GCC Packaged Food Market

Packaged foods include all consumer eatable products that are properly packaged with all information regarding the ingredients and nutritional facts. It requires less preparation time as compared to other food products. Packaged foods maintain food hygiene and increase the shelf life of food products. Ready meals, baked foods, breakfast cereals, soups, baby food, potato chips, nuts, instant noodles, pasta, biscuits, chocolate confectionery, and other types of packaged food products are widely available in the market.

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Increasing disposable income, along with the growing influence of western food culture among consumers, are the key factors driving the growth of the GCC packaged food market. Rapid urbanization and the growing working population will further support the market growth of packaged food in the GCC region. In addition to this, the changing consumer preference due to the hectic lifestyle is supporting the growth of the GCC packaged food market. Increasing spending power of individuals and the growing demand for healthy packaged food among young population will encourage the consumers to opt for packaged food products. Moreover, the rising advertisement of packaged food by various media channels regarding the benefits of packaged food is expected to increase the demand for packaged food in the near future. Furthermore, improved standard of living and changing dietary preference of consumers is paving the way for the growth of the GCC packaged food market. On the other hand, the risk of food contamination or reaction because of packaging material and the emergence of local brands may hamper the GCC packaged food market.

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On the basis of the product, the market is segmented into ready meals, baked foods, breakfast cereals, soups, baby food, potato chips, nuts, instant noodles, pasta, biscuits, chocolate confectionery, cheese, yogurt, ice creams, sauces, dressings & condiments, and non-alcoholic drinks. Among these, the Breakfast Cereals Segment is projected to grow at a higher CAGR over the forecast period owing to the increasing consumer demand for healthy and easy breakfast options. Moreover, the growing emphasis on morning meals among consumers and the increasing demand for high nutritional food products, especially among the working women population is creating opportunities for the growth of the breakfast cereal segment in upcoming years.

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The key players operating in the market include Al Kabeer Group, National Food Industries Company, Nestle, Al Safi Danone, Alamarai, Kraft Foods Group, Saudia Dairy & Foodstuff Company, Al Muhaidib Group, Americana Group, and Arla Foods, among others.

Key Developments:

• • In 2019, Alamarai completed the acquisition of Riyadh based premier foods from Alamar foods. Through this acquisition, the company planned to expand its food service channel in Saudi Arabia.

The GCC packaged food market has been segmented on the basis of product and countries. Based on the product, the market is segmented into ready meals, baked foods, breakfast cereals, soups, baby food, potato chips, nuts, instant noodles, pasta, biscuits, chocolate confectionary, cheese, yogurt, ice creams, sauces, dressings & condiments, and non-alcoholic drinks. Based on countries, the market is segmented into UAE, Saudi Arabia, Oman, Kuwait, and the Rest of GCC.

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Key questions answered in this research report:

• • At what pace is GCC packaged food market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in GCC packaged food market? What will be the impact of drivers and restraints in the future?
  • What are the various products of GCC packaged food market and how they are poised to grow?
  • Which Product generated maximum revenues in 2019 and identify the most promising Product during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

GCC Packaged Food Market by Product

• • Ready Meals
  • Baked foods
  • Breakfast cereals
  • Soups
  • Baby Food
  • Potato Chips
  • Nuts
  • Instant Noodles
  • Pasta
  • Biscuits
  • Chocolate Confectionary
  • Cheese
  • Yogurt
  • Ice Creams
  • Sauces, Dressings & Condiments
  • Non-alcoholic drinks

    GCC Packaged Food Market by Countries

• • UAE Packaged Food Market All-Up (Option 1: As a part of free 25% Customization)
  • Saudi Arabia Packaged Food Market All-Up (Option 2: As a part of free 25% Customization)
  • Oman Packaged Food Market All-Up (Option 3: As a part of free 25% Customization)
  • Kuwait Packaged Food Market All-Up (Option 4: As a part of free 25% Customization)
  • Rest of GCC Packaged Food Market All-Up (Option 5: As a part of free 25% Customization)

GCC Packaged Food Leading Market Players (Option 6: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice

• • Al Kabeer Group
  • National Food Industries Company
  • Nestle
  • Al Safi Danone
  • Alamarai
  • Kraft Foods Group
  • Saudia Dairy & Foodstuff Company
  • Al Muhaidib Group
  • Americana Group
  • Arla Foods