Uploaded on Feb 15, 2024
According to the latest research report by IMARC Group, The GCC dairy market size reached US$ 10.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5.59% during 2024-2032. More Info:- https://www.imarcgroup.com/gcc-dairy-market
GCC Dairy Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
GCC Dairy Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Accord ing to the la tes t repor t by IMARC Group , t i t led " GCC Dai ry Market : Industry Trends, Share , S ize , Growth, Oppor tuni ty and Forecas t 2024 - 2032 ," t he GCC da i ry marke t s ize reached US$ 10 .1 B i l l ion in 2023 . Factors Af fect ing the Growth of the GCC Dairy Industry: Changing Consumer Preferences and Li festyle: Report In recen t years , consumer p re fe rences in the GCC have s ign i f i can t l y evo lved w i th a g rowing focus on hea l th ie r and more va r ied d ie t s . Moreover , t he sh i f t Highlight and toward hea l th -consc iousness and in te rna t iona l cu l ina ry in f luences have fue led the demand fo r da i ry p roduc ts tha t o f fe r spec i f i c hea l th bene f i t s . Description Prob io t i c yogur t , lac tose - f ree mi lk , and fo r t i f ied da i ry i t ems have a lso ga ined t rac t ion as consumers seek op t ions tha t a l i gn w i th the i r d ie ta ry cho ices . Th is d r ive r re f lec ts an evo lv ing consumer landscape where da i ry p roducers mus t ca te r t o a d i ve rse a r ray o f d ie ta ry needs and p re fe rences to rema in compet i t i ve and meet the demands o f an inc reas ing ly cosmopo l i t an and hea l th - consc ious popu la t ion . Favorable Government In i t iat ives for Dairy Sel f -Suff ic iency: Governmen ts o f severa l GCC na t ions have in i t ia ted amb i t ious p lans to ach ieve se l f - su f f i c iency in da i ry p roduc t ion . I n add i t ion , i nves tments in domest i c da i ry fa rms, s ta te -o f - the -a r t p rocess ing fac i l i t ie s , and resea rch and deve lopment Report have bo ls te red loca l p roduc t ion capab i l i t ies . The goa l i s t o reduce re l iance on da i ry impor t s , ensu r ing a s tab le and secu re Highlight and supp ly o f da i ry p roduc ts fo r t he reg ion 's expand ing popu la t ion . These government -d r i ven in i t i a t i ves s t reng then the da i ry sec to r 's res i l ience , p romote economic d i ve rs i f i ca t ion , enhance food secu r i t y , and con t r ibu te to the c rea t ion Description o f l oca l jobs and the deve lopment o f an au tonomous da i ry i ndus t ry w i th in the GCC reg ion . Rapid Growth in the Tourism and Hospital i ty Industry Growth: The rap id expans ion o f t he tou r ism and hosp i ta l i t y indus t ry i n va r ious GCC coun t r ies has augmen ted the demand fo r da i ry p roduc ts . As the reg ion a t t rac ts a r i s ing number o f t ou r is t s and expa t r ia tes , the hosp i ta l i t y sec to r p laces g rea te r impo r tance on o f fe r ing a w ide a r ray o f da i ry -based d ishes and beverages . Th is r i se in foodserv i ce demand ex tends to ho te ls , res tauran ts , ca fes , and a i r l i ne ca te r ing , c rea t ing s ign i f i can t oppor tun i t i es fo r da i ry p roducers and supp l ie rs . The g rowth o f t he tou r ism and hosp i ta l i t y i ndus t ry has , i n tu rn , spur red the expans ion o f t he da i ry marke t i n the GCC, w i th da i ry p roduc ts becoming essen t ia l componen ts o f menus ta i l o red to d ive rse in te rna t iona l Report tas tes . Highlight and Request for a PDF sample o f th is repor t : h t tps : / /www. imarcgroup .com/gcc-da i ry -marke t / reques tsamp le Description Report Description GCC Dairy Market Trends: The GCC dai ry industry is cur ren t ly exper ienc ing s ign i f icant growth dr iven by the reg ion 's expanding populat ion, r is ing d isposable incomes, and changing d ie tary preferences. As consumers seek heal th ier and more d iverse food opt ions, da i ry products such as mi lk , yogurt , and cheese have become stap le choices. Apar t f rom th is , severa l favorab le government in i t ia t ives to promote se l f - suf f ic iency in da i ry product ion is foster ing substant ia l investments in domest ic da i ry farms and processing faci l i t ies , reduc ing re l iance on imports and prope l l ing the market growth. Fur thermore, the emerg ing heal th and wel lness t rend has accelerated the consumpt ion of funct iona l da i ry products l ike prob io t ics and for t i f ied mi lk , cater ing to heal th-consc ious consumers and thus suppor t ing market growth. View Report TOC, F igures and Tables : ht tps: / /www.imarcgroup.com/gcc-dairy-market Breakup by Product: • Liquid Mi lk • Cheese • Laban • Yogurt and Curd • Butter and Clar ifi ed Butter Report • Others Segmentation Breakup by Distribution Channel: • Supermarkets and Hypermarkets • Convenience Stores • Special ist Retai lers • Onl ine Stores • Others Breakup by Application: • Bakery and Confectionary • Clinical Nutr i t ion • Frozen Food • Others Report Breakup by Country: Segmentation • Saudi Arabia • UAE • Qatar • Oman • Kuwait • Bahrain • Al A in Farms • Al Rawabi Dairy Company • Almarai Company • Arla Foods amba Competitive • Fonterra Co -operat ive Group L imited Landscape • Lactal is Group • Nat ional Agr icultural Development Company with Key (NADEC) Players • Nestlé S.A. • Saudia Dairy & Foodstuff Company (SADAFCO) • Al Safi - Danone • GCMMF. How has the GCC dairy market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the GCC dairy market? Key What are the key regional markets? Questions What is the breakup of the market based on the Answered in product? the Report What is the breakup of the market based on the distribution channel? What is the breakup of the market based on the application? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? Key What is the structure of the GCC dairy market and who are the key players? Questions Answered in What is the degree of competition in the industry? the Report 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 G C C D a i r y M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y P r o d u c t 6 . 1 L i q u i d M i l k 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 C h e e s e 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 L a b a n 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 6 . 4 Y o g u r t a n d C u r d 6 . 4 . 1 M a r k e t T r e n d s 6 . 4 . 2 M a r k e t F o r e c a s t 6 . 5 B u t t e r a n d C l a r i f i e d B u t t e r 6 . 5 . 1 M a r k e t T r e n d s 6 . 5 . 2 M a r k e t F o r e c a s t 6 . 6 O t h e r s 6 . 6 . 1 M a r k e t T r e n d s 6 . 6 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y D i s t r i b u t i o n C h a n n e l 7 . 1 S u p e r m a r k e t s a n d H y p e r m a r k e t s Table of 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 C o n v e n i e n c e S t o r e s 7 . 2 . 1 M a r k e t T r e n d s Contents 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 S p e c i a l i s t R e t a i l e r s 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t 7 . 4 O n l i n e S t o r e s 7 . 4 . 1 M a r k e t T r e n d s 7 . 4 . 2 M a r k e t F o r e c a s t 7 . 5 O t h e r s 7 . 5 . 1 M a r k e t T r e n d s 7 . 5 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y A p p l i c a t i o n 8 . 1 B a k e r y a n d C o n f e c t i o n a r y 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m /g c c -da i ry -m a rke t / t o c Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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