WHY SAUDI
Saudi Arabia is the largest economy in the Arab world and is home to an ever-growing food manufacturing and processing sector. In recent years the Saudi market has experienced exponential growth in the food sector, and this is growing year on year. There is no time like the present to consider your business expansion into Saudi Arabia with a wealth of food and beverage opportunities presenting themselves
at present.
SOME STATS
ON SAUDI
And in addition to all of that, Riyadh is a welcoming, beautiful, and sometimes brilliantly surprising place to visit. We think it’s the ideal spot for a gathering of future-minded foodies to connect, learn, and collaborate. So – are you coming?
121%
RISE IN TOURISM
It’s the Arab country with the most tourists in 2022, and the tourism sector is growing by 121% compared to pre-pandemic levels
Source: UNWTO
7.71%
PROJECTED MARKET GROWTH
The food service market in Saudi Arabia was valued at USD $27.8 billion in 2021, and projected to grow at a CAGR of 7.71% from 2022-2027
Source: Mordor Intelligence
32%
SECTOR REVENUE GROWTH
Consumer food service revenue in Saudi Arabia increased by approximately 32% from 2020 to 2021, when it reached nearly $28 billion
$70 Billion
PROJECTED INCREASE IN INVESTMENT
It has the largest economy in the Arab world, with a growing food manufacturing and processing sector – total investments in the sector are projected to reach USD $70 billion in 2030
Source: US Department of Agriculture
$2.8 Billion
FOOD PRODUCTS IMPORT
Saudi food manufacturers imported USD $2.8 billion of intermediate food products in 2021
Source: US Department of Agriculture
As InFlavour is based in Riyadh, this is the perfect opportunity for you to explore one of the world’s fastest upcoming cities. Enjoy some downtime and experience the culture Saudi Arabia has to offer. Here are some activities you can book for your visit:
