Sugar packing plant

Study request

The phrase is to establish a factory for packing and packaging sugar. Sugar is considered one of the highly demanded and consumed products that are used primarily in many foods and sweets. The sugar industry is one of the important industries that creates many connections with other industries. The project packs the sugar product in different sizes.

Capital

rate of return

Recovery period Second year

Project Description

The phrase of establishing a sugar packaging factory. Sugar is one of the highly demanded and consumed products that are mainly used in many foods and sweets. The sugar industry is one of the important industries that creates many connections with other industries. The project packages the sugar product in different sizes starting from one kilogram to fifty kilograms in addition to producing 5-gram packages. The factory aims to distribute its products to owners of wholesale and retail stores, hypermarkets and supermarkets, juice and soft drinks factories, confectionery factories, hotels and restaurants. Sugar is considered a strategic commodity due to its special importance in food, as its availability at reasonable prices is considered one of the most important factors of social stability. The sugar packaging factory seeks to be the customer’s first choice in the field of packaging by ensuring the highest quality of products. While providing exceptional care to customers and employees. And constantly striving to achieve competitive advantages through product quality and competitive prices so that the project leads as a leading company in this field.

Project Products

5 kg sugar packs.
10 kg sugar packs.
20 kg sugar packs.
25kg sugar packs.
50 kg sugar packs.

Why Mashroo3k ?

Mashroo3k has over 11 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
The company’s geographic reach spans 35 countries across all continents.
Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.

Use of technology in packaging.
Attention to the quality of packaged products.
Having a highly efficient team.
Take care of the general cleanliness of the factory.
Supervision and management with precision and discipline in work.
Full care of products during transportation and storage.
Working to ensure that all customer requirements are met.
Using the latest technology in product promotion.
Work on commitment to distribution operations on the agreed date.

Executive Summary

About the project
Financial Indicators
Rationale for the project
Government investment incentives in the project field
Target Markets
Project indicators and final results

Study of project services/products

Project description and all its products/services.
Project advantages and production requirements.

Market size study.

Understanding distribution channels.
Consumer behavior, preferences, and tendencies.
Competitors’ products or services, along with their strengths and weaknesses.
Market nature and its characteristics.
The demand size for the offered product or service.
The available share of the target market.
The optimal marketing strategy.

Risk assessment study.

Risk identification.
The impact of risks on the project.
Risk prevention methods.

Technical study

A detailed description of the project’s products, expected production capacity, and determination of investment costs.
Determining the required electricity and water capacity.
Determining the project’s labor requirements.
Determining the project’s requirements.
Calculating construction and building costs.
Calculating the total capital
Determining the annual operating costs.
Determining the amount of working capital.

Financial study.

Total investment costs required for the project.
Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
Determine the expected annual revenues of the project in light of the specified operational capacities
The optimal financing structure for the project in light of investors’ capabilities and financing conditions.
The project’s financial indicators and sensitivity analysis.

Organizational and administrative study.

Project workforce.
Organizational structure.
Job responsibilities.

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.

until the end of the second quarter of 2021. The number of food product manufacturing factories was estimated at approximately 916, with an additional 249 factories under construction. As for beverage manufacturing factories, there were 209 operational factories, while 71 were still under construction.
The number of food product manufacturing factories represents 11.1% of the total operational and productive factories (8,258 factories) in the Kingdom, while beverage manufacturing factories account for 2.5% of the total number of factories.
The food and beverage market in Saudi Arabia was estimated to be worth approximately 168.8 billion SAR.
By the end of 2021, the consumption of food products in Saudi Arabia reached 221 billion SAR, reflecting a 6% growth rate.
According to global reports, the food consumption value in Saudi Arabia is estimated at $70 billion, which accounts for 60% of the total food consumption in the Gulf region.
The fast food market in Saudi Arabia is expected to reach $4.5 billion over the next three years.

The organic, healthy, and specialty food market in Saudi Arabia reached $27 billion, while the halal food market was valued at $6 billion.
Saudi Arabia’s food and beverage imports are estimated at approximately $14.5 billion annually.
In 2020. The operating expenses for food and beverage service activities were estimated at 34,032.10 million SAR, compared to 30,069.23 million SAR in 2018.
The operating revenues for food and beverage service activities were estimated at 61,557.77 million SAR in 2020, compared to 54,866.87 million SAR in 2018.
The operating expenses for food and beverage service activities are expected to reach 52,489.34 million SAR by 2027, while the operating revenues for the same sector are projected to reach 92,084.64 million SAR.
The total expected operating revenues for the food product manufacturing industry in Saudi Arabia by 2027 are estimated to reach 128,540.57 million SAR.