{"id":3867,"date":"2020-05-01T08:04:17","date_gmt":"2020-05-01T08:04:17","guid":{"rendered":"http:\/\/maadhouze.com\/?p=3867"},"modified":"2020-05-01T08:04:17","modified_gmt":"2020-05-01T08:04:17","slug":"ksa-and-uae-health-wellness-food-beverage-market-to-reach-14-56-billion-reveals-frost-sullivan","status":"publish","type":"post","link":"https:\/\/theblogonline.com\/?p=3867","title":{"rendered":"KSA And UAE Health & Wellness Food & Beverage Market To Reach $14.56 Billion, Reveals Frost & Sullivan"},"content":{"rendered":"

Frost & Sullivan\u2019s recent analysis, The KSA and the UAE\u2019s Health & Wellness Food & Beverage Industry Outlook, 2020<\/span>, highlights changing consumer habits and regulatory agencies in the Gulf Cooperation Council (GCC), emphasizing a healthy lifestyle. By the end of 2020, the health & wellness F&B market in this region is estimated to reach $14.56 billion<\/span> at a compound annual growth rate (CAGR) of 10.9%.<\/span> The United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA), combined, account for nearly 85% of the GCC health & wellness market<\/span>. Further, the GCC health beverages segment is growing at a comparatively faster rate<\/span> than the global health & wellness F&B market at 6.2%. The snacks <\/span>and<\/span>savories<\/span> segment is expected to exhibit the highest health and wellness CAGR at 7.2%, closely followed by the readymade and processed goods segments.<\/p>\n

For further information on this analysis, please visit: <\/span><\/span>http:\/\/frost.ly\/433<\/span><\/span><\/a><\/p>\n

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While global giants such as Nestle Middle East, <\/span>Doux<\/span>, Global Foods, <\/span>and Hunter Foods<\/span> have adopted a wait-and-watch approachto see the potential of the market, regional players, including in the food services sector, have clear-cut strategies mapped out to respond to the growing demands of the consumer base, which is more connected and health-conscious.<\/p>\n

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\u201cProactive efforts by the GCC governments<\/span> have formulated regulations to enhance awareness about healthier food that providesmedical benefits<\/span> because of the recent upsurge in incidences of lifestyle disorders in the region, such as cardiovascular, bone and joint disorders, and diabesity<\/span> (the combination of diabetes and obesity),\u201d said Satvik<\/span> Jaitly<\/span>, Chemicals, Materials and Nutrition Consultant at Frost & Sullivan<\/span>. \u201cWe expect the next five years to be critical, with the H&W F&B market becoming more mainstream thanks to rising consumer awareness influenced by social media<\/span> and connected consumers.\u201d<\/p>\n

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To take advantage of this market, vendors<\/span> and new entrants<\/span>should:<\/span><\/p>\n

\u2022 <\/span>Capitalize on the calorie-conscious<\/span> and organic trends<\/span> to reformulate the current product matrix to prepare for consumers\u2019move away from processed foods and snacks.<\/div>\n
\u2022 <\/span>Focus on the reduction of salt and fat through use of R&D<\/span>–based<\/span> solutions in categories such as snacks, cereals, and confectionaries.<\/div>\n
\u2022 <\/span>Establish distinctive products and marketing strategies<\/span> focused on the growing sub-segment of H&W F&B.<\/div>\n
\u2022 <\/span>Introduce the idea of baked goods<\/span> as a healthier alternative to fried products for foods that fall into the \u201csnacks\u201d category.<\/div>\n
\u2022 <\/span>Understand consumer behavior<\/span> and trigger points through a deep dive into current consumer preferences.<\/div>\n

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The KSA and the UAE\u2019s Health & Wellness Food & Beverage Industry Outlook, 2020<\/span> is the latest addition to Frost & Sullivan\u2019s Chemicals, Materials and Nutrition<\/span> research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.<\/p>\n","protected":false},"excerpt":{"rendered":"

Frost & Sullivan\u2019s recent analysis, The KSA and the UAE\u2019s Health & Wellness Food & Beverage Industry Outlook, 2020, highlights changing consumer habits and regulatory agencies in the Gulf Cooperation Council (GCC), emphasizing a healthy lifestyle. By the end of 2020, the health & wellness F&B market in this region is estimated to reach $14.56 […]<\/p>\n","protected":false},"author":1,"featured_media":3868,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2456],"tags":[2577,2576,2575],"class_list":["post-3867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-beverage-market","tag-ksa-and-uae-health-wellness-food","tag-reveals-frost-sullivan"],"_links":{"self":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3867"}],"collection":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3867"}],"version-history":[{"count":1,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3867\/revisions"}],"predecessor-version":[{"id":3869,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3867\/revisions\/3869"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/media\/3868"}],"wp:attachment":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}