Jeddah International Agro-food and Print-packing Exhibition

Exhibition Date: December 3rd - 5th, 2024

Exhibition Venue: Jeddah International Exhibition Center

Organizer: KAC INTERNATIONAL EXHIBITION GROUP LIMITED

Exhibition Categories:

- Food and beverages

- Additives and seasonings

- Food machinery and technology

- Food processing machinery and technology

- Food packaging machinery and measuring equipment

Market introduction:

As the largest oil-producing country in the Middle East, Saudi Arabia possesses remarkable consumer power, making it the largest end-consumer market in the region. Approximately 60% of the imports to the Middle East undergo final consumption in Saudi Arabia, ensuring higher profits for exporters compared to mature markets in Europe, the United States, and Southeast Asia. Over 70% of the population in Saudi Arabia is below 30 years old, with 46% being under 20 years old, contributing to strong purchasing power.

Saudi Arabia, being the largest food consumer in the Gulf region, accounts for 74.1% of the total production of the Gulf Cooperation Council. It annually imports over $1.42 billion worth of food and beverage products to meet its consumption demands.

The high population growth rate leads to an increased demand for packaged food, and the government supports the food industry. With the population expected to reach 33 million by 2021, changes in lifestyle and dietary habits are anticipated, resulting in the growing popularity of the food retail and service industry. This rapid growth prompts many international companies to invest in this sector and establish joint ventures with Saudi companies.

By 2020, the number of tourists is expected to double, reaching 88 million from 47 million in 2008. Hotel room availability will increase from 120,000 to 255,000, and the number of hotel employees will grow from 10,200 to 18,600. The influx of tourism has led to significant growth in the hotel industry, registering a 127% increase over the past decade. With the hotel market in Saudi Arabia projected to grow by 83% in the coming year, substantial opportunities are expected for the hotel and related supplies industry.