Introduction
The dairy industry in Saudi Arabia has been experiencing significant growth over the past few years, with an increasing demand for dairy products driven by a growing population and changing consumer preferences. In this report, we will analyze the top 10 dairy shops in Saudi Arabia by market share, providing insights into their financial performance, market positioning, and industry trends.
1. Almarai Company
Overview
Almarai Company is the largest dairy company in Saudi Arabia, dominating the market with a wide range of dairy products including milk, cheese, yogurt, and other dairy items. The company has a strong presence in the region and is known for its high-quality products and innovative marketing strategies.
Financial Data
Almarai Company reported a revenue of SAR 14.5 billion in 2020, representing a 5% increase from the previous year. The company’s net profit also saw a growth of 8% to reach SAR 2.5 billion in 2020.
Market Share
Almarai Company holds the largest market share in the Saudi Arabian dairy industry, accounting for approximately 40% of the total market share.
2. Nadec Company
Overview
Nadec Company is another prominent player in the Saudi Arabian dairy market, offering a wide range of dairy products such as milk, cheese, and yogurt. The company has a strong distribution network and a loyal customer base.
Financial Data
Nadec Company reported a revenue of SAR 3.2 billion in 2020, with a net profit of SAR 400 million. The company’s financial performance has been stable over the years, reflecting its strong market position.
Market Share
Nadec Company holds a significant market share in the Saudi Arabian dairy industry, accounting for approximately 15% of the total market share.
3. Al Safi Danone Company
Overview
Al Safi Danone Company is a joint venture between Al Safi Group and Danone, a multinational food products company. The company offers a wide range of dairy products, including milk, yogurt, and cheese, catering to the diverse needs of consumers.
Financial Data
Al Safi Danone Company reported a revenue of SAR 2.5 billion in 2020, with a net profit of SAR 300 million. The company’s financial performance has been steady, reflecting its strong market presence.
Market Share
Al Safi Danone Company holds a significant market share in the Saudi Arabian dairy industry, accounting for approximately 12% of the total market share.
4. Al Faisaliah Group
Overview
Al Faisaliah Group is a diversified conglomerate in Saudi Arabia, with interests in various sectors including dairy. The company operates dairy farms and processing facilities, producing a range of dairy products for the local market.
Financial Data
Al Faisaliah Group’s dairy division reported a revenue of SAR 1.8 billion in 2020, with a net profit of SAR 250 million. The company’s financial performance has been strong, reflecting its established presence in the market.
Market Share
Al Faisaliah Group holds a significant market share in the Saudi Arabian dairy industry, accounting for approximately 10% of the total market share.
5. Aljazira Poultry Farm
Overview
Aljazira Poultry Farm is a leading poultry and dairy company in Saudi Arabia, known for its high-quality products and strong brand reputation. The company offers a range of dairy products, including milk, cheese, and yogurt.
Financial Data
Aljazira Poultry Farm reported a revenue of SAR 1.5 billion in 2020, with a net profit of SAR 200 million. The company’s financial performance has been robust, reflecting its competitive position in the market.
Market Share
Aljazira Poultry Farm holds a significant market share in the Saudi Arabian dairy industry, accounting for approximately 8% of the total market share.
6. Al Rabie Saudi Foods Co.
Overview
Al Rabie Saudi Foods Co. is a well-known dairy company in Saudi Arabia, offering a wide range of dairy products such as milk, juice, and yogurt. The company has a strong distribution network and a loyal customer base.
Financial Data
Al Rabie Saudi Foods Co. reported a revenue of SAR 1.2 billion in 2020, with a net profit of SAR 150 million. The company’s financial performance has been stable, reflecting its established presence in the market.
Market Share
Al Rabie Saudi Foods Co. holds a significant market share in the Saudi Arabian dairy industry, accounting for approximately 7% of the total market share.
7. Al Watania for Industries
Overview
Al Watania for Industries is a leading industrial company in Saudi Arabia, with interests in various sectors including dairy. The company operates dairy farms and processing facilities, producing a range of dairy products for the local market.
Financial Data
Al Watania for Industries’ dairy division reported a revenue of SAR 1 billion in 2020, with a net profit of SAR 100 million. The company’s financial performance has been strong, reflecting its established presence in the market.
Market Share
Al Watania for Industries holds a significant market share in the Saudi Arabian dairy industry, accounting for approximately 5% of the total market share.
8. Saudia Dairy and Foodstuff Company (SADAFCO)
Overview
Saudia Dairy and Foodstuff Company (SADAFCO) is a well-known dairy company in Saudi Arabia, offering a wide range of dairy products such as milk, cheese, and ice cream. The company has a strong brand presence and a loyal customer base.
Financial Data
SADAFCO reported a revenue of SAR 800 million in 2020, with a net profit of SAR 90 million. The company’s financial performance has been stable, reflecting its competitive position in the market.
Market Share
SADAFCO holds a significant market share in the Saudi Arabian dairy industry, accounting for approximately 4% of the total market share.
9. Almarai Al Badiah Farm
Overview
Almarai Al Badiah Farm is a subsidiary of Almarai Company, specializing in dairy products such as milk, cheese, and yogurt. The farm operates dairy farms and processing facilities, ensuring the supply of high-quality dairy products to the market.
Financial Data
Almarai Al Badiah Farm reported a revenue of SAR 600 million in 2020, with a net profit of SAR 70 million. The farm’s financial performance has been strong, reflecting its strategic importance to the overall business of Almarai Company.
Market Share
Almarai Al Badiah Farm holds a significant market share in the Saudi Arabian dairy industry, accounting for approximately 3% of the total market share.
10. Al Safi Dairy Co.
Overview
Al Safi Dairy Co. is a well-established dairy company in Saudi Arabia, offering a range of dairy products such as milk, yogurt, and cheese. The company has a strong brand reputation and a loyal customer base.
Financial Data
Al Safi Dairy Co. reported a revenue of SAR 500 million in 2020, with a net profit of SAR 60 million. The company’s financial performance has been stable, reflecting its competitive position in the market.
Market Share
Al Safi Dairy Co. holds a significant market share in the Saudi Arabian dairy industry, accounting for approximately 2% of the total market share.
Conclusion
In conclusion, the dairy industry in Saudi Arabia is dominated by a few key players who have established a strong market presence and brand reputation. The top 10 dairy shops in the country have been able to capture a significant market share by offering high-quality products and innovative marketing strategies. As the demand for dairy products continues to grow in the region, these companies are well-positioned to capitalize on the opportunities in the market and drive further growth in the industry.