Middle East & Africa Vegan Dessert Market Size & Outlook

The vegan dessert market in Middle East & Africa is expected to reach a projected revenue of US$ 146.3 million by 2027. A compound annual growth rate of 9.9% is expected of Middle East & Africa vegan dessert market from 2020 to 2027.
Revenue, 2019 (US$M)
$68.7
Forecast, 2027 (US$M)
$146.3
CAGR, 2020 - 2027
9.9%
Report Coverage
Middle East & Africa

MEA vegan dessert market highlights

  • The MEA vegan dessert market generated a revenue of USD 68.7 million in 2019.
  • The market is expected to grow at a CAGR of 9.9% from 2020 to 2027.
  • In terms of segment, cakes & pastries was the largest revenue generating product in 2019.
  • Frozen Desserts is the most lucrative product segment registering the fastest growth during the forecast period.


MEA data book summary

Market revenue in 2019USD 68.7 million
Market revenue in 2027USD 146.3 million
Growth rate9.9% (CAGR from 2019 to 2027)
Largest segmentCakes & pastries
Fastest growing segmentFrozen Desserts
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationBiscuits/Cookies, Cakes & Pastries, Custards & Puddings, Frozen Desserts
Key market players worldwideUnilever PLC, Danone SA, Otsuka Holdings Co Ltd, Grupo Bimbo SAB de CV ADR, HP Hood, Cado Ice Cream, Ben & Jerry's, OGGS(Alternative Foods)


Other key industry trends

  • In terms of revenue, MEA region accounted for 2.5% of the global vegan dessert market in 2019.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,452.4 million by 2027.

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Vegan Dessert Market Scope

Vegan dessert market segmentation & scope
Biscuits/Cookies
Cakes & Pastries
Custards & Puddings
Frozen Desserts
Others
Offline Retail Stores
HoReCa
Online

Vegan Dessert Market Companies

Name Profile # Employees HQ Website

Middle East & Africa vegan dessert 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 vegan dessert market will help companies and investors design strategic landscapes.


Cakes & pastries was the largest segment with a revenue share of 29.26% in 2019. Horizon Databook has segmented the Middle East & Africa vegan dessert market based on biscuits/cookies, cakes & pastries, custards & puddings, frozen desserts covering the revenue growth of each sub-segment from 2016 to 2027.


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Target buyers of Middle East & Africa vegan dessert market databook

  • Our clientele includes a mix of vegan dessert 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 vegan dessert market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa vegan dessert market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Middle East & Africa vegan dessert market

Middle East & Africa Vegan Dessert Market Outlook Share, 2019 & 2027 (US$M)

Middle East & Africa vegan dessert market

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