Middle East & Africa Functional Foods Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028


No. of Pages: 109    |    Report Code: BMIRE00025018    |    Category: Consumer Goods

Middle East & Africa Functional Foods Market
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The functional foods market in the Middle East & Africa is expected to grow from US$ 12,148.25 million in 2021 to US$ 20,921.97 million by 2028; it is estimated to grow at a CAGR of 8.1% from 2021 to 2028.

Heart disease, obesity, cancer, stroke, respiratory disease, injuries, diabetes, Alzheimer's disease, influenza and pneumonia, and kidney disease are among the major chronic diseases reported in people. Obesity is becoming one of the most serious public health issues. It contributes to various metabolic ailments, including inflammatory pathologies, cardiovascular disease, hypertension, coronary issues, and diabetes mellitus. Instead of drugs, dietary changes may be recommended to prevent the harmful effects of obesity. Thus, nutrition through functional foods is a good therapeutic option for delivering dietary components capable of treating chronic disease, especially given the rising expense of health care. Functional foodstuffs contain vital nutrients that can help prevent disease, and many are notably high in antioxidants. These molecules neutralize toxic free radicals, thereby preventing cell damage and reducing the risk of several chronic diseases. Functional foods enhance the immune system’s response to infections and help in improving mental health. The improved immune system may also accelerate the treatment of chronic diseases and associated symptoms, such as obesity and type 2 diabetes. The rising number of diseases is prompting consumers to place a greater emphasis on healthy eating, which boosts the demand for functional foods. Functional food supplies the human body with appropriate nourishment, vitamins, and minerals, further lowering the risk of diseases. Most modern consumers are aware of dietary intolerances caused by gluten, dairy protein, and trans-fats. Consumers' perception that non-GMO foods are healthier and safer is compelling them to buy gluten-free and lactose-free functional food products. Functional foods, such as probiotics; energy-boosting foods; and vitamin- and mineral-rich food are the healthy food options of the future.. As a result, the rising prevalence of cardiovascular and other chronic diseases is propelling the demand for a healthy diet, triggering the sales of functional food products.

 

Middle East & Africa Functional Foods Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Functional Foods Market Revenue and Forecast to 2028 (US$ Million)
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Middle East & Africa Functional Foods Strategic Insights

Strategic insights for the Middle East & Africa Functional Foods 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.

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Middle East & Africa Functional Foods Report Scope

Report Attribute Details
Market size in 2021 US$ 12,148.25 Million
Market Size by 2028 US$ 20,921.97 Million
Global CAGR (2021 - 2028) 8.1%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product Type
  • Bakery and Confectionery
  • Dairy and Frozen Desserts
  • Sweet and Savory Snacks
  • Breakfast Cereals
By Category
  • Organic
  • Conventional
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Retail
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Abbott
  • Danone S.A.
  • GENERAL MILLS, INC
  • Kellogg Company
  • Laird Superfood
  • Nestlé SA
  • Unilever PLC
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    Middle East & Africa Functional Foods Regional Insights

    The geographic scope of the Middle East & Africa Functional Foods 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.

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    Middle East & Africa Functional Foods Market Segmentation     

     

    The Middle East & Africa functional foods market is segmented on the basis of product type, category, distribution channel, and country. Based on product type, the market is segmented into bakery and confectionery, dairy and frozen desserts, sweet and savory snacks, breakfast cereals, and others. In 2020, the dairy and frozen desserts segment held the largest share of the Middle East & Africa functional foods market. Based on category, the market is segmented into organic and conventional. In 2020, the conventional segment held a larger market share. Based on distribution channel, the Middle East & Africa functional foods market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2020, the supermarkets and hypermarkets segment held the largest share of the Middle East & Africa functional foods market. Further, based on country, the Middle East & Africa functional foods market is segmented into South Africa, Saudi Arabia, the UAE, and the rest of Middle East & Africa. Saudi Arabia contributed a substantial share in 2020. 

     

    Abbott; Danone S.A.; GENERAL MILLS, INC; Kellogg Company; Laird Superfood; Nestlé SA; and Unilever PLC are among the leading companies in the Middle East & Africa functional foods market.

    The List of Companies - Middle East & Africa Functional Foods Market

    1. Abbott
    2. Danone S.A.
    3. GENERAL MILLS, INC
    4. Kellogg Company
    5. Laird Superfood
    6. Nestlé SA
    7. Unilever PLC
    Frequently Asked Questions
    How big is the Middle East & Africa Functional Foods Market?

    The Middle East & Africa Functional Foods Market is valued at US$ 12,148.25 Million in 2021, it is projected to reach US$ 20,921.97 Million by 2028.

    What is the CAGR for Middle East & Africa Functional Foods Market by (2021 - 2028)?

    As per our report Middle East & Africa Functional Foods Market, the market size is valued at US$ 12,148.25 Million in 2021, projecting it to reach US$ 20,921.97 Million by 2028. This translates to a CAGR of approximately 8.1% during the forecast period.

    What segments are covered in this report?

    The Middle East & Africa Functional Foods Market report typically cover these key segments-

    • Product Type (Bakery and Confectionery, Dairy and Frozen Desserts, Sweet and Savory Snacks, Breakfast Cereals)
    • Category (Organic, Conventional)
    • Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail)

    What is the historic period, base year, and forecast period taken for Middle East & Africa Functional Foods Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Functional Foods Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Middle East & Africa Functional Foods Market?

    The Middle East & Africa Functional Foods Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Abbott
  • Danone S.A.
  • GENERAL MILLS, INC
  • Kellogg Company
  • Laird Superfood
  • Nestlé SA
  • Unilever PLC
  • Who should buy this report?

    The Middle East & Africa Functional Foods Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa Functional Foods Market value chain can benefit from the information contained in a comprehensive market report.

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