Rising tourism and pilgrimage traffic in Saudi Arabia also fuel food demand, presenting additional growth opportunities for the company.
The firm will continue to focus on ingredients, packaged goods, and food service businesses, particularly in the Southeastern United States.
The Berric facility will serve as a key hub for Europe, Africa, and the Middle East, while also supporting additional capacity for Asia Pacific and Latin America.
By building stronger supply chains and upgrading its processing facilities, Horizon aims to capture more value locally and expand into higher-margin applications, such as pharmaceutical and personal care ingredients
The innovation park will accelerate research on alternative, more sustainable protein sources, including plants, algae, and fermentation.