Market Trends of Middle East & Africa Frozen Bread Industry
This section covers the major market trends shaping the MEA Frozen Bread Market according to our research experts:
Expanding Distribution Channels Offer Potential Opportunities
Specialist retailers for frozen bread hold the dominant position in the market. Supermarkets/hypermarkets remain the second-largest retail distribution channels, accounting for more than 20% of the sale. Specialist retailers and convenience stores have maintained a stable growth rate over the past five years. Supermarkets are expected to register the fastest growth rate, owing to increased expansion.
Saudi Arabia holds a Prominent Share in the market studied
The increase of the global working population in Saudi Arabia is increasing the demand for these ready to eat and convenience food among professionals, as a breakfast and snack meal. South African and rest of Middle East & African markets are expected to record a significant CAGR, during the forecasted period. Given the rapid growth of African city populations, bread and other convenient baked goods are expected to remain a highly sought-after food item by African households. Bakery products appeal to the convenience and lifestyles of most people.