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The Saudi Arabian pet market is growing - fueled by rising pet ownership driven by evolving social norms and increasing disposable income.
The ongoing transformation of Saudi Arabia bodes well for the retail food sector. In 2023, the Saudi food retail market was estimated at more than $51 billion and projected to increase by more than 5 percent annually in the coming years due to the continued urbanization, growing population, changing shopping habits, expansion of physical store locations , and increasing popularity of online platforms.
U.S. exports of consumer-oriented food products to Saudi Arabia increased 23 percent over 2021 to a record $656 million mainly due to the continued expansion in online shopping platforms.
Post anticipates a significant increase in U.S. high-value food product exports to Saudi Arabia in 2021 due to expansion of the retail sector.
The Gulf Cooperation Council (GCC) is a regional political and economic treaty organization comprised of the Arabian Gulf nations of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.
The major export certificates required by Saudi Arabia’s regulatory and import control agencies are included in this Food and Agricultural Import Regulations and Standards (FAIRS)....
The Saudi food processing sector has been rapidly growing due to government support of food processers, rising per capita income and major demographic and socio-economic changes.
The major export certificates required by Saudi Arabia’s regulatory and import control agencies are included in this Food and Agricultural Import Regulations and Standards (FAIRS) - Certificates....
Infographic exploring the growth of U.S. potato products exports over the last 10 years.
Saudi Arabia's hotel, restaurant and institutional food service sector has grown rapidly in the past decade, with more than 80 percent of the sector's needs coming from imports.