Introduction
Saudi Arabia is one of the largest importers of tuna in the Middle East region, with a growing demand for seafood products. Tuna is a popular choice among consumers in Saudi Arabia due to its health benefits and versatility in various dishes. In this report, we will explore the top 10 tuna import companies in Saudi Arabia, providing insights into their market share, financial performance, and key industry trends.
1. Almarai Company
Overview:
Almarai Company is one of the leading tuna import companies in Saudi Arabia, with a strong presence in the seafood market. The company imports a wide range of tuna products from different countries to meet the growing demand from consumers.
Financial Data:
Almarai Company reported a revenue of SAR 14.3 billion in 2020, with a significant portion coming from its seafood division. The company’s tuna imports have been steadily increasing over the years, reflecting the growing demand for tuna in Saudi Arabia.
2. Savola Group
Overview:
Savola Group is another major player in the tuna import market in Saudi Arabia. The company has a diverse portfolio of seafood products, including canned tuna, fresh tuna, and frozen tuna.
Financial Data:
Savola Group reported a revenue of SAR 22.5 billion in 2020, with a significant contribution from its seafood division. The company’s tuna imports have been on the rise, driven by changing consumer preferences and increasing health awareness.
3. Almunajem Foods
Overview:
Almunajem Foods is a prominent player in the seafood industry in Saudi Arabia, with a focus on importing high-quality tuna products. The company sources tuna from various countries to cater to the diverse preferences of consumers.
Financial Data:
Almunajem Foods reported a revenue of SAR 5.7 billion in 2020, with a significant portion coming from its tuna imports. The company has been investing in expanding its tuna product range to meet the growing demand in the market.
4. Americana Group
Overview:
Americana Group is a well-known name in the food and beverage industry in Saudi Arabia, with a strong presence in the seafood segment. The company imports a variety of tuna products to cater to the diverse culinary preferences of consumers.
Financial Data:
Americana Group reported a revenue of SAR 10.8 billion in 2020, with a significant contribution from its seafood division. The company’s tuna imports have been growing steadily, driven by the increasing demand for healthy and nutritious food options.
5. Al Rabie Saudi Foods Co.
Overview:
Al Rabie Saudi Foods Co. is a leading player in the food and beverage industry in Saudi Arabia, with a focus on importing high-quality tuna products. The company sources tuna from trusted suppliers to ensure quality and freshness.
Financial Data:
Al Rabie Saudi Foods Co. reported a revenue of SAR 3.2 billion in 2020, with a significant portion coming from its tuna imports. The company has been investing in expanding its tuna product range to meet the growing demand from consumers.
6. Al Kabeer Group
Overview:
Al Kabeer Group is a well-established player in the seafood industry in Saudi Arabia, with a diverse portfolio of tuna products. The company imports tuna from various countries to offer a wide range of options to consumers.
Financial Data:
Al Kabeer Group reported a revenue of SAR 6.5 billion in 2020, with a significant contribution from its seafood division. The company’s tuna imports have been on the rise, reflecting the growing popularity of tuna among consumers.
7. Al Othaim Markets Co.
Overview:
Al Othaim Markets Co. is a leading supermarket chain in Saudi Arabia, with a strong presence in the seafood segment. The company imports a variety of tuna products to cater to the diverse preferences of consumers.
Financial Data:
Al Othaim Markets Co. reported a revenue of SAR 2.8 billion in 2020, with a significant contribution from its seafood division. The company’s tuna imports have been growing steadily, driven by the increasing demand for high-quality seafood products.
8. Al Tazaj Fakieh Poultry Farms
Overview:
Al Tazaj Fakieh Poultry Farms is a well-known name in the poultry and seafood industry in Saudi Arabia, with a focus on importing fresh tuna products. The company sources tuna from trusted suppliers to ensure quality and freshness.
Financial Data:
Al Tazaj Fakieh Poultry Farms reported a revenue of SAR 1.5 billion in 2020, with a significant portion coming from its tuna imports. The company has been investing in expanding its tuna product range to meet the growing demand from consumers.
9. Al Hokair Group
Overview:
Al Hokair Group is a diversified conglomerate in Saudi Arabia, with interests in the food and beverage industry. The company imports a variety of tuna products to cater to the diverse culinary preferences of consumers.
Financial Data:
Al Hokair Group reported a revenue of SAR 4.3 billion in 2020, with a significant contribution from its seafood division. The company’s tuna imports have been on the rise, driven by the increasing demand for healthy and nutritious food options.
10. Abdullah Al Othaim Markets Co.
Overview:
Abdullah Al Othaim Markets Co. is a prominent supermarket chain in Saudi Arabia, with a strong presence in the seafood segment. The company imports a wide range of tuna products to meet the diverse preferences of consumers.
Financial Data:
Abdullah Al Othaim Markets Co. reported a revenue of SAR 3.7 billion in 2020, with a significant contribution from its seafood division. The company’s tuna imports have been growing steadily, reflecting the growing demand for high-quality seafood products in Saudi Arabia.
In conclusion, the tuna import market in Saudi Arabia is dominated by these top 10 companies, each playing a significant role in meeting the growing demand for tuna products in the country. With changing consumer preferences and increasing health awareness, the demand for high-quality seafood products like tuna is expected to continue growing in the coming years.
