Salt production and packaging plant

Study request

Mashroo3k Economic Consulting Company offers a feasibility study for a salt production and packaging plant project, with the highest profitability and best payback period. This study is based on a series of in-depth studies of the Iraqi market size, an analysis of local and foreign competitors’ strategies, and the ability to provide competitive pricing.

share capital

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Recovery period Third year

Salt Production and Packaging Plant Project

Salt Production and Packaging Plant Project

The salt production and packaging plant project is one of the projects attracting the interest of the Iraqi government and funding agencies in Iraq, as it provides a basic commodity for many other industries seeking to advance in light of the Iraqi government’s vision to implement reconstruction policies. The plant aims to produce and supply salt to several sectors, such as pharmaceutical industries, laboratories, food factories of all kinds, and dye and textile factories.

Consultants from Mashroo3k Economic Consulting Company indicate that the diversity of sectors in which the salt production and packaging plant contributes makes it an attractive option for Iraqi investors, given the government’s policies to revive the industrial sector. It also offers the possibility of developing the plant’s production lines according to the latest international standards, increasing its export opportunities and contributing to other important sectors, such as the livestock feed industry, oil refining, and wastewater recycling plants.

Mashroo3k Economic Consulting provides Iraqi investors interested in investing in a salt production and packaging plant project with a set of specialized feasibility studies based on up-to-date databases specific to the Iraqi market. These studies help ensure the project’s success, achieve the highest return on investment, and provide the best payback period. These studies are conducted through accurate studies of the size of the Iraqi market, analysis of the strategies of local and foreign competitors, and the provision of competitive pricing.

Salt Production and Packaging Factory Products

Salt Production and Packaging Factory Products

  • 250g Salt Packets
  • 500g Salt Packets
  • 1000g Salt Packets
  • 2000g Salt Packets

mashroo3k for Economic Consulting ensures that a successful salt production and packaging factory project incorporates the latest production technology, advanced packaging, and a fully operational team with the ability to innovate and renew. This is in addition to the numerous well-considered opinions provided by your project consultants, to shorten the path to achieving the best return on investment.

Why Mashroo3k ?

Why Mashroo3k ?

  • Mashroo3k has over 11 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
  • Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
    Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
  • The company’s geographic reach spans 35 countries across all continents.
  • Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
  • Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
  • Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
  • With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.
  • Project Features
  • Study Contents
  • Sector Indicators
  • The project as an investment opportunity
مؤشرات القطاع
  • Use of industrial technology.
  • Use of high-quality raw materials.
  • The salt industry relies on experts and technicians.
  • Increasing the efficiency of the mining sector’s contribution to the GDP.
  • Availability of salt sources.

Executive Summary

  • About the project
  • Financial indicators
  • Justifications for establishing the project
  • Government investment incentives in the project field
  • Target Markets
  • Project indicators and final results

Study of project services/products

  • Study of project services/products
  • Description of the project and all its products/services

Market Size Study

  • Familiarity with distribution channels
  • Consumer behavior, desires and nature
  • Competitors’ products or services, and what their strengths and weaknesses are.
  • Nature of the market and its characteristics
  • The volume of demand for the product or service provided
  • Available share of target market
  • The best way to market

Risk study

  • Identify risks
  • Impact of risks on the project
  • Risk prevention methods

Technical study

  • Detailed description of project products Expected production capacity Determination of investment costs
  • Determine the volume of electrical energy and water
  • Determine the project’s labor needs
  • Determine project requirements
  • Construction and building cost calculation
  • Total Capital Calculation
  • Determine annual operating costs
  • Determine the amount of working capital

Financial study

  • Total investment costs required for the project
  • Organizing the cash flow and income statements as well as the financial position statement for the first ten years of operation.
  • Determine the expected annual revenues of the project in light of the specified operational capacities.
  • The optimal financing structure for the project in light of the investors’ capabilities and in light of the financing granting conditions
  • Project financial indicators and sensitivity analysis

Organizational and administrative study

  • Project manpower
  • Organizational structure
  • Job Duties
المشروع كفرصة استثمارية

The Gulf Cooperation Council (GCC) countries account for 0.7% of the world’s population. However, they contribute 3% of global spending on processed food and beverages, totaling $102 billion out of $3.4 trillion worldwide. This indicates higher per capita food consumption in the region, surpassing the global average.

This is not surprising, considering that the GCC population exceeds 58 million, with 56.3% of residents aged 25 to 54 years—a young and active demographic that significantly drives the food industry.

Saudi Arabia’s Food and Beverage Market

Saudi Arabia accounts for 59.7% of the GCC’s total population and holds a 53% share of the region’s food and beverage market. Given this, “Mashroo3k” presents key indicators of this vital sector in the Kingdom based on the latest available statistics:

  • By the end of Q2 2021, there were 916 operating food manufacturing plants, with 249 under construction.
  • The beverage industry had 209 factories, with 71 under construction.
  • Food manufacturing plants represent 11.1% of all operating factories (8,258 in total), while beverage factories account for 2.5%.
  • Saudi Arabia’s food and beverage market was valued at 168.8 billion SAR.
  • By the end of 2021, food consumption reached 221 billion SAR, growing at a 6% annual rate.
  • According to global reports, food consumption in Saudi Arabia was valued at $70 billion, making up 60% of the GCC’s total food consumption.
  • The fast-food market in Saudi Arabia is projected to reach $4.5 billion within the next three years.
  • The organic, healthy, and specialty food market in the Kingdom is valued at $27 billion, while the halal food market is worth $6 billion.
  • Saudi Arabia imports $14.5 billion worth of food and beverages annually.
  • In 2020, operating expenses for food and beverage services were estimated at 34,032.10 million SAR, up from 30,069.23 million SAR in 2018.
  • Operating revenues for food and beverage services were valued at 61,557.77 million SAR in 2020, compared to 54,866.87 million SAR in 2018.
  • By 2027, operating expenses for food and beverage services are expected to reach 52,489.34 million SAR, while operating revenues are forecasted to hit 92,084.64 million SAR.
  • The total expected operating revenue for Saudi Arabia’s food manufacturing industry in 2027 is projected to be 128,540,573 thousand SAR.

Global Food Industry Overview

  • According to UNICEF, the global malnutrition rate increased to 9.8% in 2021.
  • 702 to 828 million people worldwide suffer from hunger.
  • The global food market revenue is approximately $8.66 trillion.
  • 7.8% of total food market revenue is generated through online sales.
  • 9.4 billion tons – total global primary crop production.
  • 337 million tons – global red and white meat production.
  • 883 million tons – total fruit production worldwide.
  • 1,128 million tons – total vegetable production worldwide.
  • 201 million tons – total vegetable oil production worldwide.
  • 883 million tons – total milk production worldwide.
  • 83 million tons – total egg production worldwide.
مؤشرات المشروع
  • The fast food market in Saudi Arabia is expected to reach $4.5 billion in the next three years.
  • The market for organic, health, and specialty foods in the Kingdom is estimated at $27 billion, and the halal food products market is estimated at $6 billion.
  • Saudi Arabia’s food and beverage imports are estimated at approximately $14.5 billion annually.
  • In 2020, operating expenses for food and beverage services were estimated at approximately SAR 34,032.10 million, compared to SAR 30,069.23 million in 2018.
  • Food and beverage services operating revenues were estimated at SAR 61,557.77 million in 2020, compared to SAR 54,866.87 million in 2018.
  • Food and beverage services operating expenses are expected to reach SAR 52,489.34 million in 2027. Operating revenues from the same activities are expected to reach
  • 92,084.64 million riyals (2027 AD).

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Keywords:

Salt production and packaging plant Salt production and packaging plant project
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