Over 200 prominent global investors and venture capitalists will convene in Saudi Arabia this October for the inaugural InFlavour event. This Riyadh-based food sector showcase aims to become a leading industry summit, focusing on sustainability, technology, and social impact in its first edition.
This consortium includes influential local, regional, and international food industry figures. They will come together at the InFlavour Investor Programme to explore emerging opportunities within Saudi Arabia’s food service market.
The Kingdom’s Ministry of Investment conservatively projects a six percent annual growth in this sector, with an estimated worth of US$30.47 billion by 2029.
Distinguished attendees at the inFlavour event include:
- HRH Prince Khaled bin Alwaleed Al Saud, Founder and CEO of KBW Ventures
- Andrew D. Ive, Founder & Managing General Partner of Big Idea Ventures
- Manav Gupta, Chief Executive Officer of Brinc
- Bjoern Witte, Managing Partner and CEO of Blue Horizon
Prince Khaled Anticipates InFlavour Impact on Saudi F&B Growth
HRH Prince Khaled bin Alwaleed Al Saud remarked, “InFlavour is shaping up to be a significant F&B industry summit, bringing together key players from various facets of the industry. I’m eager to hear the presentations in Riyadh.”
Saudi Arabia’s potential to transform the food industry can be attributed to increased tourism and significant government-backed national development programs, including The Red Sea Project and Qiddiya, set to be completed by 2030.
InFlavour, curated by Saudi Arabia’s Ministry of Environment Water & Agriculture (MEWA) in collaboration with Tahaluf, aims to accelerate the growth of the country’s food industry. This growth is spurred by investments in hotels and resorts, an influx of food and beverage entrepreneurs, and a commitment to technological advancement.
InFlavour’s Startup Pitch Fest with Royal Judging, and Tahaluf’s Investment and Collaboration Initiatives
InFlavour’s inaugural event will feature a Five-Star Pitch Fest, where startups will compete for game-changing prizes in front of an elite judging panel headed by HRH Prince Khaled bin Alwaleed Al Saud.
Michael Champion, CEO of Tahaluf, emphasized InFlavour’s role as a platform for global food industry stakeholders to collaborate on investment, innovation, and partnerships. The event is expected to contribute to socio-economic growth and provide opportunities for young Saudi nationals.
Tahaluf focuses on connecting investors with startups, offering a platform for collaboration. InFlavour’s “Invest and Indulge” program will connect investors with various projects, fostering diversification of their portfolios. The InFlavour Investor Programme aims to help food sector innovators secure development funding.
InFlavour: Notable Keynote Speakers, Investment Firms, and Industry Insights
Notable keynote speakers, including Nick Cooney and Amy Wu, will address key industry trends. The event will also bring together influential investment firms to explore innovations in the food industry.
InFlavour’s speaker faculty will discuss essential industry topics, such as sustainable food systems and the role of investors in addressing food security. Panel discussions will explore female empowerment in the industry and the role of food in achieving Saudi Arabia’s Vision 2030.
InFlavour occurs during a period of transformation in Saudi Arabia’s food industry, with significant investments in tourism infrastructure and government programs aimed at enhancing agricultural efficiency and food safety through technology adoption.
To learn more about InFlavour, visit www.inflavourexpo.com
