Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 1633.10817810588 USD Million |
| 2019 | 1726.19534425791 USD Million |
| 2020 | 1626.07601429095 USD Million |
| 2021 | 1606.56310211946 USD Million |
| 2022 | 1667.6125 USD Million |
| 2023 | 1734.317 USD Million |
| 2024 | 1810.626948 USD Million |
| 2025 | 1895.726414556 USD Million |
| 2026 | 1992.40846169836 USD Million |
| 2027 | 2101.99092709177 USD Million |
| 2028 | 2226.00839179018 USD Million |
| 2029 | 2366.24692047296 USD Million |
| 2030 | 2522.41921722418 USD Million |
| 2031 | 2693.94372399542 USD Million |
| 2032 | 2882.5197846751 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The Middle East & Africa potato chips market is expected to experience strong growth in the next 10 to 15 years. This is a result of increasing demand for packaged snacks among consumers in the region, especially among the youth and young professionals. The growing number of convenience stores and supermarkets, high median incomes in certain countries, and the rising popularity of fast-food in the region are some of the factors driving the market. In addition, growing demand for flavored and seasoned products, strong presence of multi-nationals offering new variants of chips, and the availability of wide varieties of potato chips in terms of size, flavor, and packaging are contributing to the dynamic growth of the region. Manufacturers in the Middle East & Africa are focusing on developing innovative strategies such as product positioning and advertising, to expand their reach in the fast-growing market. To strengthen their presence in the region, manufacturers are heavily investing in marketing and branding activities. In addition, to meet the ever-evolving tastes of consumers in the region, manufacturers are constantly innovating to bring new flavors, ingredients, and textures to the market.
For instance, manufacturers are introducing products such as dried potato chips seasoned with za'atar, spicy chipotle, and even corn chips flavored with mango and tamarind—allowing them to tap into the dynamic local tastes. To cater to the increasing demand from health-conscious consumers, some companies in the Middle East & Africa are introducing healthier variants such as baked chips, multigrain chips, and chips made from ingredients such as lentils and edible seeds. Manufacturers are also emphasizing low-salt and no-oil options. The outlook of the Middle East & Africa potato chips market is expected to remain positive in the coming years, as increasing disposable incomes and changing lifestyles in the region fuel the consumption of convenient snacks such as potato chips.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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