Market Size of Middle East & Africa Fruit & Vegetable Ingredients Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.81 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Fruit and Vegetable Ingredients Market Analysis
The Middle East & African fruit and vegetable ingredient market is expected to register a CAGR of 3.81% during the forecast period.
- Africa is one of the leading cultivators of several fruits and vegetables, such as tomatoes, banana, and garlic, among others, which led to the emergence of food processing companies that are setting up their plants for fruit and vegetable extracts. These extracts have wide applications in the food and beverage industries across the world.
- Most of the fruit and vegetable ingredients produced in Africa are exported to countries in North America and Asia-Pacific, owing to the heavy demand from the growing processed food industries in these regions.