Sector: Food

Food consumption in the GCC is projected to grow, driven by demographic expansion, rising spending power, and burgeoning tourism. National strategies and shifting dietary preferences toward health-conscious alternatives are reshaping the sector. Rising demand for healthier, fresh, and nutrient-rich foods — including organic and clean-label options — is spurring investment and innovation. In response, regional players are boosting local production, expanding capabilities, and enhancing competitiveness.

Alpen Capital’s comprehensive industry research reports on the food sector feature forecasts on the consumption patterns of the six GCC nations across major food categories, along with in-depth analysis on recent trends, growth drivers and challenges facing the segment. Furthermore, the report also profiles some of the food companies in the region.

GCC Food Industry Report 2025

According to Alpen Capital, food consumption in the GCC is projected to grow at a CAGR of 1.7% to reach 55.5 million MT by 2029 from an estimated 50.9 million MT in 2024. This growth is expected to be driven by an increasing population, high per capita incomes and rising tourism. Additionally, the heavy investments […]

GCC Food Industry Report 2023

According to Alpen Capital food consumption in the GCC is projected to grow at a CAGR of 2.8% to reach 56.2 million MT by 2027 from an estimated 49.0 million MT in 2022. Future growth is expected to be driven by an increase in population, rise in per capita income, and rebound in tourism activities. […]

GCC Food Industry Report 2021

UAE-based investment banking advisory firm, Alpen Capital, launched its latest GCC Food Industry report on Monday 6th September. The report provides a comprehensive overview of the GCC food sector and outlines the recent trends, growth drivers and challenges in the sector. It also profiles some of the renowned food companies in the region. The report […]

GCC Food Industry Report 2019

Industry Outlook According to Alpen Capital, food consumption in the GCC is expected to grow at a CAGR of 3.3% from an estimated 51.5 million MT in 2018 to 60.7 million MT in 2023. Increase in population, growing tourism, high per capita income and a sustained economic recovery are likely to drive the growth of […]

GCC Food Industry Report 2017

An expanding multi-ethnic, young and affluent society, supplemented by a growing tourism sector continue to drive the GCC region’s appetite for food. Furthermore, fast-paced lifestyle and gastronomic diversity of the region have led people to develop a penchant for packaged and international foods. To meet the growing demand, several food processing units, restaurants and modern […]

GCC Food Industry Report 2015

The report presents the demand-supply dynamics of the GCC food industry across its countries and major food categories. The report also highlights the recent industry trends, growth drivers, and challenges in the industry. It profiles some of the leading food companies in the region while evaluating their financial and market valuation metrics vis-à-vis the regional […]

GCC Food Industry Report 2013

Alpen Capital today announced the publication of its GCC Food Industry Report which focuses on production, import and consumption volumes of key food segments and their growth potential. It analyses the growth drivers, trends and future prospects for the sector, shedding light on the challenges that could impact the sector’s profitability and growth in the […]

GCC Food Industry Report 2011

Alpen Capital´s latest report on the GCC Food Industry estimates that the per capita food consumption in the region will expand at a CAGR of 2.1% over 2011-15 (as against an estimated CAGR of 0.9% over 2007-10), mainly due to rising incomes in the region. Overall food consumption too will grow at a faster pace […]