GCC Food & Beverage Retail Market Outlook, 2021

GCC Food & Beverage Retail Market Outlook, 2021

This research service aims to outline the growth outlook and top predictions for 2021 for the GCC food & beverage retail market. The scope of the study comprises analysis of six key categories: cereals, bakery, dairy, meat, fruits & vegetables, and beverages across KSA, UAE, and RoGCC. The outlook offers a perspective into the disruptions that occurred in 2020, as a result of the COVID-19 outbreak, and how these disruptions changed the outlook for the industry and ushered a paradigm shift toward the new normal. It provides a lens on the changing shares and contributions toward retail and HORECA for any given category in 2020 vis-a-vis 2019, and how the resumption of a normal course of operations will unfold in 2021. It highlights the new market dynamics of omnichannel consumption, along with health and wellness, which will serve as a major foundation of the ethos and behavior of GCC consumers during grocery purchases. It also highlights the prevalence of eCommerce platforms and how organizations are investing in last-mile delivery logistics to offer an attractive value proposition to the client over the next 5 years.