Market Share of MEA Plant-based Meat and Dairy Products Industry
The growth of plant-based foods in the Middle East and Africa is highly dependent on how consumers perceive such foods. In most cases, brands working in this segment must involve apt marketing and advertising practices to instigate younger consumers since they rely heavily on social media platforms and are avid 'out-of-home' consumers. Some of the major companies which are operating in the market studied are Danone SA, Beyond Meat Inc., Al Islami Foods, Blue Diamond Growers, and Saudi Dairy and Food Stuff Company.
These companies have been the front runners in terms of expansion of their production capacity and product launches to cater to the increasing demand for plant-based meat and dairy products in the region. In addition to innovations, the companies have also been engaged in strategic investments, especially in the online sector (after the wake of COVID-19), to hold their prominent position in the market.
Middle East & Africa Plant-based Meat Market Leaders
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Blue Diamond Growers
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Beyond Meat Inc.
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Danone
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Al Islami Foods
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Saudi Dairy and Food Stuff Company
*Disclaimer: Major Players sorted in no particular order
