Middle East and North Africa Extruded Snack Food Market Price, Size (US$ 3.1 Billion), Share, Report 2022-2027

PRESS RELEASE
Published February 7, 2023

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 Coverage:

Report FeaturesDetails
Base Year of the Analysis2021
Historical Period2016-2021
Forecast Period2022-2027
UnitsUS$ Billion
Segment CoverageType, Distribution Channel, Country
Countries CoveredSaudi 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:

  • Potato
  • Corn
  • Rice
  • Tapioca
  • Mixed Grains

Breakup by Distribution Channels:

  • Supermarkets And Hypermarkets
  • Convenience Stores
  • Specialty Food Stores
  • Online Retail

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:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

TOC for the Report:

  • Preface
  • Scope and Methodology
  • Executive Summary
  • Introduction
  • SWOT Analysis
  • Value Chain Analysis
  • Price Analysis
  • Competitive Landscape

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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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