Saudi Arabia produced 558,000 metric tons of chicken meat from January to June. As reported by the Saudi Press Agency, the figure marks an all-time high for the nation and represents a 9% growth in less than a year.
The Saudi Ministry of the Environment, Water, and Agriculture released these numbers. The use of cutting-edge technology in producing methods and efficient hygiene procedures for the country’s chicken farms were the main drivers of this remarkable growth. In order to help the Saudi Arabian poultry sector grow, the Agricultural Development Fund is providing up to 70% in funding for ventures that use cutting-edge equipment.
The Ministry of Agriculture had earlier established the objective for the country to become independent in chicken meat as part of the nation’s continuing Vision 2023. The industry’s contribution to the Saudi national nutritional stability is the goal of this ambition. In addition, it implies creating more jobs and increasing the share of local manufacturing in all items utilized in the country.
The Saudi Ministry previously held an event for the nation’s pigeon growers in Riyadh, based on an SPA story published earlier in October. Guests were introduced to new approaches and enhanced manufacturing procedures throughout the session. In line with the nation’s overarching goal of increasing food security via environmentally conscious farming, the Ministry hopes to assist in increasing domestic production to sixteen million birds, or 12,000 metric tons of pigeon meat annually.
According to recent data from FAOstat, the statistical branch of the United Nations Food and Agriculture Organization, Saudi Arabia produces 1.13 million metric tons of poultry meat annually. The latest year for which statistics have been released is 2022. In addition, Saudi Arabia produced around 96 million metric tons of pigeon meat and 375,000 million metric tons of shell eggs domestically.
Saudi Investment on Food Security
The stock market watchdog has given permission for one of the top poultry enterprises in Saudi Arabia to place its stock on the market. Nine million units will be offered for sale in the first general selling of the Arabian Company for Agricultural and Industrial Investment, according to Arabian Gulf Business Insight. The result is equivalent to 30% of the entire capital of registered shares.
Entaj, a division of Arabian Agricultural Services business, has its headquarters in Saudi capital. The report claims that Entaj’s yearly output has risen to 185 million units as a consequence of a growth initiative finished earlier in 2024. The Saudi Agricultural and Livestock Investment firm purchased about 13 million stocks in MHP, an agri-food firm located in Ukraine, in September. The renowned Public Investment Fund, the Saudi source of local and international investments, is the sole owner of SALIC.
Two businesses in Riyadh have agreed to manufacture egg powder inside the country as part of the egg industry. The worldwide dairy business Almarai, located in Saudi Arabia, and the egg supplier Algharbia Farms serve as shareholders.
The nation’s need for premium, value-added egg items is rising. Additionally, without requiring refrigeration, egg powder may have an extended market life than whole eggs. Similar to the previous initiatives the Ministry disclosed, all sides seek to broaden the country’s gdp and increase local output via the application of inventiveness, new technological devices, and purposeful expenditure.
The Saudi Agricultural Exhibition 2024 is scheduled to inaugurate later this month. The exhibition, which will take place from October 21–24 at the Riyadh International Convention and Exhibition Center, has drawn attendance from over 350 Saudi agricultural enterprises and 30 foreign firms. The Ministry of Environment, Water, and Agriculture is organizing the expo, which is anticipated to draw up to 30,000 attendees.
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