Middle East And Africa Snack Products Market

MEA Snack Products Market Size and Growth:

Middle East and Africa Snack Products Market was worth USD 36 billion in 2022 and is estimated to be growing at a CAGR of 4.1%, reaching USD 43.8 billion by 2027

Middle East and Africa Snack Products Market Overview

Snacks are prepared in a variety of forms including packaged snack products and other processed products as well as items made from fresh ingredients made at home. Traditionally, snacks are made from the ingredients available at home. With the spread of convenience stores, packaged snack foods became a significant business. Snack foods are typically designed to be portable, quick, and satisfying. Factors attributable for the growth of the market are evolving lifestyles and changing dietary habits, increasing demand for convenient and portable food products, and increasing urbanization spurring the market growth. However, factors like string regulations and increased risk of obesity due to snack consumption are hindering the growth of the market.

Middle East and Africa Snack Products Market Segmentation

The Middle East and Africa market for Snack Products is segmented

based on

• Type

• Distribution Channel

Based on Type

• Salted Snacks

• Bakery Snacks

• Confectionary,

• Speciality

• Frozen Snacks

Based on Distribution Channel –

• Specialist Retailers

• Internet Sales

• Super Markets

• Convenience Stores

Based on Type Bakery snacks are holding the major share in the market due to their easy accessibility and ease of preparation as well as lower prices while salted snacks are expected to grow the fastest.

Based on Distribution Channels Supermarkets hold the major share in the market due to easy accessibility while internet sales are expected to grow the fastest due to the increasing popularity for online purchases and bulk orders.

Middle East and Africa Snack Products Market Regional Analysis

• UAE

• Israel

• KSA

• South Africa

• Egypt

Based on Geographical analysis the market is separated into regions of the Middle East and Africa. The Middle East is leading the market regionally due to the presence of market leaders and a huge demographic base of snack-consuming individuals as well as the developed food industry. The Middle East is also the fastest growing region owing to rising disposable income, modernizing lifestyle, and rapid adoption rate.

Middle East and Africa Snack Products Market Key Players

1. Kellogg’s Company

2. Nestle Inc.

3. ConAgra Foods Inc.

4. Calbee, Inc.

5. Frito Lay’s

6. Cadbury Schweppes PLC.

7. Ferrero Group

8. Hershey Foods

9. Meridian Foods

10. Wolfgang

11. PepsiCo

12. SK Food International

13. Bare Snacks

14. Lindt and Sprüngli and Mars