GCC Packaged Food Market
The GMI Research contemplates an augmenting demand in the GCC Packaged Food Market over the forecast period. This is because of the strong demand for ready-to-eat food, increasing norms to sustain quality and the rising demand from the food delivery industry.
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Introduction of the GCC Packaged Food Market
In accordance with the GCC flexible packaging market report, Packaged foods consist of all consumer eatable products properly packaged with entire information consistent with the ingredients and nutritional facts. It needs low preparation time over other food items. Also, the packaged foods help maintain hygiene and raise the shelf life of food products.
Key Players of Market:
- Al Kabeer Group
- National Food Industries Company
- Al Safi Danone
- Kraft Foods Group
- Al Muhaidib Group
- Americana Group
- Saudia Dairy & Foodstuff Company
- Arla Foods
GCC Packaged Food Market Dynamics
The accelerating disposable income and the rising impact of western food culture are strengthening the growth of the GCC packaged food market. Further, the mounting urban population and an increase in the number of working people have further strengthened the market size. Also, the augmented purchasing power, as well as the altering preference of consumers as a result of the busy lifestyle, will fuel the market growth. Besides this, the increasing advertisement of packed food by several media channels regarding their benefits is paving the way for market growth. Additionally, enhanced living standards and varying dietary preferences of consumers are supplementing the market growth. The mounting demand for a wholesome packaged item is another factor bolstering the market growth. However, the possibility of food pestilence or reaction and the advent of local brands may hinder GCC flexible packaging food market opportunities.
Product Segment Drivers
According to the product, the market is dismembered into baked foods, breakfast cereals, ready meals, soups, potato chips, baby food, nuts, pasta, biscuits, chocolate confectionery, cheese, yogurt, ice creams, sauces, instant noodles, dressings & condiments, and non-alcoholic drinks. Among these, Breakfast Cereals are contemplated to witness a higher CAGR over the forecast period due to the aggravating demand for wholesome and convenient breakfast options. Moreover, the GCC flexible packaging food market report states that the escalating emphasis on morning meals among consumers and the increasing demand for nutritional food products, primarily across the working women population, is energizing the market demand.
GCC Packaged Food Market Segmentation:
Segmentation by Product
- Ready Meals
- Baked foods
- Breakfast cereals
- Baby Food
- Potato Chips
- Instant Noodles
- Chocolate Confectionary
- Ice Creams
- Sauces, Dressings & Condiments
- Non-alcoholic drinks
Segmentation by Countries
- UAE Packaged Food Market All-Up
- Saudi Arabia Packaged Food Market All-Up
- Oman Packaged Food Market All-Up
- Kuwait Packaged Food Market All-Up
- Rest of GCC Packaged Food Market All-Up
About GMI Research
The main emphasis of GMI, a market research and consulting enterprise is to offer a complete guidance to the clients to attain an actionable decision. The research organisation offers reports on business acumen to various enterprises. Our team help enterprises to comprehend the approaching opportunities and hindrances. The team of research experts assembles all the material information about different industries by employing internal and external databases in order to understand the effect of share, drivers, size, and other aspects of the market.
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