GCC Frozen Food Market

Growth opportunities in the GCC Frozen Food market look promising over the next six years. This is attributed to the increasing demand for seasonal food items and ready-to-eat products, followed by the shift in the lifestyle of the consumers, and the rising working population in the GCC countries.

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GCC Frozen Food Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The increasing demand for frozen food is a major factor that is contributing to the growth of the GCC frozen food market. Consumers, especially in the UAE and Saudi Arabia, are looking year-round supply of seasonal food items and ready-to-eat products. This is one of the biggest factors that is responsible for the growth of the market. The significant shift in the lifestyle of the individuals has encouraged them to opt for frozen food products which provides various nutritional value. According to the UAE government data, the increasing working population with total labor force which accounted for 7.38 million in 2018 in the nation. The precooked and frozen meals including veg meals, meatballs, and other ready-to-eat frozen food products which are halal certified, are also having an increase in demand, thus propelling the frozen food market in the GCC region.

Various companies such as Ta’moosh are providing frozen gourmet ready-to-eat halal dishes. Additionally, the rising residential and hospitality sector and the expansion in the infrastructure projects which includes the Neom Business City, Four Season Jeddah Croniche, Qiddiya City, Jabal Omar Projects, and Murcia Residential Project, is further driving the market growth. Frozen food products provide various benefits including cost-effectiveness, preserved nutrition at peak ripeness, easier storage, extended shelf life, and reduction in food waste. The coronavirus has surged the demand for frozen food products as the individuals are now moving towards staying at home and consume frozen food products instead of going on regular grocery shopping to supermarkets or departmental stores.

Regional Drivers

Based on the region, North America is projected to dominate the market over the coming years. This is mainly due to the high installation of GCC Frozen Food. As per the "Organization for Economic Co-operation and Development," the total number of GCC Frozen Food in the U.S. per million of the population in 2019 amounted to 39, thus surging the market growth. Moreover, the strong persistence of various leading players in the region such as Siemens Healthcare GmbH, GENERAL ELECTRIC COMPANY will further support the market growth.

GCC Frozen Food Market Segmentation:

Segmentation by Product:

• Fruits & Vegetables

  • Frozen Fruits

  • Frozen Vegetables

    • Frozen Potato

    • Others

  • Dairy Products

  • Bakery Products

    • Bread & Pizza Crusts

    • Others

  • Meat & Sea Foods

  • Convenience Food & Ready Meals

  • Others

Segmentation by Type:

• Raw Material

• Half Cooked

• Ready-to-Eat

Segmentation by Consumption:

• Food Service

• Retail

Segmentation by Region:

• UAE

• Saudi Arabia

• Oman

• Kuwait

• Rest of the GCC

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