Saudi Arabia Investing $50 Billion in the Coffee Market, Starbucks boycott : Saudi 2030

Recently, Saudi Arabia has announced that after Europe, America, and Russia, it is now going to invest billions of USD in India. Currently, many people are questioning in which Indian industry is Saudi Arabia going to invest the most, but under the Saudi Arabia Vision 2030 now the Saudi Government is going to invest in Machinery, Vegetables, and Cars. But now let me tell you one more interesting thing Saudi Arabia can also invest from $5 billion to $20 billion in Indian coffee companies. But it is quite strange why would Saudi Arabia want to invest so much in Coffee and whether Saudi Arabia is going to launch its own separate coffee companies like Starbucks and Nestle in its Vision 2030.

Top 5 coffee exporting countries by 2024

Now Brazil, Honduras, Vietnam, Colombia, and Indonesia have come to the list of top 5 coffee-producing countries. Most Asian countries are continuously increasing their coffee production in India which can attract top investors from all over the world in the future. Currently, Saudi Arabia’s import and export experts believe that Saudi Arabia’s other companies like Starbucks and Nestle are generating profits of billions of USD. But now it is believed that Saudi Arabia wants to create more companies of its own in competition with the number of foreign companies in its country so that the dream of Vision 2030 can come true in the future.

Why is Saudi Arabia Investing in the Asian Coffee Market Including India, Vietnam, and Indonesia?

Now let me tell you that the market value of the Global Coffee Business is approximately $500B+ which USA’s Starbucks, Nestle, and many other companies are marketing their coffee businesses worldwide. All its companies get most of their coffee from Brazil, Vietnam, and Indonesia, but Starbucks gets its maximum income from the Middle East. But on the other hand, due to the Israel and Gaza war, Global Coffee and many Jewish-backed businesses have suffered losses globally. Due to this, now Saudi Arabia wants that it is very important to introduce another Starbucks competitor in the Middle East, due to which in the future Saudi Arabia will become the largest coffee-producing country in the Middle East. But now Saudi Arabia is eyeing the Indian Coffee exporting market due to which it can stake almost 50% in the total Indian Coffee export in the future. Although coffee exports in the world are around USD 123.70 billion, the total earnings of top companies are more than USD $500 billion.