Mashroo3k Economic Consulting Company offers a feasibility study for a food packaging factory project, to achieve the highest return on profit and the best payback period, through a set of accurate studies of the size of the Saudi market, analysis of the strategies of local and foreign competitors, and competitive price offers.
The food packaging factory packs sugar and rice in different sizes, from 1 kg to 40 kg. The demand for food packaging is constantly increasing, which qualifies the project to provide distribution services locally and export to other countries.
Mashroo3k Economic Consulting Company provides investors wishing to invest in a food packaging factory project in Saudi Arabia with: A range of specialized feasibility studies. It is based on up-to-date databases specific to the Saudi market. What makes a project successful. and maximize profitability. The best payback period, through a set of accurate studies of the size of the Saudi market, analysis of the strategies of local and foreign competitors, and the ability to provide competitive price offers.
<Mashroo3k Economic Consulting Company is keen to ensure that the successful food packaging factory project has the latest sugar and rice packaging technology available in the market, and to rely on a complete operational team that is distinguished by the ability to innovate and renew. The project targets wholesalers and retailers.
Executive Summary
Study of project services/products
Market size study
Risk assessment study
Technical study
Financial study
Organizational and administrative study
The GCC countries comprise only 0.7% of the world’s population; however, they account for 3% of global spending on processed food and beverages, amounting to $102 billion out of a total of $3.4 trillion. This indicates a high per capita food consumption in the region, exceeding the global average.
This is not surprising when we take a closer look; the population of the GCC countries now exceeds 58 million, with approximately 56.3% of them falling within the age group of 25 to 54 years. This vital and youthful demographic forms the backbone of the food industry market, being the most dynamic compared to other age groups.
Saudi Arabia alone accounts for around 59.7% of the total GCC population and holds over 53% of the region’s food and beverage market share. Given this, “Mashroo3k” has decided to present key indicators of this vital market in the Kingdom, based on the latest available statistics.