Middle East & Africa Superfood Powders Market Size & Outlook
Middle East & Africa superfood powders market, 2018-2030 (US$M)
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MEA superfood powders market highlights
- The MEA superfood powders market generated a revenue of USD 148.4 million in 2021.
- The market is expected to grow at a CAGR of 6.3% from 2022 to 2030.
- In terms of segment, conventional was the largest revenue generating product in 2021.
- Organic 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 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 148.4 million |
| Market revenue in 2030 | USD 257.5 million |
| Growth rate | 6.3% (CAGR from 2021 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional, Organic |
| Key market players worldwide | Sunfood.com, Glanbia PLC, Navitas Organics, Nestle SA, Nature's Brands, The Healing Co Inc, Terrasoul Superfoods, Suncore Foods, Country Farms, Naturya |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.4% of the global superfood powders market in 2021.
- 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 2,353.5 million by 2030.
Key Regions: U.S. , UK , Brazil , South Africa , Germany
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Superfood Powders Market Scope
Superfood Powders Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa superfood powders 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 superfood powders market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 56.54% in 2021. Horizon Databook has segmented the Middle East & Africa superfood powders market based on conventional, organic covering the revenue growth of each sub-segment from 2018 to 2030.
People in the UAE have been looking to buy products that are beneficial of their health and are open to consume superfoods that are high in antioxidants and nutrients, which is driving the market in the region.
In addition, in South Africa, superfood powder containing moringa is usually consumed as powder for treating diabetes, heart disease, anaemia, arthritis, liver disease, as well as respiratory, skin and digestive disorders. These factors are aiding to the growth of the market in the region.
In addition, Katarina Gjosheva Cheshlarov, founder of Midway Middle East, a major distributor of organic, gluten-free, non-GMO, and superfoods in the region, revealed that the superfood category has witnessed tremendous growth both globally and in the Middle East over the years, particularly after the onset of the COVID-19 pandemic, which is expected to continue in the coming years.
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Our clientele includes a mix of superfood powders market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa superfood powders market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa superfood powders market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA superfood powders market size, by country, 2018-2030 (US$M)
Middle East & Africa Superfood Powders Market Outlook Share, 2021 & 2030 (US$M)
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