MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET 2019-2027

Consumer Goods & Services | Food & Beverages

MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET 2019-2027

Market By Food Type, Ingredients, Distribution Channel And Geography | Forecast 2019-2027

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According to a Triton Market Research report, the fermented food and ingredients market in the Middle East and Africa is anticipated to flourish at a CAGR of 5.05% in terms of revenue over the estimated period 2019-2027.

The countries scrutinized in the Middle East and Africa market are:

•           Turkey

•           Saudi Arabia

•           United Arab Emirates

•           South Africa

•           Rest of Middle East & Africa

Most of the countries in the Middle East and Africa are financially poor and thus, the growth of fermented food and ingredients market seems unlikely. However, the food shortage issue in the region can be solved with the help of fermented foods as they last longer than most of the normal food products.

There is an increase in health awareness among people in the Middle East and thereby an increase in the demand for healthy food options as well. These factors can drive the market growth in the region.

The young generation of the United Arab Emirates is more health-conscious and are constantly opting for healthier product options. This trend of choosing healthy food has paved the way for the increase in demand for fermented food products such as yogurt. As the youth is being aware of the benefits of yogurt and other fermented products, there is a steady increase in regional market growth.

Found in 1928, General Mills, Inc. is a company that is involved in the development and marketing of fermented food products like 'Yoplait Yogurt, Mountain High Yogurt, Annie's Yogurt, and Liberté.' With a strong focus on the research and development activities, the company manages to lead in the innovation competition among other players, operating globally. Headquartered in Minneapolis, Minnesota, the US, the company operates in Asia, the Middle East, Africa, Europe, North America, and Latin America.

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Table of Content

1.    MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   CONFECTIONERY & BAKERY PRODUCTS IS THE LEADING CATEGORY IN THE FERMENTED FOOD TYPE SEGMENT

2.2.2.   AMINO ACIDS IS THE LEADING CATEGORY IN THE INGREDIENTS SEGMENT

2.2.3.   RETAIL STORES ARE THE DOMINANT DISTRIBUTORS IN THE MARKET

2.3. PORTER’S FIVE FORCE ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS

2.3.5.   INTENSITY OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. MARKET DRIVERS

2.6.1.   RISING AWARENESS ABOUT HEALTHY LIVING

2.6.2.   RISING DEMAND FOR FOOD PRESERVATION

2.6.3.   CHANGING DIETARY HABITS OF THE  PEOPLE

2.7. MARKET RESTRAINTS

2.7.1.   OPERATIONAL HINDERANCES

2.7.2.   ADVERSE EFFECT OF FERMENTED FOOD ON HEALTH

2.8. MARKET OPPORTUNITIES

2.8.1.   SCOPE OF MERGERS AND ACQUISITIONS

2.8.2.   DEVELOPMENT OF REGION-SPECIFIC PRODUCTS

2.9. MARKET CHALLENGES

2.9.1.   GREATER PREFERENCE FOR FRESH PRODUCTS THAN FERMENTED PRODUCTS

3.    FERMENTED FOOD AND INGREDIENTS MARKET OUTLOOK - BY FOOD TYPE

3.1. CONFECTIONERY & BAKERY PRODUCTS

3.2. DAIRY PRODUCTS

3.3. VEGETABLES

3.4. OTHER FERMENTED FOOD TYPES

4.    FERMENTED FOOD AND INGREDIENTS MARKET OUTLOOK - BY INGREDIENTS

4.1. AMINO ACIDS

4.2. ORGANIC ACIDS

4.3. VITAMINS

4.4. INDUSTRIAL ENZYMES

4.5. OTHER INGREDIENTS

5.    FERMENTED FOOD AND INGREDIENTS MARKET OUTLOOK - BY DISTRIBUTION CHANNEL

5.1. RETAIL STORES

5.2. ONLINE STORES

5.3. OTHER DISTRIBUTION CHANNELS

6.    FERMENTED FOOD AND INGREDIENTS MARKET – MIDDLE EAST AND AFRICA

6.1. THE UNITED ARAB EMIRATES

6.2. TURKEY

6.3. SAUDI ARABIA

6.4. SOUTH AFRICA

6.5. REST OF MIDDLE EAST & AFRICA

7.    COMPETITIVE LANDSCAPE

7.1. ARCHER DANIELS MIDLAND COMPANY

7.2. CARGILL

7.3. CSK FOOD ENRICHMENT (AQUIRED BY DSM)

7.4. DANONE

7.5. DUPONT

7.6. EVONIK

7.7. FLOWERS FOODS

7.8. GENERAL MILLS

7.9. KEVITA (ACQUIRED BY PEPSICO)

7.10. ROYAL DSM

7.11. MONDELEZ INTERNATIONAL INC.

7.12. MÜLLER GROUP

7.13. NESTLÉ

7.14. NOVOZYMES

7.15. TETRA PAK

7.16. YAKULT HONSHA

8.    RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.1.1.   OBJECTIVES OF STUDY

8.1.2.   SCOPE OF STUDY

8.2. SOURCES OF DATA

8.2.1.   PRIMARY DATA SOURCES

8.2.2.   SECONDARY DATA SOURCES

8.3. RESEARCH METHODOLOGY

8.3.1.   EVALUATION OF PROPOSED MARKET

8.3.2.   IDENTIFICATION OF DATA SOURCES

8.3.3.   ASSESSMENT OF MARKET DETERMINANTS

8.3.4.   DATA COLLECTION

8.3.5.   DATA VALIDATION & ANALYSIS

List of table

TABLE 1: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ BILLION)        

TABLE 2: VENDOR SCORECARD        

TABLE 3: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY FOOD TYPE, 2019-2027 (IN $ BILLION)           

TABLE 4: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY INGREDIENTS, 2019-2027 (IN $ BILLION)       

TABLE 5: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $ BILLION)                      

TABLE 6: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)   

 

List of Figures

FIGURE 1: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY FOOD TYPE, 2018 & 2027 (IN %)           

FIGURE 2: MIDDLE EAST AND AFRICA CONFECTIONERY & BAKERY PRODUCTS MARKET, 2019-2027 (IN $ BILLION) 

FIGURE 3: MIDDLE EAST AND AFRICA AMINO ACIDS MARKET, 2019-2027 (IN $ BILLION)

FIGURE 4: MIDDLE EAST AND AFRICA RETAIL STORES MARKET, 2019-2027 (IN $ BILLION)           

FIGURE 5: PORTER’S FIVE FORCE ANALYSIS        

FIGURE 6: MARKET ATTRACTIVENESS INDEX       

FIGURE 7: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY CONFECTIONERY & BAKERY PRODUCTS, 2019-2027 (IN $ BILLION)   

FIGURE 8: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY DAIRY PRODUCTS, 2019-2027 (IN $ BILLION)           

FIGURE 9: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY FERMENTED VEGETABLES, 2019-2027 (IN $ BILLION)      

FIGURE 10: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY OTHER FERMENTED FOOD TYPES, 2019-2027 (IN $ BILLION)   

FIGURE 11: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY AMINO ACIDS, 2019-2027 (IN $ BILLION)        

FIGURE 12: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY ORGANIC ACIDS, 2019-2027 (IN $ BILLION)  

FIGURE 13: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY VITAMINS, 2019-2027 (IN $ BILLION)   

FIGURE 14: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY INDUSTRIAL ENZYMES, 2019-2027 (IN $ BILLION)  

FIGURE 15: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY OTHER FERMENTED FOOD INGREDIENTS, 2019-2027 (IN $ BILLION) 

FIGURE 16: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY RETAIL STORES, 2019-2027 (IN $ BILLION)   

FIGURE 17: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY ONLINE STORES, 2019-2027 (IN $ BILLION)  

FIGURE 18: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, BY OTHER DISTRIBUTION CHANNELS, 2019-2027 (IN $ BILLION)    

FIGURE 19: MIDDLE EAST AND AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)    

FIGURE 20: THE UNITED ARAB EMIRATES FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION) 

FIGURE 21: TURKEY FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)       

FIGURE 22: SAUDI ARABIA FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)       

FIGURE 23: SOUTH AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)   

FIGURE 24: REST OF MIDDLE EAST & AFRICA FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)      

 

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