With a series of giga projects to diversify the economy beyond oil and gas to attract the world, a robust local food production eco-system is an untapped potential for F&B manufacturers

Saudi Arabia’s food and beverage (F&B) market is the largest in the Middle East with market value of $42 billion and will expand at a pace of 3% and has set an 85% food processing localization target by 2030. In 2019, imports exceeded $20.4 billion, leaving an opportunity to serve the untapped local demand for dairy, meat and fruit products through significant import-substitution with local production. (Invest Saudi) $500Bn backed giga-projects like NEOM to produce over 600,000 tons of sustainable food to help achieve Saudi self-sufficiency

• Saudi Arabia’s socio-economic transformation under Vision 2030 and emerging opportunities for food manufacturers towards sustainable food production and Saudi self-sufficiency goals
• Lucrative investment opportunities in ingredients, food processing, fruits, dates, aquaculture, retail, exports and the $1.3 trillion global Halal industry 
• Lean manufacturing and Industry 4.0 technologies to drive food sustainability in Saudi Arabia