Middle East & Africa Spreads Market Size & Outlook
MEA spreads market highlights
- The MEA spreads market generated a revenue of USD 2,459.2 million in 2024.
- The market is expected to grow at a CAGR of 3.4% from 2025 to 2030.
- In terms of segment, butter/cheese was the largest revenue generating product in 2024.
- Butter/Cheese is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 2,459.2 million |
| Market revenue in 2030 | USD 3,012.3 million |
| Growth rate | 3.4% (CAGR from 2024 to 2030) |
| Largest segment | Butter/cheese |
| Fastest growing segment | Butter/Cheese |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Butter/Cheese |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.5% of the global spreads market in 2024.
- 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 28,871.6 million by 2030.
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Spreads Market Scope
Spreads Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ventura Foods | View profile | 1001-5000 | Brea, California, United States, North America | http://www.venturafoods.com/ |
| Andros Foods North America | View profile | 501-1000 | Rye, New York, United States, North America | https://androsna.com |
| Hero | View profile | 51-100 | New York, New York, United States, North America | https://herohealth.com |
| B&G Foods | View profile | 501-1000 | Parsippany, New Jersey, United States, North America | http://bgfoods.com |
| Ferrero | View profile | 10001+ | Luxembourg, Luxembourg, Luxembourg, Europe | https://www.ferrero.com |
| Capilano Honey | View profile | 1-10 | Richlands, New South Wales, Australia, Oceania | http://capilanocanada.com |
| The Hershey Company | View profile | 10001+ | Hershey, Pennsylvania, United States, North America | http://thehersheycompany.com |
| Hormel Foods Corp | View profile | 20000 | 1 Hormel Place, Austin, MN, United States, 55912-3680 | https://www.hormelfoods.com |
| The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
Middle East & Africa spreads 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 spreads market will help companies and investors design strategic landscapes.
Butter/cheese was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Middle East & Africa spreads market based on butter/cheese covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of spreads market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 spreads market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa spreads market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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