Middle East And Africa Frozen Food Market

Middle East and Africa Frozen Food Market Size (2024 To 2029)

The size of the Middle East and Africa frozen food market is expected to be worth USD 15.06 billion in 2024 and grow at a CAGR of 3.33% from 2024 to 2029 to achieve USD 17.74 billion by 2029.

The frozen food market is expanding with steady development in the retail industry around the area. The increase in the usage of ready-to-eat foods based on the hectic lifestyles is boosting this market.

Frozen food is a brilliant option in contrast to fresh and cooked foods. Convenience is the main consideration for driving the Frozen Food Market. Different drivers for the Frozen Food market are expanding discretionary cash flow and developing the number of working ladies. Based on topography, the MEA Frozen food market is sectioned into Egypt, Saudi Arabia, United Arab Emirates, Algeria, Israel, and Iraq.

The improvement of innovative items, for example, low fat, low cholesterol, whole wheat and artificial additives, is relied upon to invigorate the MEA frozen food market. The development of the frozen food industry in the Middle East and Africa is driven by the developing interest for advantageous and prepared-to-eat items because of the occupied way of life and changes in dietary patterns. Interest for prepared to-pack and simple-to-cook items will increase during the gauge time frame, reinforcing the frozen food market in the Middle East and Africa.

Interest for functional food is one of the fundamental drivers of the frozen food market in the territory. Since these foods spare customers cooking, arrangement and cleaning and time exertion. Frozen foods are presently at the forefront of general stores and hypermarkets. The frozen food market in the Middle East and Africa have been developing with the rising interest for frozen pizzas and versatile breakfast, which are situated as easy items and flourish in quality and newness. Food inclines in cafés and other food stores additionally lead the market extension. Infiltration into compartments and premium segments of frozen foods can be an incredible open door for the local frozen food market. Shoppers in the Middle East and Africa incline toward more solace and food out and about, the pattern is declining and they will, in general, eat all the more every now and again, supporting the objective business.

Frozen foods should set the ideal temperature around -18°C, so even a slight breakdown cold chain system can prompt tremendous waste. One of the fundamental difficulties looked by the MEA frozen food market is the dread that there is no sufficient supply chain system and that the refrigeration framework is conflicting. To guarantee an irrelevant loss of frozen foods, vitality reinforcement with full usefulness and steady cutoff points is required.

This research report on the Middle East and Africa frozen food market is segmented and sub-segmented into the following categories.

Middle East And Africa Frozen Food Market By Product Type

• Frozen Ready Meals
• Meat & Poultry
• Seafood
• Vegetables & Fruits
• Potatoes
• Soup

Based on type, the prepared-to-eat segment is supposed to be the leading element over the estimated period. Prepared to-eat frozen foods are those items that are completely cooked and can be eaten legitimately. Also, the convenience food and prepared dinners section are anticipated to represent the substantial portion in the frozen food business. This is credited with the rise in buyer interest in convenience foods, which is also estimated to expand more in the coming years.

Middle East and Africa Frozen Food Market By User

• Retail Users
• Food Service Industry

Among these, the foodservice section registered the most significant portion in the MEA frozen food market in 2018. The foodservice sector is expanding with a surge in cafés, quick-service restaurants, pubs, bars, and so on.

Middle East and Africa Frozen Food Market By Region

• KSA
• UAE
• Israel
• Rest Of GCC Countries

The Middle East and Africa is among the quickest developing business sectors for frozen foods. The area is encountering extraordinary development because of the accessibility of frozen food items with higher discretionary cash flow and solid distribution channels as interest for frozen food markets increases. South Africa frozen foods market is probably going to represent an imminent offer in the MEA business in the coming years.

KEY MARKET PLAYERS

Major Key Players in the MEA frozen food market are Aryzta AG, General Mills Inc., Kraft Foods Group Inc., Ajinomoto Co. Inc., Cargill Incorporated, Europastry S.A., JBS S.A., Kellogg’s Company, Nestle S.A., and Flower Foods

RECENT HAPPENINGS IN THE MARKET

• In November 2018, Nestlé propelled Wild space, an assortment of solid frozen foods in reusable and recyclable holders.
• In October 2018, Conagra propelled Pinnacle Foods Inc to be acquired. The securing helped Pinnacle Food grow its frozen, bite and sweet snack classes.