Middle East and North Africa Snack Pellets Market Size and Forecasts (2020 - 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Source (Potato, Corn, Rice, Tapioca, Multigrain, and Others), Type (Plain and Flavored), and Fo

Middle East and North Africa Snack Pellets Market Size and Forecasts (2020 - 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Source (Potato, Corn, Rice, Tapioca, Multigrain, and Others), Type (Plain and Flavored), and Form (Laminated, Die Face, Tri Dimensional, and Others)

The Middle East and North Africa snack pellets market size was valued at US$ 317.90 million in 2022 and is projected to reach US$ 461.34 million by 2030; it is expected to register a CAGR of 4.8% from 2022 to 2030.

Snack pellets are non-expanded products made from raw materials such as potato, corn, rice, tapioca, multigrain, and others. These pellets are produced dried and semi processed for easy storage and shipment. The semi-processed products are sold to snack manufacturers, where they are further processed by various methods such as frying and hot air baking. The demand for snack pellets is driven by rising inclination toward convenience food products and increasing adoption of advanced technologies in snack pellet manufacturing. In addition, emerging trend of healthy snacking can create lucrative opportunities for snack pellet manufacturers to develop healthy snack pellets such as multigrain-based pellets and vegetable-based pellets.

The snack industry in MENA has recorded impressive growth in recent years. The market growth is attributed to the rising consumer preference for convenient and ready-to-eat snacks, driven by busy lifestyles and changing dietary habits. Additionally, the region’s growing young population and increasing urbanization have fueled the demand for packaged snacks. The demand is seen in particular countries such as Saudi Arabia, the UAE, and Egypt, where consumers increasingly incorporate snack items into their daily routines.

As consumers continue to seek convenience without compromising taste and quality, demand for RTE snacks increases. Ready-to-eat snacks, known for their convenience and variety, have gained traction in MENA due to the changing lifestyles of consumers, rising urbanization, and an increasing demand for on-the-go food options. Regional snack manufacturers focus on producing innovative and unique snack varieties to cater to diverse consumer preferences. Snack pellets are a crucial ingredient in producing a wide range of RTE snacks. Thus, rising demand for RTE snacks drives the MENA snack pellets market growth.

Moreover, there is increasing demand for ready-to-eat products in the Middle East and North Africa region due to various factors such as, changing lifestyles, busy work schedules, rising disposable income, increasing tourism and hospitality, e-commerce growth, increasing young population etc. due to this the snack pellets demand is surging among the snack manufacturers

Bach Snacks SAL, Societe Cooperative Agricole Limagrain, Crunchy Food FZE, GHANEM ALMOUNAJED MD, Quality Pellets AS, and SOLINO Ltd Corp SaRL are the key players operating in the Middle East and North Africa snack pellets market. These market players are focusing on providing high-quality, innovative products to fulfill customers' demands and increase their Middle East and North Africa snack pellets market share.

The overall Middle East and North Africa snack pellets market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the Middle East and North Africa snack pellets market.