Overview
Saudi Arabia's agricultural and food processing sector is well-established and poised to expand rapidly in the future years. Domestic, regional, and worldwide demand for Saudi food items is on a growth trajectory, with the seafood, dates, and halal market segments leading the way.
Overview
Saudi Arabia's food processing sector is well-established and poised to expand rapidly in the future years. Domestic, regional, and worldwide demand for Saudi food items has been rising year after year, with seafood, dates, and halal market leading the way. This industry also benefits from a well-developed ecosystem that is ready to fulfill the high standards and rising expectations of the expanding marketplace.
The Kingdom is well-known for its authentic Halal food items and has the potential to lead the $1.3 trillion global Halal industry. Investors must feel confident about the Saudi food processing sector given its established excellence and lucrative prospects
85 - %
food processing localization target rate by 2030
$42 - BN
food and beverage market size and expected to grow at 3% per year over the next five years
Value Proposition
Large and growing local and regional markets
Unique dates endowment making it a suitable base for exports
An ocean of fish guaranteeing big catches
Well-developed ecosystem and superior supply-chain management
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