Understanding Dairy Export Opportunities slide image

Understanding Dairy Export Opportunities

. Dairy in Saudi Arabia Saudi Arabia is the largest dairy consumer among the GCC countries Increasing consumption of milk and other dairy products supported by: High population growth High per capita income Changing consumer preference toward healthier foods and packaged dairy products (cream cheese, ice cream, butter) Saudi Arabia is the largest dairy producer among the GCC countries • Al Marai has the largest dairy processing plant in the world, producing million tons of milk and milk products • • Saudi dairy producers have established cattle friendly environment for maximum output of milk from cows The dairy sector in KSA has come under some pressure recently due to: • Introduction of VAT • Increase in energy and labour costs • Economic slowdown The market is segmented into drinking milk, butter, cheese, yoghurt and others Milk segment held the largest market share and is expected to dominate the market by 2025 Most dairy products are sold through supermarket and hypermarket channels AHDB عصائر Juices المراعي Almarai Saudi Arabian dairy products market is projected to grow at a CAGR of 3.56% during the period 2020 to 2025 DAIRY
View entire presentation