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.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023 | US$ 8.5 Billion |
Market Forecast in 2032 | US$ 14.6 Billion |
Market Growth Rate 2024-2032 | 6.07% |
Bakery products are primarily prepared by using dry heat in an oven, hot stones, or ashes. Some of the common materials used in the baking process include flour, water, yeast, eggs, milk, sugar, salt, emulsifiers, flavorings, preservatives, etc. The choice of these ingredients and their compositions determine the texture and flavor of bakery products. These products widely include bread, bagels, rolls, doughnuts, cakes, pies, cookies, muffins, etc. In the GCC region, the growing demand for convenience food products is currently driving the market for bakery items.
The expanding food processing sector coupled with the increasing influence of western food trends is propelling the demand for bakery products in the region. Furthermore, the growing number of foodservice companies and the wide availability of diverse bakery product ranges are also augmenting the market growth. Additionally, a significant rise in the presence of artisanal bakery shops and patisseries offering different varieties of cakes, pastries, tarts, macrons, pies, etc., is further bolstering the product demand. Moreover, the GCC market is also catalyzed by the rising popularity of serving bakery items during social gatherings, corporate parties, special and festive occasions, etc. Apart from this, the growing consumer health consciousness has led to the emergence of numerous innovative product variants, such as gluten-free, vegan, and lactose-free bakery products. Furthermore, the increasing consumer concerns towards the presence of synthetic additives in conventional bakery items are also propelling the demand for organic and clean-label alternatives. Besides this, several regional manufacturers are focusing on the development of high-quality bakery ingredients for providing prolonged shelf life and adding rich taste and texture to bakery products. All of these above-mentioned factors will continue to drive the market for bakery products in the GCC region during the forecast period.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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IMARC Group provides an analysis of the key trends in each sub-segment of the GCC bakery products market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on product type, bakery type, source, form, nature and distribution channel.
Breakup by Product Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Breakup by Bakery Type:
Breakup by Source:
Breakup by Form:
Breakup by Nature:
Breakup by Distribution Channel:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Switz Group.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Product Type, Bakery Type, Source, Form, Nature, Distribution Channel, Country |
Countries Covered | Saudi Arabia, United Arab Emirates, Qatar, Oman, Kuwait, Bahrain |
Companies Covered | 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 and Switz Group |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The GCC bakery products market was valued at US$ 8.5 Billion in 2023.
We expect the GCC bakery products market to exhibit a CAGR of 6.07% during 2024-2032.
The rising popularity of serving bakery products during social gatherings, corporate parties, special and festive occasions, etc., along with the introduction of gluten-free, vegan, and lactose-free product variants, is primarily driving the GCC bakery products market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of bakery products across several GCC nations.
Based on the product type, the GCC bakery products market has been divided into bread and rolls, cakes & pastries, biscuits, and others. Among these, bread and rolls currently exhibit a clear dominance in the market.
Based on the form, the GCC bakery products market can be categorized into fresh and frozen. Currently, fresh accounts for the majority of the total market share.
Based on the nature, the GCC bakery products market has been segregated into conventional and organic, where organic currently holds the largest market share.
Based on the distribution channel, the GCC bakery products market can be bifurcated into convenience stores, supermarkets and hypermarkets, independent retailers, online stores, and others. Currently, supermarkets and hypermarkets exhibit a clear dominance in the market.
On a regional level, the market has been classified into Saudi Arabia, United Arab Emirates, Qatar, Oman, Kuwait, and Bahrain.
Some of the major players in the GCC bakery products market include 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, and Switz Group.