GCC Fruits and Vegetables Market Growth and Size, Rising Trends, Revenue, Key Players, Demand, Business Challenges, Future Opportunities and Forecast till 2033: SPER Market Research
A healthy diet must include fruits and vegetables because they provide a range of nutrients that promote general health. Fruits that are typically sweet or sour, such as apples, oranges, and berries, are frequently eaten raw. Rich in vitamins, minerals, fiber, and antioxidants, they improve digestion, strengthen immunity, and lower the risk of chronic illnesses. On the other hand, whether raw or cooked, vegetables are typically more savory. They can be root vegetables like potatoes and carrots, cruciferous veggies like broccoli, or leafy greens like spinach.
According to SPER market research, ‘GCC Fruits and Vegetables Market Size- By Product Type, By Distribution Channel, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the GCC Fruits and Vegetables Market is predicted to reach USD 24.69 Billion by 2033 with a CAGR of 5.09%.
Drivers:
Online grocery shopping and delivery services are becoming more and more popular, which is driving up product sales. Because meal kits offer a variety of fruit and vegetable combinations depending on the customer’s needs, health-conscious consumers are increasingly selecting meal kit delivery over grocery delivery. These meal kits are primarily purchased by Millennials and Generation X singles.
Additionally, the need for imported staple products has increased along with the populations of Bahrain, Kuwait, Oman, Qatar, and Saudi Arabia. This dependence is caused by a number of factors, including salty soil, dwindling groundwater levels, and arid conditions.
Challenges:
The fruit and vegetable market in the Gulf Cooperation Council (GCC) is confronted with a number of issues that affect supply and output. One of the main problems is the region’s hard climate, which makes it difficult to grow a large range of fresh vegetables locally due to the intense heat and dearth of arable land. A country’s dependence on imports to satisfy demand makes it more susceptible to trade restrictions, price swings, and interruptions in the global supply chain. Because the region’s agriculture industry depends so significantly on water, which is a limited resource, local output potential is constrained. Another issue is the high cost of labor and contemporary farming equipment, which raises the cost of produce farmed locally in comparison to imports.
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The Gulf Cooperation Council’s (GCC) fruit and vegetable sector was significantly impacted by the COVID-19 pandemic, which disrupted supply chains, labor availability, and consumer demand. Global transportation constraints caused import delays in the region, particularly from major suppliers including Egypt, India, and Southeast Asia. Local output was also impacted by the brief closure of farms during lockdowns and labor shortages. Additionally, consumer behavior shifted as demand fluctuated due to the temporary closure of the foodservice industry (restaurants and hotels) and an increase in retail grocery sales. Although the market was more receptive to packed and shelf-stable produce, problems with availability and price stability persisted.
Additionally, some of the market key players are; Canadian Solar Inc., First Solar Inc., Masdar Abu Dhabi Future Energy Company, Dubai Electricity and Water Authority, ACWA Power, JinkoSolar Holding Co. Ltd, Trina Solar Co. Ltd.
GCC Fruits and Vegetables Market Segmentation:
By Product Type: Based on the Product Type, GCC Fruits and Vegetables Market is segmented as; Fruits, Vegetables.
By Distribution Channel: Based on the Distribution Channel, GCC Fruits and Vegetables Market is segmented as; Fruits, Vegetables.
By End User: Based on the End User, GCC Fruits and Vegetables Market is segmented as; Household Consumption, Food Processing Industry, HoReCa, Others.
By Region: This research also includes data for United Arab Emirates, Saudi Arabia, Rest of GCC.
For More Information, refer to below link: –
GCC Fruits and Vegetables Market Outlook
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