The latest report by MarkNtel Advisors, titled “GCC Snacks Market” Size study report 2024-30 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. GCC Snacks Market Share, Size, and Industry Analysis. By Product Type (Sweet Biscuits, Snack Bars, and Fruit Snacks [Wafers, Sweet Biscuits, Snack Bars, Fruit Snacks, Others], Savory Snacks [Salty Snacks, Nuts, Seeds, and Trail Mixes,Savory Biscuits, Others], Ice Cream [Impulse Ice Cream, Take-home Ice Cream, Others], Sugar Confectionery [Toffees, Caramels and Nougat, Pastilles, Gummies, Jellies and Chews, Medicated Confectionery, Boiled Sweets, Others], Chocolate Confectionery [Countlines, Tablets, Others]), By Distribution Channel (Online, Offline), By Packaging Type (Cans, Container & Boxes, Bags & Pouches), By Region (The UAE, Saudi Arabia, Qatar, Kuwait, Oman, Bahrain). The GCC Snacks Market size was valued at around USD 6.74 billion in 2023 and is estimated to grow at a CAGR of about 4.9% during the forecast period, i.e., 2024-30.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of GCC Snacks Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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GCC Snacks Market Challenge:
Negative Impact of Additives & Other Chemicals to Hinder the Market – Food additives & chemicals contain various artificial colors, which could cause short or long-term harm to the individual health. Consumers are becoming aware of the adverse effects of additives present in food. Thus, a shift in consumer preference has been seen over the years as they prefer snacks and food products, mentioning zero additives in their labeling. Snack manufacturers that fail to change their product’s ingredients according to consumer preferences could face a decline in their sales.
Many international organizations regulate the amount of chemical presence in the food to avoid any potential harm to the individual’s health. Hence, various countries such as the UAE regulate & monitor food safety by implementing various laws. The inconsistency and presence of additives could negatively affect the brand reputation & authenticity of the company’s products, further impacting the GCC Snacks Market growth.
GCC Snacks Market Segmentation
By Product Type
-Sweet Biscuits, Snack Bars, and Fruit Snacks
–Wafers – Market Size & Forecast 2019-2030, (Thousand Tons)
–Sweet Biscuits – Market Size & Forecast 2019-2030, (Thousand Tons)
–Snack Bars – Market Size & Forecast 2019-2030, (Thousand Tons)
–Fruit Snacks – Market Size & Forecast 2019-2030, (Thousand Tons)
–Others (Crackers, Puffs, etc.) – Market Size & Forecast 2019-2030, (Thousand Tons)
-Savory Snacks
–Salty Snacks – Market Size & Forecast 2019-2030, (Thousand Tons)
–Nuts, Seeds, and Trail Mixes – Market Size & Forecast 2019-2030, (Thousand Tons)
–Savory Biscuits – Market Size & Forecast 2019-2030, (Thousand Tons)
–Others (Potato Chips, Pretzel, etc.) – Market Size & Forecast 2019-2030, (Thousand Tons)
-Ice Cream
–Impulse Ice Cream – Market Size & Forecast 2019-2030, (Million Liters)
–Take-home Ice Cream – Market Size & Forecast 2019-2030, (Million Liters)
–Others – Market Size & Forecast 2019-2030, (Million Liters)
-Sugar Confectionery
–Toffees, Caramels and Nougat – Market Size & Forecast 2019-2030, (Thousand Tons)
–Pastilles, Gummies, Jellies and Chews – Market Size & Forecast 2019-2030, (Thousand Tons)
–Medicated Confectionery – Market Size & Forecast 2019-2030, (Thousand Tons)
–Boiled Sweets – Market Size & Forecast 2019-2030, (Thousand Tons)
–Others (Mints, Lollipops, etc.) – Market Size & Forecast 2019-2030, (Thousand Tons)
-Chocolate Confectionery
–Countlines – Market Size & Forecast 2019-2030, (Thousand Tons)
–Tablets – Market Size & Forecast 2019-2030, (Thousand Tons)
–Others (Chocolate Pouches and Bags, etc.) – Market Size & Forecast 2019-2030, (Thousand Tons)
By Distribution Channel
-Online – Market Size & Forecast 2019-2030, (USD Million)
-Offline – Market Size & Forecast 2019-2030, (USD Million)
–Hypermarket & Supermarket
–Convenience Store
–Others (Specialty Store, etc.)
By Packaging Type
-Cans – Market Size & Forecast 2019-2030, (USD Million)
-Container & Boxes – Market Size & Forecast 2019-2030, (USD Million)
-Bags & Pouches – Market Size & Forecast 2019-2030, (USD Million)
By Region
-The UAE
-Saudi Arabia
-Qatar
-Kuwait
-Oman
-Bahrain
Click here for a more detailed explanation: https://www.marknteladvisors.com/research-library/gcc-snacks-market.html
Major Key Players in GCC Snacks Market research report:
PepsiCo Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Nestle SA
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Mondelez International Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Note: 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.
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