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Middle East and North Africa Extruded Snack Food Market: By Type: Potato, Corn, Rice, Tapioca, Mixed Grains, Others; By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialty Food Stores; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Middle East and North Africa Extruded Snack Food Market Outlook
The Middle East and North Africa extruded snack food market reached a value of about USD 2.15 million in 2020. The market is further expected to grow at a CAGR of more than 4% in the forecast period of 2023-2028 to reach a value of nearly USD 2.73 million by 2026.
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The rapid industrialisation, as well as urbanisation in the Middle East and North Africa region, have led to an important transition to western food culture. It is also one of the key reasons for the market growth. The region has also one of the world's fastest-growing populations. This factor, along with the rising middle class and the growing disposable incomes, is diving the growth of the extruded snack food market in the region.
The Middle East and North Africa market is also widely being favoured by the rising global extruded snack foods market, which is being driven by a number of factors. Manufacturers frequently change and expand their goods in order to meet the increasing market requirements. They deliver snacks with various shapes, textures, seasonings, flavours, as well as ingredients, that broadens their portfolio, which is positively influencing the market growth. The growing demand for extruded snacks from health-conscious customers has inspired manufacturers to create more nutritious items, including granola and protein bars, with a high diet and low-fat content.
Properties and Applications
Extrusion cooking refers to the processed range of ingredients, including maize, tapioca, peas, potatoes, wheat, and others, to make snacks and ready-to-eat items. Such snacks are processed then converted into semi-cooked or pre-cooked food items following extrusion. It contributes to the removal of toxins and natural micro-organisms while improving the health of those snacks, making them safe for consumption.
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On the basis of type, the market can be divided into:
- Potato
- Corn
- Rice
- Tapioca
- Mixed Grains
- Others
Based on distribution channel, the market can be divided as follows:
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Food Stores
- Online Retail
- Others
The regional markets for extruded snack food include Saudi Arabia, the United Arab Emirates, Egypt, Iran, and Israel, among others.
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Market Analysis
Due to long hours of work and the use of modern lifestyles, complex lunch meals have become office snacks. This change has resulted in the increased demand for ready-to-eat food items such as extruded snack foods that can be consumed without any further preparations. The manufacturers also now sell snacks in different package sizes, like single-serve bags, mini-packs as well as family packs. It also increases portability as these packets are tearable, and the snacks packed in them are quick to eat. Consumers in the Middle East and North Africa region seem to have become more mindful of their health and wellbeing by introducing a wide range of healthy extruded snacks, including gluten-free, genetically modified organic, vegan variants, and snacks with low sugar and fat, which is further catalysing the market growth.
Competitive Landscape
The report gives a detailed analysis of the following key players in the extruded snack food market in the Middle East and North Africa, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Hunter Foods LLC
- Al-Rimal Group
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Distribution Channel, Country |
| Breakup by Type | Potato, Corn, Rice, Tapioca, Mixed Grains, Others |
| Breakup by Distribution Channel | Supermarkets/Hypermarkets, Convenience Stores, Specialty Food Stores, Online Retail, Others |
| Breakup by Country | Saudi Arabia, United Arab Emirates, Egypt, Iran, Israel, Others |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Hunter Foods LLC, Al-Rimal Group, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Middle East and North Africa Snack Food Market Snapshot
7 Opportunities and Challenges in the Market
8 Middle East and North Africa Snack Food Market Overview
8.1 Key Industry Highlights
8.2 Middle East and North Africa Extruded Snack Food Historical Market (2018-2022)
8.3 Middle East and North Africa Extruded Snack Food Market Forecast (2023-2028)
8.4 Middle East and North Africa Extruded Snack Food Market by Type
8.5 Middle East and North Africa Extruded Snack Food Market by Distribution Channel
8.6 Middle East and North Africa Extruded Snack Food Market by Country
9 Middle East and North Africa Extruded Snack Food Market Analysis
9.1 Key Industry Highlights
9.2 Middle East and North Africa Extruded Snack Food Historical Market (2018-2022)
9.3 Middle East and North Africa Extruded Snack Food Market Forecast (2023-2028)
9.4 Middle East and North Africa Extruded Snack Food Market by Type
9.4.1 Potato
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Corn
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Rice
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2022)
9.4.3.3 Forecast Trend (2023-2028)
9.4.4 Tapioca
9.4.4.1 Market Share
9.4.4.2 Historical Trend (2018-2022)
9.4.4.3 Forecast Trend (2023-2028)
9.4.5 Mixed Grains
9.4.5.1 Market Share
9.4.5.2 Historical Trend (2018-2022)
9.4.5.3 Forecast Trend (2023-2028)
9.4.6 Others
9.5 Middle East and North Africa Extruded Snack Food Market by Distribution Channel
9.5.1 Supermarkets/Hypermarkets
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Convenience Stores
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.5.3 Specialty Food Stores
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2018-2022)
9.5.3.3 Forecast Trend (2023-2028)
9.5.4 Online Retail
9.5.4.1 Market Share
9.5.4.2 Historical Trend (2018-2022)
9.5.4.3 Forecast Trend (2023-2028)
9.5.5 Others
9.6 Middle East and North Africa Extruded Snack Food Market by Country
9.6.1 Market Share
9.6.1.1 Saudi Arabia
9.6.1.2 United Arab Emirates
9.6.1.3 Egypt
9.6.1.4 Iran
9.6.1.5 Israel
9.6.1.6 Others
10 Regional Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.1.3 Breakup by Type
10.1.4 Breakup by Distribution Channel
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.2.3 Breakup by Type
10.2.4 Breakup by Distribution Channel
10.3 Egypt
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.3.3 Breakup by Type
10.3.4 Breakup by Distribution Channel
10.4 Iran
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.4.3 Breakup by Type
10.4.4 Breakup by Distribution Channel
10.5 Israel
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.5.3 Breakup by Type
10.5.4 Breakup by Distribution Channel
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Price Analysis
14 Manufacturing Process
14.1 Detailed Process Flow
14.2 Operations Involved
15 Project Details, Requirements and Costs Involved
15.1 Land Requirements and Expenditures
15.2 Construction Requirements and Expenditures
15.3 Plant Layout
15.4 Plant Machinery
15.5 Machinery Pictures
15.6 Raw Material Requirements and Expenditures
15.7 Raw Material and Final Product Pictures
15.8 Packaging Requirements and Expenditures
15.9 Transportation Requirements and Expenditures
15.10 Utility Requirements and Expenditures
15.11 Manpower Requirements and Expenditures
15.12 Other Capital Investments
16 Loans and Financial Assistance
17 Project Economics
17.1 Capital Cost of the Project
17.2 Techno-Economic Parameters
17.3 Product Pricing and Margins across Various Levels of the Supply Chain
17.4 Taxation and Depreciation
17.5 Income Projections
17.6 Expenditure Projections
17.7 Financial Analysis
17.8 Profit Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Key Players’ Market Share
18.3 Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
18.3.1 Hunter Foods LLC
18.3.1.1 Company Overview
18.3.1.2 Product Portfolio
18.3.1.3 Demographic Reach and Achievements
18.3.1.4 Certifications
18.3.2 Al-Rimal Group
18.3.2.1 Company Overview
18.3.2.2 Product Portfolio
18.3.2.3 Demographic Reach and Achievements
18.3.2.4 Certifications
18.3.3 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Middle East and North Africa Snack Food Market: Key Industry Highlights, 2018 and 2028
2. Middle East and North Africa Snack Food Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Middle East and North Africa Snack Food Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Middle East and North Africa Snack Food Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
5. Middle East and North Africa Snack Food Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
6. Middle East and North Africa Snack Food Historical Market: Breakup by Country (USD Billion), 2018-2022
7. Middle East and North Africa Snack Food Market Forecast: Breakup by Country (USD Billion), 2023-2028
8. Middle East and North Africa Extruded Snack Food Market: Key Industry Highlights, 2018 and 2028
9. Middle East and North Africa Extruded Snack Food Historical Market: Breakup by Type (USD Billion), 2018-2022
10. Middle East and North Africa Extruded Snack Food Market Forecast: Breakup by Type (USD Billion), 2023-2028
11. Middle East and North Africa Extruded Snack Food Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
12. Middle East and North Africa Extruded Snack Food Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
13. Middle East and North Africa Extruded Snack Food Historical Market: Breakup by Country (USD Billion), 2018-2022
14. Middle East and North Africa Extruded Snack Food Market Forecast: Breakup by Country (USD Billion), 2023-2028
15. Middle East and North Africa Extruded Snack Food Market Structure
Key Questions Answered in the Report
In 2020, the Middle East and North Africa extruded snack food market attained a value of nearly USD 2.15 million.
The market is projected to grow at a CAGR of 4% between 2021 and 2026.
The market is estimated to grow in the forecast period of 2023-2028 to reach about USD 2.73 million by 2026.
The major drivers of the industry, such as the growing demand for extruded snack foods with rapid industrialisation and urbanisation, growing influence of western food culture, availability of such products in different shapes, seasonings, flavours, and package sizes, rising disposable incomes, and the presence of a large population are expected to aid the market growth in the region.
The key market trend guiding the growth of the extruded snack food market include the increasing awareness among consumers regarding health and growing demand for gluten-free, organic, and vegan variants of extruded snack foods with low sugar and fat.
The major regional markets in the industry include Saudi Arabia, United Arab Emirates, Egypt, Iran, and Israel.
Potato, corn, rice, tapioca, and mixed grains are the major extruded snack food types in the industry.
The supermarkets/hypermarkets, convenience stores, specialty food stores, and online retail are the major distribution channels in the industry.
The major players in the industry are Hunter Foods LLC and Al-Rimal Group, among others.
Analyst Review
The Middle East and North Africa extruded snack food market attained a value of USD 2.15 million in 2020, driven by the rising population, growing western influence, and inflating disposable incomes. Aided by the launch of healthy and gluten-free and organic variants, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4%. The market is projected to reach USD 2726.8 million by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the industry can be segmented into potato, corn, rice, tapioca, and mixed grains, among others. On the basis of distribution channels, the industry is divided into supermarkets/hypermarkets, convenience stores, specialty food stores, and online retail, among others. The major regional markets for extruded snack food in the Middle East and North Africa are Saudi Arabia, United Arab Emirates, Egypt, Iran, and Israel, among others. The key players in the above market include Hunter Foods LLC, and Al-Rimal Group, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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