Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey), By Product Type (Potato Chips, Extruded Snacks, Nuts & Seeds, Popcorn, Others), By Distribution Channel (Supermarket/Hypermarket, Independent Retailers, Convenience Stores, Service Station, Others), By Flavor (Roasted/Toasted, Barbeque, Spice, Beef, Others) And Competitive Landscape
Product Code: ETC060671 | Publication Date: May 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East Savory Snacks Market is anticipated to register sound revenue in the upcoming six years on account of an increase in the growth of the food processing industry. The growing spending of the youngsters in the consumption of the processed food has boosted the demand for savory snacks in the market. Also, the growing tourist influx across the region is likely to leave a positive impact on the food industry with the increasing consumption of distinctive snacks, as a result, it is estimated to boost the growth of the Middle East savory snacks market in the upcoming six years.
Middle East Savory Snacks Market is expected to gain growth in the coming years. To a greater extent, the Middle East is on the precipice of moving towards a far healthier lifestyle. The rising high prevalence of chronic diseases across the region is leading to a multiplies market growth. The government is also encouraging special programs and schemes to promote the health of citizens of the developed and developing nations and this is expected to proliferate the market growth of the product in the coming time zone. On the other hand, the market is driven by the increasing demand for a convenient food product range with an on-the-go rising trend for snacking options, particularly with a growing preference for meat-based snacks. Savory snack product makers have been coming up with a diversified product range offering in terms of new varaints and shapes to gain consumer attention. Although, there exists a huge opportunity amongst companies with significantly new product developments and innovations and this is expected to be a challenging part of the product market for the makers of the product. Also, the players at the regional level are anticipated to expand their market penetration with improvised retail landscape and marketing strategies.
According to 6Wresearch, Middle East Savory Snacks Market is expected to register growth during the forecast period 2021-2027. As a matter of fact, Indulgent snacks categories are doing so well even though they are also serving a better purpose for the consumers. Pre-COVID, most of the sectors hardly used to focus on eCommerce, and afterward, most sectors were aggressively pursued by platforms to list online induced by the increasing scope and mass consumer base gained by the online platform, resulting in increased sales. Consumers who were apprehensive about going online before are now much more comfortable, and this is creating new opportunities for the product market to seek strong growth in the coming time zone.
Based on products the market is segmented into Potato Chips, Extruded Snacks, Nuts and Seeds, Popcorn, Meat Snacks, Others. Based on distribution channels, the market is segmented into supermarkets/hypermarkets, specialist retailers, convenience stores, online channels, and others. More than half of the consumers do not have ample time to cook as they would like to make them look for products that can save precious time for more favorable activities.ย The countries across the region are becoming more Westernised and industrialized, which is moving the preferences of the consumers to have less time to cook snacks. As a result, portability and convenience are playing a large part in purchasing decisions for savory snacks. Add to that growing levels of disposable income, particularly in GCC nations, and consumers are wanting to snack more frequently โ between meals, as a meal replacement, to enjoy short meals anywhere and at any time. In the Middle East, savory snacks with โWeight & Shape Managementโ benefits were most popular at 89% share of overall health and wellness benefits.
The Middle East Savory snacks market report thoroughly covers the market by product type, distribution channels, and countries including UAE, Qatar, Bahrain, Oman, Turkey, Saudi Arabia, Kuwait, and the rest of the Middle East. The Middle East savory snack market outlook report provides an unbiased and detailed analysis of the ongoing Middle East savory snack market trend, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Market report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Savory Snacks Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Savory Snacks Market Revenues & Volume, 2020 & 2027F |
3.3 Middle East Savory Snacks Market - Industry Life Cycle |
3.4 Middle East Savory Snacks Market - Porter's Five Forces |
3.5 Middle East Savory Snacks Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Middle East Savory Snacks Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 Middle East Savory Snacks Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
3.8 Middle East Savory Snacks Market Revenues & Volume Share, By Flavor, 2020 & 2027F |
4 Middle East Savory Snacks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Savory Snacks Market Trends |
6 Saudi Arabia Savory Snacks Market, 2017 - 2027 |
6.1.1 Saudi Arabia Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.1.2 Saudi Arabia Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
6.1.3 Saudi Arabia Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
7 UAE Savory Snacks Market, 2017 - 2027 |
7.1 UAE Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 UAE Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7.3 UAE Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
8 Qatar Savory Snacks Market, 2017 - 2027 |
8.1 Qatar Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 Qatar Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8.3 Qatar Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
9 Kuwait Savory Snacks Market, 2017 - 2027 |
9.1 Kuwait Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9.2 Kuwait Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9.3 Kuwait Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
10 Oman Savory Snacks Market, 2017 - 2027 |
10.1 Oman Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10.2 Oman Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10.3 Oman Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
11 Bahrain Savory Snacks Market, 2017 - 2027 |
11.1 Bahrain Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
11.2 Bahrain Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11.3 Bahrain Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
12 Turkey Savory Snacks Market, 2017 - 2027 |
12.1 Turkey Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
12.2 Turkey Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
12.3 Turkey Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
13 Rest of Middle East Savory Snacks Market, 2017 - 2027 |
13.1 Rest of Middle East Savory Snacks Market, Revenues & Volume, By Product Type, 2017 - 2027 |
13.2 Rest of Middle East Savory Snacks Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
13.3 Rest of Middle East Savory Snacks Market, Revenues & Volume, By Flavor, 2017 - 2027 |
14 Middle East Savory Snacks Market Key Performance Indicators |
15 Middle East Savory Snacks Market - Opportunity Assessment |
15.1 Middle East Savory Snacks Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Middle East Savory Snacks Market Opportunity Assessment, By Product Type, 2020 & 2027F |
15.3 Middle East Savory Snacks Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
15.4 Middle East Savory Snacks Market Opportunity Assessment, By Flavor, 2020 & 2027F |
16 Middle East Savory Snacks Market - Competitive Landscape |
16.1 Middle East Savory Snacks Market Revenue Share, By Companies, 2020 |
16.2 Middle East Savory Snacks Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |