GCC food market revenue 2014-2027, by segment

Published by
Amna Puri-Mirza,
Mar 21, 2023
In 2023, the leading food segment Gulf Cooperation Council was confectionary and snacks with a revenue of 21.8 billlion U.S. dollars. According to projections, this segment will grow to 26 billion U.S dollars by 2027. For more information on over 200 markets in 150 countries, please visit Consumer Market Outlook.

Revenue of the Gulf Cooperation Council food market between 2014 to 2027, by segment (in billion U.S. dollars)

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Supplementary notes

*Data provided by Statista Consumer Outlook are estimates
The Food market includes all kinds of fresh and processed foods. The market is divided into following segments: Dairy Products & Eggs, Meat, Fish & Seafood, Vegetables, Fruits, Bread & Cereal Products, Oils & Fats, Spreads & Sweeteners, Sauces & Condiments, Convenience Food, Confectionery & Snacks, Baby Food and Pet Food. Food represents a significant part of household expenditure, but its relative importance compared to other products decreases with increasing income.

All figures are estimate. A detailed methodology can be found in the Statista Consumer Market Outlook.

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