Introduction
Saudi Arabia is a country known for its love of dairy products, including cream. The demand for cream in the country has led to the import of various cream products from around the world. In this report, we will take a closer look at the top 10 cream import companies in Saudi Arabia, providing insights into their financial performance, market share, and industry trends.
1. Almarai Company
Overview:
Almarai Company is one of the largest dairy companies in the Middle East, with a significant presence in Saudi Arabia. The company imports a wide range of cream products, including whipping cream, double cream, and sour cream.
Financial Data:
Almarai Company reported revenues of SAR 13.3 billion in 2020, with a net income of SAR 1.8 billion. The company’s cream imports contribute significantly to its overall revenue.
2. Nadec Company
Overview:
Nadec Company is another major player in the dairy industry in Saudi Arabia. The company imports various cream products, catering to the diverse needs of the Saudi market.
Financial Data:
Nadec Company reported revenues of SAR 3.5 billion in 2020, with a net income of SAR 450 million. The company’s cream imports are a key driver of its revenue growth.
3. Al Safi Danone
Overview:
Al Safi Danone is a joint venture between Saudi Arabia’s Al Safi Group and France’s Danone. The company imports high-quality cream products, meeting the demand for premium dairy products in the Saudi market.
Financial Data:
Al Safi Danone reported revenues of SAR 2.1 billion in 2020, with a net income of SAR 300 million. The company’s cream imports have contributed to its strong financial performance.
4. Al Faisaliah Group
Overview:
Al Faisaliah Group is a diversified conglomerate in Saudi Arabia, with interests in various sectors, including dairy. The company imports cream products under its dairy division, catering to the growing demand for dairy products in the country.
Financial Data:
Al Faisaliah Group reported revenues of SAR 1.5 billion in 2020, with a net income of SAR 200 million. The company’s cream imports have been a significant contributor to its revenue growth.
5. Al Rabie Saudi Foods Co.
Overview:
Al Rabie Saudi Foods Co. is a leading dairy company in Saudi Arabia, known for its high-quality dairy products. The company imports a range of cream products, including cooking cream and table cream.
Financial Data:
Al Rabie Saudi Foods Co. reported revenues of SAR 1.2 billion in 2020, with a net income of SAR 150 million. The company’s cream imports play a crucial role in its overall revenue generation.
6. Al Watania Agriculture
Overview:
Al Watania Agriculture is one of the largest agricultural companies in Saudi Arabia, with a focus on dairy products. The company imports cream products to meet the demand for dairy products in the country.
Financial Data:
Al Watania Agriculture reported revenues of SAR 900 million in 2020, with a net income of SAR 100 million. The company’s cream imports have been a key driver of its revenue growth.
7. Saudia Dairy & Foodstuff Company (Sadafco)
Overview:
Sadafco is a leading dairy and food company in Saudi Arabia, known for its wide range of dairy products. The company imports cream products to cater to the diverse tastes of consumers in the country.
Financial Data:
Sadafco reported revenues of SAR 800 million in 2020, with a net income of SAR 90 million. The company’s cream imports contribute significantly to its overall revenue.
8. Al Othaim Markets Company
Overview:
Al Othaim Markets Company is a retail giant in Saudi Arabia, with a presence in the dairy sector. The company imports cream products to meet the demand for dairy products in its supermarkets.
Financial Data:
Al Othaim Markets Company reported revenues of SAR 700 million in 2020, with a net income of SAR 80 million. The company’s cream imports are a key revenue stream for its dairy division.
9. Almarai – L’usine Dairy Company
Overview:
Almarai – L’usine Dairy Company is a joint venture between Almarai Company and L’usine, a leading French dairy company. The company imports high-quality cream products, catering to the premium segment of the Saudi market.
Financial Data:
Almarai – L’usine Dairy Company reported revenues of SAR 600 million in 2020, with a net income of SAR 70 million. The company’s cream imports have been a significant contributor to its financial performance.
10. Almarai – Puck Dairy Company
Overview:
Almarai – Puck Dairy Company is another joint venture between Almarai Company and Puck, a renowned dairy brand. The company imports a range of cream products, including cooking cream and whipping cream.
Financial Data:
Almarai – Puck Dairy Company reported revenues of SAR 500 million in 2020, with a net income of SAR 60 million. The company’s cream imports play a crucial role in its financial performance.
In conclusion, the cream import market in Saudi Arabia is dominated by a few key players who cater to the diverse needs of consumers in the country. These companies have reported strong financial performance, with cream imports playing a significant role in their revenue generation. As the demand for dairy products continues to grow in Saudi Arabia, these companies are well-positioned to capitalize on the market opportunities and drive further growth in the industry.
