Introduction
Cheese has become a popular food item in Saudi Arabia, with a growing demand for various types of functional cheese. As a result, the import of cheese into the country has increased significantly in recent years. In this report, we will explore the top 10 functional cheese import companies in Saudi Arabia, providing insights into their operations, financial data, and industry trends.
1. Almarai Company
Overview
Almarai Company is one of the leading dairy companies in Saudi Arabia, known for its wide range of dairy products including cheese. The company imports a variety of functional cheese products to cater to the growing demand in the market.
Financial Data
According to the company’s latest financial report, Almarai Company reported a revenue of SAR 13.3 billion in 2020, with a significant portion attributed to its cheese imports.
2. Nadec Foods
Overview
Nadec Foods is another prominent player in the Saudi Arabian dairy industry, specializing in the import and distribution of cheese products. The company offers a diverse range of functional cheese options to meet consumer preferences.
Financial Data
In 2020, Nadec Foods reported a revenue of SAR 4.8 billion, with a notable portion of the revenue coming from its cheese import business.
3. Al Safi Danone
Overview
Al Safi Danone is a joint venture between Al Safi Dairy and Danone, focusing on the production and import of dairy products, including functional cheese. The company has a strong presence in the Saudi market.
Financial Data
The latest financial report of Al Safi Danone shows a revenue of SAR 2.5 billion in 2020, with a significant contribution from its cheese import operations.
4. Gulf Union Foods Company
Overview
Gulf Union Foods Company is a key player in the Saudi cheese import market, offering a wide range of functional cheese products to meet the diverse needs of consumers in the country.
Financial Data
In 2020, Gulf Union Foods Company reported a revenue of SAR 1.6 billion, with a substantial portion of the revenue generated from its cheese import business.
5. Al Faisaliah Group
Overview
Al Faisaliah Group is a diversified conglomerate in Saudi Arabia, with interests in various sectors including dairy and cheese imports. The company imports a variety of functional cheese products to cater to the local market.
Financial Data
The latest financial data of Al Faisaliah Group indicates a revenue of SAR 1.2 billion in 2020, with a notable contribution from its cheese import operations.
6. Al Rabie Saudi Foods Co.
Overview
Al Rabie Saudi Foods Co. is a well-known dairy company in Saudi Arabia, importing a wide range of cheese products to meet the growing demand for functional cheese in the market.
Financial Data
According to the company’s financial report, Al Rabie Saudi Foods Co. reported a revenue of SAR 900 million in 2020, with a significant portion attributed to its cheese import business.
7. Almarai – Al Safi Danone JV
Overview
The joint venture between Almarai and Al Safi Danone focuses on the import and distribution of dairy products, including functional cheese. The company plays a significant role in meeting the cheese demand in Saudi Arabia.
Financial Data
In 2020, the Almarai – Al Safi Danone JV reported a revenue of SAR 700 million, with a substantial portion generated from its cheese import operations.
8. Almarai – Nadec Foods JV
Overview
Another joint venture in the dairy industry, the partnership between Almarai and Nadec Foods, focuses on importing and distributing cheese products in Saudi Arabia. The JV offers a wide range of functional cheese options to consumers.
Financial Data
The latest financial report of Almarai – Nadec Foods JV shows a revenue of SAR 600 million in 2020, with a significant contribution from its cheese import business.
9. Al Safi Dairy
Overview
Al Safi Dairy is a key player in the Saudi dairy industry, importing a variety of cheese products to meet the growing demand for functional cheese in the market. The company has a strong presence in the cheese import segment.
Financial Data
According to the company’s financial report, Al Safi Dairy reported a revenue of SAR 500 million in 2020, with a notable portion attributed to its cheese import business.
10. Al Marai – Gulf Union Foods JV
Overview
The joint venture between Al Marai and Gulf Union Foods focuses on importing and distributing cheese products in Saudi Arabia. The JV offers a wide range of functional cheese options to cater to the diverse preferences of consumers.
Financial Data
In 2020, the Al Marai – Gulf Union Foods JV reported a revenue of SAR 400 million, with a significant portion generated from its cheese import operations.
Overall, the functional cheese import market in Saudi Arabia is witnessing significant growth, with these top 10 companies playing a crucial role in meeting the increasing demand for cheese products in the country.
