Market Size of Middle East and Africa Food Sweetener Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.92 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Food Sweetener Market Analysis
Middle East and Africa Sweetener Market is projected to grow at a CAGR of 3.92% during the forecast period.
- The sweetener market in Middle East and Africa is still in its growing stagedue to the high costs involved in the processing of local food and poor infrastructure.
- Change in the trend with rising incomes, growing consumer awareness over food safety and dietary quality, an increase in the health conscious population and rising demand for higher quality products are driving the market.
- Local producers are concentrating on improving products in order to meet the changing market place. International players have also increased investments in the sector during the past ten years.