Middle East & Africa Healthy Snacks Market Size & Outlook
Middle East & Africa healthy snacks market, 2018-2030 (US$M)
Related Markets
MEA healthy snacks market highlights
- The MEA healthy snacks market generated a revenue of USD 3,007.2 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, fruit, nuts & seeds was the largest revenue generating product in 2023.
- Fruit, Nuts & Seeds 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 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 3,007.2 million |
| Market revenue in 2030 | USD 4,632.4 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Fruit, nuts & seeds |
| Fastest growing segment | Fruit, Nuts & Seeds |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Frozen & Refrigerated, Fruit, Nuts & Seeds, Bakery, Savory, Bars & Confectionery, Dairy |
| Key market players worldwide | Nestle SA, WK Kellogg Co, Unilever PLC, Danone SA, Mondelez International Inc Class A, Hormel Foods Corp, Fresh Del Monte Produce Inc, Select Harvests Ltd, PepsiCo Inc, Monsoon Harvest |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.1% of the global healthy snacks market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 36,170.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Healthy Snacks Market Scope
Healthy Snacks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa healthy snacks 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 healthy snacks market will help companies and investors design strategic landscapes.
Fruit, nuts & seeds was the largest segment with a revenue share of 35.3% in 2023. Horizon Databook has segmented the Middle East & Africa healthy snacks market based on frozen & refrigerated, fruit, nuts & seeds, bakery, savory, bars & confectionery, dairy covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in popularity of healthy snacks has boosted the local food industry, with many small businesses and startups emerging to cater to this growing demand. This has not only created job opportunities but has also given a platform for local entrepreneurs to showcase their creativity and innovation in the food sector.
Furthermore, leading regional-based companies in the food industry are establishing exclusive distribution partnerships with international healthy snack brands to raise awareness of healthy food options among regional food producers.
In March 2021, Abu Dhabi-based Foodco secured an exclusive distribution agreement with Bio Food Lab, a Russian healthy snack company led by former model Elena Shifrina. This partnership reflects the adaptation of regional food producers to the increasing awareness of healthy food choices, particularly among younger consumers.
Reasons to subscribe to Middle East & Africa healthy snacks market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa healthy snacks market databook
-
Our clientele includes a mix of healthy snacks market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa healthy snacks market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa healthy snacks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA healthy snacks market size, by country, 2018-2030 (US$M)
Middle East & Africa Healthy Snacks Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
