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Olive oil production project from olive farms
The project aims to establish an olive farm to produce olive oil in Saudi Arabia, with a focus on sustainable farming techniques.
The project will rely on using the best olive varieties suitable for the local environment and applying modern pressing methods to ensure the quality of the oil.
The project will contribute to meeting the growing demand for local olive oil in the Saudi market and enhance the Kingdom’s position as a major exporter of olive oil. The project will create job opportunities in farming and pressing and enhance the value of the Kingdom’s agricultural sector.
Opportunity Content
Rationale for choosing the project
The growing demand for olive oil:
Olive oil is a healthy oil that is in high demand due to its associated health benefits such as improving heart health and lowering cholesterol.
Favorable agricultural conditions:
Areas such as Al Jouf and Tabuk are famous for growing olive trees, with the right climatic conditions to produce high-quality olive oil.
Boosting exports:
The Kingdom has great opportunities to export olive oil to Gulf and international markets, providing additional income and support for the national economy.
Government support for the agricultural sector:
The government provides financial and technical support to encourage olive cultivation and olive oil production as part of the strategy to boost local production.
Demand analysis
Targeted Sectors:–
households: Those who use olive oil in daily cooking.
Restaurants and hotels: Those who rely on olive oil as an essential ingredient in healthy meals.
Food processing companies: Use olive oil in products such as sauces and preserves.
Market trends:
The olive oil market in Saudi Arabia is expected to grow at 8-10% annually, driven by local and international demand.
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