooWorkspace.h b/roofit/roofitcore/inc/RooWorkspace.h
index dc7f044737191..7a64010246169 100644
--- a/roofit/roofitcore/inc/RooWorkspace.h
+++ b/roofit/roofitcore/inc/RooWorkspace.h
@@ -36,6 +36,8 @@ class RooAbsReal ;
 class RooAbsCategory ;
 class RooFactoryWSTool ;
 class RooAbsStudy ;
+class RooDataHist ;
+class RooAbsBinning ;
 
 #include "TNamed.h"
 #include "TDirectoryFile.h"
@@ -165,6 +167,24 @@ class RooWorkspace : public TNamed {
 
   RooExpensiveObjectCache& expensiveObjectCache() { return _eocache ; }
 
+   /// Internal class that can pack all the information in an embedded
+   /// RooDataHist for smaller workspace sizes on disk.
+   struct EmbeddedHisto : public TObject {
+      std::string name;
+      std::string title;
+      std::string argName;
+
+      int arraySize;
+      std::vector<double> weightArray;
+      std::vector<double> wgtErrLoArray;
+      std::vector<double> wgtErrHiArray;
+      std::vector<double> sumW2Array;
+
+      std::vector<std::unique_ptr<RooAbsBinning>> binnings;
+
+      ClassDefOverride(EmbeddedHisto, 1);
+   };
+
   class CodeRepo : public TObject {
   public:
     CodeRepo(RooWorkspace* wspace=nullptr) : _wspace(wspace), _compiledOK(true) {} ;
@@ -245,8 +265,13 @@ class RooWorkspace : public TNamed {
     friend class RooAbsArg;
     friend class RooAbsPdf;
     friend class RooConstraintSum;
+
     bool defineSetInternal(const char *name, const RooArgSet &aset);
 
+    void packEmbeddedHisto(RooAbsArg const &arg, RooDataHist const &dataHist, EmbeddedHisto &packed);
+
+    RooDataHist *unpackEmbeddedHisto(RooArgSet const &vars, EmbeddedHisto const &packed);
+
     friend class CodeRepo;
     static std::list<std::string> _classDeclDirList;
     static std::list<std::string> _classImplDirList;
diff --git a/roofit/roofitcore/src/RooWorkspace.cxx b/roofit/roofitcore/src/RooWorkspace.cxx
index 866e982891b25..70c69ac615442 100644
--- a/roofit/roofitcore/src/RooWorkspace.cxx
+++ b/roofit/roofitcore/src/RooWorkspace.cxx
@@ -54,6 +54,8 @@ and try reading again.
 #include <RooCmdConfig.h>
 #include <RooConstVar.h>
 #include <RooFactoryWSTool.h>
+#include <RooHistFunc.h>
+#include <RooHistPdf.h>
 #include <RooLinkedListIter.h>
 #include <RooMsgService.h>
 #include <RooPlot.h>
@@ -2432,6 +2434,69 @@ void RooWorkspace::CodeRepo::Streamer(TBuffer &R__b)
    }
 }
 
+void RooWorkspace::packEmbeddedHisto(RooAbsArg const &arg, RooDataHist const &dataHist,
+                                     RooWorkspace::EmbeddedHisto &packed)
+{
+   // We error out if the dataHist is not as we expect it to be for a template.
+   // Which is in case of:
+   //   * asymmetric uncertainties
+   //   * global observables
+   if (dataHist.wgtErrLoArray() || dataHist.wgtErrHiArray() || dataHist.getGlobalObservables()) {
+      throw std::runtime_error("Template histogram for \"" + std::string{arg.GetName()} + "\" can't be serialized!");
+   }
+
+   packed.argName = arg.GetName();
+   packed.name = dataHist.GetName();
+   packed.title = dataHist.GetTitle();
+
+   packed.arraySize = dataHist.arraySize();
+
+   auto fillVector = [&](double const *arr, std::vector<double> &vec) {
+      if (arr) {
+         vec.resize(packed.arraySize);
+         std::copy(arr, arr + vec.size(), vec.begin());
+      }
+   };
+
+   fillVector(dataHist.weightArray(), packed.weightArray);
+   fillVector(dataHist.sumW2Array(), packed.sumW2Array);
+   fillVector(dataHist.wgtErrLoArray(), packed.wgtErrLoArray);
+   fillVector(dataHist.wgtErrHiArray(), packed.wgtErrHiArray);
+
+   for (auto const &binning : dataHist.getBinnings()) {
+      packed.binnings.emplace_back(binning ? binning->clone() : nullptr);
+   }
+}
+
+RooDataHist *RooWorkspace::unpackEmbeddedHisto(RooArgSet const &vars, RooWorkspace::EmbeddedHisto const &packed)
+{
+   RooArgSet varsCopy;
+   vars.snapshot(varsCopy);
+
+   for (std::size_t i = 0; i < vars.size(); ++i) {
+      if (packed.binnings[i]) {
+         static_cast<RooRealVar *>(varsCopy[i])->setBinning(*packed.binnings[i]);
+      }
+   }
+
+   auto *dataHist = new RooDataHist{packed.name, packed.title, varsCopy};
+
+   int n = packed.arraySize;
+
+   for (int i = 0; i < n; ++i) {
+      dataHist->set(i, packed.weightArray[i], -1);
+   }
+
+   // Set the sum of weights squared
+   if (!packed.sumW2Array.empty()) {
+      dataHist->_sumw2 = new double[n];
+      std::copy(packed.sumW2Array.begin(), packed.sumW2Array.end(), dataHist->_sumw2);
+   }
+
+   dataHist->registerWeightArraysToDataStore();
+
+   return dataHist;
+}
 
 ////////////////////////////////////////////////////////////////////////////////
 /// Stream an object of class RooWorkspace. This is a standard ROOT streamer for the
@@ -2475,6 +2540,29 @@ void RooWorkspace::Streamer(TBuffer &R__b)
         }
       }
 
+      for (auto *packed : dynamic_range_cast<RooWorkspace::EmbeddedHisto const*>(_embeddedDataList)) {
+         // If the type was not RooWorkspace::EmbeddedHisto, it was an old workspace
+         // where the RooDataHists were stored directly. So nothing to do.
+         if (packed) {
+            RooAbsArg *arg = &_allOwnedNodes[packed->argName.c_str()];
+
+            auto *histPdf = dynamic_cast<RooHistPdf *>(arg);
+            auto *histFunc = dynamic_cast<RooHistFunc *>(arg);
+
+            RooArgSet const &vars = histPdf ? histPdf->variables() : histFunc->variables();
+
+            RooDataHist *dataHist = unpackEmbeddedHisto(vars, *packed);
+
+            if (histPdf)
+               histPdf->_dataHist = dataHist;
+            if (histFunc)
+               histFunc->_dataHist = dataHist;
+
+            _embeddedDataList.Replace(packed, dataHist);
+            delete packed;
+         }
+      }
+
    } else {
 
       // Make lists of external clients of WS objects, and remove those links temporarily
@@ -2531,8 +2619,52 @@ void RooWorkspace::Streamer(TBuffer &R__b)
          }
       }
 
+      // Temporary container to hold converted embedded datasets during serialization
+      RooLinkedList embeddedDataList;
+
+      // Pack the embedded RooDataHists
+      std::vector<std::pair<RooAbsArg*, RooDataHist*>> associated;
+      for (RooAbsArg *arg : _allOwnedNodes) {
+          auto *histPdf = dynamic_cast<RooHistPdf *>(arg);
+          auto *histFunc = dynamic_cast<RooHistFunc *>(arg);
+          if (!histPdf && !histFunc) continue;
+          RooDataHist &dataHist = histPdf ? histPdf->dataHist() : histFunc->dataHist();
+
+          // We have to temporarily nullify the dataHists that the
+          // HistFuncs/Pdfs point to, so they don't get serialized.
+          // Remember the association and reset later.
+          if(histPdf) histPdf->_dataHist = nullptr;
+          if(histFunc) histFunc->_dataHist = nullptr;
+          associated.emplace_back(arg, &dataHist);
+
+          auto *dataHistPacked = new RooWorkspace::EmbeddedHisto;
+          packEmbeddedHisto(*arg, dataHist, *dataHistPacked);
+          embeddedDataList.Add(dataHistPacked);
+      }
+
+      // Validate that we have now packed all the embedded RooDataHists
+      if (embeddedDataList.size() != _embeddedDataList.size()) {
+         throw std::runtime_error("There were unexpected embedded datasets!");
+      }
+
+      // Temporarily replace _embeddedDataList with the serialized version for writing
+      std::swap(embeddedDataList, _embeddedDataList);
+
       R__b.WriteClassBuffer(RooWorkspace::Class(), this);
 
+      // Restore original _embeddedDataList after serialization is complete
+      std::swap(embeddedDataList, _embeddedDataList);
+
+      embeddedDataList.Delete();
+
+      // Reset the histFuncs to the RooDataHists/Pdfs
+      for(auto const &item : associated) {
+          auto *histPdf = dynamic_cast<RooHistPdf *>(item.first);
+          auto *histFunc = dynamic_cast<RooHistFunc *>(item.first);
+          if(histPdf) histPdf->_dataHist = item.second;
+          if(histFunc) histFunc->_dataHist = item.second;
+      }
+
       // Reinstate clients here
 
       for (auto &iterx : extClients) {