Middle East And Africa Snack Products Market

Middle East And Africa Snack Products Market Size (2024 to 2029)

The Middle East and Africa Snack Products Market is expected to be worth USD 39.01 billion in 2024 and is estimated to be growing at a CAGR of 1.77%, reaching USD 47.69 billion by 2029

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.

This Research Report on the Middle East and Africa Snack Products Market is segmented and sub segmented into following categories.

Middle East and Africa Snack Products Market By Type

• Salted Snacks
• Bakery Snacks
• Confectionary,
• Specialty
• Frozen Snacks

Middle East and Africa Snack Products Market By 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 of 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 By Country

• 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.

KEY MARKET PLAYERS 

Key Players in the Middle East and Africa Snack Products Market are Kellogg’s Company, Nestle Inc, ConAgra Foods Inc, Calbee, Inc, Frito Lay’s, Cadbury Schweppes PLC, Ferrero Group, Hershey Foods, Meridian Foods, Wolfgang, PepsiCo, SK Food International, Bare Snacks, Lindt and Sprüngli and Mars.