Saudi food, hotel & hospitality arabia 2013 Food and Beverages Market
-Saudi Arabia – the highest potential market in the Gulf for new products and services
New foods, flavors, ingredients, additives, choices and needs are cropping up fast and are being met equally fast by restaurants, supermarkets, food outlets and catering.
Saudi Arabia’s fast food market is expected to reach a value of US$ 4.5 billion in the next three years, driven by high demand among young, affluent citizens. The packaged food market is expected to grow to US$ 21.7 billion by 2014 and sales rising by around 5% annually. The relatively young and educated population in the Kingdom is increasingly health conscious, embracing health and dietary foods and beverages; a market growing at nearly 12% a year.
Saudi Arabia also has an expanding food processing industry, which relies mostly on imported raw materials. This has prompted many international companies to set up licensing agreements with local manufacturers in Saudi Arabia, to produce their brands.
Across all areas of the food market, growth is due to continue to serve the widening demand of the domestic market and its burgeoning population. Suppliers able to provide these needs have the perfect opportunity to take advantage of food arabia to meet and conduct business with Saudi manufacturers, agents and distributors.
Hotel and hospitality: Sky is the limit for the hotel, hospitality and catering industry to explore opportunities
The Kingdom’s tourism market exceeds US$ 15 billion annually and expected to reach US$ 60 billion by 2019. The direct contribution of expected to reach US$ 60 billion by 2019. The direct contribution of US$ 14.9 billion.
Saudi Arabia’s hotel and hospitality industry is set to grow with inbound travel that continues to increase, thanks to pilgrims and business visitors. As such the Kingdom is already witnessing a boom in the hotel and hospitality sector. Plans are being executed for increasing hotel rooms, furnished apartments, leisure resorts, restaurants and food outlets.
Mega tourism projects on the Red Sea coast, which will have a total of 557,000 rooms by 2015, provide a wave of opportunity for local and international suppliers alike.
Catering and event-related services are also on the rise as a maturing population hosts more weddings, festivals and national celebrations.
The massive investment in the creation of the colossal King Abdullah Economic City in Rabigh, near Jeddah, and other new economic cities will have state-of-the-art hotels and hospitality facilities. The government is currently looking to harness industry expertise from around the globe to maintain international standards.
Jeddah’s hotel & hospitality arabia exhibition is an important ingredient in any marketing mix and is truly a unique platform for local and international exhibitors
Contact Details
Contact Person:Event Manager
Telephone:
Fax:
Email:
-Saudi Arabia – the highest potential market in the Gulf for new products and services
New foods, flavors, ingredients, additives, choices and needs are cropping up fast and are being met equally fast by restaurants, supermarkets, food outlets and catering.
Saudi Arabia’s fast food market is expected to reach a value of US$ 4.5 billion in the next three years, driven by high demand among young, affluent citizens. The packaged food market is expected to grow to US$ 21.7 billion by 2014 and sales rising by around 5% annually. The relatively young and educated population in the Kingdom is increasingly health conscious, embracing health and dietary foods and beverages; a market growing at nearly 12% a year.
Saudi Arabia also has an expanding food processing industry, which relies mostly on imported raw materials. This has prompted many international companies to set up licensing agreements with local manufacturers in Saudi Arabia, to produce their brands.
Across all areas of the food market, growth is due to continue to serve the widening demand of the domestic market and its burgeoning population. Suppliers able to provide these needs have the perfect opportunity to take advantage of food arabia to meet and conduct business with Saudi manufacturers, agents and distributors.
Hotel and hospitality: Sky is the limit for the hotel, hospitality and catering industry to explore opportunities
The Kingdom’s tourism market exceeds US$ 15 billion annually and expected to reach US$ 60 billion by 2019. The direct contribution of expected to reach US$ 60 billion by 2019. The direct contribution of US$ 14.9 billion.
Saudi Arabia’s hotel and hospitality industry is set to grow with inbound travel that continues to increase, thanks to pilgrims and business visitors. As such the Kingdom is already witnessing a boom in the hotel and hospitality sector. Plans are being executed for increasing hotel rooms, furnished apartments, leisure resorts, restaurants and food outlets.
Mega tourism projects on the Red Sea coast, which will have a total of 557,000 rooms by 2015, provide a wave of opportunity for local and international suppliers alike.
Catering and event-related services are also on the rise as a maturing population hosts more weddings, festivals and national celebrations.
The massive investment in the creation of the colossal King Abdullah Economic City in Rabigh, near Jeddah, and other new economic cities will have state-of-the-art hotels and hospitality facilities. The government is currently looking to harness industry expertise from around the globe to maintain international standards.
Jeddah’s hotel & hospitality arabia exhibition is an important ingredient in any marketing mix and is truly a unique platform for local and international exhibitors
Contact Details
Contact Person:Event Manager
Telephone:
Fax:
Email:
