Exploring the UAE Snacks Market: Insights, Key Drivers, and Major Players
Introduction to the UAE Snacks Market
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 Key market insights include:
Market Size and Growth: The UAE Snacks Market is estimated to grow at a CAGR of around 3.6% during the forecast period, i.e., 2024-29.
Regional Analysis: Dubai, Abu Dhabi & Al Ain, Sharjah & Northern Emirates
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What is driving the growth of the UAE Snacks Market market?
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.
Market Segmentation
The UAE Snacks Market can be segmented based on several criteria, including:
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)
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Key Players in the UAE Snacks Market
The UAE Snacks Market is highly competitive, with several key players dominating the landscape. These companies are investing heavily in research and development to stay ahead of the competition and meet the evolving needs of their customers. Some of the prominent players in the UAE Snacks Market include:
- Mars Inc.
- PepsiCo Inc.
- Nestle Middle East
- Kellog Co.
- Mondelez International Inc.
- IFFCO Group
- Ferrero & Related Parties
- National Food Industries LLC (NFI)
- Savola Group
- Others
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Questions Addressed in this Study
1.What factors are driving the UAE Snacks Market growth?
2.How is the UAE Snacks Market expected to grow over the next five years?
3.What are the key insights into the current trends in the UAE Snacks Market?
4.What is the current size of the UAE Snacks Market, and how is it projected to change in the future?
6.What is the future outlook for the UAE Snacks Market in terms of technological advancements and market expansion?
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