BMI View: Saudi Arabia will face growing economic headwinds over 2016, with
the non-oil sector under pressure on the back of reduced government spending.
Food and Drink sales will gradually decline as consumer sentiment slows over
this period. The Saudi Arabian market still holds positive long-term growth
opportunities as the consumer outlook remains favourable owing to its young and
growing population as well as rising urbanisation.
Key Views & Developments
-Saudi Arabia's favourable demographics will boost food sales, as the country
benefits from a large consumer base and high per capita food consumption.
-There are plans to implement a tax on energy drinks and soft drinks to combat
high consumption of unhealthy foods.
-On June 13 2016, Saudi Arabia's 75% limit on foreign investment was lifted to
100% ownership for foreign companies within the wholesale and retail sector.
BMI Industry View ... 7
SWOT ...... 8
Food & Drink .... 8
Industry Forecast .. 10
Consumer Outlook ..... 10
Latest Updates 10
Structural Trends ..... 10
Food ..... 11
Latest Updates 11
Structural Trends ..... 12
Table: Food Sales (Saudi Arabia 2013-2020) . . . . 13
Drink .... 16
Latest Updates 16
Structural Trends ..... 16
Non-Alcoholic Drinks ........ 17
Table: Non-Alcoholic Drinks Sales (Saudi Arabia 2013-2020) . . . . 19
Mass Grocery Retail .. 20
Latest Updates 20
Structural Trends ..... 20
Industry Risk Reward Index ... 22
Middle East And North Africa - Risk/Reward Index ....... 22
Table: Middle East & North Africa - Food & Drink Risk/Reward Index, Q416 . . . . . 25
Saudi Arabia Risk/Reward Index .... 28
Market Overview ... 30
Food ..... 30
Market Drivers & Trends .... 30
Drink .... 33
Market Drivers & Trends .... 33
Mass Grocery Retail .. 35
Market Drivers & Trends .... 35
Competitive Landscape . 36
Table: Key Players In Saudi Arabia's Food & Drink Sector . 36
Table: Key Players In Saudi Arabia's Mass Grocery Retail Sector 37
Company Profile .... 38
Al Azizia Panda (Savola Group) ..... 38
Almarai . 41
Al Rabie Saudi Foods . 44
Aujan .... 46
Carrefour ........ 49
Danone .. 51
LuLu (EMKE Group) . 53
Saudia Dairy & Foodstuff Company (SADAFCO) 55
Demographic Forecast .. 57
Demographic Outlook 57
Table: Population Headline Indicators (Saudi Arabia 1990-2025) 58
Table: Key Population Ratios (Saudi Arabia 1990-2025) . . . . 58
Table: Urban/Rural Population & Life Expectancy (Saudi Arabia 1990-2025) . . . . . 59
Table: Population By Age Group (Saudi Arabia 1990-2025) 59
Table: Population By Age Group % (Saudi Arabia 1990-2025) . . . 60
Glossary ........ 62
Food & Drink . 62
Mass Grocery Retail . 62
Methodology . 64
Industry Forecast Methodology .... 64
Sector-Specific Methodology ........ 65
Sources 65
Risk/Reward Index Methodology ... 66
Table: Food & Drink Risk/Reward Index Indicators . . . 67
Table: Weighting . . . . 68
Saudi Arabia Infrastructure Report
BMI View: We significantly downgraded our short-term outlook for the Saudi
Arabian construction sector on the back of liquidity in the market severely
drying up, following a reduction in government spending. Beyond 2016 the goals
of Vision 2030 will be key to opening up the infrastructure market with the
potential of private investment
Saudi Arabia Pharmaceuticals and Healthcare Report
BMI View: The combined value of Saudi Arabia's pharmaceutical and healthcare
markets is the largest in the Middle East and Africa region. The Kingdom's
National Transformation Program, a key part of Vision 2030, reinstates the
government's commitment to improving healthcare provision in the country.
Nonetheless, the rising burden of non
Saudi Arabia Petrochemicals Report
The Saudi government is targeting national petrochemicals output of 115mn
tonnes in 2016, which represents a 46% increase since 2013. There are 26
petrochemicals projects under construction at a cost of USD15bn while another 42
are planned over the next five years at an estimated cost of USD46bn. However,
there is the ongoing threat fro