Middle East & Africa Snack Pellets Market Forecast to 2030
Middle East & Africa Snack Pellets Market Forecast to 2030 – Regional Analysis – by Source (Potato, Corn, Rice, Tapioca, Multigrain, and Others), Type (Plain and Flavored), and Form (Laminated, Die Face, Tri Dimensional, and Others)
$2,840 – $4,440
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Rising Popularity of RTE Snacks Among Population Fuels the Middle East & Africa Snack Pellets Market
The surge in the consumption of high-quality convenience food owing to changing lifestyles is one of the biggest trends in the food industry. A hectic lifestyle and extended working hours drive the demand for ready-to-eat food as consumers want to save cooking time and effort. Moreover, the rising number of dual-income households in developed and developing countries also contributes to the rising demand for packaged food. Ready-to-eat (RTE) snacks are also witnessing massive demand, especially among working professionals, due to the rising snacking trend in corporations. Small coffee and snack break to relieve work stress drive the demand for RTE snacks. Light snacks such as popcorn, chips, and puffs are popular among the younger population and children.
The rising demand for RTE snacks is driving the Middle East & Africa snack pellets market. Snack manufacturers are focusing on offering snacks with innovative shapes and textures to attract a large number of consumers. For instance, in June 2022, GEA Group developed a new snack format called “Cinderella’s Slippers,” a snack pellet shaped like a slipper. The new format is developed to meet the challenge of dipping the snacks in the sauce without getting the fingers coated. The Cinderella Slippers snack pellet is available in three versions: Classic, Perforated, and Ribbed. Thus, the rising popularity of RTE snacks among consumers and growing innovations drive the Middle East & Africa snack pellets market.
Middle East & Africa Snack Pellets Market Overview
The Middle East & Africa snack pellets market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The region has witnessed a shift in consumers’ food preferences due to the rising adoption of healthy and convenient food products. Moreover, the frozen meals, snacks & appetizers industry is growing as packaged snacks have become increasingly popular following the COVID-19 pandemic. Further, the consumers opt for frozen entrées as they consider them hygienic and easy to prepare and consume.
Frozen packaged food such as frozen entrée is gaining significant traction in South Africa owing to changing consumption habits and improving consumers’ lifestyles. The frozen entrée manufacturers in the country are constantly taking strategic initiatives such as acquisitions, mergers, and introducing new products to maintain a competitive edge. For instance, in July 2021, South Africa-based RFG acquired Pioneer Foods’ frozen foods business. Pioneer Foods owns the Today, Mama’s, Big Jack, and Man’s Meal brands. With this acquisition, RFG plans to diversify its offerings into retail channels. Further, the country’s rapid urbanization and rising middle-class population have significantly surged the demand for convenience food. Thus, the increasing demand for frozen snacks, meals, and breakfast options in South Africa is projected to favor the snack pellets market expansion in the coming years.
Middle East & Africa Snack Pellets Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Snack Pellets Market Segmentation
The Middle East & Africa snack pellets market is segmented based on source, type, and form, and country.
Based on source, the Middle East & Africa snack pellets market is segmented into potato, corn, rice, tapioca, multigrain, and others. The potato segment held the largest share in 2022.
By type, the Middle East & Africa snack pellets market is bifurcated into plain and flavored. The plain segment held a larger share in 2022.
By form, the Middle East & Africa snack pellets market is segmented into laminated, die face, tri dimensional, and others. The laminated segment held the largest share in 2022.
Based on country, the Middle East & Africa snack pellets market is categorized into South Africa, Saudi Arabia, UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa snack pellets market in 2022.
Bach Snacks SAL, Mafin SRL, Crunchy Food FZE, and Societe Cooperative Agricole Limagrain are some of the leading companies operating in the Middle East & Africa snack pellets market.
Summary Info
| Industry: | |
|---|---|
| Pricing options: | |
| Geographical coverage: | |
| Year of Publication: |
According to the Research Team’ research, the Middle East & Africa snack pellets market was valued at US$ 397.58 million in 2022 and is expected to reach US$ 577.80 million by 2030, registering a CAGR of 4.8% from 2022 to 2030. Rising trend of healthy snacking and rising demand for clean, sustainable, and ethical products are among the critical factors attributed to the Middle East & Africa snack pellets market expansion.
Consumers increasingly seek snack options that align with their health and wellness goals, prompting manufacturers to provide innovative, nutritious, and better snack choices to cater to health-conscious consumers. One noteworthy aspect of this trend is the introduction of gluten-free products in the Middle East & Africa snack pellets market. As gluten sensitivity and awareness of gluten-related health issues grow, there is a rising demand for snacks that cater to individuals with dietary restrictions. Manufacturers have responded by developing gluten-free variants of snack pellets, often using alternative flour and grains such as rice or corn. This expansion into gluten-free options addresses specific dietary needs and broadens the markets appeal to a wider range of consumers looking for allergen-friendly and healthier snack choices.
The rising focus on healthy snacking prompts ingredient selection and formulation innovation in the Middle East & Africa snack pellets market. Manufacturers are incorporating natural and functional ingredients such as superfoods, seeds, and nutrient additives to enhance the nutritional value of their products. By using ingredients known for their health benefits, snack pellets are positioned to meet the demands of wellness-conscious consumers. Thus, rising demand for healthy snacks is expected to provide strong growth potential to the snack pellets manufacturers over the forecast period.
On the contrary, growing production cost hampers the growth Middle East & Africa snack pellets market.
Based on source, the Middle East & Africa snack pellets market snack pellets market is segmented into potato, corn, rice, tapioca, multigrain, and others. The potato segment held 35.4% share of the Middle East & Africa snack pellets market in 2022, amassing US$ 140.74 million. It is projected to garner US$ 199.36 million by 2030 to expand at 4.4% CAGR during 2022-2030.
By type, the Middle East & Africa snack pellets market snack pellets market is bifurcated into plain and flavored. The plain segment held 86.0% share of the Middle East & Africa snack pellets market in 2022, amassing US$ 341.82 million. It is projected to garner US$ 492.03 million by 2030 to expand at 4.7% CAGR during 2022-2030.
By form, the Middle East & Africa snack pellets market snack pellets market is segmented into laminated, die face, tri dimensional, and others. The laminated segment held 37.7% share of Middle East & Africa snack pellets market in 2022, amassing US$ 150.06 million. It is projected to garner US$ 214.18 million by 2030 to expand at 4.5% CAGR during 2022-2030.
Based on country, the Middle East & Africa snack pellets market is categorized into South Africa, Saudi Arabia, UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa held 53.0% share of Middle East & Africa snack pellets market in 2022, amassing US$ 210.84 million. It is projected to garner US$ 299.48 million by 2030 to expand at 4.5% CAGR during 2022-2030.
Key players operating in the Middle East & Africa snack pellets market are Bach Snacks SAL, Mafin SRL, Crunchy Food FZE, and Societe Cooperative Agricole Limagrain, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa snack pellets market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Snack Pellets Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.1 Threat of Substitutes
4.3 Ecosystem Analysis
5. Middle East & Africa Snack Pellets Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Popularity of RTE Snacks Among Population
5.1.1 Increasing Adoption of Advanced Technologies in Snack Pellet Manufacturing
5.2 Market Restraints
5.2.1 Growing Production Cost
5.3 Market Opportunities
5.3.1 Rising Demand for Clean-Label, Sustainable, and Ethical Products
5.4 Future Trends
5.4.1 Rising Trend of Healthy Snacking
5.5 Impact of Drivers and Restraints:
6. Snack Pellets Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Snack Pellets Market Revenue (US$ Million), 2020 – 2030
6.2 Middle East & Africa Snack Pellets Market Forecast and Analysis
7. Middle East & Africa Snack Pellets Market Analysis – Source
7.1 Potato
7.1.1 Overview
7.1.2 Potato Market Revenue and Forecast to 2030 (US$ Million)
7.2 Corn
7.2.1 Overview
7.2.2 Corn Market Revenue and Forecast to 2030 (US$ Million)
7.3 Rice
7.3.1 Overview
7.3.2 Rice Market Revenue and Forecast to 2030 (US$ Million)
7.4 Tapioca
7.4.1 Overview
7.4.2 Tapioca Market Revenue and Forecast to 2030 (US$ Million)
7.5 Multigrain
7.5.1 Overview
7.5.2 Multigrain Market Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Snack Pellets Market Analysis – Type
8.1 Plain
8.1.1 Overview
8.1.2 Plain Market Revenue and Forecast to 2030 (US$ Million)
8.2 Flavored
8.2.1 Overview
8.2.2 Flavored Market Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Snack Pellets Market Analysis – Form
9.1 Laminated
9.1.1 Overview
9.1.2 Laminated Market Revenue and Forecast to 2030 (US$ Million)
9.2 Die Face
9.2.1 Overview
9.2.2 Die Face Market Revenue and Forecast to 2030 (US$ Million)
9.3 Tri Dimensional
9.3.1 Overview
9.3.2 Tri Dimensional Market Revenue and Forecast to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Other Market Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Snack Pellets Market -Country Analysis
10.1.1 Middle East & Africa Snack Pellets Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 Snack Pellets Market Breakdown by Country
10.1.1.2 South Africa Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.2.1 South Africa Snack Pellets Market Breakdown by Source
10.1.1.2.2 South Africa Snack Pellets Market Breakdown by Type
10.1.1.2.3 South Africa Snack Pellets Market Breakdown by Form
10.1.1.3 Saudi Arabia Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.3.1 Saudi Arabia Snack Pellets Market Breakdown by Source
10.1.1.3.2 Saudi Arabia Snack Pellets Market Breakdown by Type
10.1.1.3.3 Saudi Arabia Snack Pellets Market Breakdown by Form
10.1.1.4 UAE Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.4.1 UAE Snack Pellets Market Breakdown by Source
10.1.1.4.2 UAE Snack Pellets Market Breakdown by Type
10.1.1.4.3 UAE Snack Pellets Market Breakdown by Form
10.1.1.5 Rest of Middle East & Africa Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.5.1 Rest of Middle East & Africa Snack Pellets Market Breakdown by Source
10.1.1.5.2 Rest of Middle East & Africa Snack Pellets Market Breakdown by Type
10.1.1.5.3 Rest of Middle East & Africa Snack Pellets Market Breakdown by Form
11. Company Profiles
11.1 Bach Snacks SAL
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Mafin SRL
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Societe Cooperative Agricole Limagrain
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Crunchy Food FZE
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. Appendix
LIST OF TABLES
Table 1. Middle East & Africa Snack Pellets Market Segmentation 9
Table 2. Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 4. Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 5. Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 6. South Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 7. South Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 8. South Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 9. Saudi Arabia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 10. Saudi Arabia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 11. Saudi Arabia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 12. UAE Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 13. UAE Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 14. UAE Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 15. Rest of Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 16. Rest of Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 17. Rest of Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
LIST OF FIGURES
Figure 1. Middle East & Africa Snack Pellets Market Segmentation, By Country 9
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Middle East & Africa snack pellets market
Figure 4. Middle East & Africa Snack Pellets Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Middle East & Africa Snack Pellets Market Revenue (US$ Million), 2020 – 2030
Figure 7. Middle East & Africa Snack Pellets Market Share (%) – Source, 2022 and 2030
Figure 8. Potato Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Corn Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Rice Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Tapioca Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Multigrain Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Middle East & Africa Snack Pellets Market Share (%) – Type, 2022 and 2030
Figure 15. Plain Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Flavored Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Middle East & Africa Snack Pellets Market Share (%) – Form, 2022 and 2030
Figure 18. Laminated Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Die Face Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Tri Dimensional Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Other Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Middle East & Africa Snack Pellets Breakdown, by Key Countries, 2022 (US$)
Figure 23. Middle East and Africa Snack Pellets Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. South Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Saudi Arabia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. UAE Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. Rest of Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
The List of Companies – Middle East & Africa Snack Pellets Market
1. Bach Snacks SAL
2. Mafin SRL
3. Societe Cooperative Agricole Limagrain
4. Crunchy Food FZE
You must be logged in to post a review.
Reviews
There are no reviews yet.