GCC Dairy Market 2024-2032: Size, Share, Trends | Research Report

IMARC Group's report titled "GCC Dairy Market Report by Product (Liquid Milk, Cheese, Laban, Yogurt and Curd, Butter and Clarified Butter, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, Online Stores, and Others), Application (Bakery and Confectionary, Clinical Nutrition, Frozen Food, and Others), and Country 2024-2032". 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.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/gcc-dairy-market/requestsample

Factors Affecting the Growth of the GCC Dairy Industry:

Population Growth and Changing Dietary Habits:

The GCC region has experienced substantial population growth in recent years, driven by factors such as high birth rates, immigration, and improved healthcare. This population expansion has directly contributed to increased demand for dairy products as a staple in the diet. Besides, as the region modernizes and urbanizes, there has been a gradual shift towards more Westernized dietary habits. Dairy products such as milk, yogurt, cheese, and butter are commonly consumed in various forms, both as standalone items and as ingredients in Western-style dishes.

Investments in Dairy Infrastructure:

Many GCC countries have recognized the importance of achieving self-sufficiency in dairy production to ensure a stable and consistent supply of dairy products. As a result, governments and private investors have actively pursued vertical integration by establishing and modernizing dairy farms. Moreover, the expansion and modernization of dairy farms have led to increased milk production. High-yield dairy cattle and improved breeding practices have resulted in higher milk yields per animal, contributing to overall production growth. Besides, investments extend to cold chain logistics and distribution networks. This ensures that dairy products are transported and stored under optimal conditions, reducing spoilage and ensuring product freshness.

Growing E-Commerce Industry:

E-commerce platforms have made it incredibly convenient for consumers to order dairy products from the comfort of their homes. This convenience extends to busy individuals who may not have the time to visit physical stores regularly. Besides, online retailers often offer a broader selection of dairy products compared to brick-and-mortar stores. This includes an array of international and specialty dairy items that may not be readily available in local supermarkets. Moreover, online platforms allow consumers to easily compare prices and find the best deals on dairy products. This transparency encourages competitive pricing among retailers.

Leading Companies Operating in the GCC Dairy Industry:

Al Ain Farms
Al Rawabi Dairy Company
Almarai Company
Arla Foods amba
Fonterra Co-operative Group Limited
Lactalis Group
National Agricultural Development Company (NADEC)
Nestlé S.A.
Saudia Dairy & Foodstuff Company (SADAFCO)
Al Safi - Danone
GCMMF

Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=4141&flag=C

GCC Dairy Market Report Segmentation:

By Product:

Liquid Milk
Cheese
Laban
Yogurt and Curd
Butter and Clarified Butter
Others

Based on the product, the market is divided into liquid milk, cheese, laban, yogurt and curd, butter and clarified butter, and others.

By Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Specialist Retailers
Online Stores
Others

Based on the distribution channel, the market has been classified into supermarkets and hypermarkets, convenience stores, specialist retailers, online stores and others.

By Application:

Bakery and Confectionary
Clinical Nutrition
Frozen Food
Others

On the basis of the application, the market has been categorized into bakery and confectionary, clinical nutrition, frozen food and others.

By Country:

Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrai

On the basis of the country, the market is divided into Saudi Arabia, UAE, Qatar, Oman, Kuwait, and Bahrain.

GCC Dairy Market Opportunities:

GCC consumers are showing a preference for locally sourced and sustainable products. Hence, dairy companies are investing in sustainable farming practices and promoting the origin of their dairy products to meet this demand.

Moreover, dairy producers are engaging in educational initiatives to raise awareness about the nutritional benefits of dairy products. Collaborating with schools and healthcare professionals is further promoting dairy consumption. Besides, innovative and eco-friendly packaging solutions for dairy products are differentiating brands and attracting environmentally conscious consumers, thus expanding the market reach.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Other Reports:

Gcc Security Market: https://www.imarcgroup.com/gcc-security-market

Gcc Used Car Market: https://www.imarcgroup.com/gcc-used-car-market

Gcc Rice Market: https://www.imarcgroup.com/gcc-rice-market

Gcc Telehealth Market: https://www.imarcgroup.com/gcc-telehealth-market

Gcc Tuna Market: https://www.imarcgroup.com/gcc-tuna-market

Gcc Fintech Market: https://www.imarcgroup.com/gcc-fintech-market

Contact Us:

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

This release was published on openPR.