The latest report by IMARC Group, titled “GCC Fresh Milk Market : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, finds that the GCC fresh milk market reached a volume of XX Million Litres in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026.
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GCC Fresh Milk Market Trends:
In the GCC region, there is a significant demand for fresh milk owing to its health benefits and high nutritional value. Moreover, the growing health consciousness among the consumers has led to an increase in the demand for healthier, natural and organic products. In line with this, the players have developed innovative packaging formats which make the consumption and storage of fresh milk convenient for the consumers, thereby providing a positive thrust to the market growth. In addition, an expansion in the distribution channels has supported the availability of dairy products. Apart from this, the governments in the GCC regions are making investments to provide new and efficient technologies for handling fresh milk from production and cooling to storage.
GCC Fresh Milk Market Summary:
- On a geographical front, Saudi Arabia dominates the market, accounting for the largest share. The high consumption of fresh milk in the country can be attributed to a large population with high disposable incomes. Some of the other major markets in the region include the UAE, Kuwait, Oman, Qatar and Bahrain.
- The competitive landscape of the market has also been examined with some of the key players being Almarai, Al Safi Danone, Nada Dairy, Al Ain Dairy and Al Rawabi.
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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