Exploring UAE Snacks Market Opportunity, Latest Trends, Demand, and Development By 2029- MarkNtel Advisors
According to Markntel Advisors Report, UAE Snacks Market is expected to grow at a significant growth rate, and the analysis period is 2024-2029, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Snacks are small,
typically portable food items consumed between meals or as a quick, casual food
option. They are often chosen for their convenience, ease of consumption, and
ability to satisfy cravings or provide a quick energy boost. They come in a
wide variety of forms, flavors, and types, catering to different tastes &
dietary preferences.
UAE Snacks Market Research Report
& Summary:
The UAE Snacks Market is
estimated to grow at a CAGR of around
3.6% during the forecast period, i.e., 2024-29. The growth is driven by
rising disposable income, the presence of a young & dynamic population, a
heightened shift in e-commerce, and increasing female workforce
participation.
Time Period
Captured in the Report:
·
Historical
Years: 2019-22
·
Base
Years: 2023
·
Forecast
Years: 2024-29
Who are the Key Players Operating in the UAE
Snacks Market?
The top
companies of the UAE Snacks Market ruling the industry are:
Mars Inc., PepsiCo Inc., Nestle Middle East, Kellog
Co., Mondelez International Inc., IFFCO Group, Ferrero & Related Parties, National
Food Industries LLC (NFI), Savola Group, Perfetti Van Mella Group, and Others.
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The UAE Snacks Market explores the industry by
emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-By Product Type
-Sweet Biscuits, Snack Bars and Fruit Snacks - Market Size &
Forecast 2019-2029, (Thousand Tons)
-Savory Snacks - Market Size & Forecast 2019-2029, (Thousand Tons)
-Ice Cream - Market Size & Forecast 2019-2029, (Million Liters)
-Sugar Confectionery - Market Size & Forecast 2019-2029, (Thousand
Tons)
-Chocolate Confectionery - Market Size & Forecast 2019-2029,
(Thousand Tons)
-By Distribution Channel
-Online - Market Size & Forecast 2019-2029, (USD Million)
-Offline - Market Size & Forecast 2019-2029, (USD Million)
-Hypermarket & Supermarket
-Convenience Store
-Others (Specialty Store, etc.)
-By Packaging Type
-Cans - Market Size & Forecast 2019-2029, (USD Million)
-Container & Boxes - Market Size & Forecast 2019-2029, (USD
Million)
-Bags & Pouches - Market Size & Forecast 2019-2029, (USD
Million)
-By Region
-Dubai
-Abu Dhabi & Al Ain
-Sharjah & Northern Emirates
Full Report Link: https://www.marknteladvisors.com/research-library/uae-snacks-market.html
The UAE Snacks Market Driver
Upsurge in the
Tourism Industry to Amplify the Market Expansion – During the historical
period, the tourism sector played a significant role in the UAE Snacks Market.
According to the Dubai Chamber of Commerce, Dubai itself welcomed around 14.5
million tourists to the country in 2022 & 8.5 million in the first half of
2023. The surging arrival of travelers contributed to increased consumption of
on-the-go snacks, such as packaged nuts, chips, and chocolates, as the tourist
looks for quick & easy refreshment during their travels, instigating the
UAE Snack Market size.
Moreover, to
enhance the tourism industry and accommodate increasing passengers, Abu Dhabi
& Dubai are increasingly expanding & constructing new airports and
terminals. This would drive the market growth of snacks in the coming years, as
new airport terminals are designed with state-of-the-art retail spaces,
prioritizing passenger experience..
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MarkNtel Advisors is a leading consulting, data
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varied client base, including multinational corporations, financial
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many years and have conducted multi-industry research across 80+ countries,
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the Middle East & Africa, etc., and many countries across the regional
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and several others.
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