The market is dominated by domestic suppliers, as imports account for 42.3% of total market size in 2022. B2B drives market demand, with B2B spending representing 81.6% of total demand in 2022. Saudi Arabia has the second largest market size for starches and starch products regionally, with demand reaching USD589 million in 2022. Savola Group Co is the largest company in Saudi Arabia, generating 47.7% of the industry’s total production value in 2022. The industry is concentrated, with the top three companies generating 65.9% of total production value in 2022. The total number of companies increases in 2022, to 40 units. The costs of the industry increase by 18.2% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 27.6% of production value in 2022, the seventh highest regionally. The industry’s exports share decreases in 2022 to 12.2% of total production output. With production value of USD351 million, Saudi Arabia accounts for 18.6% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Starches and Starch Products in Saudi Arabia: ISIC 1532. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Starches and Starch Products in Saudi Arabia: ISIC 1532 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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