Saudi Arabia: Food Processing Ingredients
Saudi Arabia is the largest economy in the Arab world and home to a growing food manufacturing and processing sector. Total investments in the sector are projected to reach $70 billion in 2030, an increase of approximately 59 percent over total investments in 2016. Most Saudi food manufacturers depend on imports for food ingredients and subsequently imported a total of $2.8 billion ($317 million from the United States) worth of intermediate food products in 2021. While the United States continued to thrive on traditional exports, Post anticipates healthier foods will be a major driver in Saudi Arabia over the next several years. In 2021, the United States exported approximately $1.34 billion in agricultural products to Saudi Arabia.