Middle East And Africa Bakery Ingredients Market

MEA Bakery Ingredients Market Size (2024 to 2029)

The Middle East and Africa Bakery Ingredients Market is estimated at USD 0.73 billion in 2024 and is expected to rise at a CAGR of 3.33 % to reach USD 0.87 billion by 2029.

Baking ingredients like baking powder, sugar, baking soda, honey, flavor enhancers and color additives are used in bakery goods to enhance product quality, and to reduce time and longevity. For example, bread-making yeast is an essential ingredient that emits a gas, which should be stored inside the dough for excellent results.

The MEA market is mainly driven by the increased number of people who consume bakery products on a daily basis. The market is also driven by the urbanization and emerging economies of the region. The competition of ingredients among themselves, for example, the use of use enzymes, will limit the use of emulsifiers during the baking process, so this self-competition makes the market a bit unpredictable and therefore hampers the growth of the Middle East and African bakery Ingredients Market. The research of the Middle East and Africa Bakery Ingredients market takes place in two phases namely-

Secondary Research: The first phase of the research process is extensive secondary research and identification of the related intelligence. Secondary data is compiled from various sources. Extensive secondary research helps in generating hypotheses and identifying critical areas of interest that are investigated through primary research.

Primary Research entails conducting hundreds of primary interviews with industry participants and commentators in order to validate the data points obtained from secondary research and to fill the data gaps. A primary interview provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook, etc. It also helps in deciding the scope and deliverables of the study in terms of the requirements of the market. Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies.

This research report on MEA Bakery Ingredients Market is segmented and sub-segmented into the following categories.

MEA Bakery Ingredients Market By End Products

• Cookies & Biscuits
• Cakes & Pastries
• Bread
• Pies
• Rolls
• Other items

Out of these, the Cakes and Pastries segment holds the majority of the market share with over 20%. Many restaurants and coffee shops nowadays offer Cakes and Pastries as deserts for the sweet and pleasant ending experience. Bread is growing at a considerable CAGR of 7.2%, which can be attributed to interest in bread and other Western food products in middle-class families in Middle Eastern and African countries.

MEA Bakery Ingredients Market By Ingredient Type

• Enzymes
• Sweeteners
• Leavening Agent
• Emulsifiers
• Preservatives
• Food Colors
• Flavors
• Other Segments

Out of these, Food Colors and Flavors is both the largest and the fastest-growing segment registering a market share of over 25% in 2019. This part is expected to expand at a CAGR of 7.3% during the forecast period due to the demand for food products that appear and smell good.

MEA Bakery Ingredients Market By Region

• KSA
• UAE
• Israel
• Rest of the GCC Countries

Based on the Region, the Middle East, and the Africa Bakery Ingredients market is segmented into the nations of the Middle East and Africa. Out of these, the Middle East segment held the majority of the market share in 2019, with over 65%, which is due to the economic boom that increased disposable income and, therefore, helped with the rise in the number of people who are buying bakery products in the region.

KEY MARKET PLAYERS

Major Key players in the MEA Bakery Ingredients Market include Cargill Inc., Kerry Group, Associated British Foods, DSM, DuPont Dawn Foods Ltd, Taura Natural Ingredients Limited, Muntons PLC, Corbion N.V, and British Bakels Limited.

RECENT HAPPENINGS IN THE MARKET

Major Players in the MEA bakery ingredients market include Cargill, a market giant that, in January 2018, invested in the Middle East for the first time with a partnership with Aramco, a regional market player. This investment is formed to facilitate meeting the growing demands of the region’s food needs.