GCC Dairy Market 2027: Overview, Growth, Analysis, Key Players and Demand
According to the latest report by IMARC Group, titled “GCC Dairy Market Share: Industry Trends, 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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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
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.
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
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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