The latest report by IMARC Group, titled “Middle East and North Africa Extruded Snack Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the Middle East And North Africa extruded snack food market price. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The MENA extruded snack food market size reached US$ 2.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2027, exhibiting a growth rate (CAGR) of 4.38% during 2022-2027.
Extrusion refers to one of the popular methods of preparing snacks and ready-to-eat (RTE) food products using corn, oats, wheat, potatoes, and tapioca. It assists in removing toxins and micro-organisms, which are produced naturally while making these snacks, thereby making them healthier and safer for consumption. Consequently, there is a rise in the demand for extruded snack foods across the Middle East and North Africa (MENA) region.
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Market Trends:
Due to rapid urbanization and industrialization and inflating income levels, there has been a considerable increase in the adoption of western food cultures. This represents one of the key factors positively influencing the sales of extruded snacks in the MENA region. Apart from this, the region has one of the fastest-growing populations across the globe. This, coupled with low median age groups, is projected to strengthen the growth of the market in the coming years.
Report Features | Details |
---|---|
Base Year of the Analysis | 2021 |
Historical Period | 2016-2021 |
Forecast Period | 2022-2027 |
Units | US$ Billion |
Segment Coverage | Type, Distribution Channel, Country |
Countries Covered | Saudi Arabia, UAE, Egypt, Iran, Israel, Others |
Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/middle-east-north-africa-extruded-snack-food-market
Key Market Segmentation:
Breakup by Raw Materials:
Breakup by Distribution Channels:
Competitive Landscape with Key Players:
The competitive landscape of the market has also been analyzed along with the profiles of some of the leading key players operating in the market.
Key highlights of the Report:
TOC for the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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