GCC Bakery Products Market Outlook, Industry Size, Growth Factors, Investment Opportunity 2024-2032

IMARC Group, a leading market research company, has recently released a report titled "GCC Bakery Products Market Report by Product Type (Bread and Rolls, Cakes & Pastries, Biscuits, and Others), Bakery Type (Artisanal Bakeries, In-Store Bakeries, and Others), Source (Whole Wheat Flour, Multi Grain Flour, and Others), Form (Fresh, Frozen), Nature (Conventional, Organic), Distribution Channel (Convenience Stores, Supermarkets and Hypermarkets, Independent Retailers, Online Stores, and Others), and Country 2024-2032." The study provides a detailed analysis of the industry, including the GCC bakery products market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the GCC Bakery Products Market?

The GCC bakery products market size reached US$ 8.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.6 Billion by 2032, exhibiting a growth rate (CAGR) of 6.07% during 2024-2032.

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GCC Bakery Products Market Trends and Drivers:

The changing dietary preferences and the high inclination of consumers towards convenience foods are the factors responsible for the growth of the GCC bakery products market. Additionally, the demand for bakery products in the region is growing owing to the changing lifestyle of consumers looking for quick and easy meal solutions, including bakery products like bread, rolls, and cakes serving as popular options, fueling the market. Besides this, the expansion of organized retail sectors in the form of supermarkets and hypermarkets has made a wider array of bakery products more accessible to consumers, supporting the growth of the market across the region.

Health and wellness trends are significantly shaping the GCC bakery products market. Additionally, there is an increasing consumer preference for healthier alternatives, such as whole grain, gluten-free, organic bakery items, etc., which is positively impacting the market. This shift is driving innovation within the industry, with manufacturers developing products that cater to health-conscious consumers while still prioritizing taste and quality, which is catalyzing the GCC bakery products market across the region. The introduction of fortified bakery products, enhanced with vitamins and minerals, is also gaining popularity and is acting as another growth-inducing factor. Furthermore, advancements in packaging technology that extend the shelf life and improve the convenience of bakery products are facilitating their consumption, which is anticipated to drive the GCC bakery products market over the forecasted period.

Leading Companies Operating in the GCC Bakery Products Industry:

• Agthia Group
• Al Jadeed Bakery
• Aryzta AG
• Dawn Food Products, Inc.
• Dofreeze LLC
• General Mills Inc.
• Kellogg Company
• Modern Bakery LLC
• Mondelez International
• Sunbulah Group
• Switz Group.

Key Market Segmentation:

The report is organized into distinct sections as follows:

Breakup by Product Type:

• Bread and Rolls

o Loaves
o Baguettes
o Rolls
o Burger Buns
o Sandwich Slices
o Ciabatta
o Frozen Bread
o Others

• Cakes & Pastries

o Cupcakes
o Dessert Cakes
o Sponge Cakes
o Pastries

• Biscuits

o Cookies
o Cream Biscuits
o Glucose Biscuits
o Marie Biscuits
o Non-Salt Cracker Biscuits
o Salt Cracker Biscuits
o Milk Biscuits
o Others

• Others

Breakup by Bakery Type:

• Artisanal Bakeries
• In-Store Bakeries
• Others

Breakup by Source:

• Whole Wheat Flour
• Multi Grain Flour
• Others

Breakup by Form:

• Fresh
• Frozen

Breakup by Nature:

• Conventional
• Organic

Breakup by Distribution Channel:

• Convenience Stores
• Supermarkets and Hypermarkets
• Independent Retailers
• Online Stores
• Others

Countries Covered:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Oman
• Kuwait
• Bahrain

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3798&flag=C

Other Key Points Covered in the Report:

• COVID-19 Impact
• Porters Five Forces Analysis
• Value Chain Analysis
• Strategic Recommendations

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.

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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.

IMARC's 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 company's expertise.

This release was published on openPR.