Market Size of Middle East and Africa Lipids Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.14 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Lipids Market Analysis
The Middle East and Africa Lipid Market is projected to grow at a CAGR of 4.14% during the forecast period (2020 - 2025).
- The consumer's changing lifestyle in the Middle Eastern countries, in terms of feedings habits which is due to the rising health awareness about the consumption of lipids in a diet., is primarily driving the demand for edible oils in this region.
- Increasing disposable incomes and changing lifestyles in emerging countries are driving demand for processed foods.
- Growing food safety concerns in the African food markets are pressurizing manufacturing to adopt clean labels with the incorporation of health-based ingredients, including PUFA and MUFA.
