Industry News
The Saudi Arabia confectionery market is expected to reach a value of around $2.26 billion by the end of 2018, and is forecast to grow at a CAGR growth rate of around 12% between 2013 and 2018. The main drivers of…
Being the largest economy in the Middle East, Saudi Arabia has a rapid growth of food consumption. The Kingdom offers abundant growth opportunities to food and beverage companies, across all its sub-sectors and…
Saudi Arabia – United States Trade Relations Bilateral relations between the Kingdom of Saudi Arabia and the United States began in 1933 when full diplomatic relations were established. Despite the differences between…
Fresh fruit and vegetables: the most imported food products The food and beverages sector recorded an increase of 2.1%, with imports into Saudi Arabia coming from 40 countries around the world, mainly with fruit and…
The market is growing by over 5% a year with fruit and vegetables the most imported food. It is estimated that the rise in food consumption in the GCC countries between 2012 and 2017 will be around 3.1% a year, reaching…
In 2014, the total number of food retail outlets in Saudi Arabia was estimated by Euromonitor at 42, 378, an increase of 2.2 percent over 2013. The total number of food retail outlets is projected to reach about 50,000…
In 2014, the total number of food retail outlets in Saudi Arabia was estimated by Euromonitor at 42, 378, an increase of 2.2 percent over 2013. The total number of food retail outlets is projected to reach about 50,000…
Technavio’s market research analysts predict the food retail market in Saudi Arabia to grow at a CAGR of more than 5% between 2016 and 2020. The market’s growth is fueled by an increase in the number of retail …
“Recently, there has been an increase in the import of food products in the retail market in Saudi Arabia. About 80% of the nation’s food requirement, which is worth about $24 billion, is being imported from foreign…
The food and beverages sector recorded an increase of 2.1%, with imports into Saudi Arabia coming from 40 countries around the world, mainly with fruit and vegetables. The local consumer market for these is worth US$ 6…
The report covers the present scenario and the growth prospects of the food retail market in Saudi Arabia for 2016-2020. To calculate the market size, the report has taken into consideration the revenue generated from…
Confectionery value sales to grow at a compound annual rate of 6.5% We expect Saudi Arabia to be the top regional performer over the next five years, within the snacks and confectionery categories. We forecast…
The Gulf Cooperation Council region, in particular Saudi Arabia, offers strong growth potential for confectionery and snack food producers over our forecast period to 2018. Growth opportunities in Saudi Arabia will be…
Euromointor forecast sales of packaged food in the Saudi market to reach nearly US$23.9 billion by 2020, an increase of nearly US$6 billion and 34%. High growth items in the forecast include baby food; breakfast…
King Salman was conferred with Japan’s Daisy High Medal by Japanese Emperor Akihito on Tuesday in appreciation of his role as the Custodian of the Two Holy Mosques in Makkah and Madinah. The Japanese emperor presented…
The infrastructure works for Berth 5 and Berth 6 are about to be finished in a few weeks, King Abdullah Port announced on Wednesday. The two berths are part of the port’s strategic expansion plan, which aims to…
World's Largest Projects: Jubail II Creating one of the world's greatest industrial city on Jubail, is not an easy task. Jubail Industrial City, which was built more than three decades ago will double its size once…
they are the neighbouring gulf states battling it out for economic supremacy. And in the latest grand example of keeping up with the Joneses, Saudi Arabia has awarded a contract to build the world's tallest…
Global F&B conglomerate PepsiCo plans to open one of its largest manufacturing plants in the Saudi city of Jeddah, a senior official has said. The SIBCO plant in Saudi Arabia is set to open later this year, confirmed…
Saudi Arabia's government has unveiled a long-term economic blueprint for life in a low-oil-price world. Titled "Saudi Vision 2030," the plan unveiled Monday includes regulatory, budget and policy changes that will be…
InterContinental Hotels Group (IHG) has signed a 15-year management agreement with Al Andalus Property for a Staybridge Suites hotel in Jeddah. The 164-key Staybridge Suites Al Andalus Mall marks the extended-stay…
Agriculture Minister Khalid Hnaifat said that Jordan agricultural and food exports in 2016 amounted to around one billion and one hundred million Jordanian dinars, which accounted for about 25% of total exports for the…
The Saudi economy will be 13th in the world by 2030 as against its present 20th position, says a report on the future global economic landscape. The report by PricewaterhouseCoopers (PWC), titled “The Long View: How…
Taif International Airport recorded the largest movement of passengers in its history in 2016 AD since its inception in 1396 AH as the number of passengers registered 1,253,369 last year compared to 1,103,525 passengers…