Food, Beverages and Tobacco in Middle East and Africa

Delivery

This report comes in PPT.

Key Findings

Middle East and Africa to continue underperforming in food and beverage production in global context

Rapidly expanding population will ensure increasing domestic demand for food and beverages in the Middle East and Africa region, however the industry’s production development remains hindered by low productivity, limited domestic agricultural output and low investment levels into upgrading the production facilities in most African countries.

Bakery products gain growth momentum in the region

Dairy and grain mill production will remain the largest food processing industries over the outlook period, however bakery products are set on the steepest value growth path. African populations are registering rising urbanisation, as a result creating demand for faster meal options.

Rapid growth for bottled water demand to boost soft drinks industry’s revenues

Soft drinks and more specifically bottled water is projected a steep growth trajectory in most Middle East and Africa countries, given the ongoing scarcity of clean, accessible and safe drinking water as well as significant population growth.

Industry concentration remains relatively low

The food, beverages and tobacco industry remains dominated by small companies, yet large food-producing enterprises are gradually expanding their presence across African markets. The rising income levels and increasing urbanisation stimulated demand for more value-added foods, animal proteins and foreign flavours.

Middle East and Africa region remains a net importer

Given the strained agricultural production, slow innovation levels in manufacturing and rising urbanisation, the region is unlikely to significantly reduce dependency on food imports.