GCC Fresh Milk Market

GCC Fresh Milk Market Overview:

The GCC fresh milk 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. Fresh milk is a white or yellowish-white colored fluid produced by the mammary glands of various herbivorous animals, such as cows, sheep, buffaloes, goats, and camels. It is rich in calcium, protein, fat, carbohydrate, riboflavin, phosphorus, potassium, magnesium, iodine, zinc, and vitamins A, B6, and B12. It helps reduce the risk of heart diseases, diabetes, and thyroiditis. It facilitates the development of strong bones and improves brain function in children and adults. It also prevents inflammation in the body and lowers oxidative stress due to the presence of antioxidants. It provides energy, repairs muscles, and cures joint pains. It is used to prepare various recipes, such as smoothies, oatmeal, cakes, soups, and stews. Fresh milk is also added to various skin and hair care products to offer hydration and anti-aging benefits to individuals across the GCC region.

At present, the increasing consumption of fresh milk to maintain a healthy diet represents one of the primary factors bolstering the growth of the market in the GCC region. Besides this, the rising usage of fresh milk in the food and beverage (F&B) industry to manufacture butter, ghee, cheese, and yogurt is propelling the growth of the market across the region. In addition, the increasing consumption of camel milk due to its nutritional benefits and easy availability of camels in the region is offering a lucrative growth opportunity to industry investors. Apart from this, the rising utilization of fresh milk in cafes and restaurants for preparing tea, coffee, milkshakes, pasta, and desserts is positively influencing the market in the GCC region. Moreover, the growing production of low lactose content milk is offering a positive market outlook. Furthermore, farmers are feeding organic stock feed to the cattle to enhance the quality of the fresh milk, which is contributing to the growth of the market.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC fresh milk 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 fresh milk market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC fresh milk market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC fresh milk 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 fresh milk market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC fresh milk 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 fresh milk market industry. Furthermore, the value chain analysis of the GCC fresh milk 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 Fresh Milk Market Segment Insights:

The GCC fresh milk market has been analysed as followed:

By Country:

• Saudi Arabia
• UAE
• Qatar
• Oman
• Kuwait
• Bahrain

Competative Landscape: 

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of the leading players operating in the market are:

• Almarai 
• Al Safi Danone 
• Nada Dairy 
• Al Ain Dairy and Al Rawabi.

Highlights of the GCC Fresh Milk 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 fresh milk 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