Market Size of GCC Bakery Ingredients Industry
| 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
*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.
