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Wednesday, 20 November 2013

Saudi Arabia Agribusiness Report Q1 2014:Food & Beverage Market Research Reports

Food & Beverage Market Research Reports
 
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Saudi Arabia Agribusiness Report Q1 2014
Nov 20th 2013, 00:00, by vyankatesh

BMI View: Saudi Arabia will increasingly be dependent on global grain supply, as the country has decided to phase out domestic grain production in a bid to preserve the country’s water supply. The government has not abandoned its strategy of self-sufficiency in poultry and has been ramping up incentives to expand capacity production. This strategy has paid off, as the three major producers in the sector have all started heavy investment initiatives. We believe Saudi Arabia will find sufficient grain supply from the Black Sea region and the EU to supply its meat and food processing industry in the coming …

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