Market Share of GCC Bakery Ingredients Industry
GCC bakery ingredients market is fragmented and Almarai Co. Ltd., Kerry Group, Cargill Inc., Archer Daniels are the key players in the market.Almarai Co. Ltd. is the largest domestic dairy ingredients supplier of the bakery industries, while Areej Vegetable Oils is the leading supplier of bakery fats and oils. Other dairy ingredients leading suppliers are Saudi Dairy & Foodstuff Company and National Agriculture Development Company (NADEC) in the region. ADM and Cargill have a significant market share in starches, emulsifiers, and sweeteners. Kerry Group and Givaudan are the major suppliers of flavors and extracts for the bakery industries.
GCC Bakery Ingredients Market Leaders
-
Cargill Inc.
-
Archer Daniels Midland
-
Kerry Group
-
Gulfflavours.net
-
Almarai
*Disclaimer: Major Players sorted in no particular order