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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 2019-04-28
In 2018, Saudi Arabia has imported 15% of its food from Brazil

Saudi Arabia in 2018 was Brazil's top buyer of fresh and processed chicken products, an ABPA spokesman said. ABPA data shows the Saudis imported 433,500 tonnes of chicken products from Brazil, or about 11.8 percent of…

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Published 2019-04-28
Saudi Arabia imports 80% of its food from more than 157 countries.

Hisham Al-Jedaie, chief executive of the SFDA, mentioned that 80% of the food in the Kingdom is imported from more than 157 countries. He pointed out that the Kingdom has imported 15% of its food from Brazil and 11.67%…

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Published 2019-04-24
Saudi Arabia’s bottled water market will reach a volume of 25.4 billion liters by 2024

Saudi Arabia represents the largest market for bottled water in the region. One of the major factors driving the market growth is the rising health consciousness among consumers. This has boosted the demand for bottled…

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Published 2019-04-07
In 2019, total Saudi chicken meat imports are forecast to reach 675,000 MT.

Domestic chicken meat production in 2019 is expected to increase slightly to 700,000 MT. The production cost of locally produced chicken meat currently ranges between $1.6 and $1.87 per Kg of average dressed weight.…

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Published 2019-03-25
The Saudi Arabia Cold Storage Market is projected to reach $2,572 Million by 2024 - Foodex Saudi

According to research, Saudi Arabia cold storage market is projected to reach $2,572 million by 2024. Further, growing concerns over food wastage and increasing population in Saudi Arabia is expected to boost the growth…

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Published 2019-03-25
Saudi Arabia halal food & beverages market is projected to grow at a CAGR of over 9% in value terms during 2019-2024

Saudi Arabia halal food & beverages market is projected to grow at a CAGR of over 9%, in value terms, during 2019-2024.  Increasing demand for packaged halal foods among non-Muslims, strong import and export regulation…

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Published 2019-03-25
The Saudi Arabia snack bar market is expected to reach USD 52.82 million by 2023 - Foodex Saudi

The Saudi Arab snack bar market is expected to reach USD 52.82 million by 2023 witnessing a healthy CAGR during the forecast period 2018-2023. Cereal and granola bar accounts for more than 65% of the Saudi Arab snack…

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Published 2019-02-11
Saudi Arabia retail market is projected to grow at a CAGR of over 8% during the forecast period 2019-2024-Foodex Saudi

Saudi Arabia retail market is projected to grow at a CAGR of over 8% during the forecast period on account of growing culturally diversified population, presence of a highly stable market. Saudi Arabia retail market is…

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Published 2019-02-07
Saudi Arabia is expected to have a SAR 221 billion ($59 billion approx.) worth of food industry investments until 2021-Foodex Saudi

Saudi Arabia is expected to have a SAR 221 billion ($59 billion approx.) worth of food industries investments until 2021, said Mohammed Al Juniny, head of manufacturing at the Saudi Arabian General Investment Authority…

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Published 2018-12-12
Saudi Arabia: Investments in the food products industry exceed 88 billion riyals

The Saudi Ministry of Industry and Mineral Resources said that the volume of investment in the food products industry in the Kingdom amounts to more than 88 billion riyals.   Jarrah Al-Jarrah, the official spokesman for…

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Published 2018-12-12
Saudi Arabia has launched four projects worth $23 billion in Riyadh. Construction will begin this year on King Salman Park, Sports Boulevard, Green Ri

Saudi previously announced plans to build 20 entertainment centres, including one 100,000 square-metre entertainment complex in Riyadh earlier this year.   The kingdom also recently revealed plans for a second mega…

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Published 2018-12-12
Foodex Saudi Featured Events: Innovation Awards and Salon Culinaire

Under the Patronage of Mr. Mazen Batterjee, Vice President of Jeddah Chamber of Commerce and Industry.  Foodex Saudi celebrates the first Food Innovation Awards in Saudi Arabia to honour the best food innovations in…

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Published 2018-10-21
Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period 2018 to 2023-Foodex Saudi

The Saudi Arabia red meat market is expected to register a CAGR of 3.47% during the forecast period 2018 to 2023. Government support has enabled manufacturers to improve production technology and to compete with…

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Published 2018-10-21
Hypermarkets & Supermarkets account for a leading 45.3% share in the distribution of Hot Drinks in Saudi Arabia-Foodex Saudi

Hot Drinks Sector accounted for a volume share of 0.83% of the global market and 24.9% of the regional (Middle East & Africa) market in 2017. The sector was valued at SR 10, 211.5 million (US$2,723.1 million) in 2017…

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Published 2018-10-21
The Ice Cream sector in Saudi Arabia is forecasted to grow at CAGR of 7.6% in value terms during 2017-2021-Foodex Saudi

Saudi Arabian Ice Cream sector accounted for a volume share of 0.52% of the global market and 29.9% of the regional (Middle East & Africa) market. The sector and is forecast to grow at a CAGR of 7.6% during 2017-2021.…

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Published 2018-09-16
Saudi Airlines Catering sponsor Foodex Saudi 2018

35 Years of Excellence Saudi Airlines Catering was established in 1981. The 35 years that followed witnessed a rapid expansion in the organisation’s operations, which spanned local and international markets. Over the…

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Published 2018-09-16
SASO Training center is the Official Training Partner at Foodex Saudi

Training Center - Saudi Standards, Metrology, And Quality Organization SASO is a scientific reference specialized in issuing standards, granting quality certificates and examining product samples, within a scientific…

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Published 2018-09-04
Nuts & seeds is the third-largest category in the Saudi snack Market and expected to continue being the fastest growing category with a CAGR of 9.5%

Saudi Arabia ranks ninth amongst the top ten savory snacks markets in terms of per capita expenditure (in US$ terms), higher only than China. Furthermore, Saudi Arabia is forecasted to register a moderate growth in…

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Published 2018-09-04
The Saudi Arabian confectionery market growth is expected to worth US$1,639.6 Million by 2021-Foodex Saudi

Saudi Arabia has large young population bases that have a strong affinity towards confectionery products in which they indulge frequently. Moreover, with high disposable incomes and rising consumer confidence, time-poor…

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Published 2018-09-04
Potato chips is the largest category in the Saudi snack market and is forecast to record faster growth at a CAGR of 9.1% by 2021-Foodex Saudi

Saudi Arabia ranks ninth amongst the top ten savory snacks markets in terms of per capita expenditure (in US$ terms), higher only than China. Furthermore, Saudi Arabia is forecasted to register a moderate growth in…

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Published 2018-08-09
Saudi Arabia Catering Services market is projected to reach $6.9 billion by 2023-Foodex Saudi

Catering is the business of providing food and related services to a large number of people at various sites including worker camps, construction sites, company cafeterias and offices. Outsourcing of catering service is…

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Published 2018-08-09
Saudi Arabian savory snacks market is forecast to register faster growth at a CAGR of 8.2% during 2017-2021-Foodex Saudi

Saudi Arabia ranks ninth amongst the top ten savory snacks markets in terms of per capita expenditure (in US$ terms), higher only than China. Furthermore, Saudi Arabia is forecasted to register a moderate growth in…

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Published 2018-08-09
The Saudi Arabian confectionery market growth in this market will accelerate to a CAGR of 4.8% during 2017-2021-Foodex Saudi

Saudi Arabia has large young population bases that have a strong affinity towards confectionery products in which they indulge frequently. Moreover, with high disposable incomes and rising consumer confidence, time-poor…

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Published 2018-07-19
Saudi Arabia’s corn consumption is estimated to climb 12% to 4.45 million MT during 2018-2019-Foodex Saudi

Saudi Arabia’s corn consumption is estimated to climb 12% to 4.45 million MT during 2018-2019, taking a larger share of the country's feed demand, according to USDA. Most of that corn volume, or 4.4 million MT, will be…

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