Saudi Arabia’s food factory count rises to 1,300

Saudi Arabia’s food factory count rises to 1,300

The total number of food factories operated by the Saudi Authority for Industrial Cities and Technology Zones (Modon) has reached 1,300, across 36 cities. The increase signifies the growing capacity of the domestic food industry and its localisation efforts, the state-run Saudi Press Agency reported. Food industry companies have recorded a growth rate of more […]The total number of food factories operated by the Saudi Authority for Industrial Cities and Technology Zones (Modon) has reached 1,300, across 36 cities.

The increase signifies the growing capacity of the domestic food industry and its localisation efforts, the state-run Saudi Press Agency reported.

Food industry companies have recorded a growth rate of more than 31 percent in recent years, Modon said, reflecting its ambition to become the preferred hub for both local and international food industry firms.

The state-run entity is a strategic partner of the inaugural edition of the SaudiFood Manufacturing Show, which will be held from April 30 to May 2 in Riyadh. Over 400 global food brands in the field of processing, and packaging and ingredients are taking part.

Established in 2001, the areas overseen by Modon include six industrial oases.

Saudi Arabia is the largest and fastest-growing market in the Middle East’s food and beverage