PUBLISHER: IMARC | PRODUCT CODE: 1468238
PUBLISHER: IMARC | PRODUCT CODE: 1468238
The MENA extruded snack food market size reached US$ 2.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.
Extrusion cooking is one of the most popular processes to prepare snacks and ready-to-eat foods by using a variety of ingredients such as corn, tapioca, oats, potatoes, wheat, etc. After extrusion, these snacks are processed and converted into semi-cooked or pre-cooked food products. This helps in the elimination of toxins and micro-organisms produced naturally while making these snacks healthier as well as safer for consumption.
In the MENA region, rapid industrialization and urbanization have resulted in a significant shift towards western food cultures. This remains one of the primary forces catalyzing the growth of the market. In addition, the region represents one of the fastest growing populations across the globe. This coupled by low median age groups and rising disposable incomes have positively influenced the growth of this market.
IMARC Group provides an analysis of the key trends in each sub-segment of the Middle East and North Africa extruded snack food market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on type and distribution channel.
Potato
Corn
Rice
Tapioca
Mixed Grains
Others
Amongst these, potato represents the biggest segment.
Supermarkets and Hypermarkets
Convenience Stores
Specialty Food Stores
Online Retail
Others
Currently, supermarkets and hypermarkets dominate this market.
Saudi Arabia
UAE
Egypt
Iran
Israel
Others
Country-wise, Saudi Arabia represents the largest market, holding the majority of the MENA extruded snack food market share.
The competitive landscape of the industry has also been examined along with the profiles of the key players.
This report provides a deep insight into the MENA extruded snack food market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the MENA extruded snack food market in any manner.