Saudi food producer Almarai plans to invest more than $4 billion through 2031, expanding manufacturing capacity, entering new product categories and strengthening its presence in priority markets.
Almarai unveiled its 2026-2031 growth strategy at a capital markets day in Riyadh on Thursday, outlining plans to build on its established brands, manufacturing operations and distribution network.
The investment will support capacity expansion and strengthen manufacturing, supply chain and other capabilities, the company said.
Almarai identified four priorities: strengthening its core categories, selectively entering new product segments, expanding in channels such as foodservice and e-commerce, and growing in priority markets.
The company said the strategy was designed to capture opportunities arising from long-term growth in the food and beverage sector and rising consumer demand for high-quality products.
“Our new growth strategy is supported by our trusted brands, industry-leading capabilities, and one of the region’s most integrated food and beverage platforms. Today, we are entering the next phase of our journey from a position of strength,” CEO Fawaz Aljasser said.
The company also aims to broaden consumer choice, improve supply chain resilience and strengthen local manufacturing, Aljasser said.
Almarai said its manufacturing, distribution and innovation capabilities would help it pursue growth while continuing to deliver the quality and value consumers expect.
