The GCC Vegan Food Market: Anticipated Growth at a 12.89% CAGR from 2023 to 2028
According to a report published by IMARC Group, a leading market research company, titled "GCC Vegan Food Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," the GCC vegan food market is expected to experience a compound annual growth rate (CAGR) of 12.89% during the period from 2023 to 2028.
Saudi Officials Foster Plant-Based Alternatives and the Food Tech Industry through Local Partnerships
Representatives from the Saudi Ministry of Environment, Water, and Agriculture, as well as the Cooperative Societies Council, the Saudi Greenhouses Management and Agricultural Marketing Co., and health foods company Ayla Food Options Co., jointly committed to promoting healthy plant-based diets and developing meat and dairy substitutes, with a focus on supporting local production, during a signing ceremony in Jeddah.