Understanding Dairy Export Opportunities slide image

Understanding Dairy Export Opportunities

Opportunities Strong demand for packed dairy products such as cheese and butter Butter is a very consolidated category with the Almarai, Lurpak, Président and Nadec brands accounting for almost all sales in Saudi Arabia • Butter and spreads continued to be negatively affected by the introduction of VAT in 2018 and unhealthy image • • Saudi Arabia is a large importer of cheese • • Cheese is the most valuable category in the dairy market accounting for more than 30% of total dairy spends The cheese market in KSA has witnessed a strong growth over the last five years Saudi Arabia imports nearly 172K tonnes of cheese and curd in 2018. Saudi Arabia imported 5,117 tons of French cheese at a value of 22 million euros in 2018. Shift in the consumer's preference towards healthier diet patterns Consumer demand for healthy and high quality foods is growing in the Kingdom of Saudi Arabia Saudi Arabian Ice Cream sector accounted for a volume share of 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. There are variety of dairy products available in supermarkets and hypermarkets when compared to other stores. AHDB DAIRY
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