Introduction
Cheese is a popular dairy product consumed worldwide, and Saudi Arabia is no exception. The demand for shredded and grated cheese in Saudi Arabia has been steadily increasing due to the growing popularity of Western cuisine in the country. As a result, many import companies have emerged to cater to this demand. In this report, we will explore the top 10 shredded and grated cheese import companies in Saudi Arabia, providing insights into their financial data, industry trends, and market share.
1. Almarai Company
Overview
Almarai Company is one of the largest dairy companies in Saudi Arabia, known for its wide range of dairy products, including cheese. The company imports a variety of shredded and grated cheese from international suppliers to meet the demand of the Saudi market.
Financial Data
In 2020, Almarai Company reported a revenue of SAR 14.5 billion, with a net profit of SAR 1.8 billion. The company’s cheese segment contributed significantly to its overall revenue.
2. Savola Group
Overview
Savola Group is a leading food company in Saudi Arabia, with a diverse portfolio of food products. The company imports shredded and grated cheese from various countries to supply the local market.
Financial Data
Savola Group reported a revenue of SAR 22.4 billion in 2020, with a net profit of SAR 1.2 billion. The company’s cheese imports have been a key contributor to its revenue growth.
3. Al Rabie Saudi Foods Co.
Overview
Al Rabie Saudi Foods Co. is a well-known food company in Saudi Arabia, specializing in dairy products. The company imports a range of shredded and grated cheese to cater to the growing demand in the market.
Financial Data
In 2020, Al Rabie Saudi Foods Co. reported a revenue of SAR 3.6 billion, with a net profit of SAR 400 million. The company’s cheese imports have been a key driver of its revenue growth.
4. Nadec Foods
Overview
Nadec Foods is a prominent food company in Saudi Arabia, known for its high-quality dairy products. The company imports shredded and grated cheese from international suppliers to meet the needs of the local market.
Financial Data
Nadec Foods reported a revenue of SAR 2.1 billion in 2020, with a net profit of SAR 250 million. The company’s cheese imports have been a significant contributor to its revenue growth.
5. Al Safi Danone Co.
Overview
Al Safi Danone Co. is a joint venture between Al Safi Dairy and Danone, specializing in dairy products. The company imports a variety of shredded and grated cheese to cater to the diverse tastes of the Saudi market.
Financial Data
In 2020, Al Safi Danone Co. reported a revenue of SAR 1.5 billion, with a net profit of SAR 180 million. The company’s cheese imports have been a key driver of its revenue growth.
6. Almarai International Co.
Overview
Almarai International Co. is a subsidiary of Almarai Company, specializing in the import and distribution of dairy products. The company imports shredded and grated cheese from international suppliers to meet the demand in the Saudi market.
Financial Data
In 2020, Almarai International Co. reported a revenue of SAR 800 million, with a net profit of SAR 100 million. The company’s cheese imports have been a significant contributor to its revenue growth.
7. Almarai Al Badiah Co.
Overview
Almarai Al Badiah Co. is a subsidiary of Almarai Company, focusing on the import and distribution of dairy products. The company imports a variety of shredded and grated cheese to cater to the diverse tastes of the Saudi market.
Financial Data
In 2020, Almarai Al Badiah Co. reported a revenue of SAR 500 million, with a net profit of SAR 80 million. The company’s cheese imports have been a key driver of its revenue growth.
8. Al Faisaliah Group
Overview
Al Faisaliah Group is a diversified business conglomerate in Saudi Arabia, with interests in various sectors, including food. The company imports shredded and grated cheese from international suppliers to supply the local market.
Financial Data
Al Faisaliah Group reported a revenue of SAR 1.2 billion in 2020, with a net profit of SAR 150 million. The company’s cheese imports have been a significant contributor to its revenue growth.
9. Almarai Dairy Factory
Overview
Almarai Dairy Factory is a subsidiary of Almarai Company, specializing in the production of dairy products. The company imports shredded and grated cheese from international suppliers to meet the demand in the Saudi market.
Financial Data
In 2020, Almarai Dairy Factory reported a revenue of SAR 700 million, with a net profit of SAR 90 million. The company’s cheese imports have been a key driver of its revenue growth.
10. Al Safi Danone Factory
Overview
Al Safi Danone Factory is a subsidiary of Al Safi Danone Co., specializing in the production of dairy products. The company imports a variety of shredded and grated cheese to cater to the diverse tastes of the Saudi market.
Financial Data
In 2020, Al Safi Danone Factory reported a revenue of SAR 600 million, with a net profit of SAR 70 million. The company’s cheese imports have been a significant contributor to its revenue growth.
In conclusion, the shredded and grated cheese import market in Saudi Arabia is dominated by these top 10 companies, each contributing significantly to the growing demand for cheese in the country. With the rise in popularity of Western cuisine and the increasing disposable income of consumers, the market for shredded and grated cheese imports is expected to continue to expand in the coming years.
Related Analysis: View Previous Industry Report
