Malachy Mitchell, Managing Director, Farrelly Mitchell – reveals how balancing demand generation and ensuring supplies to meet demand is key for success. Government is a vital link to production capacity with various support schemes as well.
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- Saudi market characteristics food consumption in the region expected to grow at 4.6% CAGR
- Saudi domestic supply and import gap is widening in volume – value gap is even wider
- Balancing demand generation and ensuring supplies to meet demand is key – Government is a vital link to production capacity with various support schemes
- Food imports projected to increase to 83% of total food requirement
- Rising food prices globally leaves the region vulnerable to food price shocks &inflation
- Key high growth sectors and forecasted growth rates over the next 5 years (CAGR)
Food and agribusiness consultants
Farrelly Mitchell help companies to grow profits, increase efficiencies or invest or divest a business. Our agribusiness M&A services, coupled with our risk advisory, due diligence, and financial feasibility studies allows us to comprehensively support any investment or acquisition in the agrifood industry. Contact our commercial and technical experts today to find out more.
