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GCC Bakery Ingredients Market Size (2024 - 2029)

The GCC Bakery Ingredients Market is experiencing growth driven by increased disposable income and a shift in consumer preferences towards convenient food products. The market's expansion is further supported by the introduction of new flavors and innovative packaging. Additionally, the rising popularity of gluten-free options among health-conscious consumers is contributing to the market's development. A notable trend within the region is the transition from imported biscuits to locally produced alternatives, reflecting changing consumer tastes and preferences.

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Market Size of GCC Bakery Ingredients Industry

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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 7.00 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

GCC Bakery Ingredients Market Analysis

GCC Bakery Ingredients Market is projected to growat a CAGR of 7.0% during the forecast period (2020- 2025).

  • The demand for international bakery products in the GCC market is mainly driven by a rise in disposable income and consumer preferences for convenient food products. Introduction of new flavors and innovative packaging is also supporting the market’s growth.
  • The gluten-free market has gained traction as it appeals to the health-conscious customers who perceive gluten-free as an option to better manage their health. The biggest trend in GCC is the move from imported biscuits to local biscuits.

GCC Bakery Ingredients Industry Segmentation

The bakery ingredient market is segmented by type which includes sweetener, emulsifiers, leavening agents, baking enzymes, colors and flavors, emulsifiers, preservatives, and other ingredients. Based on the application, the market is segmented into bread, cake and pastry, roll and pie, cookie and biscuit, and other products. The study also involves the analysis of Saudi Arabia, UAE, Kuwait, Oman, Qatar and Bahrain.

By Ingredient Type
Sweetener
Leaving Agent
Enzyme
Color & Flavor
Emulsfier
Preservative
Others
By Aplication
Bread
Cake & Pastry
Roll & Pie
Cookie & Biscuit
Others
Geography
Saudi Arabia
UAE
Kuwait
Oman
Qatar
Bahrain
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GCC Bakery Ingredients Market Size Summary

The GCC bakery ingredients market is experiencing significant growth, driven by increasing disposable incomes and a shift in consumer preferences towards convenient food products. The market is characterized by the introduction of new flavors and innovative packaging, which are contributing to its expansion. A notable trend is the rising popularity of gluten-free products, appealing to health-conscious consumers. The market is segmented into various applications, with bread, cake and pastry, and cookies and biscuits being the primary categories. Bread, in particular, holds a dominant position, especially in Saudi Arabia, where it is a staple part of the diet. The GCC region presents a lucrative opportunity for global bakery product exporters, with Saudi Arabia leading in market share, followed by rapidly growing markets in the UAE, Kuwait, and Bahrain.

The GCC bakery ingredients market is fragmented, with key players such as Almarai Co. Ltd., Kerry Group, Cargill Inc., and Archer Daniels Midland playing significant roles. Almarai Co. Ltd. is a major supplier of dairy ingredients, while Areej Vegetable Oils leads in bakery fats and oils. Other notable suppliers include Saudi Dairy & Foodstuff Company and National Agriculture Development Company (NADEC) for dairy ingredients, and ADM and Cargill for starches, emulsifiers, and sweeteners. Kerry Group and Givaudan are prominent suppliers of flavors and extracts. Despite challenges like the NITAQAT program in Saudi Arabia, which aims to increase local employment, the market continues to grow, supported by the increasing demand for bakery products and ingredients across the region.

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GCC Bakery Ingredients Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Degree Of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Ingredient Type

      1. 2.1.1 Sweetener

      2. 2.1.2 Leaving Agent

      3. 2.1.3 Enzyme

      4. 2.1.4 Color & Flavor

      5. 2.1.5 Emulsfier

      6. 2.1.6 Preservative

      7. 2.1.7 Others

    2. 2.2 By Aplication

      1. 2.2.1 Bread

      2. 2.2.2 Cake & Pastry

      3. 2.2.3 Roll & Pie

      4. 2.2.4 Cookie & Biscuit

      5. 2.2.5 Others

    3. 2.3 Geography

      1. 2.3.1 Saudi Arabia

      2. 2.3.2 UAE

      3. 2.3.3 Kuwait

      4. 2.3.4 Oman

      5. 2.3.5 Qatar

      6. 2.3.6 Bahrain

GCC Bakery Ingredients Market Size FAQs

The GCC Bakery Ingredients Market is projected to register a CAGR of 7% during the forecast period (2024-2029)

Cargill Inc., Archer Daniels Midland, Kerry Group, Gulfflavours.net and Almarai are the major companies operating in the GCC Bakery Ingredients Market.

GCC Bakery Ingredients Market Report Snapshots

GCC Bakery Ingredients Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)