Saudi Arabia: Retail Foods
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U.S. exports of consumer-oriented food products to Saudi Arabia increased approximately 11 percent in 2019 to a record high of $588 million while retail sales of packaged food were estimated at approximately $20 billion. Even though COVID-19 delayed some U.S. exports in 2020, Post anticipates a recovery in 2021 due in part to a growing population with more disposable income. U.S. food is generally viewed as a higher-quality product, and the United States is well-positioned to gain market share in traditional retail outlets and several new home delivery food buying apps.
