Middle East & Africa Bake Stable Pastry Fillings Market Size & Outlook
Middle East & Africa bake stable pastry fillings market, 2018-2028 (US$M)
Related Markets
MEA bake stable pastry fillings market highlights
- The MEA bake stable pastry fillings market generated a revenue of USD 77.8 million in 2020.
- The market is expected to grow at a CAGR of 5.2% from 2021 to 2028.
- In terms of segment, fruits was the largest revenue generating product in 2020.
- Nuts is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2021 to 2028.
MEA data book summary
| Market revenue in 2020 | USD 77.8 million |
| Market revenue in 2028 | USD 116.9 million |
| Growth rate | 5.2% (CAGR from 2020 to 2028) |
| Largest segment | Fruits |
| Fastest growing segment | Nuts |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chocolate, Fruits, Nuts |
| Key market players worldwide | Dr.Oetker, Avebe, Dawn Food Products, Herbstreith & Fox, Puratos, Andros Foods North America, Famesa, Malas Fruit |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.7% of the global bake stable pastry fillings market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 388.0 million by 2028.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Bake Stable Pastry Fillings Market Scope
Bake Stable Pastry Fillings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa bake stable pastry fillings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bake stable pastry fillings market will help companies and investors design strategic landscapes.
Fruits was the largest segment with a revenue share of 53.86% in 2020. Horizon Databook has segmented the Middle East & Africa bake stable pastry fillings market based on chocolate, fruits, nuts covering the revenue growth of each sub-segment from 2018 to 2028.
The consumption of baked products has been on the rise in countries such as UAE, Saudi Arabia and South Africa, particularly over the past couple of years. According to an article by Food Navigator in 2021, in UAE, the consumption of baked goods increased by 35% during the pandemic.
This growing consumption of baked items is projected to positively impact the market for bake stable pastry fillings in the Middle East & Africa region. The demand for bakery fillings is also being driven by the growing presence of local and international baking companies in the region.
For instance, Modern Bakery, one of the largest bakeries in UAE, produces and supplies more than a million chocolate-filled, fruit-filled, and nut-filled pastries daily to the UAE, GCC, and Africa regions.
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Target buyers of Middle East & Africa bake stable pastry fillings market databook
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa bake stable pastry fillings market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bake stable pastry fillings market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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MEA bake stable pastry fillings market size, by country, 2018-2028 (US$M)
Middle East & Africa Bake Stable Pastry Fillings Market Share, 2020 & 2028 (US$M)
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