Middle East & Africa Carbonates Market to Increase at 4% CAGR through 2021, Expects Euromonitor in Its New Report Available at MarketPublishers.com
12 Apr 2017 • by Natalie Aster
LONDON – The Middle East and Africa is expected to perform as the top regional market for carbonates worldwide during 2017-2021, registering a 4% CAGR in both volume and value terms. The region is likely to vastly outperform all other regions in terms of both percentage growth as well as rising per capita consumption.
South Africa and Saudi Arabia ranks the top country-wide markets for carbonates in the region. Growth in these countries is encouraged by the presence of strong local bottling operations and relatively developed modern retail infrastructure.
Today, distribution remains the major challenge in the carbonates market in Middle East and Africa, where traditional channels continue to capture the major chunk of retail consumption. However, modern retail channels are also expected to gain momentum.
With the increasing carbonates consumption in Middle East and Africa, the demand for healthier, low-calorie sparking options is predicted to increase, especially in the Gulf states, where obesity incidence is rather high.
New report “Carbonates in the Middle East and Africa” worked out by Euromonitor International, Ltd. provides access to trustworthy qualitative and quantitative info on the performance of the carbonates market in Middle East and Africa. It reviews the current scenario, touches upon the major influencing factors, explores the prevailing trends, delves into competitive environment, identifies the leading companies and also highlights the emerging challenges and opportunities. in addition, the research study includes a future outlook for this market through 2021.
Follow to the Euromonitor International catalogue at MarketPublishers.com, where many other in-demand research reports by the publisher are available.