DUBLIN, Jan. 27, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/9b3335/packaged_food) has announced the addition of the "Packaged Food Market in GCC 2015-2019" report to their offering.
Packaged food includes all consumable eatables/products that are properly packaged, with the manufacturer's name, price, nutrition facts information, ingredients information, address, and a UPC (universal product code) written on the label. They can be either branded or retailer's own brands (private label). The primary feature of a packaged food product is that it provides protection from contamination and is a convenient option for today's lifestyle.
The analysts forecast the Packaged Food market in GCC to grow at a CAGR of 7.38 percent and 4.02 percent in terms of revenue and volume, respectively, during the period 2014-2019.
This report covers the present scenario and the growth prospects of the Packaged Food market in GCC for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the retail sales of various packaged food products. It also includes the market size based on volume, which is calculated on the basis of the consumption of packaged food products.
The report, Packaged Food Market in GCC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the Packaged Food market landscape in GCC and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One major trend in the market is an increase in advertisements of packaged food through media channels such as the internet, print media, and TV. Exposure to true information about products, packaged food companies, and the benefits of packaged food has influenced the young population toward consuming healthy packaged food.
According to the report, one of the major drivers in the Packaged Food market in GCC is an increase in population in the major GCC countries such as Saudi Arabia. Rise in disposable income and better living standards in most of the GCC countries significantly contribute to the growth of the F&B industry. In addition, the growing influence of western food habits among local residents increases the demand for packaged food products in GCC countries.
Further, the report states that a major challenge faced by vendors in the market is inflation in food prices, which often restricts people with lower incomes from buying packaged food. Rise in prices is attributed to the increase in imports and shortage of raw materials.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. GCC: An Overview
07. Market Landscape
08. Market Segmentation by Product
09. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Abdul-Kadir Al Muhaidib & Sons Group
- Al Ain Dairy Farm
- Al Rawabi Dairy
- Americana Group
- Arla Foods
- Forsan Foods and Consumer Products
- Gulf and Safa Dairies
- Halwani Bros
- IFFCO Group
- Kraft Foods
- Kraft Foods Group
- Mondelez International
- National Agricultural Development (NADEC)
- National Food Industries
- Saudi Dairy & Foodstuff (SADAFCO)
- Savola Group
For more information visit http://www.researchandmarkets.com/research/9b3335/packaged_food
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets