Almarai earmarks $4 billion for expansion through 2031
Arabian Post Staff -Dubai Saudi Arabia’s Almarai plans to invest more than $4 billion through 2031 to expand production capacity, diversify its food and beverage portfolio and strengthen its presence across priority markets. The Riyadh-based company unveiled details of its 2026–2031 growth strategy at a capital markets day on Thursday, outlining four priorities covering established businesses,…
Saudi Arabian food and beverage giant Almarai has announced a $4 billion investment plan to grow its operations through 2031. The Riyadh-based company outlined its strategy at a capital markets day event, highlighting four key areas of focus: expanding production capacity, diversifying its product offerings, strengthening its presence in priority markets, and pursuing growth opportunities in foodservice and e-commerce channels.
The $15 billion Saudi riyals investment will support additional manufacturing capacity and operational improvements to sustain growth across the company's regional operations. Almarai CEO Fawaz Aljasser emphasized that the strategy aims to reinforce existing product categories while exploring new opportunities, and will also advance food security, domestic manufacturing, and economic diversification goals.
The company, already reporting robust revenue growth, aims to translate this success into stronger profitability through productivity improvements and cost management.
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