SR.No: 25
Almarai
Sector: Food & Beverages
Date of Establishment: 1977
Country: Saudi Arabia
CEO: Abdullah Al Bader
Sales: $4.1 billion
Profits: $516 million
Assets: $8.6 billion
Market Value: $14.3 billion
Almarai is one of the world’s largest vertically-integrated dairy companies, and one of the region’s largest food and beverage manufacturing and distribution companies. It has five divisions: dairy, bakery, juice, infant nutrition, and poultry. In 2020, Almarai reported an increase of 7.7% in net profits. Its market value also increased from $12.5 billion in 2019 to $14.3 billion in 2020. Abdullah Al Bader was appointed general manager of the bakery division in 2015 before becoming CEO in March 2021.