Ahmad Husain’s Post

We are pleased to announce the launch of the Global Star Group Fruit Market Bulletin, designed to provide key insights into market trends across the region in cities including Jeddah, Medina, Riyadh, Dammam, Bahrain, and Dubai. Every Monday our bulletin will cover the latest data on various fresh produce categories. By highlighting wholesale prices in USD per box, we aim to offer growers and exporters worldwide valuable market intelligence to help guide business decisions and strategies in the region. The prices reported are collected over the weekend (Saturdays and Sundays) and published on Mondays. While Global Star Group is committed to delivering accurate and reliable market information, the data presented should be interpreted as indicative trends. It is important to note that these prices are not intended to be the sole basis for commercial decisions, and Global Star Group assumes no liability for actions taken based solely on this report. We welcome any enquiries or requests for additional clarifications, please feel free to message us directly on LinkedIn. #GlobalStarGroup #SaudiArabia #Bahrain #Dubai #MarketBulletin #FruitMarketTrends #Growers #Exporters #FreshProduce

Toluna’s newly released report, ‘2024 Ramadan & Eid al-Fitr Insights,’ offers a deep dive into the anticipated consumer behavior in the UAE and Saudi Arabia during the forthcoming Ramadan season. Key insights from the report include: ·      Bulk Purchases: A significant number of consumers in Saudi Arabia (over 60%) and the UAE (over 40%) plan to make bulk purchases of food and groceries at the onset of Ramadan. ·      Spending Patterns: An increase in shopping expenditure is expected, with over 50% of consumers in both countries planning to spend more. ·      SVOD Consumption: Despite the festive season, 72% of consumers do not foresee an increase in their usage of Subscription Video On Demand (SVOD) platforms. ·      Product Interests: The report also breaks down consumer interest across various product categories. These findings provide valuable insights for businesses and marketers to effectively tailor their strategies during this festive period. #ramadan #eid #consumerbehavior #uae #saudiarabia #shopping #svod #insights #research #study #fmcg #foodandbeverage #consumerbehavior

🛍 Economic resilience shapes Saudi FMCG landscape. Food and dairy categories dominate #FMCG spending, contributing 41.4% and 28.7% respectively to the sector’s total value. They are also benefiting from high purchase frequency – shoppers are buying food and dairy products an average of 15.1 times per month – as well as significant online engagement. Shopper age and income level have a major influence on spending habits and consumption trends. Brands need to understand how this influences their FMCG #spendinghabits, and create #productstrategies in line with these trends. For instance, while Saudis within the higher socio-economic levels have slightly reduced their consumption, the middle classes present a potential sweet spot for volume growth. Discover new #gowthopportunities in #Saudi's FMCG market with ourstudy. Download it here and reach out to Worldpanel expert Imtiaz Hashem for more #consumerinsights 👉 https://lnkd.in/d5CwQZ4a

The #Saudi_Arabia_Soft_Drinks_Market, valued at US$ 12,649 million in 2022, is on a trajectory of steady #growth, projected to reach a valuation of US$ 21,026.3 million by 2031, boasting a commendable #CAGR of 5.92%. This evolution reflects a notable shift in consumer preferences towards #healthier beverage choices, driven by a growing #awareness of health and #wellness. 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐎𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐅𝐫𝐞𝐞: https://lnkd.in/gKu4zqq6 As #individuals in Saudi Arabia embrace healthier lifestyles, there's a rising #demand for low-calorie, sugar-free, natural, and #organic alternatives in the soft drinks segment. #Manufacturers are responding to this trend by diversifying their product #portfolios, offering a broader range of #beverages that align with evolving consumer preferences and cater to their #health-conscious mindset. Moreover, the rising #disposable income among Saudi consumers plays a pivotal role in fueling #market growth. Supported by factors such as oil exports and government initiatives, the country's #growing #economy has translated into higher levels of disposable income and increased purchasing #power. 𝐌𝐚𝐣𝐨𝐫 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐒𝐨𝐟𝐭 𝐃𝐫𝐢𝐧𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 Aujan Coca-Cola Beverages Company (ACCBC) Al Rabie Saudi Foods Co. Al-Jomaih IRC National Dry Beverages Saudi Industrial Development Fund - SIDF Abdullah Abrar Almarai Company Limited. - Ksa Al Safi Danone #SoftDrinksMarket #SaudiArabia #BeverageIndustry #HealthierChoices #WellnessTrends #ConsumerPreferences #PremiumBeverages #HealthAndWellness #MarketGrowth #InnovationInDrinks

In 2024, the revenue in the Online Food Delivery market in the GCC is projected to reach US$16.32bn. It is expected to show an annual growth rate (CAGR 2024-2029) of 7.29%, resulting in a projected market volume of US$23.20bn by 2029. Led by Saudi Arabia … According to statista Talabat dominates the scene of the delivery aggregators with 55% of market share.

Introducing the Global Star Group Fruit Market Bulletin I am proud to present the first edition of the Global Star Group Fruit Market Bulletin. This comprehensive report provides key insights into wholesale fruit market trends across major cities, including Jeddah, Medina, Riyadh, Dammam, Bahrain, and Dubai. This bulletin has been designed to support growers and exporters operating in these markets by offering timely and accurate data on pricing, categorized by produce type and region. Each Monday, we will publish wholesale prices in USD per box for various fresh produce, providing valuable information to help inform business decisions. Our goal with this initiative is to deliver essential market intelligence for navigating the rapidly changing conditions in this dynamic region. I believe this resource will be invaluable for planning and optimizing operations. Feel free to reach out with any feedback or inquiries, and stay tuned for our next update! #GlobalStar #FruitMarketBulletin #Growers #Exporters #MarketTrends #FreshProduce #BusinessIntelligence #Argentina #Australia #Bahrain #Chile #China #Ecuador #Egypt #India #Indonesia #Italy #Oman #Pakistan #Peru #Philippines #Poland #Qatar #SaudiArabia #SouthAfrica #Spain #Turkey #UAE #USA

According to a recent report by the Business Registration & Licensing (BRL) sector in the Dubai Economy, the number of operating businesses in the field of vegetable and fruit trading has reached 2,495, including 557 companies specializing in dried vegetables and fruits. Most of these companies have been licensed since 1963 until now. 📊 The vegetable and fruit trading sector benefits from the exceptional advantages offered by Dubai in terms of infrastructure and logistics services readiness. The speed of providing services is one of the key advantages provided by the emirate for this vital sector. 🌱🍎🛳️ 📣 Stay updated with the latest news with us. Contact us: 📞 | +971 50 538 2042, +971 54334 0077 📧 | info@gulftimemedia.com 🌎 | fmcghorecabusiness.com 🌎 | fmcguae.com #fruits #vegetables #trading #companies #fmcgsuccess #globalbrands #globalmarket #shopping #innovative #products #exports #fmcgproducts #horecatrends #fmcgbusiness #fmcghorecabusiness #viral #viralpost #trendingnow #trend #dubai #online

The FMCG industry in Saudi Arabia has shown remarkable resilience and growth in the past two years, despite the challenges posed by the pandemic and the economic downturn. According to the latest data from Statista, the food and beverages market size in Saudi Arabia reached 221 billion Saudi Riyal in 2021, up from 207 billion in 2019. The retail sales value of food and non-alcoholic beverages is expected to grow further to 271 billion U.S. dollars by 2025. Some of the key drivers of this growth are the changing consumer preferences, the increasing demand for convenience and quality products, the rising disposable income, and the digital transformation of the FMCG sector. The Saudi consumers are becoming more health-conscious, environmentally aware, and socially responsible, which creates new opportunities for FMCG companies to innovate and differentiate their products. Moreover, the FMCG sector is leveraging e-commerce, social media, and data analytics to reach and engage with the consumers more effectively and efficiently. As a FMCG professional, I am excited to be part of this dynamic and growing industry in Saudi Arabia. I look forward to collaborating with my peers and partners to create value for our customers and stakeholders. I invite you to share your thoughts and insights on the FMCG trends and opportunities in Saudi Arabia in the comments below.

Consumer Trends in KSA A significant trend impacting the FMCG sector in Saudi Arabia is the increasing consumer emphasis on health and wellness. Driven by a heightened awareness of the health implications associated with diet and lifestyle choices, Saudi consumers are gravitating towards healthier food and beverage options. This shift is evident in the rising demand for organic, natural, and functional products that promise added health benefits. Brands that can align their offerings with this wellness narrative, through product innovation and clear, transparent labeling, are poised to capture a growing segment of the market. Despite a growing price sensitivity among some segments, there is a notable trend towards premiumization within the Saudi FMCG market. A segment of consumers is willing to pay a premium for products that offer superior quality, exclusivity, or a luxury experience. This trend is not limited to high-income consumers but spans across various demographic groups, driven by a desire for indulgence and differentiation. FMCG brands that can elevate the consumer experience through premium offerings or limited-edition products will find opportunities to thrive. #ksa #consumertrends

As part of our Ramadan-themed series this week, we are excited to share some of the key trends uncovered through our survey, starting today.   #1 𝐑𝐚𝐦𝐚𝐝𝐚𝐧 𝐚𝐭 𝐡𝐨𝐦𝐞 𝐢𝐧 𝐔𝐀𝐄, 𝐎𝐮𝐭 𝐚𝐧𝐝 𝐚𝐛𝐨𝐮𝐭 𝐢𝐧 𝐊𝐒𝐀 As Ramadan unfolds, we're witnessing a fascinating shift in consumer behavior, between UAE and KSA.    In the UAE, there's a growing trend of Ramadan festivities moving indoors, as consumers opt for intimate gatherings within the comfort of their homes. This is reflected in the predominant consumer demand to purchase groceries to prepare special dishes at home.    In KSA, there's an eagerness amongst consumers to venture out during Ramadan as there are multiple new attractions and places to visit. Consequently, the top consumer priority in KSA is to look well dressed and groomed.    We'd love to hear your thoughts! Share your perspective on these trends and stay tuned throughout the week as we unveil more insights in Part 2 of our Ramadan series.