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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