06/09/2023

Almarai Fourth-Most Valuable Dairy Brand Globally In 2023

Brand Finance, the world's leading brand valuation consultancy, has ranked Almarai fourth among the world's most valuable dairy companies in 2023 after the value of Almarai brand rose 24% year over year to $3.4 billion according to Brand Finance's annual world brands report 2023.

 

The market value of Almarai is 64.20 billion SR in the Saudi stock market. The dairy sector is the largest of the company's segments, which was founded in 1977 as a dairy company and later became an integrated food company, including juices, baked goods, poultry, and infant food.

 

"Throughout its more than 45-year journey, Almarai has consistently worked to build an integrated system of diverse food sectors that contribute to supporting the Kingdom's food security; Almarai underscored its commitment to the consumers of its products to provide food and beverages of high nutritional value and quality in the various markets in which it exists in.  which affected the brand value and its advanced position among global food companies positively." Abdullah Al-Otaibi, Head of Corporate Communication and Public Relations at Almarai, said.

 

Almarai is the world's largest vertically integrated dairy company and is today the largest food and beverage producer and distributor in the Middle East. Its high-quality food products reach more than 120 million consumers in the Kingdom, the Arabian Gulf, Egypt, and Jordan.

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