GCC Buttermilk Market - Forecast(2021 - 2026)

Report Code: FBR 0469 Report Format: PDF + Excel (Delivery in 48 Hrs)

GCC Buttermilk Market Overview 

GCC Buttermilk Market size is estimated to reach $91.6m by 2025, growing at a CAGR of 1.89% during the forecast period 2020-2025. Buttermilk is a fermented dairy drink and is often served cold after adding black salt, cumin powder and coriander leaves. Traditionally, it was the left behind after churning butter out of cultured cream. Increase in the health consciousness among individuals, changing customer preferences, increase in the innovations of flavors, growing demand for dairy products and increase in the awareness about the health benefits of buttermilk that are set to drive the growth of the global market for the forecast period 2020-2025.

GCC Buttermilk Market Report Coverage

The report: “GCC Buttermilk Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the GCC Buttermilk Market.
By Form: Liquid and Powder.
By Packaging : Bottle, Tetra Pak, Pouch, Others.
By Application: Confectionery, Bakery Products, Frozen Desserts, Beverages, Others.
By Distribution Channel: Supermarkets, Retail Stores, Specialist Stores, Others.
By Country: United Arab Emirates, Saudi Arabia, Qatar, Oman, Bahrain, and Kuwait.

Key Takeaways

  • By Country, Saudi Arabia GCC Buttermilk Market accounted for the highest revenue share in 2019 and it is poised to dominate during the forecast period 2020-2025 owing to the high demand.
  • The increase in the demand for beverages and increase in the health consciousness among customers is likely to aid in the market growth of GCC Buttermilk Market.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the GCC Buttermilk Market report.
  • The increase in the investment by the major companies and increase in the awareness about the health benefits of buttermilk are creating higher opportunities for the growth of market for the forecast period 2020-2025.

GCC Buttermilk Market Segment Analysis - By Form

Based on the Form, the Liquid segment held the largest share in 2019 owing to its applications such as it has less fat content than the regular buttermilk and has potential health benefits related to its rich vitamin and mineral composition. It also ensures optimal efficiency and comfortable digestion and helps in improving the immunity.

GCC Buttermilk Market Segment Analysis - By Application

Based on the Application, Confectionery segment held the largest share in 2019. This is owing to the factors such as increase in the demand for convenience foods, growing inclination towards taste and sedentary lifestyle. Beverages segment is estimated to be the fastest growing segment owing to the factors such as increase in the investment by the major companies, increase in the disposable income of individuals and increase in the choice of availability of flavors.

GCC Buttermilk Market Segment Analysis - By Country 

Based on the Country, Saudi Arabia held the largest share in 2019. The growth in this segment is owing to the factors such as increase in the investment by the major companies, increase in the demand for dairy products and increase in the awareness about the health benefits of buttermilk. United Arab Emirates is estimated to be the fastest growing segment owing to the factors such as increase in the health consciousness among individuals, increase in the disposable income of individuals, increase in the innovations of flavors and increase in the demand for clean label products.

GCC Buttermilk Market Drivers

Increase in the health consciousness among individuals and increase in the demand for clean label products

The increase in the health consciousness among individuals owing to increase in the number of chronic diseases is estimated to enhance the growth of GCC Buttermilk Market. Increase in the demand for clean label products is also estimated to enhance the growth of GCC Buttermilk Market.

Increase in the demand for beverages and dairy products and increase in the innovations of flavors

There is an increase in the demand for beverages and dairy products owing to the growing demand for convenience foods. This led to rapid increase in the growth of GCC Buttermilk Market. Increase in the disposable income of individuals and increase in the innovations of flavors is also estimated to enhance the growth of the GCC Buttermilk Market.

GCC Buttermilk Market Challenges

Increase in the demand for homemade foods and growing negative impressions on the packaged food products

Increase in the demand for homemade foods owing to increase in the number of chronic diseases is one of the major factors that is estimated to reduce the growth of the GCC Buttermilk Market. Growing negative impressions on the packaged food products is also estimated to reduce the growth of GCC Buttermilk Market.

GCC Buttermilk Industry outlook:

Product launches, mergers and acquisitions, joint ventures, and expansions are key strategies adopted by players in the GCC Buttermilk Market. Key companies of this market are Amul, Arla Foods, Al Ain Dairy, Almuttal LLC, Chr Hansen, Almarai Company among others.

Acquisitions/Product Launches:

  • In 2020, Al Ain Dairy is investing Dh40 million as part of its development plan which includes a new dairy farm and new headquarters and administration building.

1. GCC Buttermilk Market - Overview
    1.1 Definitions and Scope
2. GCC Buttermilk Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends
    2.2 Key trends by Form
    2.3 Key trends by Packaging
    2.4 Key trends by Application
    2.5 Key trends by Distribution Channel
    2.6 Key trends by Country
3. GCC Buttermilk Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies 
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. GCC Buttermilk Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. GCC Buttermilk Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. GCC Buttermilk - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. GCC Buttermilk Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. GCC Buttermilk Market – By Form (Market Size – $Million/$Billion)
    8.1 Liquid
    8.2 Powder
9. GCC Buttermilk Market – By Packaging (Market Size – $Million/$Billion)
    9.1 Bottle
    9.2 Tetra Pak
    9.3 Pouch
    9.4 Others
10. GCC Buttermilk Market – By Application (Market Size – $Million/$Billion)
    10.1 Confectionery
    10.2 Bakery Products
    10.3 Frozen Desserts
    10.4 Beverages
    10.5 Others
11. GCC Buttermilk Market – By Distribution Channel (Market Size – $Million/$Billion)
    11.1 Supermarkets
    11.2 Retail Stores
    11.3 Specialist Stores
    11.4 Others
12. GCC Buttermilk Market - By Country (Market Size –$Million/$Billion)
    12.1 United Arab Emirates
    12.2 Saudi Arabia
    12.3 Qatar
    12.4 Oman
    12.5 Bahrain
    12.6 Kuwait
13. GCC Buttermilk Market - Entropy
14. GCC Buttermilk Market – Industry/Segment Competition Landscape Premium 
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key companies
        14.1.3 Market Share by Countries – Key Companies
        14.1.4 Best Practices for Companies
15. GCC Buttermilk Market – Key Company List by Country Premium Premium
16. GCC Buttermilk Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
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