Featured Report
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 being made by the regional governments to strengthen food security is likely to support a sustainable supply of food items to meet the rising demand.
The country-wise food consumption share in the GCC is projected to change marginally through 2029. Saudi Arabia and the UAE are expected to remain the largest food-consuming nations, and their combined share of total GCC food consumption is forecasted to reach 73.8% by 2029. Oman is set to witness the highest CAGR at 3.8%, followed by Bahrain with a CAGR of 3.3% during the forecast period. The remaining GCC countries are expected to register growth rates between 0.1% and 1.8%.
