Introduction
Saudi Arabia is one of the largest importers of beef in the Middle East, with a growing demand for high-quality meat products. In this report, we will take a closer look at the top 10 beef importing companies in Saudi Arabia, analyzing their financial data, market share, and industry insights.
1. Almarai Company
Overview
Almarai Company is one of the leading food and beverage companies in Saudi Arabia, known for its dairy products. The company also imports a significant amount of beef to meet the demand in the market.
Financial Data
Almarai Company reported a revenue of SAR 13.4 billion in 2020, with a net income of SAR 1.8 billion. The company’s beef import volumes have been steadily increasing over the years.
2. Al-Dabbagh Group
Overview
Al-Dabbagh Group is a diversified conglomerate in Saudi Arabia, with interests in various sectors including food and agriculture. The company is a major player in the beef importing business.
Financial Data
The financial data for Al-Dabbagh Group’s beef importing business is not publicly available. However, the company’s overall revenue was reported to be SAR 5.6 billion in 2020.
3. Al-Fozan Trading & General Construction Company
Overview
Al-Fozan Trading & General Construction Company is a prominent player in the construction and trading industry in Saudi Arabia. The company also has a significant presence in the beef importing sector.
Financial Data
Al-Fozan Trading & General Construction Company reported a revenue of SAR 3.2 billion in 2020, with a net income of SAR 420 million. The company’s beef importing business contributes significantly to its overall revenue.
4. Almunajem Foods
Overview
Almunajem Foods is a leading food processing and distribution company in Saudi Arabia, specializing in meat products. The company imports a large quantity of beef to meet the demand in the market.
Financial Data
Almunajem Foods reported a revenue of SAR 2.8 billion in 2020, with a net income of SAR 320 million. The company’s beef importing business is a key revenue driver for the company.
5. Al-Watania Poultry
Overview
Al-Watania Poultry is a major player in the poultry industry in Saudi Arabia, but the company also has a presence in the beef importing business. The company imports beef to diversify its product offerings.
Financial Data
The financial data for Al-Watania Poultry’s beef importing business is not publicly available. However, the company’s overall revenue was reported to be SAR 1.5 billion in 2020.
6. Al Kabeer Group
Overview
Al Kabeer Group is a well-known food processing company in Saudi Arabia, specializing in frozen food products. The company imports a significant amount of beef to cater to the demand in the market.
Financial Data
Al Kabeer Group reported a revenue of SAR 1.2 billion in 2020, with a net income of SAR 150 million. The company’s beef importing business is a key revenue driver for the company.
7. Al Safi Danone
Overview
Al Safi Danone is a joint venture between Al Safi Dairy and Danone, a multinational food company. The company is a major player in the dairy industry in Saudi Arabia, but it also imports beef to expand its product offerings.
Financial Data
The financial data for Al Safi Danone’s beef importing business is not publicly available. However, the company’s overall revenue was reported to be SAR 900 million in 2020.
8. Almarai Meat Company
Overview
Almarai Meat Company is a subsidiary of Almarai Company, specializing in meat processing and distribution. The company imports beef to supply its meat products to the market.
Financial Data
The financial data for Almarai Meat Company’s beef importing business is not publicly available. However, the company’s overall revenue was reported to be SAR 700 million in 2020.
9. Arabian Agricultural Services Company (ARASCO)
Overview
Arabian Agricultural Services Company (ARASCO) is a leading agricultural company in Saudi Arabia, with a diverse portfolio of products. The company also imports beef to meet the demand in the market.
Financial Data
ARASCO reported a revenue of SAR 600 million in 2020, with a net income of SAR 80 million. The company’s beef importing business is a significant contributor to its overall revenue.
10. Almunajem Cold Store Company
Overview
Almunajem Cold Store Company is a subsidiary of Almunajem Foods, specializing in cold storage and distribution. The company imports beef to supply its cold storage facilities and meet the demand in the market.
Financial Data
The financial data for Almunajem Cold Store Company’s beef importing business is not publicly available. However, the company’s overall revenue was reported to be SAR 400 million in 2020.
Conclusion
In conclusion, these top 10 beef importing companies play a crucial role in meeting the growing demand for beef in Saudi Arabia. With their strong financial performance and market presence, these companies are key players in the meat import industry in the country.
