The market is dominated by foreign suppliers, as imports account for 51.8% of total market size in 2023. B2B drives market demand, with B2B spending representing 83.3% of total demand in 2023. Saudi Arabia has the second largest market size for starches and starch products regionally, with demand reaching USD659 million in 2023. Savola Group Co is the largest company in Saudi Arabia, generating 48.2% of the industry’s total production value in 2023. The industry is concentrated, with the top three companies generating 66.4% of total production value in 2023. The total number of companies increases in 2023, to 41 units. The costs of the industry decrease by 2.2% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 25.7% of production value in 2023, the ninth highest regionally. The industry’s exports share increases in 2023 to 15.9% of total production output. With production value of USD351 million, Saudi Arabia accounts for 17.8% of the Middle East and North Africa total in 2023.
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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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