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

The Market Report Covers GCC Bakery Products Manufacturers and is Segmented by ingredient type (Sweeteners, Leavening Agent, Baking Enzymes, Color and flavors, Emulsifiers, Preservatives, and Others), By Application (Bread, Cake, and Pastry, Roll and Pie, Cookie and Biscuit and Others) and By Geography (Saudi Arabia, UAE, Kuwait, Oman, Qatar, and Bahrain)

GCC Bakery Ingredients Market Size

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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

GCC Bakery Ingredients Market

*Disclaimer: Major Players sorted in no particular order

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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 Market Trends

This section covers the major market trends shaping the GCC Bakery Ingredients Market according to our research experts:

Breads Segment Held a Major Share by Application

GCC bakery ingredient market is segmented by application into bread, cake & pastry, roll & pie, cookie & biscuit, and other bakery products such as waffles, brownie, crackers, tart, croissants, pancakes, donuts, etc. The bread segment occupies a major share of 50% in the market, followed by the cake & pastry segment. Saudi Arabians consume more bread per person than any other country. Bread is eaten with the main course, and can be dipped in gravy, or used to hold meat and vegetables. The most popular bread in the UAE is the tandoori bread, which is a single-layered flatbread, baked in a shell oven and made of medium-hard wheat. Furthermore, Bread is the dominant category in baked products and is expected to be the dominant category in the future.

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Saudi Arabia Held the Major Market

GCC region offers a wide scope for the nations worldwide, to export their bakery products and to meet the consumer demand in the region. Among the GCC nations, Saudi Arabia holds the major share, while countries like UAE, Kuwait and Bahrain account for the fastest growing nations in the region. Kuwait’s domestic agricultural production is almost negligible, due to climatic conditions in the country, whereas the demand for the bakery products or their ingredients is ever increasing. Saudi Arabia is the 20th largest market for bakery products in the world. The market fell in ranking, due to government initiatives like the NITAQAT program, which is an initiative to encourage businesses to hire Saudi nationals.

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GCC Bakery Ingredients Industry Overview

GCC bakery ingredients market is fragmented and Almarai Co. Ltd., Kerry Group, Cargill Inc., Archer Daniels are the key players in the market.Almarai Co. Ltd. is the largest domestic dairy ingredients supplier of the bakery industries, while Areej Vegetable Oils is the leading supplier of bakery fats and oils. Other dairy ingredients leading suppliers are Saudi Dairy & Foodstuff Company and National Agriculture Development Company (NADEC) in the region. ADM and Cargill have a significant market share in starches, emulsifiers, and sweeteners. Kerry Group and Givaudan are the major suppliers of flavors and extracts for the bakery industries.

GCC Bakery Ingredients Market Leaders

  1. Cargill Inc.

  2. Archer Daniels Midland

  3. Kerry Group

  4. Gulfflavours.net

  5. Almarai

*Disclaimer: Major Players sorted in no particular order

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GCC Bakery Ingredients Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Degree Of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Ingredient Type

      1. 5.1.1 Sweetener

      2. 5.1.2 Leaving Agent

      3. 5.1.3 Enzyme

      4. 5.1.4 Color & Flavor

      5. 5.1.5 Emulsfier

      6. 5.1.6 Preservative

      7. 5.1.7 Others

    2. 5.2 By Aplication

      1. 5.2.1 Bread

      2. 5.2.2 Cake & Pastry

      3. 5.2.3 Roll & Pie

      4. 5.2.4 Cookie & Biscuit

      5. 5.2.5 Others

    3. 5.3 Geography

      1. 5.3.1 Saudi Arabia

      2. 5.3.2 UAE

      3. 5.3.3 Kuwait

      4. 5.3.4 Oman

      5. 5.3.5 Qatar

      6. 5.3.6 Bahrain

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Share Analysis

    2. 6.2 Company Profiles

      1. 6.2.1 Cargill Inc.

      2. 6.2.2 Archer Daniels Midland

      3. 6.2.3 Kerry Group

      4. 6.2.4 Almarai

      5. 6.2.5 Agthia

      6. 6.2.6 Ingredion

      7. 6.2.7 IFFCO Group

      8. 6.2.8 Gulfflavours.net

    3. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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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 Research 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.

The report covers the GCC Bakery Ingredients Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the GCC Bakery Ingredients Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

GCC Bakery Ingredients Industry Report

Statistics for the 2024 GCC Bakery Ingredients market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. GCC Bakery Ingredients analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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