"Saudi Arabia Food & Drink Report Q4 2015" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Fri Sep 11 2015

We maintain our bullish outlook for Saudi Arabia's food and drink market over our forecast period to 201 9 . Sales will continue to benefit from rising disposable incomes, favourable demographics, increasing urbanisation and ongoing formalisation of the mass grocery retail sector. The country leads our Risk/Reward Index for the Middle East and North Africa region, showing the potential for the sector in comparison to its neighbours' food and drink industries.

Headline Industry Data (local currency)

Full Report Details at
- http://www.fastmr.com/prod/1038828_saudi_arabia_food_drink.aspx?afid=301

Total food consumption growth (y-o-y) in 2015: +7.5%; compound annual growth rate (CAGR) 2014-2019: +7.4%

Per capita food consumption growth (y-o-y) in 2015: +5.6% ; CAGR 2014-2019: +5.7%

Total soft drinks value sales growth (y-o-y) in 2015: +9.0%; CAGR 2014-2019: 7.2%

Total mass grocery retail value sales growth (y-o-y) in 2015: +9.5%; CAGR 2014-2019: +9.1%

Key Industry Trends And Developments

Almarai To Invest SAR21bn By 2020: Saudi Arabian diversified food and drink company Almarai plans to invest about SAR21bn (USD5.59bn) in its business between 2016 and 2020. The latest investment plans follow the company's earlier plans to invest SAR15.7bn (USD4.2bn) until 2017 to expand its business across dairy, bakery and poultry segments. The new investment plan will enable the company to strengthen its presence in all segments and geographies, and double its revenues, reports Food Business Review. Almarai plans to expand its farming, manufacturing, distribution and logistics activities across all segments.

The Saudi Arabia Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Saudi Arabia Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Saudi Arabia.

Key Benefits

* Benchmark BMI's independent food and drink industry forecasts for Saudi Arabia to test other views - a key input for successful budgeting and strategic business planning in the Saudi food and drink market.
* Target business opportunities and risks in Saudi Arabia through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
* Exploit latest competitive intelligence

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