Middle East and Africa Bakery Products Market Growth, Size, Trends, Revenue and Future Outlook
Middle East and Africa Bakery Products Market Size- By Product Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2023 | Report ID: FOOD23103 | Pages: 1 - 153 | Formats*: |
| Category : Food & Beverages | |||
Middle East and Africa Bakery Products Market Introduction and Overview
According to SPER Market Research, the Middle East and Africa Bakery Products Market is estimated to reach USD XX billion by 2033 with CAGR of 2.5%.
The report includes an in-depth analysis of the Middle East and Africa Bakery Products Market, including market size and trends, product mix, applications, and supplier analysis. For generations, bakery items have been an essential component of the culinary legacy of the Middle East and Africa (MEA) area. From classic flatbreads to delicious pastries, MEA's bakery industry has experienced tremendous expansion and change over time. A number of factors, including shifting consumer lifestyles, urbanization, cultural preferences, and an increase in the desire for quick-to-eat food options, are driving the market.
- November 2021: The Dubai-based Cloud Restaurants brand introduced its Losta! Lazy Cake pastry product in Saudi Arabia. The product includes a customisable option and is available for SAR 42 for a box of six. Flavors such as Lotus Fudge, Salted Caramel Peanut, Nutella Hazelnut Crunch, Pistachio Perfect, and others are offered for these goods.
- August 2022: Risen Cafe & Artisanal Bakery opened a new location in Dubai, extending its reach throughout the city. The bakery sells bakery goods, other snacking items, and a pastry boutique. Every product is made using ingredients that are acquired locally and is packaged using organic, biodegradable materials.
Market Opportunities and Challenges
Convenience, accessibility, and nutrition profile are driving the market. Furthermore, sales of bakery items have surged recently as a result of urbanization, an increase in the working population, an increase in consumption outside the home, and a rise in the desire for quick-fix and nutrient-dense foods. Consumers are looking for ready-to-eat bakery products that incorporate nuts and fruit pieces to maintain the products nutritional profile's balance, with convenience and nutrition being their top priorities. Additionally, because of their distinctive flavours and limited availability, artisanal baking and upscale bakeries have grown in significance in the area. Personalized pastries and other artisanal baking products are frequently preferred over traditional ones by market consumers.
However there are still some factors that restrict the growth of the Middle East and Africa bakery products market. Some of them are mentioned as follows:
- Price: Price is still a key consideration for consumers when making purchases, especially for those who are price-sensitive.
- Tight competition: There are many competitors vying for market share in the MEA bakery sector, which fuels price wars and narrow profit margins. Regulatory obstacles: Small-scale bakeries and recent market entrants may face difficulties adhering to food safety and labelling laws.
- Health concerns: Growing knowledge of the dangers of consuming too many baked goods, including diabetes and obesity, may have an effect on market expansion.
Market Competitive Landscape
The existence of significant regional and local companies in several nations has caused the Middle East and African market for bakery products to become fragmented. Businesses engage in partnerships, mergers, expansions, acquisitions, and product development as tactical means of increasing their brand awareness among consumers. Some of major players are Aryzta AG, Britannia Industries Limited, Finsbury Food Group Plc, George Weston Limited, Mondelez International, Inc., Yamazaki Baking Co., Nestlé SA and various others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Distribution Channel |
| Regions covered | South Africa, Saudi Arabia, Rest of Middle-East and Africa |
| Companies Covered | Aryzta AG, Britannia Industries Limited, Finsbury Food Group Plc, George Weston Limited, Mondelez International, Inc., Nestlé SA, Premier Foods Group Limited, Yamazaki Baking Co., Ltd. and various others |
COVID-19 Impact on Middle East and Africa Bakery Products Market
The market for MEA bread items was significantly impacted by the Covid-19 outbreak. The demand for packaged and shelf-stable bakery items remained high even after the initial lockdowns and restrictions caused supply chain disruptions and forced the temporary closure of bakery locations. As a result of consumers seeking solace in decadent pastries and baked goods, there has been a rise in both in-home baking and online bakery orders. Bakeries were able to lessen the effects of the pandemic and even thrive during this difficult period if they promptly adjusted to online sales and delivery services.
Key Target Audience:
- Consumers
- Retailers and Distributors
- Local Grocery Stores
- Food Service Industry
- Hotels and Hospitality Sector
- Food Manufacturers and Bakers
- Artisanal and Specialty Bakers
- Packaging Suppliers
- Government and Regulatory Bodies
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- Middle East and Africa Bakery Products Market Size (FY’2023-FY’2033)
- Overview of Middle East and Africa Bakery Products Market
- Segmentation of Middle East and Africa Bakery Products Market By Product Type (Biscuits, Bread & Rolls, Cakes &Pastries, Cookies)
- Segmentation of Middle East and Africa Bakery Products Market By Distribution Channel (Artisanal Bakeries, Convenience Stores, Online Retail, Supermarkets & Hypermarkets, Others)
- Statistical Snap of Middle East and Africa Bakery Products Market
- Expansion Analysis of Middle East and Africa Bakery Products Market
- Problems and Obstacles in Middle East and Africa Bakery Products Market
- Competitive Landscape in the Middle East and Africa Bakery Products Market
- Impact of COVID-19 and Demonetization on Middle East and Africa Bakery Products Market
- Details on Current Investment in Middle East and Africa Bakery Products Market
- Competitive Analysis of Middle East and Africa Bakery Products Market
- Prominent Players in the Middle East and Africa Bakery Products Market
- SWOT Analysis of Middle East and Africa Bakery Products Market
- Middle East and Africa Bakery Products Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Middle East and Africa Bakery Products Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Middle East and Africa Bakery Products Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East and Africa Bakery Products Market
7. Middle East and Africa Bakery Products Market, By Product Type (USD Million)
7.1. Middle East and Africa Bakery Products Market Value Share and Forecast, By Product Type, 2023-20337.2. Biscuits7.3. Bread & Rolls7.4. Cakes &Pastries7.5. Cookies7.6. Others
8. Middle East and Africa Bakery Products Market, By Distribution Channel (USD Million)
8.1. Middle East and Africa Bakery Products Market Value Share and Forecast, By Distribution Channel, 2023-20338.2. Artisanal Bakeries8.3. Convenience Stores8.4. Online Retail8.5. Supermarkets & Hypermarkets8.6. Others
9. Middle East and Africa Bakery Products Market Forecast, 2019-2033 (USD Million)
9.1. Middle East and Africa Bakery Products Market Size and Market Share
10. Middle East and Africa Bakery Products Market , By Product Type, 2019-2033 (USD Million)
10.1. Middle East and Africa Bakery Products Market Size and Market Share By Product Type (2019-2026)10.2. Middle East and Africa Bakery Products Market Size and Market Share By Product Type (2027-2033)
11. Middle East and Africa Bakery Products Market, By Distribution Channel, 2019-2033 (USD Million)
11.1. Middle East and Africa Bakery Products Market Size and Market Share By Distribution Channel (2019-2026)11.2. Middle East and Africa Bakery Products Market Size and Market Share By Distribution Channel (2027-2033)
12. Middle East and Africa Bakery Products Market, By Region, 2019-2033 (USD Million)
12.1. Middle East and Africa Bakery Products Market Size and Market Share By Region (2019-2026)12.2. Middle East and Africa Bakery Products Market Size and Market Share By Region (2027-2033)12.3. South Africa12.4. Saudi Arabia12.5. Rest of Middle-East and Africa
13. Company Profile
13.1. Aryzta AG
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Britannia Industries Limited13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Finsbury Food Group Plc13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary
13.3.4. Recent developments
13.4. George Weston Limited13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Mondelez International, Inc.13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Nestlé SA13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Premier Foods Group Limited13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Yamazaki Baking Co., Ltd.13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Middle East and Africa Bakery Products Market is projected to reach USD XX billion by 2033, growing at a CAGR of 2.5% during the forecast period.
Middle East and Africa Bakery Products Market grew in market size from 2023. The Market is expected to reach USD XX billion by 2033, at a CAGR of 2.5% during the forecast period.
Middle East and Africa Bakery Products Market CAGR of 2.5% during the forecast period.
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Middle East and Africa Bakery Products Market size is USD XX billion from 2023 to 2033.
Middle East and Africa Bakery Products Market Segment is Covered By Product Type, By Distribution Channel
The MEA region is anticipated to have the highest market share in Middle East and Africa Bakery Products Market.
The key players in the market include Companies Covered Aryzta AG, Britannia Industries Limited, Finsbury Food Group Plc, George Weston Limited, Mondelez International, Inc., Nestlé SA, Premier Foods Group Limited, Yamazaki Baking Co., Ltd. and various others
A number of factors, including shifting consumer lifestyles, urbanization, cultural preferences, and an increase in the desire for quick-to-eat food options, are driving the market.
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