UAE Snacks Market Industry Analysis, Future Demand Projections, and Forecasts Until 2029
According to the latest market research report title “UAE Snacks Market By Product Type (Sweet Biscuits, Snack Bars and Fruit Snacks, Savory Snacks, Ice Cream, Sugar Confectionery, Chocolate Confectionery), By Distribution Channel (Online, Offline, (Hypermarket & Supermarket, Convenience Store), Others (Specialty Store, etc.)), By Packaging Type (Cans, Container & Boxes, Bags & Pouches), By Region (Dubai, Abu Dhabi & Al Ain, Sharjah & Northern Emirates)–Forecast to 2029″, published by MarkNtel Advisors, The UAE Snacks Market is estimated to grow at a CAGR of around 3.6% during the forecast period, i.e., 2024-29.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-29). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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The UAE Snacks Market Opportunity
Surging Halal Industry in the Country – The UAE is positioning itself as the center of the global Halal food industry, taking advantage of its strategic location while also taking a leadership role in defining international quality standards & processes for this growing food category. The UAE government has shown commitment to strengthening the halal industry in recent years. Few of the initiatives include facilitating halal certification processes, setting standards, and promoting the export of halal products.
Snack businesses, aligning with these Halal standards, aong with concerted efforts by the government would create a promising opportunity for the Snacks Market for UAE in the coming years ensuring quality and compliance position it’s a reliable source of Halal snacks.
UAE Snacks Market Segmentation
The UAE Snacks Market is highly robust and fragmented into numerous segments;
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
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Key Players Operating in the UAE Snacks Market: –
National Food Industries LLC (NFI)
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Savola Group Co
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Perfetti Van Melle Group
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the UAE Snacks Market during the forecast period?
- Which segment is expected to lead the UAE Snacks Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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