Middle East & Africa Ready Meals Market, 2019-2027
The ready meals market in Middle East & Africa is expected to reach a projected revenue of US$ 10,260.2 million by 2027. A compound annual growth rate of 4.8% is expected of Middle East & Africa ready meals market from 2020 to 2027.
An overview of the MEA ready meals market trends heading towards 2027. The MEA market generated a revenue of USD 7,066.2 million in 2019.
The overall growth of the MEA market from 2019 to 2027. The market is expected to grow at a CAGR of 4.8% from 2020 to 2027.
A look at the MEA market revenues per segment in 2019. In terms of segment, frozen and chilled was the largest revenue generating product in 2019.
The segment witnessing the fastest revenue growth within the market. Canned is the most lucrative product segment registering the fastest growth during the forecast period.
An overview of MEA market per country. Country-wise, South Africa is expected to register the highest CAGR from 2020 to 2027.
MEA data book summary
Market revenue in 2019
USD 7,066.2 million
Market revenue in 2027
USD 10,260.2 million
Growth rate
4.8% (CAGR from 2019 to 2027)
Largest segment
Frozen and chilled
Fastest growing segment
Canned
Historical data covered
2016 - 2018
Base year for estimation
2019
Forecast period covered
2020 - 2027
Quantitative units
Revenue in USD million
Market segmentation
Frozen and Chilled, Canned, Dried
Key market players worldwide
Nestle SA, General Mills Inc, WK Kellogg Co, Conagra Brands Inc, Tyson Foods Inc Class A, Nomad Foods Ltd, Unilever PLC ADR, 2 Sisters Food Group(2sfg), DR. OETKER
Other key industry trends
In terms of revenue, MEA region accounted for 4.4% of the global ready meals market in 2019.
Globally, North America is projected to lead the regional market in terms of revenue in 2027.
Asia Pacific is the fastest growing regional market and is projected to reach USD 69,866.7 million by 2027.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Ready Meals Market will help companies and investors design strategic landscapes.
Frozen And Chilled was the largest segment with a revenue share of 57.91% in 2019.
Horizon Databook has segmented the Middle East & Africa ready meals market based on frozen and chilled, canned, dried covering the revenue growth of each sub-segment from 2016 to 2027.
Middle East & Africa Ready Meals Market Product Outlook (Revenue, USD Million , 2016-2027)
Frozen and Chilled
Canned
Dried
Middle East & Africa Ready Meals Market Distribution Channel Outlook (Revenue, USD Million , 2016-2027)
Supermarket & Hypermarket
Convenience Stores
Online Retail
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ready meals market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ready meals market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Middle East Africa Ready Meals Market, 2016-2027 (US$M)