Market Size of Middle East and Africa Frozen Snacks Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.45 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Middle East and Africa Frozen Snacks Market Analysis
Middle East and Africa Frozen Snacks market is projected to grow at a CAGR of 7.45% during the forecast period.
- Backed by increasing number of time-poor consumers coupled with development of healthy snacking options in the market, the frozen snacks market is progressively paving its way in overall snack industry of the region. Companies such as Grand Mills Bakeries owned by Agthia, are offering frozen bakeries products including baguettes, with the firm claiming the use of most modern frozen bakery technology in the GCC.
- By distribution channel, supermarkets led the sales, owing to growing prevalence of private label brands aiding the sales of these formats. The brand Lulu owned by Lulu Hypermarket is one of the most dominant private label brands in the region with offerings ranging from frozen meat products to potato fries and wedges.