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The GCC bakery products market exhibited moderate growth during 2015-2020. Bakery products are primarily prepared by using dry heat in an oven, hot stones, or ashes. Some of the common materials used in the baking process include flour, water, yeast, eggs, milk, sugar, salt, emulsifiers, flavorings, preservatives, etc. The choice of these ingredients and their compositions determine the texture and flavor of bakery products. These products widely include bread, bagels, rolls, doughnuts, cakes, pies, cookies, muffins, etc. In the GCC region, the growing demand for convenience food products is currently driving the market for bakery items.
The expanding food processing sector coupled with the increasing influence of western food trends is propelling the demand for bakery products in the region. Furthermore, the growing number of foodservice companies and the wide availability of diverse bakery product ranges are also augmenting the market growth. Additionally, a significant rise in the presence of artisanal bakery shops and patisseries offering different varieties of cakes, pastries, tarts, macrons, pies, etc., is further bolstering the product demand. Moreover, the GCC market is also catalyzed by the rising popularity of serving bakery items during social gatherings, corporate parties, special and festive occasions, etc. Apart from this, the growing consumer health consciousness has led to the emergence of numerous innovative product variants, such as gluten-free, vegan, and lactose-free bakery products. Furthermore, the increasing consumer concerns towards the presence of synthetic additives in conventional bakery items are also propelling the demand for organic and clean-label alternatives. Besides this, several regional manufacturers are focusing on the development of high-quality bakery ingredients for providing prolonged shelf life and adding rich taste and texture to bakery products. All of these above-mentioned factors will continue to drive the market for bakery products in the GCC region during the forecast period. Looking forward, IMARC Group expects the GCC bakery products market to grow at a CAGR of around 6% during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC bakery products market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type, bakery type, source, form, nature and distribution channel.
Breakup by Product Type:
Breakup by Bakery Type:
Breakup by Source:
Breakup by Form:
Breakup by Nature:
Breakup by Distribution Channel:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agthia Group, Al Jadeed Bakery, Aryzta AG, Dawn Food Products, Inc., Dofreeze LLC, General Mills Inc., Kellogg Company, Modern Bakery LLC, Mondelez International, Sunbulah Group and Switz Group.
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