The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Middle East & Africa Organic Packaged Food Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Middle East & Africa Organic Packaged Food Industry (2022-2027):
According to the latest report, The Middle East & Africa Organic Packaged Food Market is projected to grow at a CAGR of around 5.75% during the forecast period, i.e., 2022-27. During 2017-21 The report demonstrates the prominent factors propelling the exponential growth of the Middle East & Africa Organic Packaged Food industry.
Key Takeaways: Beneficial for Stakeholders and Clients:
· Historical Data: 2017-20
· Base Year: 2021
· Forecast Period: 2022-27
· CAGR (2022-2027): 5.75%
What are the major Driver the Middle East & Africa Organic Packaged Food industry?
Growing Consumer Awareness Regarding Health Issues to Boost the Market - The growing awareness of the population regarding the health benefits as well as changing lifestyles are some of the dynamics driving the demand for organic packaged food in the Middle East & African nations. The number of working professionals in countries such as the UAE, Saudi Arabia, Qatar, South Africa, Turkey, and others is rapidly increasing due to the region's large expatriate population. Therefore, the growing workforce in the region has led the population to take a proper healthy diet, thus inclining their attention towards organic packaged food products as they are easy to cook & healthy, thereby saving time for professionals.
In addition, governments of the Middle East & African countries have taken necessary measures to enhance the production of organic farming, which, in turn, has created potential opportunities for new players to launch new healthy organic products in the market of the MEA region. Furthermore, it is expected that these factors would raise the demand for organic packaged food products in the region during the foreseen years. For instance:
In 2018, the Ministry of Environment, Water and Agriculture, Saudi Arabia, launched its organic farming action plan approved by the Cabinet with a total worth of USD200 million to support organic production in the country. The plan also aimed to provide safe & sustainable food and promote highly profitable farming.
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Middle East & Africa Organic Packaged Food Market Segmentation
The Middle East & Africa Organic Packaged Food Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Category
- Organic Baby Food
- Organic Breakfast Cereals
- Organic Confectionery
- Organic Dairy
- Organic Meat Products
- Organic Edible Oil
- Organic Pasta & Noodles
- Organic Sauces
- Organic Savory Snacks
- Organic Soups & Spreads
- Others
- By Type of Packaging
- Plastic Packaging
- Tetra Pack
- Metal Cans
- Others
- By Sales Channel
- Conventional Retail Outlets
- Hypermarkets
- Supermarkets
- Others
- By Country
- Saudi Arabia
- The UAE
- Qatar
- Oman
- Bahrain
- Kuwait
- Egypt
- Israel
- Turkey
- South Africa
As per the regional aspect, the Middle East & Africa Organic Packaged Food Market is expected to be dominated by Saudi Arabia by capturing the potential market share.
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Top Companies in the Middle East & Africa Organic Packaged Food Market
Hain Celestial Group, Nature's Path Foods, Danone Organic Valley, SunOpta, Danya Foods Ltd, Natureland, Holle Baby Food GmbH, Rachel's Organic Co Ltd, General Mills Inc, Hipp, ORYA Organik Yasam, Pinar Süt Mamülleri San ve Tic AS, Others
Recent Developments by Leading Companies
In 2021, the Hain Celestial Group, Inc. acquired “That’s How We Roll” from Clearlake Capital Group, a producer & marketing company of ParmCrisps & Thinsters.
In 2021, Hain Celestial Group announced the launch of new products, packaging, and advertising campaign. the expansion in the TeaWell Product line included a proprietary blend to promote better sleep & gut health.
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