GCC Food Market Analysis and Forecast till 2028
Market Report I 2022-09-01 I 110 Pages I RationalStat
GCC Food Market Analysis and Forecast 2019-2028
Market Introduction
The GCC Food market is expected to witness a strong growth rate of more than 2.3% during the forecast period of 2022-2028. The key trend affecting the growth of this market is the growth of the young working population. This has also increased the demand for international food and foreign cuisines. Moreover, the growth of the younger population has also increased the awareness about eating healthy and organic food among the GCC countries. Demand for food will further continue to grow across the GCC countries as governments have taken various measures including relaxation of residency visas and entry permits which are expected to incentivize emigrants to work and settle in the region. These laws, coupled with the government's management of the pandemic crisis, and measures taken to improve the ease of doing business have contributed to the growth in property transactions in the GCC countries. Furthermore, large investments by the GCC nations have been allocated toward the tourism industry, which is anticipated to positively enhance the landscape of the GCC food market in the region. Additionally, the governments of the GCC nations have been working relentlessly to attain self-sufficiency in terms of food production and reduce dependency on food imports. In addition to that, the GCC nations are putting efforts into forming strategic partnerships and investments in agricultural lands based in other countries which are anticipated to propel the market growth in the forecast period.
Market Segmentation
The GCC Food market has been segmented on the basis of type, form, nature, distribution channel, nature, and country. On the basis of type, the market is segmented into Cereals, Fruits and Vegetables, Meat, Dairy Products, and Others (Bakery & Confectionary, etc.). Based on the form, the market is categorized into Fresh and Frozen/Canned. On the basis of nature, the market is divided between Organic and Inorganic. Based on the distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, and e-commerce. On the basis of country, the market is segmented into Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and UAE.
Market Structure and Competitive Landscape
The GCC food market is fragmented in nature, some of the prominent players that contribute significantly to the GCC food market include, Bahrain flour mills company, Al Jouf Agricultural Development Co. SJSc, Halwani Brothers Co. Ltd, Almarai Co, Agthia Group PJSC, Hasan & Habib Sons of Mahmood Co WLL, Paris Group, Ali Shahihani Group of Industries, Sadita Holding Co, Barakat Group, Dubai Refreshments PJSC, Foodco Holding PJSC, Mezzan Holding Co KSCP, National Agriculture Development Company, Oman Refreshments Company, Savola Group Co SJSC, and Trafco Group B.S.C among others.
Product Launches, Mergers & Acquisitions, joint ventures, and R&D activities are key strategies adopted by the players in the GCC Food Market. These companies adopt numerous approaches to strengthen their market share and gain a competitive edge over other competitors in the market. Some of the key developments in the GCC Food market include,
- In October 2021, Savola Foods acquired 100% of Bayara Holding for US$ 260 million to expand into value-added food categories with propositions directed towards the younger population.
- In August 2020, Delivery Hero acquired 100% of Instashop, one of the largest online grocery platforms in the Middle East and North Africa.
GCC Food Market Analysis and Forecast 2019-2028
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. GCC Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players' expenditures, and economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
7. Government Laws and Industry Regulations
8. GCC Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Food Price Index: Global v/s GCC Region
10. Trade Analysis
10.1. EXIM Analysis by Type
10.2. EXIM Analysis by Country
11. Parent Market Overview
11.1. GCC Food & Beverage Market
11.2. GCC Agriculture Industry
12. Segmental Analysis (US$ Million and Million Tons)
12.1. GCC Food Market by Type
12.1.1. Segment Overview
12.1.1.1. Cereals
12.1.1.2. Fruits and Vegetables
12.1.1.3. Meat
12.1.1.4. Dairy Products
12.1.1.5. Others (Bakery & Confectionary etc.)
12.2. GCC Food Market by Form
12.2.1. Segment Overview
12.2.1.1. Fresh
12.2.1.2. Frozen/Canned
12.3. GCC Food Market by Nature
12.3.1. Segment Overview
12.3.1.1. Organic
12.3.1.2. Inorganic
12.4. GCC Food Market by Distribution Channel
12.4.1. Segment Overview
12.4.1.1. Supermarkets/Hypermarkets
12.4.1.2. Convenience Stores
12.4.1.3. E-Commerce
12.5. GCC Food Market by Country
12.5.1. Bahrain
12.5.2. Kuwait
12.5.3. Oman
12.5.4. Qatar
12.5.5. Qatar
12.5.6. UAE
13. Regional Analysis
13.1. Bahrain Food Market Analysis and Forecast 2019-2028
13.1.1. Regional Market Overview and Key Takeaways
13.1.2. Bahrain Food Market by Type
13.1.3. Bahrain Food Market by Form
13.1.4. Bahrain Food Market by Nature
13.1.5. Bahrain Food Market by Distribution Channel
13.2. Kuwait Food Market Analysis and Forecast 2019-2028
13.2.1. Regional Market Overview and Key Takeaways
13.2.2. Kuwait Food Market by Type
13.2.3. Kuwait Food Market by Form
13.2.4. Kuwait Food Market by Nature
13.2.5. Kuwait Food Market by Distribution Channel
13.3. Oman Food Market Analysis and Forecast 2019-2028
13.3.1. Regional Market Overview and Key Takeaways
13.3.2. Oman Food Market by Type
13.3.3. Oman Food Market by Distribution Channel
13.3.4. Oman Food Market by Nature
13.4. Qatar Food Market Analysis and Forecast 2019-2028
13.4.1. Regional Market Overview and Key Takeaways
13.4.2. Qatar Food Market by Type
13.4.3. Qatar Food Market by Form
13.4.4. Qatar Food Market by Nature
13.4.5. Qatar Food Market by Distribution Channel
13.5. Saudi Arabia Food Market Analysis and Forecast 2019-2028
13.5.1. Regional Market Overview and Key Takeaways
13.5.2. Saudi Arabia Food Market by Type
13.5.3. Saudi Arabia Food Market by Form
13.5.4. Saudi Arabia Food Market by Nature
13.5.5. Saudi Arabia Food Market by Distribution Channel
13.6. UAE Food Market Analysis and Forecast 2019-2028
13.6.1. Regional Market Overview and Key Takeaways
13.6.2. UAE Food Market by Type
13.6.3. UAE Food Market by Form
13.6.4. UAE Food Market by Nature
13.6.5. UAE Food Market by Distribution Channel
14. Competitive Landscape
14.1. Competition Dashboard
14.1.1. GCC and Regional Market Share Analysis
14.1.2. Market Structure
14.2. Competitive Benchmarking
14.3. Key Strategy Analysis
14.4. Company Profiles
14.4.1. Bahrain Flour Mills Company
14.4.1.1. Company Overview
14.4.1.2. Product/Service Offerings
14.4.1.3. Key Financials
14.4.1.4. Recent Developments
14.4.2. Al Jouf Agricultural Development Co. SJSC
14.4.2.1. Company Overview
14.4.2.2. Product/Service Offerings
14.4.2.3. Financials
14.4.2.4. Recent Developments
14.4.3. Halwani Brothers Co. Ltd.
14.4.3.1. Company Overview
14.4.3.2. Product/Service Offerings
14.4.3.3. Financials
14.4.3.4. Recent Developments
14.4.4. Almarai Co.
14.4.4.1. Company Overview
14.4.4.2. Product/Service Offerings
14.4.4.3. Financials
14.4.4.4. Recent Developments
14.4.5. Agthia Group PJSC
14.4.5.1. Company Overview
14.4.5.2. Product/Service Offerings
14.4.5.3. Financials
14.4.5.4. Recent Developments
14.4.6. Hasan & Habib Sons of Mahmood Co. WLL
14.4.6.1. Company Overview
14.4.6.2. Product/Service Offerings
14.4.6.3. Financials
14.4.6.4. Recent Developments
14.4.7. Paris Group
14.4.7.1. Company Overview
14.4.7.2. Product/Service Offerings
14.4.7.3. Financials
14.4.7.4. Recent Developments
14.4.8. Ali Shahihani Group of Industries
14.4.8.1. Company Overview
14.4.8.2. Product/Service Offerings
14.4.8.3. Financials
14.4.8.4. Recent Developments
14.4.9. Sadita Holding Co.
14.4.9.1. Company Overview
14.4.9.2. Product/Service Offerings
14.4.9.3. Financials
14.4.9.4. Recent Developments
14.4.10. Barakat Group
14.4.10.1. Company Overview
14.4.10.2. Product/Service Offerings
14.4.10.3. Financials
14.4.10.4. Recent Developments
14.4.11. Dubai Refreshments PJSC
14.4.11.1. Company Overview
14.4.11.2. Product/Service Offerings
14.4.11.3. Financials
14.4.11.4. Recent Developments
14.4.12. Foodco Holding PJSC
14.4.12.1. Company Overview
14.4.12.2. Product/Service Offerings
14.4.12.3. Financials
14.4.12.4. Recent Developments
14.4.13. Mezzan Holding Co. KSCP
14.4.13.1. Company Overview
14.4.13.2. Product/Service Offerings
14.4.13.3. Financials
14.4.13.4. Recent Developments
14.4.14. National Agriculture Development Company
14.4.14.1. Company Overview
14.4.14.2. Product/Service Offerings
14.4.14.3. Financials
14.4.14.4. Recent Developments
14.4.15. Oman Refreshment Company
14.4.15.1. Company Overview
14.4.15.2. Product/Service Offerings
14.4.15.3. Financials
14.4.15.4. Recent Developments
14.4.16. Savola Group Co. SJSC
14.4.16.1. Company Overview
14.4.16.2. Product/Service Offerings
14.4.16.3. Financials
14.4.16.4. Recent Developments
14.4.17. Trafco Group B.S.C.
14.4.17.1. Company Overview
14.4.17.2. Product/Service Offerings
14.4.17.3. Financials
14.4.17.4. Recent Developments
15. Disclaimer
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.