Consumer Goods and Retail Report Blog

Saudi Arabia food processing equipment market is expected to grow at a robust CAGR over the next five years. The market growth can be attributed to the rising applications of food processing equipment in meat and poultry. Besides, growing concerns in consumers related to food safety and the increasing popularity of convenience foods among the growing workforce of the country is expected to drive the market further. Rapidly expanding population, changing lifestyle preferences, state support, and high personal disposable income are some of the factors contributing to the market growth. Major food processing equipment manufacturers are hugely investing in multinational and domestic companies such as PepsiCo and SAVOLA, which is aiding the market growth. Being the largest economy in the Arab world, Saudi Arabia has favourable trade agreements that ranges from local food manufacturers to major companies. Thus, high demand for healthier foods and continuous advancements made in the food proc