FINANCIAL NEWS

Dairy product sales boost 50 percent in GCC countries

05 Dec 2013

(MENAFN) Food and drink consultancy Zenith International reported that dairy products market flourished after the 50 percent growth in the Gulf region in 2012 since 2007, according to Saudi Gazette.

Laban (or labneh) ranked first in growth after the 9 percent rise last year,

Sales of dairy products boosted 50 percent in five years to 2012, reaching USD5.8 billion in the GCC countries.

Saudi ranked first in dairy products sales among the GCC countries, registering 74 percent of the volume.

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