GCC Pasta Market

GCC Pasta Market Overview:

The GCC pasta 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. Pasta is made from a mixture of durum wheat flour, eggs, and water that is shaped into different forms and then boiled. The ingredients are added to a high-capacity auger extruder equipped with a variety of dies to determine the shape of the pasta. Spaghetti, paccheri, capellini, bucatini, tagliolini, fusilli, and macaroni are some of the commonly available product variants. It is an excellent source of fiber, protein, folic acid, and carbohydrates with low sodium and cholesterol contents, which is why it is widely served with meat, soup, sauce, and vegetables. Currently, pasta is sold in dried, canned, and fresh types. 

The steadily rising working populace and hectic schedules have prompted a gradual shift in consumer consumption preference toward processed and ready-to-eat (RTE) and ready-to-cook (RTC) food products, such as pasta, which represents one of the key factors providing a considerable boost to the market growth in the GCC. This is further supported by the increasing popularity of inter-continental cuisines. Additionally, key market players are introducing new product variants, such as organic, gluten-free, and vegan pasta, to increase their consumer base, which is creating a positive outlook for the market. Moreover, the surging number of restaurants offering customized pasta dishes to cater to regional taste preferences is acting as another factor boosting the market growth. Apart from this, the easy product availability in supermarkets, hypermarkets, and online retail stores and the increasing consumer per capita income are positively contributing to the market growth. Furthermore, the rapid expansion of Italian restaurants and food joints and the growing consumer awareness regarding the health benefits of pasta are other growth-inducing factors. In line with this, the proliferating organized food retail outlets are offering a wide range of diversified pasta variants at affordable prices, which, in turn, is positively influencing the market growth. Other factors, such as the shifting dietary preferences and increasing investments by key players to upgrade the existing food processing machinery, are bolstering the market growth.

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

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

The GCC pasta market has been analysed as followed:

Segmentation by Type:

•    Dried Pasta
•    Chilled/Fresh Pasta
•    Canned/Preserved Pasta
•    Others

Segmentation by Raw Material:

•    Durum Wheat Semolina
•    Wheat
•    Mix
•    Barley
•    Rice
•    Maize
•    Others 

Segmentation by Distribution Channel:

•    Supermarkets
•    Hypermarkets 
•    Discounters
•    Independent Small Grocers
•    Online
•    Others

Segmentation 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 Pasta Market Report:

•    Historical and current scenario 
•    Trends and developments
•    Market forecast 
•    Price analysis and forecast
•    Porter’s five forces analysis 
•    SWOT analysis 
•    Value chain analysis 

Report Customisation:

The GCC pasta 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.