GCC Food Ingredients Market Global Industryt
GCC Food Ingredients Market Global Industry Forecast
Report, 2021-2028
GCC
Packaged Food Market
In accordance with the GMI Research, the GCC
Packaged Food Market will proliferate over the forecast period. This is
because of the accelerating number of rigorous managerial frameworks that
include obligated halal labelling.
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GCC Packaged Food Market Dynamics
Accelerating per capita income and the increasing drift
towards western food culture are the prominent forces stimulating the growth of
the GCC
packaged food market. Packaged food sustains the hygiene of food and
enlarges the shelf life of food items. The mounting rural to urban migration
and the rising working population will fuel the market growth. Additionally,
the varying consumer choice due to the busy lifestyle is encouraging the market
growth. Further, the growing purchasing power of individuals and the
aggravating demand for nutritious packaged food amid millennials will persuade
the consumers to choose for packaged food items.
Besides this, the increasing marketing of packaged food by
several media channel regarding the advantages of packaged food will fuel the
market size. In parallel, as per the GCC Flexible Packaging Market Report, better living standard
and varying dietary patterns of consumers has paved the way for market growth.
However, the threat of food contagion because of packaging stuff and the
exposure of local brands will restrain the market growth.
Product Segment Drivers
On the basis of the product, the GCC Packaged food market can
be bifurcated into breakfast cereals, baked foods, ready meals, soups, potato
chips, nuts, non-alcoholic drink, baby food, instant noodles, pasta, chocolate
confectionery, biscuits, cheese, ice creams, sauces, yogurt, and dressings
& condiments. Among these, the Breakfast Cereals Segment is anticipated to
witness a faster growth over the forecast period owing to the exacerbating
demand for nutritious and convenient breakfast options. Moreover, the intensified
emphases on morning meals as well as the elevating demand for highly nutritious
food items, primarily amid the working women population will generate huge
opportunities for the market.
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