GCC Frozen Bakery Products Market Growth, Trends and Forecasts (2020 - 2025)

GCC frozen bakery product market is segmented by Product Type (bread, cakes and pastries, morning goods, and other bakery goods); by Distribution Channels (Hypermarkets/Supermarkets, Speciality stores, Convenience stores, Online retail stores, and Other distribution Channels; and by Country.

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

7.0 %

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Market Overview

The GCC frozen bakery product market was valued at USD 164 million in 2018 and is expected to reach USD 246 million by 2024, registering a CAGR of 7.0% during the forecast period (2020-2025).

  • Convenience is the leading driver for the market, due to the growing busy lifestyle in the region. The frozen bakery sector exhibits well-established in-store bakeries, coffee chains, cafes, and quick-service restaurants. These outlets are quickly seizing the opportunity associated with frozen baked products – greater convenience, availability, and a wide range of variability in products. Expanding the retail market is giving a good opportunity to the international and domestic players in the market.

Scope of the Report

GCC frozen bakery products market is segmented by product type into bread, cakes and pastries, morning goods, and other bakery goods distributed through distribution channels including hypermarkets/supermarkets, speciality stores, convenience stores, online retailing, and other distribution channels.  Also, the study provides an analysis of the frozen bakery products market in the emerging and established markets across the GCC region, including UAE, Saudi Arabia, Kuwait, Qatar, Oman, and Bahrain.

Product Type
Frozen Bread
Frozen Cakes & Pastries
Frozen Morning Goods
Other Frozen Baked Products
By Distribution
Supermarkets and Hypermarkets
Specalist Retailers
Convenience Stores
Online Retail Stores
Other Distribution Channels
By Country
United Arab Emirates
Saudi Arabia
Kuwait
Qatar
Oman
Bahrain

Report scope can be customized per your requirements. Click here.

Key Market Trends

Frozen Bread Dominates the Market

Frozen bread occupies a major share of 39.14% in the GCC frozen bakery market, followed by frozen pizza crusts. Expanding foodservice restaurants, especially fast food industry and cafes in GCC, offers a wonderful opportunity for frozen bakery product companies, as it saves time and requires a less skilled workforce. Growing E-commerce is another driving platform for the frozen bakery product market, thus providing valuable opportunities to foreign players. Key reasons for the increasing demand for frozen Bread products are rising preference toward convenient food and the popularity of specialty frozen Bread products. Intra-industry competitiveness is high and affects the market. However, consumer demand is affected by the quality and health concerns. In trend with the rising consciousness among people regarding health, availability of value-added products in the market is likely to garner the market growth.

To understand key trends, Download Sample Report

Increasing Penetration of Distribution Channels

The frozen bakery sector in the GCC region exhibits well-established in-store bakeries, coffee chains, cafes, and quick-service restaurants. These outlets are quickly seizing the opportunity associated with frozen baked products – greater convenience, availability, and a wide range of variability in products. Expanding the retail market is giving a good opportunity to the international and domestic players in the market. Although the domestic market for frozen bakery goods in GCC is not well established, the growth of the regional market is driven by the increased import of the baked goods. Thus, the domestic market is unexplored and presents an opportunity for multinational companies to enter the domestic market, with the concept of private labels, to exploit the market. Modern retail formats of hypermarkets and supermarkets are gaining popularity among busy consumers in the GCC, thus providing a platform for multinational brands to market their frozen bakery products.

To understand geography trends, Download Sample Report.

Competitive Landscape

Over 75% of the food products originate from import in GCC, mainly from the United States and Europe. Many leading European frozen bakery companies, such as Switz Group, are capturing the market share in the region. GCC consumers have an increasing preference for international frozen bakery products. The frozen bakery sector comprises of a wide range of products and diversified companies, operating and competing at both regional and global levels. The companies are diversifying their product portfolios, in an effort to cater to the evolving tastes and preferences, as well as to gain competitive advantage. Most companies are making significant investments in R&D, in order to provide consumers with innovative and healthy products. The market is still immature and there is much room for new entrants in the market.

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 Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porters Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitutes

      5. 4.3.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Product Type

      1. 5.1.1 Frozen Bread

      2. 5.1.2 Frozen Cakes & Pastries

      3. 5.1.3 Frozen Morning Goods

      4. 5.1.4 Other Frozen Baked Products

    2. 5.2 By Distribution

      1. 5.2.1 Supermarkets and Hypermarkets

      2. 5.2.2 Specalist Retailers

      3. 5.2.3 Convenience Stores

      4. 5.2.4 Online Retail Stores

      5. 5.2.5 Other Distribution Channels

    3. 5.3 By Country

      1. 5.3.1 United Arab Emirates

      2. 5.3.2 Saudi Arabia

      3. 5.3.3 Kuwait

      4. 5.3.4 Qatar

      5. 5.3.5 Oman

      6. 5.3.6 Bahrain

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Market share analysis

    3. 6.3 Key strategies adapted

    4. 6.4 Company Profiles

      1. 6.4.1 Dawn Foods

      2. 6.4.2 Sunbulah Group

      3. 6.4.3 Lantmännen Unibake UK Limited

      4. 6.4.4 ABC Bkaing

      5. 6.4.5 Lantmännen Unibake UK Limited

      6. 6.4.6 General Mills Inc

      7. 6.4.7 Grupo Bimbo

      8. 6.4.8 Monte Pizza Crust

      9. 6.4.9 Atyab Bakery

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

** Subject to Availability

Related Reports