The GCC food market is set to witness steady growth, with consumption projected to reach 63.46 million metric tonnes (MT) by 2030, growing at a CAGR of 2.98% from 2025 to 2030. This growth is fueled by a rising population, increasing disposable income, tourism development, and a growing focus on health-conscious consumption across the region.
With its strategic location and diverse population, the GCC presents vast opportunities for innovation in the food sector. The market reflects a rich culinary heritage shaped by global influences and local ingredients. Demand for plant-based, organic, and pesticide-free foods is increasing, particularly among millennials prioritizing wellness and sustainable consumption.
Governments across the GCC are investing in food security and local production, promoting R&D, reducing food waste, and supporting domestic agriculture. Investments in desalination infrastructure have enabled the growth of fruits, vegetables, and cereals, with a clear shift toward self-sufficiency.
Despite its promise, the GCC food market remains fragmented and highly competitive, with consolidation likely in the near future. Mergers and acquisitions, both cross-border and intra-regional, have become common as companies seek to expand portfolios and strengthen market positions.
Country Highlights
Saudi Arabia led the region in both production and consumption in 2024, driven by its large population, economic growth, and efforts to reduce reliance on food imports. The country plans to build 1,000 dams and invest $10 billion to boost local food production and diversify its sources.
Bahrain is projected to record the highest growth in food consumption, supported by rising GDP and a growing tourism sector. The launch of a national food production strategy in 2023 includes targets like producing over 520 tonnes of local crops by 2024 and introducing shrimp aquafarming initiatives.
Production and Imports
The GCC food production market was valued at 17.81 million MT in 2024, supported by advanced farming techniques such as hydroponics and precision agriculture.
However, due to arid climates and limited water resources, the region remains heavily reliant on imports. In 2024, GCC food imports totaled 35.19 million MT, with Saudi Arabia and the UAE being the largest importers.
Market Segmentation
By Category:
Cereals (e.g., rice, wheat, barley) remained the most consumed and imported food group in 2024, although consumption declined slightly.
Vegetables are the fastest-growing segment, driven by rising health awareness and the demand for fresh, nutrient-rich foods.
By Production:
Fruits led in domestic production, thanks to favorable microclimates and advanced agricultural technology like controlled environment farming.
Competitive Landscape & Developments
GCC food companies are focusing on technology adoption, market expansion, and strategic collaborations to stay competitive. Key updates include:
Al Islami Foods launched a new processed food range in Qatar in November 2024.
Almarai acquired International Dairy and Juice Limited (IDJ), formerly a joint venture with PepsiCo, in February 2023.
Foodco partnered with MGolden Group in August 2023 to expand FMCG distribution across the region.
Conclusion
As the region modernizes its food ecosystem and aligns with global sustainability goals, the GCC food market is positioned for long-term growth and transformation. Efforts to reduce import dependency, coupled with digital innovation and agricultural investment, will be key in shaping the future of food in the GCC.
Source: ResearchAndMarkets
