News

Saudi Arabia boosts camel milk production

Camel Milk
Dairy
Saudi Arabia
Published Aug 29, 2023

Tridge summary

Saudi Arabia's Sovereign Investment Fund (PIF) has established the Sawani Company to enhance the production of camel milk and diversify the country's economy. Sawani intends to collaborate with the private sector to increase production capacity, modernize production, and ensure sustainable growth in the camel milk sector. The market for camel milk products in the Gulf Cooperation Council countries reached $702.4 million in 2022 and is expected to experience an average growth rate of 4.51% from 2023 to 2028.
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Original content

Saudi Arabia's Sovereign Investment Fund (PIF) has set up the Sawani Company to boost the country's camel milk production amid efforts to diversify the economy. Sawani intends to work with the private sector to increase production capacity, modernize production and ensure sustainable growth in the camel milk sector. According to research firm IMARC, in 2022, the camel milk product market in the Gulf Cooperation Council countries reached $702.4 million and is expected to grow by an average of 4.51% from 2023 to 2028. year. Camel milk is an integral part of the culture of Saudi Arabia and is gradually gaining popularity among consumers around the world. Compared to cow's milk, camel milk contains lower levels of fat and cholesterol. It is also rich in vitamins, calcium, iron, protein, antioxidants and is easily absorbed by the body, Sawani says. Currently, Saudi Arabia is one of the world's largest producers of camel milk with an annual production of ...
Source: Milknews
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