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Foodex Saudi/Industry News

Industry News

Discover more and JOIN us — curated headlines from the Saudi and GCC food & beverage market
Published 2023-08-16
Indian soft drinks now set to enter gulf markets

Indian based company 'Swadeshi Food and Beverages' announced that its popular natural and healthy soft drink brand, 'Hana,' will soon be available in the markets of the Gulf countries.   Currently, 'Hana' soft drinks…

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Published 2023-08-16
Thai & Saudi trade set to surge

Thailand remains on track to improve economic ties with Saudi Arabia as it seeks a new potential market for its products.   The value of business deals between Thailand and Saudi Arabia is expected to reach 10 billion…

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Published 2023-08-10
Kazakhstan seeks to expand its exports of meat and honey to Saudi Arabia

Kazakhstan eyes expanding its export to Saudi Arabia, Work is ongoing to expand the list of companies with the potential to export to Saudi Arabia. The list includes 34 companies producing meat and honey As part of the…

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Published 2023-08-10
Turkey and Saudi Arabia aim for $10 billion trade exchange

Turkey and Saudi Arabia aim to reach a trade exchange volume of $10 billion by next year 2023, Chairman of the Turkish Foreign Economic Relations Council “DEİK” Nail Olpak said. This came in statements he made after his…

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Published 2023-08-08
Bangladeshi Biscuits tops Middle Eastern markets

A favorite Bangladeshi companion to morning, midday, and evening tea, biscuits are increasingly also a top export product, especially to the Middle East. Traditionally sweet or plain, they have lately also been made…

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Published 2023-08-05
Egypt and Saudi Arabia make a deal on fresh Agricultural Exports

Ministry of Agriculture and Land Reclamation reached an agreement with the Food and Drug Authority and the Saudi Ministry of Environment, Water and Agriculture, regarding the new technical requirements set by the Saudi…

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Published 2023-08-03
Japan encouraged to supply Kobe Beef to Saud Arabia

Japan has become the third country certified to ship beef to Saudi Arabia. The certification was confirmed at the signing ceremony attended by Prince Faisal bin Bandar Bin Sultan Al Saud and Tomoshige Kanawa President…

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Published 2023-06-19
Ireland plans €100m food exports to Saudi Arabia, eyes more shipments to Middle East

RIYADH : Ireland targets exports in excess of €100 million to Saudi Arabia by 2025 amid a wider plan to raise food and drinks shipments to the Middle East. The plan, which is part of Irish food board Bord Bia’s new…

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Published 2023-06-19
India’s rice exports likely to increase as key buyers in Saudi Arabia

India’s basmati rice exports surged by 17% in volume during the first three quarters of the last fiscal year (ended Dec. 21, 2022), while exporters are earning at least 20% more on average in overseas markets as Saudi…

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Published 2023-06-19
Indonesia broadens its trade of food production in Saudi Arabia

Indonesia is seeking easier access to Saudi Arabia for its food products, as the country hopes to tap into export opportunities. The Indonesian Food and Drug Authority held a high-level dialogue with the Saudi Food and…

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Published 2023-06-19
Saudi Arabia Targets 20 billion worth of Investment in the Food Sector

Saudi Arabia is targeting to attract investments worth $20 billion in the food industry by 2035. The investment will be used to support the development of the food industry in the Kingdom, including the dairy, bakery,…

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Published 2022-12-29
Saudi fast food chain operator Alamar records 20% growth in sales as outlets surpass 560

Saudi fast food chain franchiser Alamar Foods Co. recorded 20 percent annual growth in sales in 2021 as its total number of stores exceeded 560, CEO Filippo Sgatoni told Argaam. This allowed the company to grow its…

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Published 2022-12-20
Saudi entrepreneurs get $27bn funding as SMEs grow by 15% in Q1

Saudi entrepreneurs received funding worth SR100.02 billion ($27 billion) in the first quarter as the number of small and medium-size businesses operating in the Kingdom rose by 15 percent, according to a government…

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Published 2022-11-22
The Saudi Arabia food service market is projected to grow from $14.16 billion in 2022 to $30.47 billion by 2029, at a CAGR of 11.57%

The Saudi Arabia food service market size was USD 12.57 billion in 2021. The market is projected to grow from USD 14.16 billion in 2022 to USD 30.47 billion by 2029, exhibiting a CAGR of 11.57% during the 2022- 2029…

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Published 2022-11-22
The Kingdom ranked 11th globally in importing tea products, 13th in importing coffee products, and 14th in importing chocolate

The International Forum for the Sustainability of Saudi Coffee highlighted the Kingdom’s potentials to be a global hub for the trade and manufacture of coffee.   The forum, which concluded on Sunday, was organized by…

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Published 2022-11-22
Saudi Arabia’s food and beverage sector books 6.3% growth in H1 2022

Saudi Arabia’s food and beverage sector increased 6.3 percent in the first half of 2022, according to the Kingdom’s Small and Medium Enterprises Authority, also known as Monsha’at.   Small and medium enterprises have…

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Published 2022-11-21
Saudi Arabia to Launch First Specialized Company for Marketing Agricultural Products fund amounting to 700 Million Riyals (186.6 Million USD)

Saudi Arabia is preparing to launch the first company specialized in the marketing of agricultural products, with funding from the Agricultural Development Fund amounting to 700 million riyals (USD 186.6 million).  …

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Published 2022-11-08
Saudi Arabia catering services market is expected to grow at a CAGR of 6.91% during the forecast period 2023-2027.

Saudi Arabia catering services market was valued at USD5.99 billion in 2021 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.91% during the forecast period 2023-2027. The market’s growth can be…

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Published 2022-11-06
Saudi Arabia to UN meeting said ‘global cooperation is vital' on food security

A Saudi Ministry of Foreign Affairs official confirmed that the Kingdom had taken crucial steps to enhance food security, put forward strategies to promote food growth and face climate change and water scarcity.  …

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Published 2022-10-26
Saudi Arabia rises eight spots in World Competitiveness Yearbook 2022

Saudi Arabia has climbed eight places in a ranking of economic competitiveness produced by Switzerland-based International Institute for Management Development. The Kingdom has been placed 24th in the World…

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Published 2022-10-24
The OECD predicts Saudi inflation to stay below other G20 economies till 2023

As global food and commodity prices spike up, Saudi Arabia is expected to enjoy lower levels of inflation, according to a forecast from the Organization of Economic Cooperation and Development   Saudi Arabia’s gross…

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Published 2022-10-19
Saudi tourism recovers 130% in Q1 compared to pre-pandemic levels

As Saudi tourism continues to recover, the first quarter of 2022 has witnessed over 130% of growth in the sector, compared to pre-pandemic levels, said the CEO of the Saudi Tourism Authority during the Arabian Travel…

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Published 2022-09-10
The Kingdom Chef Competition at Foodex Saudi - 9th Edition in Riyadh 2022

Join The Kingdom Chef Competition Saudi Arabia’s leading chef competition endorsed by Saudi Arabian Chefs Association and World Associations of Chefs’ Societies   Competition dates: 13– 16 September 2022 at Riyadh…

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Published 2022-09-10
Foodex Saudi - 9th Edition in Riyadh 2022

Visit the 9 th Edition of Foodex Saudi 2022. Meet with more than 200 companies from 30 countries exhibiting at Foodex Saudi 2022. Exhibition Dates: 13 th to 16 th of September 2022 Location: Riyadh International…

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