The GCC Dairy Market is expected to grow at a CAGR of around 6% during 2021-2026. The report provides a detailed analysis of the market by Product, Distribution Channel, Application, Country.
Base Year: 2020
Forecast Year: 2021-2026
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Industry Definition and Application:
Dairy products are milk-based products derived from mammals, such as camels, goats, sheep, cows and buffaloes. Cheese, laban, yogurt, butter, ghee, ice cream and milk are some commonly available dairy products. They are further utilized to prepare whey cheese, whey drinks, lactose, dried whey and whey paste. Dairy products are a rich source of essential nutrients, including phosphorus, calcium, riboflavin, proteins, vitamin A and B12, zinc, potassium and magnesium. Consumption of dairy products aids in building and maintaining strong bones, maintaining the nutritional balance in the body, improving metabolism and immunity and preventing diseases, such as diabetes and cardiovascular ailments.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
The GCC dairy market is primarily being driven by the rising health consciousness among the masses. Consumers are widely adopting camel milk as it contains high levels of antioxidants, immunoglobulins and other nutrients. Moreover, various product innovations, such as the development of lactose-free and vegan dairy products, suitable for lactose-intolerant and vegan consumers, are providing a thrust to the market growth. Other factors, including the increasing number of camel breeding farms, along with the widespread product adoption in the food and beverage industry, are anticipated to drive the market toward growth across the region.
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GCC Dairy Market Segmentation:
The report has segmented the market on the basis of Product, Distribution Channel, Application, Country.
Breakup by Product:
- Liquid Milk
- Yogurt and Curd
- Butter and Clarified Butter
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialist Retailers
- Online Stores
Breakup by Application:
- Bakery and Confectionary
- Clinical Nutrition
- Frozen Food
Breakup by Country:
- Saudi Arabia
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