GCC Cheese Market

GCC Cheese Market Overview:

The GCC cheese market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Cheese is a nutritious dairy food produced by coagulating the protein casein found in cow, camel, goat, and buffalo milk. Some of the most common cheese types available in the market are mozzarella, cheddar, feta, taleggio, parmesan, and Roquefort. Its variety depends on the origin of butterfat, pasteurization, milk, protein, mold, aging, bacteria, and processing. It is a rich source of vital nutrients, including fat, protein, phosphorous, zinc, riboflavin and vitamins A and B-12. Cheese assists in minimizing the risk of developing cancer, blood pressure, osteoporosis, and immunity-related problems. It possesses a longer shelf life and can be combined with numerous sweet and savory food products. In recent years, cheese has gained momentum due to the shifting consumer preference toward a high-protein diet.

One of the primary factors driving the market is the growing consumption of dairy products across the GCC region. In addition, the escalating demand for fast-food items, such as burgers, pizza and pasta, in which cheese is one of the major ingredients, is contributing to product sales. Additionally, the rapidly growing population, changing food patterns and increasing adoption of healthy eating habits is positively influencing the market growth. Other than this, the utilization of innovative membrane filtration technology to enhance and retain the nutritional content of cheese is boosting the demand for the product. Besides this, the introduction of numerous innovative and premium products, including low-fat, vitamin-enriched, or sugar-free variants, is creating a positive market outlook. Apart from this, the inclination of the masses toward ready-to-eat (RTE) processed food products due to the hectic lifestyle and lack of time is creating lucrative growth opportunities for the key players operating in the industry. Furthermore, the launch of various new products such as processed cheese slices, cheddar cheese in tubs and cans, and cream cheese in jars is catalyzing the market growth.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC cheese market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC cheese market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC cheese market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC cheese market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC cheese market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC cheese market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC cheese market industry. Furthermore, the value chain analysis of the GCC cheese market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Cheese Market Segment Insights:

The GCC cheese market has been analysed as followed:

By Source:

• Cow Milk
• Buffalo Milk
• Goat Milk
• Others

By Type:

• Natural
• Processed

By Product:

• Mozzarella
• Cheddar
• Feta
• Parmesan
• Roquefort
• Others

By Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online
• Other

By Format:

• Slices
• Diced/Cubes
• Shredded
• Blocks
• Spreads
• Liquid
• Others

By Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Cheese Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The GCC cheese market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs