GCC countries see 50% dairy market growth since 2007
Dairy product sales grew by more than 50% between 2007 and 2012 to US$5.8 billion in the six Gulf Co-operation Council countries, according to a new report from leading food and drink consultancy Zenith International (zenithinternational.com).
Saudi Arabia is the biggest dairy market among GCC states, accounting for 74% of volume. The largest product category is fresh white milk with a 41% volume share, followed by laban on 21%. In terms of value, cheese is the leading category with a 22% share, closely followed by fresh white milk. Laban is the fastest growing category, with 9% growth in 2012.