Press release
Latest Trends In Saudi Arabia FMCG Market
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The government's emphasis on diversification and food sufficiency is anticipated to be the driving force behind the expansion of the food and beverage industry as economic conditions improve.
SAUDI ARABIA FMCG MARKET SIZE AND FORECAST
The Saudi Arabia FMCG market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
RECENT PRODUCT DEVELOPMENT AND INNOVATION
The Fast-Moving Consumer Goods (FMCG) sector in Saudi Arabia has been undergoing significant transformations driven by consumer preferences, technological advancements, and evolving market dynamics.
Nestlé, a global FMCG giant, and Almarai, a leading Saudi dairy company, joined forces to develop and promote healthier food and beverage choices in the market.
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Their partnership focuses on research and development to produce products that cater to changing consumer demands for nutrition, taste, and convenience.
French multinational retail corporation Carrefour partnered with Saudi e-commerce platform Noon to enhance online grocery shopping experiences.
The partnership aims to provide customers with a wide range of FMCG products, leveraging Carrefour's expertise in retail and Noon's e-commerce capabilities.
COMPANY PROFILE
Almarai Company
Samsung Electronics Company Limited
Nestle Middle East
Kansai Paint Middle East
Beiersdorf
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THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
How many FMCG are manufactured per annum in Saudi Arabia? Who are the sub-component suppliers in this region?
Cost breakup of a Saudi Arabia FMCG and key vendor selection criteria
Where is the FMCG manufactured? What is the average margin per unit?
Market share of Saudi Arabia FMCG market manufacturers and their upcoming products
Cost advantage for OEMs who manufacture Saudi Arabia FMCG in-house
key predictions for next 5 years in Saudi Arabia FMCG market
Average B-2-B FMCG market price in all segments
Latest trends in FMCG market, by every market segment
The market size (both volume and value) of the FMCG market in 2023-2030 and every year in between?
Production breakup of FMCG market, by suppliers and their OEM relationship
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