This report brings together multiple data sources to provide a comprehensive overview of the Middle East and Africa food industry, analyzing data from 23 countries in the region. It includes an analysis of the following :
Market Environment: Includes industry size, market size, and growth analysis by the top five sectors: meat, dairy & soy food, bakery & cereals, savory & deli foods, and oils & fats.
High-Potential Countries’ Analysis: Indicates changing share of value consumption of various food products by sector across high-potential countries in the Middle East and Africa region. It also provides risk-reward analysis of four countries across the Middle East and Africa region based on market assessment, economic development, sociodemographic factors, governance indicators, and technological infrastructure.
The global food industry was valued at $4.2 trillion in 2023 and is forecast to record a CAGR of 4.7% and reach $5.2 trillion in 2028. Asia-Pacific was the largest region in terms of value and volume in 2023. The Americas was the second-largest and is poised to register a value CAGR of 4.9% over 2023-28. Middle East and Africa will record a CAGR of 3.9%. The affluent population in the Middle East will play an important role in the industry’s growth. Asia-Pacific, meanwhile, will register the fastest value CAGR at 5.2%. Eastern Europe will register the fastest volume CAGR during 2023-28, at 2.7%.
Market Environment: Includes industry size, market size, and growth analysis by the top five sectors: meat, dairy & soy food, bakery & cereals, savory & deli foods, and oils & fats.
High-Potential Countries’ Analysis: Indicates changing share of value consumption of various food products by sector across high-potential countries in the Middle East and Africa region. It also provides risk-reward analysis of four countries across the Middle East and Africa region based on market assessment, economic development, sociodemographic factors, governance indicators, and technological infrastructure.
The global food industry was valued at $4.2 trillion in 2023 and is forecast to record a CAGR of 4.7% and reach $5.2 trillion in 2028. Asia-Pacific was the largest region in terms of value and volume in 2023. The Americas was the second-largest and is poised to register a value CAGR of 4.9% over 2023-28. Middle East and Africa will record a CAGR of 3.9%. The affluent population in the Middle East will play an important role in the industry’s growth. Asia-Pacific, meanwhile, will register the fastest value CAGR at 5.2%. Eastern Europe will register the fastest volume CAGR during 2023-28, at 2.7%.
Scope
- Provides an overview of the current food industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, distribution, and packaging. The analysis also covers the regional overview of the Middle Easta nd Africa region - highlighting industry size, growth drivers, latest developments, and future inhibitors for the region.
Reasons to Buy
- Manufacturing and retailers seek the latest information on how the market is evolving to formulate their sales and marketing strategies. There is also a demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities for growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances.
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion.
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.
Table of Contents
- Executive Summary
- Market Environment
- Market Size Analysis - Middle East and Africa Compared with Other Regions
- Value and Volume Growth Analysis by Region
- Middle East and Africa Market Growth Analysis by Country
- Middle East and Africa Market Growth Analysis by Sector
- High-Potential Countries’ Analysis
- Methodology - Identifying High-Potential Countries
- Top Four High-Potential Countries in the Middle East and Africa
- Overview of High-Potential Countries in the Middle East and Africa
- Growth Contribution Analysis by Country (1/3)
- Growth Contribution Analysis by Country (2/3)
- Growth Contribution Analysis by Country (3/3)
- Value Share Analysis of Food Sectors
- Change in Value Consumption Levels by Country and Sectors
- Per Capita Consumption Analysis
- Per Capita Expenditure Analysis
- Country Deep Dive
- Overview of UAE Food Industry
- UAE: Demographic Analysis
- UAE: Market Size Analysis of the Top Five Cities
- UAE: Market Size Analysis of the Top Five Cities by Sector
- Key Trends in the UAE Food Industry
- Overview of the Nigerian Food Industry
- Key Trends in the Nigerian Food Industry
- Overview of the Saudi Arabian Food Industry
- Saudi Arabia: Demographic Analysis
- Key Trends in the Saudi Arabian Food Industry
- Overview of the Algerian Food Industry
- Success Stories
- About Success Stories
- Case Study: Aleph Farms
- Competitive Environment
- Leading Companies’ Shares in the Middle East and African Food Industry
- Brand Share Analysis of Top Five Companies
- Leading Companies in the Middle East and African Food Industry
- Leading Brands in the Middle East and African Food Industry
- Private Label Penetration in the Middle East and African Food Industry
- Health & Wellness Analysis
- Value Share Analysis of Health & Wellness Market
- Health & Wellness Market Growth Analysis by Country
- Key Product Attributes and Consumer Benefits
- Leading Health & Wellness Companies by Sector
- Distribution Analysis
- Leading Distribution Channels by Country
- Leading Distribution Channels by Sector
- Packaging Analysis
- Growth Analysis - by Pack Material and Pack Type
- Growth Analysis - by Closure Type and Primary Outer Type
- Challenges and Outlook
- Key Challenges in the Middle East and Africa Food Industry
- Outlook of the Middle East and Africa Food Industry
- Select Industry Metrics
- Middle East and Africa Patent Filings
- Middle East and Africa Patent Filings
- Middle East and Africa Job Analytics by Company
- Middle East and Africa Job Analytics by Theme
- Global Deals
- Appendix
- Definitions
- About the Analyst
- Regional comparison: market size, growth, and per capita analysis, 2023-28
- Overview of high-potential countries in Middle East and Africa
- Sector value shares of food industry, by country, 2023
- Change in value consumption of sector within food industry (value terms), by country, 2023-28
- UAE: Volume analysis of top five cities (%), 2018-23
- UAE: Volume analysis of top five cities by sector (%), 2023
- Top five companies’ shares by brand (in value terms) in the food industry, 2023
- Private label penetration (in value terms) in the food industry, 2023
- Health & wellness value and its share in overall sales, 2018-23
- Shares of key product attributes and benefits in high-potential countries in Middle East and Africa, 2023
- Leading distribution channels in Middle East and Africa by country, 2023
- Leading distribution channels in Middle East and Africa by sector, 2023
- Annual value growth analysis by region, 2023-28
- Annual volume growth analysis by region, 2023-28
- Volume growth analysis of countries compared with regional average growth
- Country value size and CAGR analysis grid based on regional average
- Value and volume growth analysis by sector in Middle East and Africa, 2023-28
- Country-level contribution to growth of meat sector in Middle East and Africa, 2023-28
- Country-level contribution to growth of bakery & cereals sector in Middle East and Africa, 2023-28
- Country-level contribution to growth of dairy & soy food sector in Middle East and Africa, 2023-28
- Country-level contribution to growth of oils & fats sector in Middle East and Africa, 2023-28
- Country-level contribution to growth of savory & deli foods sector in Middle East and Africa, 2023-28
- Country-level contribution to growth of other sectors in Middle East and Africa, 2023-28
- Per capita consumption by sector in Middle East and Africa by country, 2023
- Per capita expenditure by sector in Middle East and Africa by country, 2023
- UAE: Sector share
- UAE: Demographic analysis
- UAE: Volume analysis of top five cities (%), 2018-23
- Saudi Arabia: Sector share
- Saudi Arabia: Demographic analysis
- Leading companies in the Middle East and Africa food industry by value sales (% share), 2023
- Leading companies in the Middle East and Africa food industry by value sales ($ million), 2023
- Leading brands (and private label) in the Middle East and Africa food industry by value sales ($ million), 2023
- Key pack material volume (units) share, 2023
- Unit volume growth by pack material, 2018-28
- Key pack type volume (units) share, 2023
- Unit volume growth by pack type, 2018-28
- Key closure type volume (units) share, 2023
- Unit volume growth by closure type, 2018-28
- Key primary outer type volume (units) share, 2023
- Unit volume growth by primary outer type, 2018-28
- Global food industry patent filings, 2023
- Food industry patent filings by leading companies, 2023
- Total food industry patent filings for key markets, 2023
- Total job postings in the food industry by company, 2023
- Active jobs in food industry by theme, 2023
- Deals in the food industry by geography, 2023
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Almarai
- Nestlé
- PepsiCo
- Enterprise Foods
- Solico Group
