UAE Subscription-based Meals Market Dynamics – Driver, Challenge, Segment & Competition FY2030

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UAE Subscription-based Meals Market Dynamics – Driver, Challenge, Segment & Competition FY2030

UAE Subscription-based Meals Market Overview and Insights:

UAE Subscription-based Meals 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 Subscription-based Meals Industry and its Yearly Growth Rate?

The UAE Subscription-based Meals Market size is valued at USD 138.45 million in 2022 and is estimated to grow at a CAGR of around 4.2% during the forecast period, i.e., 2024-30. The market growth attributes to the increasing demand for ready-to-eat food products among the working individuals across the country. With the increasing middle-class population and the burgeoning working population at various commercial spaces facilities, the demand for ready-to-eat and quick bites has been surging. The working populations have busy lifestyles with no or less time to prepare food, creating a demand for convenient, healthy, and freshly delivered food among the population surging demand for subscription-based meal offerings. Also, most of the working population across the UAE has hectic schedules, which proliferates the demand for subscription-based meals more in the country.

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Who are the Main Competitors Driving the UAE Subscription-based Meals Market Forward?

The prominent players essentially operating in the UAE Subscription-based Meals Market are as follows:

  • MEALS ON ME CATERING SERVICES L.L.C
  • Kcal
  • Delicut
  • Hello Chef
  • Fitt Meals
  • CurryFit
  • Jetlagged Chef
  • V Meals
  • Right Bite
  • Colour My Plate
  • Others

What are the key Drivers Defining the UAE Subscription-based Meals Market Size?

Surging Working Population in the Country – The UAE has a stong economy with various industries, commercial offices, and burgeoning job opportunities for the individuals across the globe. The sectors like construction, healthcare, finance etc., are growing rapidly across the country, which is increasing the working population from worldwide in the UAE. The government bodies are effectively focusing towards diversifying its economy, for which it is launching favorable policies for individuals, which is further increasing the number of working population in the country. This, in turn, is resulting in the increasing economy and rising working class population in the UAE. For Instance,

  • In 2022, as per the World Bank, the population-to-employment ratio was about 91% which was a 2% increase from 2021.

This shift in working class population is leading to the increasing demand for convenient time saving food options among the individuals. As the individuals have strict timelines busy schedules due to demanding working condition, the time for cooking is barely left. This is surging the demand for ready to eat and easy to prepare meal options among consumers, which is  delivered directly to their doorsteps.  Thus, as the consumers are focusing adopting the subscription-based meals the market growth is surging rapidly in the UAE.

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What is the Segmentation of the UAE Subscription-based Meals Market?

The UAE Subscription-based Meals market covered in this report is segmented –

  • By Cuisine Type
    • International/Wholesome- Market Size Forecast 2019-2030, (USD Million)
    • Indian- Market Size Forecast 2019-2030, (USD Million)
    • Arabic- Market Size Forecast 2019-2030, (USD Million)
    • Others- Market Size Forecast 2019-2030, (USD Million)

The International/Wholesome segment is expected to hold a considerable share in the UAE Subscription-based Meals Market during the forecast period, owing to cultural diversity and rising food tourism in the country.

  • By Diet Type
    • Vegan/Vegetarian- Market Size Forecast 2019-2030, (USD Million)
    • Pescatarian/Non-Vegetarian- Market Size Forecast 2019-2030, (USD Million)
  • By Function
    • Fitness (Weight-Loss, Muscle Gain, etc.)- Market Size Forecast 2019-2030, (USD Million)
    • Regular Diet- Market Size Forecast 2019-2030, (USD Million)
    • Diabetic- Market Size Forecast 2019-2030, (USD Million)
    • Others (New Mums, etc.) - Market Size Forecast 2019-2030, (USD Million)
  • By Service Duration
    • Weekly- Market Size Forecast 2019-2030, (USD Million)
    • Monthly- Market Size Forecast 2019-2030, (USD Million)
    • Quarterly- Market Size Forecast 2019-2030, (USD Million)
  • By Region
    • Dubai
    • Abu Dhabi Al Ain
    • Sharjah Northern Emirates

Key Questions Answered in the Research Report

  1. What is the predicted UAE Subscription-based Meals market size and growth rate for the years 2024-30?
  2. What challenges are restricting the growth of the UAE Subscription-based Meals market?
  3. Which segment accounted for the largest market share in the UAE Subscription-based Meals market?
  4. Which prominent companies are leading growth in the UAE Subscription-based Meals market?
  5. In what formats does Markntel Advisors deliver the concerned report descriptions?
  6. How long does it take for customers to receive the reports provided by Markntel Advisors?
  7. Does Markntel Advisors provide customized reports?

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