The 2021-2028 Middle East and Africa plant-based food and beverage market study.
Triton has concluded in its report on the Middle East and Africa plant-based food and beverage market that this industry will grow at an 8.35% CAGR from 2021 to 2028.
The following countries are being studied in this market:
South Africa
Saudi Arabia
Turkey
The United Arab Emirates
The rest of the MEA countries
Plant-based meat has grown in popularity in the UAE in recent years, particularly since the arrival of international brands such as "Impossible" in the country in 2015. Furthermore, Dubai's Burger King franchises are now offering plant-based versions of their signature Whoppers, which are made by The Vegetarian Butcher, a Unilever-owned brand. Other brands that have recently entered the market include Brooklyn Creamery, Violife, Daiya, and Alpro.
The country's plant-based industry will also grow as a result of a growing group of domestic manufacturers. This will significantly aid the study market's growth in the coming years.
The growing number of shops and restaurants in Saudi Arabia offering a diverse range of vegan and vegetarian products is making the transition from meat to plant-based dietary options more appealing to the younger population. The country's demand for plant-based food has been steadily increasing, owing to increased awareness of health, environmental, and animal rights. Such factors are expected to aid the growth of the plant-based food and beverage market in the coming years.
Yofix creates and manufactures dairy- and soy-free fermented plant-based prebiotic and probiotic foods. To make its products, the company uses only natural ingredients.