Qatar Bakery Products Market Overview:
The Qatar bakery products market size reached US$ 510 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 955.91 Million by 2032, exhibiting a growth rate (CAGR) of 7.01% during 2024-2032. The market is propelled by the increasing consumer demand for convenience foods, rising cultural affinity and tradition, rapid expansion of retail and food service sectors, increasing population, and rising disposable income levels across the country.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 510 Million |
Market Forecast in 2032 |
US$ 955.91 Million |
Market Growth Rate (2024-2032) |
7.01% |
Qatar Bakery Products Market Trends:
Rising Demand for Consumer Convenience Foods
The increasing demand for convenience foods in Qatar is a significant driver of the bakery products market. According to the IMARC Group, Middle East convenience food market size is anticipated to exhibit a CAGR of 4.10% during 2024-2032. As lifestyles become busier, there is a growing preference for ready-to-eat and easy-to-prepare food items, including baked goods. This trend is particularly evident in urban areas where working professionals and busy families seek quick meal solutions. The convenience of bakery products lies in their versatility and ready availability. Items such as bread, pastries, and cakes can serve as quick breakfast options, snacks, or even components of a meal. The rise of dual-income households has further fueled this demand, as time-constrained consumers look for food options that require minimal preparation. This shift in consumer behavior has led to an increased presence of bakery products in retail outlets, including supermarkets, hypermarkets, and convenience stores. Additionally, the growth of online food delivery services in Qatar has made it easier for consumers to access bakery products. The convenience of ordering online and having products delivered directly to their doorstep has further boosted the market. Many bakeries have also started offering online ordering and delivery services, catering to the growing demand for convenience.
Cultural Affinity and Tradition
Other than this, the market is also influenced by the culture of bakery products in Qatar. Qataris have been eating bread and other pastry products for a very long time as part of their traditional cuisine. This has created an immense cultural linkage hence keeping the demand flowing for bakery products for it is an essential part of everyday and a celebration meal. Known across Qatar, khubz is an important part of the rich culinary tradition of the country of baked goods, which also includes fatayer (savory pastries) and baklava (sweet pastries). This authentic tradition of sharing food, more ideally, baked goods, for a Ramadan, an Eid, or just a simple get together remains a pillar of their culture.
Rapid Expansion of Retail and Food Service Sectors
The retail and food service sectors have expanded in Qatar, which has played a crucial role in fueling the demand for bakery products and, in turn, the bakery products market in the country. The emergence of modern retail formats such as hypermarkets, supermarkets, and convenience stores has made bakery products available to consumers. These often have bakery sections that consist of all kinds of bakery products, fresh and packaged. Growth in the retail market of Qatar is attributed to the increase in disposable income, urbanization, and consumer spending. Improvement in the shopping centers and retail chains also have made a rich ground for easy supply and offering of bakers' merchandise. Moreover, the events of in-store bakeries in supermarkets have become an offer, providing freshly baked goods to consumers. The food service sector, including cafes, restaurants, and hotels, also plays a crucial role in the bakery products market. The trend of dining out and the café culture have gained popularity, particularly among younger consumers. Bakeries and cafes offering a variety of pastries, cakes, and bread have become popular hangout spots. The growth of the hospitality industry, driven by tourism and events such as the FIFA WORLD CUP 2022, which was played on 20 November to 18 December 2022, has further boosted the demand for bakery products in the food service sector.
Qatar Bakery Products Market News:
- October 4, 2023: The executive board of Almarai Company, one of Saudi Arabia’s largest food and beverages groups, has approved an investment of SR405m ($108m) to expand its bakery division. The investment plan will be financed by the publicly-listed company’s internal cashflows and is expected to be completed over two years. Almarai wants to expand the capacity of its fresh-bakery business, as well as enter the frozen bakery segment in Saudi Arabia and other markets.
- March 5, 2023: The ‘Qatari Products Our First Choice’ festival celebrates Qatar’s cultural heritage and locally produced food and non-food products from March 4 to 9 at all Lulu outlets in the region. It aims to promote the use of locally produced food and non-food products and supports small local businesses and entrepreneurs. The festival showcases a variety of food and non-food products, ranging from fresh vegetables, herbs, chicken, egg, Arabic lamb, local beef, dairy, frozen foods including chicken parts and processed food, delicatessen and bakery products to grocery food, grocery non-food, health & beauty and linen including pillow covers, table covers, bed and bed sheets, etc.
Qatar Bakery Products Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type and distribution channel.
Product Type Insights:
- Biscuits
- Cookies
- Cream Biscuits
- Glucose Biscuits
- Marie Biscuits
- Non-Salt Cracker Biscuits
- Salt Cracker Biscuits
- Milk Biscuits
- Others
- Bread and Rolls
- Sandwich Breads
- Hamburgers
- Croissants
- Others
- Cakes and Pastries
- Packed Cupcakes
- Pastries
- Muffins
- Layer Cakes
- Donuts
- Swiss Roll
- Others
- Rusks
The report has provided a detailed breakup and analysis of the market based on the product type. This includes biscuits (cookies, cream biscuits, glucose biscuits, marie biscuits, non-salt cracker biscuits, salt cracker biscuits, milk biscuits, and others), bread and rolls (sandwich breads, hamburgers, croissants, and others), cakes and pastries (packed cupcakes, pastries, muffins, layer cakes, donuts, swiss roll, and others), and rusks.
Distribution Channel Insights:
- Convenience Stores
- Supermarkets and Hypermarkets
- Independent Retailers
- Artisanal Bakeries
- Online Stores
- Others
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes convenience stores, supermarkets and hypermarkets, independent retailers, artisanal bakeries, online stores, and others.
Regional Insights:
- Ad Dawhah
- Al Rayyan
- Al Wakrah
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include Ad Dawhah, Al Rayyan, Al Wakrah, and Others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Qatar Bakery Products Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Product Type
- Distribution Channel
- Region
|
Product Types Covered |
- Biscuits: Cookies, Cream Biscuits, Glucose Biscuits, Marie Biscuits, Non-Salt Cracker Biscuits, Milk Biscuits, Others
- Bread and Rolls: Sandwich Breads, Hamburgers, Croissants, Others
- Cakes and Pastries: Packed Cupcakes, Pastries, Muffins, Layer Cakes, Donuts, Swiss Roll, Others
- Rusks
|
Distribution Channels Covered |
Convenience Stores, Supermarkets and Hypermarkets, Independent Retailers, Artisanal Bakeries, Online Stores, Others |
Regions Covered |
Ad Dawhah, Al Rayyan, Al Wakrah, Others |
Customization Scope |
10% Free Customization |
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 |
Key Questions Answered in This Report:
- How has the Qatar bakery products market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Qatar bakery products market?
- What is the breakup of the Qatar bakery products market on the basis of product type?
- What is the breakup of the Qatar bakery products market on the basis of distribution channel?
- What are the various stages in the value chain of the Qatar bakery products market?
- What are the key driving factors and challenges in the Qatar bakery products?
- What is the structure of the Qatar bakery products market and who are the key players?
- What is the degree of competition in the Qatar bakery products market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Qatar bakery products market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Qatar bakery products market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Qatar bakery products industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.