It is about establishing a bakery to produce pastries, baked goods and sweets to benefit from the availability of high-quality raw materials at reasonable prices and with the aim of obtaining a major share in the market and achieving benefit from several economic and marketing opportunities through the use of the best means of technology with the highest specifications and the best levels of quality so that it can compete with local producers in order to meet the demand and the increasing volume of consumption of the product as it is a product with many uses and represents the largest use in the individual sector, restaurants and hospitals
It is about establishing a bakery to produce pastries, baked goods and sweets to take advantage of the availability of high-quality raw materials at reasonable prices, with the aim of obtaining a major share in the market and benefiting from several economic and marketing opportunities. This is done by using the best technology with the highest specifications and best quality levels so that it can compete with local producers. This is in order to meet the demand and increasing consumption of the product, as it is a multi-use product and represents the largest use in the individual, restaurant and hospital sectors. The bakery project targets many targeted sectors such as hotels, restaurants, embassies, fast food restaurants, supermarkets, sports clubs, police clubs, armed forces and security services, wedding and event halls, festivals, women’s associations and consumers who prefer to obtain these products fresh and directly from the producers to serve them to their visitors during banquets. Consumers during family trips. Consumers during Eid al-Fitr and Eid al-Adha.
Use of Technology:
Availability of specialized technical personnel.
Highly experienced management.
Highly qualified and experienced workers.
Supervision of product quality and operational processes.
A comprehensive and robust advertising plan.
Executive summary
Study project services/products
Market Size Analysis
Risk Assessment
Technical study
Financial study
Organizational and administrative study
The Gulf Cooperation Council (GCC) countries comprise 0.7% of the world’s population; however, they represent 3% of global spending on processed food and beverages, at $102 billion out of a total of $3.4 trillion. This indicates that per capita food consumption in the region exceeds the global average. This is not surprising if we examine the situation closely. The population of the GCC countries now exceeds 58 million, and an estimated 56.3% of this population falls within the 25-54 age group. This important segment is the most dynamic and youthful segment of the food industry, compared to other groups.
Because Saudi Arabia accounts for approximately 59.7% of the total population of all GCC countries, and its share of the food and beverage market exceeds 53%, Mashroo3k Company decided to present indicators of this vital market in this blessed land. According to our latest available statistics:
By the end of the second quarter of 2021, the number of food product factories was estimated at 916, with 249 under construction. The number of beverage factories was 209, while the number of factories under construction was 71.
The number of food product factories represents 11.1% of the total number of existing and productive factories (8,258), and beverage factories represent 2.5% of the total number of factories in the Kingdom.
The food and beverage market in Saudi Arabia was estimated at approximately SAR 168.8 billion.
By the end of 2021, food consumption reached SAR 221 billion, a growth rate of 6%.
According to international reports, the value of food consumption in Saudi Arabia is US$70 billion, equivalent to 60% of the total food consumption in the Gulf region.
The fast food market in Saudi Arabia is expected to reach US$4.5 billion in the next three years. The size of the organic, health, and specialty food market in the Kingdom reached $27 billion, and the size of the halal food products market reached $6 billion.
Saudi Arabia’s food and beverage imports are estimated at approximately $14.5 billion annually.
In 2020, operating expenses for food and beverage services were estimated at approximately SAR 34,032.10 million, compared to SAR 30,069.23 million in 2018.
Food and beverage services operating revenues were estimated at SAR 61,557.77 million in 2020, compared to SAR 54,866.87 million in 2018.
Food and beverage services operating expenses are expected to reach SAR 52,489.34 million in 2027. Operating revenues for the same activities are expected to reach SAR 92,084.64 million (2027).
SAR 128,540,573 is the total expected operating revenue for the food industry in Saudi Arabia in 2027.
Global Food Sector:
According to UNICEF, the global malnutrition index rose to 9.8% in 2021.
Between 702 and 828 million people suffer from hunger worldwide.
Food market revenues are approximately US$8.66 trillion.
7.8% of the total food market revenues will be generated online.
9.4 billion tons is the total global primary crop production.
337 million tons is the total global red and white meat production.
883 million tons is the total global fruit production.
1128 million tons is the total global vegetable production.
201 million tons is the total world production of vegetable oils.
883 million tons is the total world production of dairy products.
83 million tons is the total world production of eggs.
The fast food market in Saudi Arabia is expected to reach $4.5 billion in the next three years.
The market for organic, health, and specialty foods in the Kingdom is estimated at $27 billion, and the halal food products market is estimated at $6 billion.
Saudi Arabia’s food and beverage imports are estimated at approximately $14.5 billion annually.
In 2020, operating expenses for food and beverage services were estimated at approximately SAR 34,032.10 million, compared to SAR 30,069.23 million in 2018.
Food and beverage services operating revenues were estimated at SAR 61,557.77 million in 2020, compared to SAR 54,866.87 million in 2018.
Food and beverage services operating expenses are expected to reach SAR 52,489.34 million in 2027. Operating revenues from the same activities are expected to reach SAR 92,084.64 million (2027).
Total operating revenues expected in 2027 for the food products industry in the Kingdom of Saudi Arabia are SAR 128,540,573 thousand.
