UAE Snacks Market Trend, Size, Companies, Top Player, and Outlook 2024 to 2029

UAE Snacks Market Overview and Insights:

UAE Snacks Market research is an ongoing process. 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.

What is the Future Market Size of the UAE Snacks Industry and its Yearly Growth Rate?

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. The rising affluence, bolstered by a strong economy, has led to raised disposable income, resulting in a greater willingness to spend on convenient snacks. With a mix of nationals expatriates, there is a growing demand for on-the-go snack options. Busy lifestyles, characterized by longer working hours commutes, have further fueled the need for readily available snacks in recent years.

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Who are the Main Competitors Driving the UAE Snacks Market Forward?

The prominent players essentially operating in the UAE Snacks Market are as follows:

Mars, Inc.
Business Description
Product Portfolio
Strategic Alliances or Partnerships
Recent Developments
Financial Details
Others
PepsiCo Inc.
Nestle Middle East
Kellog Co
Mondelez International Inc.
IFFCO Group
Ferrero Related Parties
National Food Industries LLC (NFI)
Savola Group Co
Perfetti Van Melle Group
Others

What are the key Drivers Defining the UAE Snacks Market Size?

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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What is the Segmentation of the UAE Snacks Market?

The UAE Snacks market covered in this report is segmented –

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)

Based on the product type segment, the market is further bifurcated into Sweet Biscuits, Snack Bars, and fruit snacks, Savory Snacks, Ice Cream, sugar confectionery, and Chocolate Confectionery.

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

Key Questions Answered in the Research Report

What is the predicted UAE Snacks market size and growth rate for the years 2024-29?
What challenges are restricting the growth of the UAE Snacks market?
Which segment accounted for the largest market share in the UAE Snacks market?
Which prominent companies are leading growth in the UAE Snacks market?
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