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Middle East and Africa Bakery Product Market Analysis

The Middle-East and Africa bakery product market is expected to register a CAGR of 2.2% over the forecast period.

• The market is primarily driven by convenience, accessibility, and nutrition profile. Moreover, due to urbanization, the increasing working population, the growth of out-of-home consumption, and increased demand for instant and nutritious products, the sales of bakery products increased in recent times. Convenience and nutrition being the priority, consumers are looking for ready-to-eat bakery products with the incorporation of nuts and fruit pieces to maintain the balance in the nutrition profile of the product. 
• Additionally, premium bakery places and artisanal baking has gained importance in the region for their unique taste and exclusivity of the product. Consumers in the market often prefer personalized pastry and other artisanal baking products over conventional products.
• Bread consumption in Africa is expected to be majorly in the form of packaged products in the coming years. Corn, sorghum, and starchy plant roots are mainly preferred in Sub-Saharan Africa, particularly in rural regions. Thus, bread consumption is expected to grow slightly during the forecast period. Although the demand for healthier snacking options is increasing, sweet baked goods remain popular and the preferred item in African markets. 
• Most bakery product launches in African countries belong to sweet segments, strongly led by biscuits and cookies. Biscuits and cookies were among the commonly consumed products in the market for their ease of availability and affordable price. Additionally, these products are retailed on a unit basis which encourages consumers in the region to opt for single units or small quantities; these factors tend to drive the market in a positive direction in the coming years.

Middle East and Africa Bakery Product Industry Segmentation

Bakery products are prepared from flour or meal derived from some form of grains and are available in a wide range.The Middle East and African bakery products market is segmented by product type, distribution channel, and country. Based on product type, the market is segmented into cakes and pastries, biscuits and cookies, bread, morning goods, and other product types. Based on the distribution channel, the market is segmented into hypermarkets/supermarkets, convenience stores, specialty stores, online retailing, and other distribution channels. Also, the study analyzes the bakery products market in emerging and established markets across the Middle East and Africa, including South Africa, Saudi Arabia, and the Rest of the Middle East and Africa. For each segment, the market sizing and forecasts have been done based on value (in USD Million).