Middle East and North Africa Extruded Snack Food Market Overview
According to SPER Market Research, the Middle East and North Africa Extruded Snack Food Market is estimated to reach USD 0.003 billion by 2033 with a CAGR 4.28%.
Extruded snack food is a type of processed food that is made by pushing a mixture of grains, flours, and other ingredients through a machine called an extruder. The extruder uses pressure and heat to turn the mixture into a dough-like consistency, which is then pushed through a die to create a specific shape, such as a tube, ring, or puffed shape. The snacks are then baked or fried to give them a crispy texture and enhance their flavour. Some examples of extruded snack foods include cheese puffs, pretzels, and corn chips. These snacks are popular because they are easy to make, convenient to eat, and come in a variety of flavours and shapes. However, it is important to remember that they should be eaten in moderation as they are often high in calories, salt, and fat.
Exploring the Growth Drivers of the Middle East and North Africa Extruded Snack Food Industry
The Middle East and North Africa (MENA) region is experiencing rapid growth in the extruded snack food market, with several key factors driving this trend and it is expected to reach 0.003 billion by 2033 with a CAGR of 4.28%. One of the main growth drivers is the increasing population in the region, which has resulted in a growing demand for convenient and affordable snack foods. Additionally, the rising disposable incomes of consumers have allowed for more spending on snack foods, including extruded snacks. Another important factor contributing to the growth of the extruded snack food market in MENA is the expanding retail sector, which has increased the availability and accessibility of these products to consumers. The introduction of new flavours and packaging formats has also helped to attract more consumers to this market.
What challenges does the Middle East and North Africa Extruded Snack Food Market face?
While the Middle East and North Africa (MENA) extruded snack food market is experiencing significant growth, there are also several challenges that must be addressed. One of the major challenges is the increasing concern among consumers regarding the health impacts of consuming snack foods, which has led to a growing demand for healthier snack options. This has created a need for manufacturers to develop healthier snack products, which can be challenging given the high levels of salt, fat, and sugar typically found in extruded snacks. Another challenge is the increasing competition in the market, with a large number of both domestic and international manufacturers entering the market. This has led to a price war, with manufacturers offering lower prices to remain competitive, which can impact the profit margins of smaller players in the market.
In what ways has the COVID-19 pandemic affected Middle East and North Africa Extruded Snack Food Market?
The COVID-19 pandemic had a significant impact on the Middle East and North Africa (MENA) extruded snack food market. The pandemic has led to a decrease in consumer spending, as many people have lost their jobs or are experiencing financial difficulties. This has resulted in a decline in demand for extruded snacks in the region.
Furthermore, the pandemic has disrupted supply chains, making it difficult for manufacturers to access raw materials and distribute their products. This has led to an increase in the cost of production and logistics, which has further impacted the profit margins of manufacturers in the region.
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 Type, By Distribution Channel
|
| Regions covered | Saudi Arabia, United Arab Emirates, Egypt, Iran, Israel, Rest of Middle East and North Africa Extruded Snack Food Market
|
| Companies Covered | Hunter Foods LLC, Al-Rimal Group, Others
|
Key Target Audience:
- Young adults
- Teenagers and children
- Retailers
Middle East and North Africa Extruded Snack Food Market Segmentation:
1. By Type:
- Corn
- Mixed Grains
- Potato
- Rice
- Tapioca
- Others
2. By Distribution Channel:
- Convenience Stores
- Online Retail
- Specialty Food Stores
- Supermarkets/Hypermarkets
- Others
3. By Region:
- Egypt
- Iran
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & North Africa
Key Topics Covered in the Report:
- Middle East and North Africa Extruded Snack Food Market Size (FY’2023-FY’2033)
- Overview of Middle East and North Africa Extruded Snack Food Market
- Segmentation of Middle East and North Africa Extruded Snack Food Market By Type (Corn, Mixed Grains, Potato, Rice, Tapioca, Others)
- Segmentation of Middle East and North Africa Extruded Snack Food Market By Distribution Channel (Convenience Stores, Online Retail, Specialty Food Stores, Supermarkets/Hypermarkets, Others)
- Statistical Snap of Middle East and North Africa Extruded Snack Food Market
- Growth Analysis of Middle East and North Africa Extruded Snack Food Market
- Problems and Challenges in Middle East and North Africa Extruded Snack Food Market
- Competitive Landscape in the Middle East and North Africa Extruded Snack Food Market
- Impact of COVID-19 and Demonetization on Middle East and North Africa Extruded Snack Food Market
- Details on Recent Investment in Middle East and North Africa Extruded Snack Food Market
- Competitive Analysis of Middle East and North Africa Extruded Snack Food Market
- Key Players in the Middle East and North Africa Extruded Snack Food Market
- SWOT Analysis of Middle East and North Africa Extruded Snack Food Market
- Middle East and North Africa Extruded Snack Food Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Middle East and North Africa Extruded Snack Food Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Middle East and North Africa Extruded Snack Food Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East and North Africa Extruded Snack Food Market
7. Middle East and North Africa Extruded Snack Food Market, By Type, 2019-2033 (USD Million)
7.1 Corn
7.2 Mixed Grains
7.3 Potato
7.4 Rice
7.5 Tapioca
7.6 Others
8. Middle East and North Africa Extruded Snack Food Market, By Distribution Channel, 2019-2033 (USD Million)
8.1 Convenience Stores
8.2 Online Retail
8.3 Specialty Food Stores
8.4 Supermarkets/Hypermarkets
8.5 Others
9. Middle East and North Africa Extruded Snack Food Market, By Region, 2019-2033 (USD Million)
9.1 Middle East and North Africa Extruded Snack Food Market Size and Market Share by Region (2019-2026)
9.2 Middle East and North Africa Extruded Snack Food Market Size and Market Share by Region (2027-2033)
9.3 Egypt
9.4 Iran
9.5 Israel
9.6 Saudi Arabia
9.7 UAE
9.8 Rest of Middle East & North Africa
10. Company Profiles
10.1 Al-Rimal Group
10.1.1 Company details
10.1.2 Financial outlook
10.1.3 Product summary
10.1.4 Recent developments
10.2 Hunter Foods LLC
10.2.1 Company details
10.2.2 Financial outlook
10.2.3 Product summary
10.2.4 Recent developments
10.3 Others
10.3.1 Company details
10.3.2 Financial outlook
10.3.3 Product summary
10.3.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. 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.
