According to the latest report by IMARC Group, titled “GCC Dairy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The GCC dairy market is expected to exhibit a CAGR of 6.7% during 2022-2027.
Dairy products are obtained from cows, buffaloes, goats, and camels. They are a rich source of calcium, iron, zinc, protein, healthy fat, iodine, magnesium, phosphorus, potassium, and vitamins. They help improve immunity and metabolism and maintain the required nutritional content in the body. Besides this, they aid in building and maintaining strong bones and preventing hypertension, diabetes, cardiovascular diseases, and musculoskeletal disorders.
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GCC Dairy Market Trends and Drivers:
The burgeoning food and beverage (F&B) industry and the expansion of camel breeding farms are positively influencing the demand for dairy products across the GCC region. In addition, the rising health awareness among individuals and the increasing consumption of camel milk as it has antioxidants, immunoglobulin, and high nutritional value is augmenting the market growth. Camel milk is a natural probiotic that stimulates the growth of healthy bacteria in the stomach and improves digestion. Furthermore, changing lifestyles and shifting dietary preferences of individuals are offering lucrative growth opportunities to manufacturers operating in the region. Moreover, the rising consumption of lactose-free, sugar-free, and low-fat edible products is propelling leading manufacturers to introduce vegan dairy products, which is offering a favorable market outlook.
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players.
GCC Dairy Market 2022-2027 Analysis and Segmentation:
The report has segmented the market on the basis on country, product, distribution channel, application.
Breakup by Product:
- Liquid Milk
- Cheese
- Laban
- Yogurt and Curd
- Butter and Clarified Butter
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialist Retailers
- Online Stores
- Others
Breakup by Application:
- Bakery and Confectionary
- Clinical Nutrition
- Frozen Food
- Others
Breakup by Country:
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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