GCC (Gulf Cooperation Council) Food Market Analysis Report 2024: Consumption is Expected to Reach 59.64 Million MT by 2028 - Regional Insights, Size and Trends with Impact of COVID-19 - ResearchAndMarkets.com
Retrieved on:
Thursday, February 1, 2024
Food, Beverage, Retail, Food security, Fishery, COVID-19, Meat, Growth, Keto, Milk, GDP, Research, Government, Economic development, Prevalence, PepsiCo, Almarai, Incidence, GCC, FMCG, Tourism, Automation, Social media, FoodCo, Food industry, Acquisition, IDJ, Private sector, Consumer, Health, Farm, Fruit, Vegetable, Agriculture
GCC food market by consumption is expected to reach 59.64 million MT by 2028, growing at a CAGR of 2.90% during the forecast period of 2023-2028.
Key Points:
- GCC food market by consumption is expected to reach 59.64 million MT by 2028, growing at a CAGR of 2.90% during the forecast period of 2023-2028.
- The GCC Food market holds immense potential for growth and innovation due to its strategic location and the region's burgeoning population.
- The GCC Food market growth is driven by factors such as increased population, per capita income, and tourism.
- Impact Analysis of COVID-19 and Way Forward:
The COVID-19 epidemic had a negative impact on market trends in GCC food market.