National Agricultural Development Co. (NADEC) has completed the first phase of its seventh cattle farm in the Saudi village of Haradh, and is expected to reach full capacity within Q1-2016, the company said in a newly released report.
The new farm reached a total capacity of 10,000 cattle at the end of last year.
Nadec’s herd of cattle grew by ten percent year-on-year (YoY) in 2015 to 70,000, feeding on over 1,300 tons of fodder on a daily basis.
Meanwhile, the company’s production capacity expanded by 112 million liters, or 16 percent YoY, as raw milk output reached 382 million liters last year.
Nadec’s juice products dominated the largest share of total sales at 25 percent. Fresh milk and fresh laban followed with around 15 percent each.
The company added that almost 75 percent of the first phase in its Sudan-based fodder plant was finalized, as part of its overseas agricultural investment plan.
The Saudi cabinet recently decided to stop the cultivation of green fodder in the kingdom within the next three years.
Market Share by Product (2015) |
|
Product |
Percentage of Sales in Saudi Market |
Fruit Juices |
24.7% |
Fresh Laban |
15.1% |
Fresh Milk |
14.5% |
Yogurt |
13.8% |
Long-Life Milk |
7.1% |
Cheese |
5.9% |
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