Middle East & Africa Bacon Market

Market Introduction

Bacon refers to the sides and belly portion of the pig’s body that is cured and smoked. Bacon is versatile in terms of cooking and helps in increasing the flavor of dishes. Some of the fastest-growing food crazes include paleo and keto diet plans. The paleo plan can also help to increase muscle mass because of the high protein intake combined with shorter, more intense workout sessions. The ketogenic diet slightly differs from the paleo diet. Instead of having the balanced ratio among the fats, carbs, and protein sources of energy in a keto plan basically come from fats and proteins, while consumers fill the body with fewer carbohydrates. However, this theory behind a keto diet is re-training the body to use fats rather than carbs for energy to increase weight loss. This trend of using meat products and bacon in keto and paleo diet will gain popularity among the health-conscious consumer and those who are willing to reduce weight. This, in turn, is expected to influence the MEA bacon market. Bacon is used in paleo and keto diets which can create new opportunities for market growth. Most of the market players to survive in the competitive market adopts some business strategies. New product development and product innovation are amongst them. Thus, the use of bacon in paleo and keto diets is expected to create a significant demand for bacon in the coming years, which is further anticipated to drive the bacon market.

Market Overview and Dynamics

The bacon market in MEA is expected to grow from US$ 1120.0 million in 2019 to US$ 1440.2 million by 2027; it is estimated to grow at a CAGR of 3.2% from 2020 to 2027. Bacon is used in paleo and keto diets. Food trends defined the twenty-first century as a health and wellness culture among consumers. Along with the dietary programs such as Atkins and Weight Watchers reigned among the millennium, there has also been a shift to broader “lifestyle” trends. Starting from veganism to absolute raw food diets, people could presume the love for the favorite food like bacon is diminishing. Some of the fastest-growing food crazes include paleo and keto diet plans. Both the plants rely mostly on protein and healthy fats intake to sustain on low carbs. A paleo diet includes a maximum of meat (eat more bacon), and this diet is dense with nutrients along with high in fat and low in carbs . This is bolstering the growth of the bacon market.

Key Market Segments

In terms of nature type, the conventional segment accounted for the largest share of the MEA becan market in 2019. In terms of source type, the pork segment held a larger market share of the bacon market in 2019. In terms of type, the pumped bacon accounted for the largest share of the MEA becan market in 2019. Further, the supermarkets and hypermarkets segment held a larger share of the market based on distribution channel in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the bacon   market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are OSI Group, JBS S.A, Hormel Foods Corporation, Farmland Industries, Inc., and Applegate Farms, LLC among others.

Reasons to buy report

• Understand the MEA bacon market landscape and identify market segments that are likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive market landscape in MEA  
• Efficiently plan mergers and acquisitions and partnership deals in the MEA  bacon market by identifying market segments with the most promising probable sales
• Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
• Obtain revenue forecast for market based on various segments for the period 2019-2027

MEA Bacon Market Segmentation

MEA Bacon Market - by Nature Type

• Organic
• Conventional

MEA Bacon Market - by Source Type

• Pork
• Beef
• Turkey
• Chicken

MEA Bacon Market - by Type

• Dry Cured
• Immersion Cured
• Pumped Bacon

MEA Bacon Market - by Distribution Channel

• Supermarkets and Hypermarkets
• Independent Retailers
• Food Service
• Others  

MEA Bacon Market - by Country

• South Africa
• Uganda
• UAE
• Rest of MEA

MEA Bacon Market - Company Profiles

• OSI Group
• JBS S.A
• Hormel Foods Corporation
• Farmland Industries, Inc.
• Applegate Farms, LLC

Middle East & Africa Bacon Market Strategic Insights

Middle East & Africa Bacon Market Segmentation Analysis

Middle East & Africa Bacon Market Report Highlights

Middle East & Africa Bacon Report Scope

Middle East & Africa Bacon Market Country and Regional Insights