Middle East & Africa Bread Market
No. of Pages: 70 | Report Code: BMIRE00029276 | Category: Food and Beverages
No. of Pages: 70 | Report Code: BMIRE00029276 | Category: Food and Beverages
There is significance increase in the awareness and diagnoses of gluten-related disorders such as celiac disease and gluten sensitivity among the consumers. As a result, more individuals are seeking gluten-free alternatives to manage their conditions effectively. Celiac disease is an inherited autoimmune disorder. The symptoms are triggered by "gluten," the name was given to specific proteins in wheat, including spelt and kamut, barley, rye, and a triticale—a cross between wheat and rye. In celiac disease, the body's immune system responds abnormally to gluten, resulting in inflammation and damage to the lining of the small intestine and reduces the absorption of iron, calcium, vitamins A, D, E, K, and folate. The bread varieties are often made of wheat, barley, and rye.
Consumers suffering from celiac disorder often opt for gluten-free bread. Consumer preference for gluten-free bread encourages market players to develop new and innovative health beneficiary products. Thus, the ongoing trend of adoption of gluten-free bread is influencing the manufacturers to focus on introducing clean labeled, gluten-free products that provide nutritional benefits to the consumer.
The Middle East & Africa is experiencing significant growth in the bread market as the baked goods manufacturers strategically take initiatives to expand their customer base through acquisitions and mergers, product diversification, and innovation. For instance, in January 2022, Almarai, a leading Saudi Arabian-based food and beverage manufacturer, acquired Bake Mart—a bakery company (which is a pioneer in providing artisan sourdough, French loaves, and other types of bread) in the UAE and Bahrain for US$ 25.4 million. Hence, intensive strategic key initiatives taken by the Middle East & African bread manufacturers are expected to fuel the bread market growth during the forecast period.
According to the Canada Sector Trend Analysis, baked goods retail sales in the UAE reached US$ 671.7 billion in 2022, compared to US$ 51.8 billion in 2018. Hence, the bakery industry in the Middle East & Africa has been gaining traction, further driving the demand for bakery products such as bread. Further, consumers in Saudi Arabia, the UAE, and Africa increasingly appreciate the craftsmanship, unique flavors, and cultural heritage associated with such bread, resulting in the growing interest in artisanal and traditional bread varieties in the Middle East & Africa. Consumers are increasingly seeking bakery products, including bread made from natural ingredients, which have low sugar and sodium content and are free from synthetic food additives and preservatives. Despite the increasing demand for bread, health concerns related to high carbohydrate and gluten content have led some consumers to reduce their bread consumption, which is hindering the market growth. Moreover, manufacturers have responded by introducing products with added nutritional value, such as whole-grain, multigrain, and gluten-free bread varieties, further fueling the Middle East & Africa bread market.
The Middle East & Africa bread market is segmented based on type, category, distribution channel, and country.
By type, the Middle East & Africa bread market is segmented into loaves, sandwich bread, baguettes, burger buns, and others. The loaves segment held the largest market share in 2022.
Based on category, the Middle East & Africa bread market is bifurcated into organic and conventional. The conventional segment held a larger market share in 2022.
By distribution channel, the Middle East & Africa bread market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment held the largest market share in 2022.
In terms of country, the Middle East & Africa bread market is segmented into the UAE, South Africa, Saudi Arabia, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa bread market share in 2022.
Groupo Bimbo SAB de CV, Dr Schar AG, Almarai Co SJSC, and Al Rashed Food Co Ltd are some of the leading players operating in the Middle East & Africa bread market.
Strategic insights for the Middle East & Africa Bread provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 16,404.15 Million |
| Market Size by 2030 | US$ 21,122.65 Million |
| Global CAGR (2023 - 2030) | 3.7% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2030 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Bread refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The List of Companies - Middle East & Africa Bread Market
1. Grupo Bimbo, S.A.B. de C.V.
2. Dr Schar AG
3. Almarai Co SJSC
4. Al Rashed Food Co Ltd
The Middle East & Africa Bread Market is valued at US$ 16,404.15 Million in 2023, it is projected to reach US$ 21,122.65 Million by 2030.
As per our report Middle East & Africa Bread Market, the market size is valued at US$ 16,404.15 Million in 2023, projecting it to reach US$ 21,122.65 Million by 2030. This translates to a CAGR of approximately 3.7% during the forecast period.
The Middle East & Africa Bread Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Bread Market report:
The Middle East & Africa Bread Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Bread Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Bread Market value chain can benefit from the information contained in a comprehensive market report.
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