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FINANCIAL NEWS
Saudi firms dominate 61% of GCC diary market
17 Sep 2010
(MENAFN) Saudi Arabia now accounts for a dominant 61 percent share of the GCC�s dairy market boosted by demand from an increasing number of health-conscious consumers, according to industry analysts.
Moreover, healthy and nutritious products such as fruit juices, flavoured milk drinks and yogurt are becoming more popular among the younger set of individuals or those in the 13 to 21 age bracket, who comprise up to 70 percent of the country’s total population, further contributing to the robust demand for dairy products, said the organisers of Saudi Agro-Food 2010.
Taking advantage of the growing consumer preference towards more nutritious food items, Saudi Agro-Food 2010 � The 17th International Tradeshow for Food Products, has organised various dedicated networking events for key industry players to discuss and explore various business and investment opportunities that have recently emerged, particularly in the dairy food segment.
The event will also incorporate specially designed lectures and workshops that will cover a wide range of industry topics, including food presentation, processing and packaging.
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