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 December 22, 2015 - 2:09 PM EST
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Research and Markets: Major sectors of the GCC Economic Model Review - Analysis, Trends, Opportunities & Forecasts 2015-2020

Research and Markets ( has announced the addition of the "Analysis of Major sectors of the GCC economic Model: Report on Agriculture, Dairy, Meat, Fruits and Vegetables, Aquaculture, Desalination, Manufacturing and Construction (2015-2020)" report to their offering.

The Gulf food sector is set to experience robust growth in the medium to long term due to rising income levels, growing population, urbanization and increase in organized retail trade. Food consumption in the GCC region will expand at a CAGR of 3.1% over 2012-17, reaching 49.1mn metric tonnes by the end of 2017. The GCC market for dairy products has grown at an estimated rate of 50% during the period 2007-2012. Saudi Arabia is still the largest consumer of dairy products with a market share of over 67% in GCC countries.

The continued rise in crude oil prices has spurred economic growth in the GCC region. The increased affluence has led to a shift in consumption pattern from carbohydrate-based to a protein-based diet, thus augmenting the demand for meat and meat products. Growing population is another factor responsible for rise in consumption.

GCC emphasis on greater food security has led to vertical agriculture which provides greater yields and subsidies for farmers are the main reasons for an increases in production of fruits and vegetables. Fish consumption in the GCC is estimated at 10 kg per person per year, with UAE on top in the regional rankings in the consumption of seafood with 33 kilograms per person. Aquaculture is relatively new in Saudi Arabia and there are not many rules and regulations governing the sector.

Report Structure:

1. Executive summary

2. Agriculture

3. Dairy

4. Meat & livestock

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Construction, Dairy Products, Water Treatment, Aquaculture

Source: Business Wire (December 22, 2015 - 2:09 PM EST)

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