Market Size of Gulf Cooperation Council Frozen Bakery Products Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 280.23 Million |
| Market Size (2029) | USD 385.54 Million |
| CAGR (2024 - 2029) | 6.59 % |
| Market Concentration | Medium |
Major Players.webp){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
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Gulf Cooperation Council Frozen Bakery Products Market Analysis
The Gulf Cooperation Council Frozen Bakery Products Market size is estimated at USD 280.23 million in 2024, and is expected to reach USD 385.54 million by 2029, growing at a CAGR of 6.59% during the forecast period (2024-2029).
- The demand for healthy and convenient food options is leading to a shift in the bakery industry towards bake-off technologies (BOTs). Industrial bakers are focusing on producing frozen bakery products, such as unfermented frozen dough (UFD), partially-baked frozen bread (PBF), and partially-baked unfrozen bread (PBUF), as well as frozen semi-baked goods and ready-to-bake goods.
- These products require less time for baking and cooking, making them a convenient option for working professionals with busy schedules. Moreover, market players are adopting innovative strategies to expand their product portfolio and consumer base. For instance, bakery ingredient manufacturer Pak Group, which exports its products to more than 130 countries globally, including GCC, announced its line of Bellarise semi-dry yeast.
- The company claims that its frozen yeast solution provides commercial bakeries with better shelf life for their unfermented frozen (UFF) doughs, more consistent gassing power from proof to bake compared to cream and crumble fresh yeast, and reduced costs while going Non-GMO and clean label. Such innovations are anticipated to provide a positive thrust to the market during the study period.
