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Inaugural SaudiFood Manufacturing show to put spotlight on Kingdom’s F&B manufacturing industry

Inaugural SaudiFood Manufacturing show to put spotlight on Kingdom’s F&B manufacturing industry

Held under the patronage of H.E. bander Ibrahim Al Khorayef, Minister of Industry and Mineral Resources

fdturkey by fdturkey
27/04/2024
in Company News, News In General
Reading Time: 2 mins read
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The inaugural edition of SaudiFood Manufacturing, the first dedicated F&B manufacturing event in the Kingdom spanning processing, packaging and ingredients; will be the launchpad for the industry to take its place at the heart of Saudi Arabia’s economic transformation. Following the highly successful launch of The SaudiFood Show, the largest food event in the Kingdom, organisers KAOUN International and dmg events, today unveiled highlights of the much-anticipated SaudiFood Manufacturing event, taking place at Riyadh Front from 30 April – 2 May, under the patronage of the Minister of Industry and Mineral Resources, His Excellency Bandar bin Ibrahim AlKhorayef.

Underpinning the fast-growing F&B market in Saudi Arabia – currently worth around USD 60billion and growing at 4 percent per year, the Saudi F&B manufacturing industry is on the cusp of a step change in its growth and importance within the nation’s economy.

Trixie LohMirmand, CEO of KAOUN International, commented: “The launch of SaudiFood Manufacturing coincides with a pivotal moment in the F&B manufacturing industry, both in Saudi Arabia and globally. To achieve the ambitious goals of Vision 2030, the Saudi government is focusing on diversifying the nation’s industrial base, while enhancing the security and resilience of food systems, encouraging investments in F&B manufacturing to establish the Kingdom as a prominent global F&B hub. Concurrently, rapid technological advancements are revolutionizing the industry by enhancing efficiency, quality, and safety while reducing costs.

The inaugural edition of SaudiFood Manufacturing will provide participants with valuable insights into these market dynamics, showcasing how leading global players are addressing them and how businesses can effectively leverage these trends”.

Strong official backing for first edition
One of the key forces driving Saudi Arabia’s industrial transformation, and creating an attractive environment for inward investment and innovation, is the Saudi Authority for Industrial Cities and Technology Zones (MODON). The Strategic Partner for the launch edition.

Ali Alomeir, VP of Business Development at MODON said: “After the success of the first edition of the Saudi Food Show last year, the first edition of the SaudiFood Manufacturing Show 2024 also comes with a strategic partnership with MODON, reflecting MODON’s pivotal role in achieving the goals of the National Strategy for Industry, and the Saudi Vision 2030, to achieve food security and effectively contribute to diversifying the national economy”.

Tags: #diversification#economictransformation#F&Bmanufacturing#foodmanufacturing#foodsecurity#foodsystems#globalhub#industrialtransformation#innovation#MODON#nationalstrategy#SaudiArabia#saudifoodmanufacturing#vision2030Foodindustryinvestmenttechnology
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