Market Trends of Middle East and Africa Sweet Biscuits Industry
This section covers the major market trends shaping the MEA Sweet Biscuits Market according to our research experts:
Increasing Inclination towards On-The-Go Snacking
The emerging class of younger consumers along with kids and working-class consumers are largely consuming baked goods, such as sweet biscuits as a convenience snack regularly, which in turn boosts the market growth in the region. Further, food companies are intensively capitalizing on introducing and promoting a range of biscuit snacks as on-the-go snacks. Additionally, they emphasize the availability of tiny, practical packets that let customers take cookies and biscuits in their luggage. As countries such as Saudi Arabia, and South Africa has high obese and diabetic populations, international players such as Kellogg's Arabia, Mars Saudi Arabia, and Nestlé Middle East have signed a voluntary pledge with the Saudi Food and Drug Authority (SFDA) that seeks to reduce sugar, salt and fat content in their products. For instance, in 2019, Kellogg's launched a healthier version of Coco pops biscuits, in which sugar, salt, and saturated fats will be slashed by 7%, 26%, and 40% respectively across the Middle East region. Therefore, with the help of international players, the healthy/functional biscuit industry holds substantial opportunities in the healthy snacking category.
Cookies are the Fastest Growing Segment
The sales in the segment are driven by the increased consumption of a wide variety of assortments such as butter-based cookies, chocolate cookies, cream-filled cookies, plain cookies, wafer cookies, artisanal cookies, and egg-based cookies. Cookies remain the most preferred types of sweet biscuits and are consumed regularly by people of all age groups across Middle East countries. Furthermore, innovative marketing of biscuits and cookies has been another major factor boosting market sales. For instance, in 2020, through a rebranding OOH campaign, Corona, a Royal Chocolate Company hit the billboards of Cairo, Egypt, with the new packaging design for their biscuit Bimbo. Moreover, consumers can easily buy healthy variants of sweet cookies such as fortified cookies and organic cookies across online and offline channels, augmenting the market growth in the region. Some of the famous supermarkets in the region are Carrefour, Kazyon, Spinneys, and Metro, among others.