Market by Type, Source, Distributors, and Country | Forecast 2021-2028
In its report on the plant-based food and beverage market in the Middle East and Africa, Triton has concluded that this industry will develop with a CAGR of 8.35% in the forecasting years from 2021 to 2028.
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The countries analyzed in this market include:
• South Africa
• Saudi Arabia
• Turkey
• The United Arab Emirates
• Rest of MEA countries
The popularity of plant-based meat in the UAE has surged in recent years, specially with the advent of international brands like Impossible in the country since 2015. Further, Dubai’s Burger King chains are now rolling out their signature Whoppers in plant-based variants; these are being made by The Vegetarian Butcher, a Unilever-owned brand. Other brands like Brooklyn Creamery, Violife, Daiya, and Alpro have all also entered the market in the past couple of years.
In addition to this, the growing cohort of domestic manufacturers, is poised to drive growth in the country’s plant-based industry. This will immensely help the studied market to grow in the coming years.
In Saudi Arabia, the rising number of shops and restaurants offering a broad range of vegan and vegetarian products is making the shift from meat to plant-based dietary options all the more palatable for the younger populace. The demand for plant-based food in the country has been steadily, owing to the increasing awareness of health, environment, and animal rights. Factors such as these are expected to aid the plant-based food and beverage market growth in the coming years.
Yofix is engaged in developing and manufacturing dairy- & soy-free fermented plant-based prebiotic & probiotic foods. The company makes use of 100% natural ingredients to manufacture its products. They also contain zero cholesterol. ONLY is a unique probiotic delicacy made with absolutely no milk. The Israel-based company is funded by the Strauss Group, which is the country’s largest food product manufacturer. It is headquartered in Ashdod, Hadarom.
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VIEW REPORT1. MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET – SUMMARY    Â
2. INDUSTRY OUTLOOKÂ Â
2.1. IMPACT OF COVID-19 ON PLANT-BASED FOOD AND BEVERAGE INDUSTRYÂ Â Â Â Â Â Â Â Â
2.2. KEY INSIGHTSÂ Â Â Â Â Â
2.2.1.  AWARENESS ABOUT ANIMAL HEALTH AND SAFETY      Â
2.2.2.  MANUFACTURING PLANT EXPANSIONS     Â
2.2.3.  CONCERNS ABOUT HEALTH AND CHANGING LIFESTYLES      Â
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1.  THREAT OF NEW ENTRANTS  Â
2.3.2.  THREAT OF SUBSTITUTE          Â
2.3.3.  BARGAINING POWER OF BUYERS    Â
2.3.4.  BARGAINING POWER OF SUPPLIERS
2.3.5.  THREAT OF COMPETITIVE RIVALRY Â
2.4. MARKET ATTRACTIVENESS INDEXÂ Â
2.5. VENDOR SCORECARDÂ
2.6. KEY MARKET STRATEGIESÂ Â Â Â Â
2.6.1.  PRODUCT LAUNCHES   Â
2.6.2.  CONTRACT & PARTNERSHIPS
2.7. MARKET DRIVERSÂ Â Â Â Â Â Â Â Â
2.7.1.  SHIFT TOWARDS VEGANISM   Â
2.7.2.  RISING LACTOSE INTOLERANCE       Â
2.7.3.  ADVANTAGES OF PLANT-BASED DIET         Â
2.8. MARKET CHALLENGES
2.8.1.  HIGH COST OF PLANT-BASED PRODUCTSÂ
2.8.2.  LIMITED AWARENESS   Â
2.8.3.  DISPARITY IN PERCEPTION OF DAIRY AND PLANT-BASED FOOD AND BEVERAGESÂ
2.9. MARKET OPPORTUNITIESÂ Â Â Â Â Â Â
2.9.1.  AVAILABILITY OF SUSTAINABLE PRODUCTS AND RECYCLABLE PACKAGING  Â
2.9.2.  REVOLUTIONARY MANUFACTURING PROCEDURES      Â
2.9.3.  INTRODUCTION OF BRAND NEW PRODUCTS       Â
3. MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET OUTLOOK – BY TYPE
3.1. DAIRYÂ Â Â Â Â Â Â Â Â
3.2. MEATÂ Â Â Â Â Â Â Â Â Â
3.3. OTHER TYPESÂ Â Â Â Â
4. MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET OUTLOOK – BY SOURCE    Â
4.1. SOYÂ
4.2. WHEATÂ Â Â Â Â Â Â
4.3. ALMONDÂ Â Â Â
4.4. CORNÂ Â Â Â Â Â Â Â Â
4.5. OTHER SOURCESÂ Â Â Â Â Â Â Â Â Â
5. MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET OUTLOOK – BY DISTRIBUTORS    Â
5.1. SUPERMARKETS/HYPERMARKETSÂ
5.2. CONVENIENCE STORESÂ Â Â Â Â Â Â Â Â Â
5.3. SPECIALTY STORESÂ Â Â Â Â Â
5.4. ONLINE RETAILÂ Â Â
5.5. OTHER DISTRIBUTORSÂ
6. MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET OUTLOOK – REGIONAL OUTLOOK
6.1. UNITED ARAB EMIRATES
6.2. SAUDI ARABIAÂ Â Â Â Â
6.3. TURKEY
6.4. SOUTH AFRICA
6.5. REST OF MIDDLE EAST & AFRICAÂ Â Â Â
7. COMPETITIVE LANDSCAPEÂ
7.1. AMY’S KITCHEN             Â
7.2. BEYOND MEAT INCÂ Â Â Â Â Â Â Â
7.3. BLUE DIAMOND GROWERSÂ Â Â Â Â
7.4. CALIFIA FARMSÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â
7.5. CONAGRA BRANDSÂ Â Â Â Â Â Â
7.6. DAIYA FOODS INCÂ Â Â Â Â Â Â Â Â Â
7.7. DANONE SA
7.8. FIELD ROAST GRAIN MEAT CO INC
7.9. IMPOSSIBLE FOODS INCÂ Â Â Â Â Â Â Â Â Â
7.10. KIKKOMAN CORPORATIONÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â
7.11. MORNINGSTAR FARMSÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
7.12. MOVING MOUNTAINSÂ Â Â Â Â Â Â Â Â Â Â Â Â Â
7.13. PACIFIC FOODS OF OREGONÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
7.14. QUORN FOODSÂ
7.15. SUNFEDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â
7.16. SWEET EARTH INCÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
7.17. THE HAIN CELESTIAL GROUP INCÂ Â
7.18. YOFIX PROBIOTICSÂ Â Â Â Â
8. RESEARCH METHODOLOGY & SCOPEÂ Â Â Â Â
8.1. RESEARCH SCOPE & DELIVERABLESÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
8.2. SOURCES OF DATAÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
8.3. RESEARCH METHODOLOGYÂ Â
TABLE 1: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: VEGANISM AROUND THE WORLD
TABLE 4: POPULATION PERCENTAGE OF LACTOSE-INTOLERANT PEOPLE ACROSS THE WORLD
TABLE 5: ANNUAL CONSUMPTION OF COW MILK WORLDWIDE BY COUNTRY
TABLE 6: NEW PRODUCT LAUNCHES OF PLANT-BASED PRODUCTS
TABLE 7: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 8: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY SOURCE, 2021-2028 (IN $ MILLION)
TABLE 9: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY DISTRIBUTORS, 2021-2028 (IN $ MILLION)
TABLE 10: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY TYPE, 2020 & 2028 (IN %)
FIGURE 3: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY DAIRY, 2021-2028 (IN $ MILLION)
FIGURE 4: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY MEAT, 2021-2028 (IN $ MILLION)
FIGURE 5: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY OTHER TYPES, 2021-2028 (IN $ MILLION)
FIGURE 6: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY SOURCE, 2020 & 2028 (IN %)
FIGURE 7: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY SOY, 2021-2028 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY WHEAT, 2021-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY ALMOND, 2021-2028 (IN $ MILLION)
FIGURE 10: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY CORN, 2021-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY OTHER SOURCES, 2021-2028 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY DISTRIBUTORS, 2020 & 2028 (IN %)
FIGURE 13: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY SUPERMARKETS/HYPERMARKETS, 2021-2028 (IN $ MILLION)
FIGURE 14: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY CONVENIENCE STORES, 2021-2028 (IN $ MILLION)
FIGURE 15: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY SPECIALTY STORES, 2021-2028 (IN $ MILLION)
FIGURE 16: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY ONLINE RETAIL, 2021-2028 (IN $ MILLION)
FIGURE 17: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, BY OTHER DISTRIBUTORS, 2021-2028 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 19: UNITED ARAB EMIRATES PLANT-BASED FOOD AND BEVERAGE MARKET 2021-2028 (IN $ MILLION)
FIGURE 20: SAUDI ARABIA PLANT-BASED FOOD AND BEVERAGE MARKET 2021-2028 (IN $ MILLION)
FIGURE 21: TURKEY PLANT-BASED FOOD AND BEVERAGE MARKET 2021-2028 (IN $ MILLION)
FIGURE 22: SOUTH AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: REST OF MIDDLE EAST & AFRICA PLANT-BASED FOOD AND BEVERAGE MARKET 2021-2028 (IN $ MILLION)