Middle East and North Africa Snack Pellets Market Size and Forecasts, Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Source, Type, and Form

Description

List of Tables

The Middle East and North Africa snack pellets market size was valued at US$ 317.90 million in 2022 and is projected to reach US$ 461.34 million by 2030; it is expected to register a CAGR of 4.8% from 2022 to 2030.

Snack pellets are non-expanded products made from raw materials such as potato, corn, rice, tapioca, multigrain, and others. These pellets are produced dried and semi processed for easy storage and shipment. The semi-processed products are sold to snack manufacturers, where they are further processed by various methods such as frying and hot air baking. The demand for snack pellets is driven by rising inclination toward convenience food products and increasing adoption of advanced technologies in snack pellet manufacturing. In addition, emerging trend of healthy snacking can create lucrative opportunities for snack pellet manufacturers to develop healthy snack pellets such as multigrain-based pellets and vegetable-based pellets.

The snack industry in MENA has recorded impressive growth in recent years. The market growth is attributed to the rising consumer preference for convenient and ready-to-eat snacks, driven by busy lifestyles and changing dietary habits. Additionally, the region's growing young population and increasing urbanization have fueled the demand for packaged snacks. The demand is seen in particular countries such as Saudi Arabia, the UAE, and Egypt, where consumers increasingly incorporate snack items into their daily routines.

As consumers continue to seek convenience without compromising taste and quality, demand for RTE snacks increases. Ready-to-eat snacks, known for their convenience and variety, have gained traction in MENA due to the changing lifestyles of consumers, rising urbanization, and an increasing demand for on-the-go food options. Regional snack manufacturers focus on producing innovative and unique snack varieties to cater to diverse consumer preferences. Snack pellets are a crucial ingredient in producing a wide range of RTE snacks. Thus, rising demand for RTE snacks drives the MENA snack pellets market growth.

Moreover, there is increasing demand for ready-to-eat products in the Middle East and North Africa region due to various factors such as, changing lifestyles, busy work schedules, rising disposable income, increasing tourism and hospitality, e-commerce growth, increasing young population etc. due to this the snack pellets demand is surging among the snack manufacturers

Bach Snacks SAL, Societe Cooperative Agricole Limagrain, Crunchy Food FZE, GHANEM ALMOUNAJED MD, Quality Pellets AS, and SOLINO Ltd Corp SaRL are the key players operating in the Middle East and North Africa snack pellets market. These market players are focusing on providing high-quality, innovative products to fulfill customers' demands and increase their Middle East and North Africa snack pellets market share.

The overall Middle East and North Africa snack pellets market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the Middle East and North Africa snack pellets market.

Reasons to Buy:

Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Middle East and North Africa snack pellets market, thereby allowing players to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Product Code: TIPRE00030037

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Snack Pellets Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 List of Potential Buyers

5. Middle East and North Africa Snack Pellets Market - Key Industry Dynamics

5.1 Market Drivers
- 5.1.1 Rising Popularity of RTE Snacks Among Population
- 5.1.1 Increasing Adoption of Advanced Technologies in Snack Pellet Manufacturing
5.2 Market Restraints
- 5.2.1 Growing Cost of Production
5.3 Market Opportunities
- 5.3.1 Government Initiatives for Food Processing Industries
5.4 Future Trends
- 5.4.1 Trend of Healthy Snacking
5.5 Impact of Drivers and Restraints:

6. Middle East and North Africa Snack Pellets Market - Regional Market Analysis

6.1 Middle East and North Africa Snack Pellets Market Revenue (US$ Million), 2020 - 2030
6.2 Middle East and North Africa Snack Pellets Market Forecast and Analysis

7. Middle East and North Africa Snack Pellets Market Analysis - Source

7.1 Potato
- 7.1.1 Overview
- 7.1.2 Potato Market Revenue and Forecast to 2030 (US$ Million)
7.2 Corn
- 7.2.1 Overview
- 7.2.2 Corn Market Revenue and Forecast to 2030 (US$ Million)
7.3 Rice
- 7.3.1 Overview
- 7.3.2 Rice Market Revenue and Forecast to 2030 (US$ Million)
7.4 Tapioca
- 7.4.1 Overview
- 7.4.2 Tapioca Market Revenue and Forecast to 2030 (US$ Million)
7.5 Multigrain
- 7.5.1 Overview
- 7.5.2 Multigrain Market Revenue and Forecast to 2030 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)

8. Middle East and North Africa Snack Pellets Market Analysis - Type

8.1 Plain
- 8.1.1 Overview
- 8.1.2 Plain Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Flavored
- 8.2.1 Overview
- 8.2.2 Flavored Market Revenue, and Forecast to 2030 (US$ Million)

9. Middle East and North Africa Snack Pellets Market Analysis - Form

9.1 Laminated
- 9.1.1 Overview
- 9.1.2 Laminated Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Die Face
- 9.2.1 Overview
- 9.2.2 Die Face Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Tri-Dimensional
- 9.3.1 Overview
- 9.3.2 Tri-Dimensional Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Others
- 9.4.1 Overview
- 9.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

10. Middle East and North Africa Snack Pellets Market - Country Analysis

10.1 Middle East and North Africa
- 10.1.1 Middle East and North Africa Snack Pellets Market Overview
- 10.1.2 Middle East and North Africa Snack Pellets Market Revenue and Forecast and Analysis - By Countries
  - 10.1.2.1 Snack Pellets Market Breakdown by Country
  - 10.1.2.2 Saudi Arabia Snack Pellets Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.1.2.2.1 Saudi Arabia Snack Pellets Market Breakdown by Source
    - 10.1.2.2.2 Saudi Arabia Snack Pellets Market Breakdown by Type
    - 10.1.2.2.3 Saudi Arabia Snack Pellets Market Breakdown by Form
  - 10.1.2.3 UAE Snack Pellets Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.1.2.3.1 UAE Snack Pellets Market Breakdown by Source
    - 10.1.2.3.2 UAE Snack Pellets Market Breakdown by Type
    - 10.1.2.3.3 UAE Snack Pellets Market Breakdown by Form
  - 10.1.2.4 Egypt Snack Pellets Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.1.2.4.1 Egypt Snack Pellets Market Breakdown by Source
    - 10.1.2.4.2 Egypt Snack Pellets Market Breakdown by Type
    - 10.1.2.4.3 Egypt Snack Pellets Market Breakdown by Form
  - 10.1.2.5 Morocco Snack Pellets Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.1.2.5.1 Morocco Snack Pellets Market Breakdown by Source
    - 10.1.2.5.2 Morocco Snack Pellets Market Breakdown by Type
    - 10.1.2.5.3 Morocco Snack Pellets Market Breakdown by Form
  - 10.1.2.6 Rest of Middle East and North Africa Snack Pellets Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.1.2.6.1 Rest of Middle East and North Africa Snack Pellets Market Breakdown by Source
    - 10.1.2.6.2 Rest of Middle East and North Africa Snack Pellets Market Breakdown by Type
    - 10.1.2.6.3 Rest of Middle East and North Africa Snack Pellets Market Breakdown by Form

11. Middle East and North Africa Snack Pellets Market - Impact of COVID-19 Pandemic

11.1 Pre & Post Covid-19 Impact

12. Competitive Landscape

12.1 Heat Map Analysis- By Key Players
12.2 Company Positioning & Concentration

13. Company Profiles

13.1 Bach Snacks SAL
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Societe Cooperative Agricole Limagrain
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Crunchy Food FZE
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 GHANEM ALMOUNAJED MD
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Quality Pellets AS
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 SOLINO Ltd Corp SaRL
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments

14. Appendix

14.1 About Us
14.2 Glossary of Terms