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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Manufacturers in the GCC Dairy Market
Market players are expanding their domestic dairy production by investing in dairy farms, processing facilities
Almarai Company, founded in 1977 and headquartered in Riyadh, Saudi Arabia, is a prominent player in the dairy market. They offer a wide range of dairy products such as milk, cheese, yogurt, along with juices and bakery items.
National Agricultural Development Company (NADEC), established in the early 1980s and based in Riyadh, Saudi Arabia, is a key player in the dairy industry. Their product range includes dairy products, red meat, vegetables, and fruits.
Al Rawabi Dairy Company, founded in 1989 and headquartered in Dubai, United Arab Emirates, is a significant dairy producer in the region. Company offers a variety of dairy items to consumers, contributing to the availability of fresh and quality dairy products in the UAE.
Nestlé S.A, established in 1866, is a global food and beverage conglomerate headquartered in Switzerland, Europe. Its portfolio includes dairy products, coffee, water, baby food, breakfast cereals, confectionery, and pet foods.
Other key players in the GCC dairy market report include Al Ain Dairy, Saudia Dairy & Foodstuff Company (SADAFCO), Fonterra Co-operative Group Limited, Arla Foods amba, and Lactalis Group, among others.
GCC Dairy Market Report Snapshots
GCC Dairy Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the GCC dairy market reached an approximate value of USD 10.49 billion.
The market is expected to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 16.70 billion by 2032.
The major drivers of the market include rising disposable incomes, increasing population, and rising health consciousness.
Key trends aiding market expansion include the rising investments by the government into technologies for more efficient handling of fresh milk, growing demand for speciality dairy products, and rise of e-commerce channels.
Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Qatar, and Bahrain are the leading regions in the market, with Saudi Arabia accounting for a significant market share in terms of production.
Based on product, the market is divided into fluid milk, UHT milk, flavoured milk, cream, butter, anhydrous milk fat (AMF), skimmed milk powder, whole milk powder, whey protein (powder and concentrate), lactose, casein, cheese, yoghurt, and ice-cream, among others.
Key players in the market are Almarai Company, National Agricultural Development Company (NADEC), Al Rawabi Dairy Company, Al Ain Dairy, Saudia Dairy & Foodstuff Company (SADAFCO), Nestlé S.A., Fonterra Co-operative Group Limited, Arla Foods amba, and Lactalis Group, among others.
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