Dubai to Generate High Demand for Dairy Products through 2024
Increasing concerns about nutrition and health, changing consumption
patterns of consumers and rising awareness about benefits of dairy products to
drive UAE dairy products market through 2024
According to a TechSci Research report, “UAEDairy Products Market By Product Type, By Distribution Channel, Competition
Forecast & Opportunities, 2024”, UAE dairy products market is projected to
grow at a CAGR of over 7% during 2019-2024 owing to growing inclination towards dairy products along with
rising awareness about their health benefits for all age groups coupled with continuous
introduction of innovative flavors, especially in the yoghurt and milk segment. The growth of UAE dairy products
market is also fuelled by factors such as aggressive marketing by companies and
online retailers for dairy products, thereby increasing visibility among the
consumers. Moreover, further consolidation of distribution channels by major
manufacturers in the market across the region has aided growth of UAE dairy
products market by increasing product accessibility. In terms of distribution
channel, the market has been categorized into four major segments out of which
Supermarket/Hypermarket captured majority market share due to availability of a
variety of options under one roof and assurance of quality dairy products.
Browse market data Tables and Figures spread through Pages and an
in-depth TOC on " UAE Dairy Products Market "
https://www.techsciresearch.com/report/uae-dairy-products-market/4122.html
On the basis
of type, UAE dairy products market has been broadly categorized into dairy milk, ghee & butter, ice cream
& milk cream, cheese & spread and yoghurt. Yoghurt dominated the market in 2018 and is expected
to maintain its leading position in the coming years as well due to rising
demand for probiotic food and growing consumption of yoghurt on daily basis.
Al Marai,
Al Ain Dairy, Al Rawabi, Gulf
& Safa were some of the leading players in the UAE dairy
products market in 2018 and are anticipated to maintain their dominance during
forecast period as well. In terms of regions, Dubai dominated the market with a
share of over 48% in 2018. This region is expected to generate significant
demand for dairy products and anticipated to remain dominant till 2024 as well
owing to the population growth in the region along with rising tourism.
Download
Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4122
Customers
can also request for 10% free customization on this report.
“Factors
like introduction of flavored yogurt and flavored milk, rising per capita
expenditure on dairy products due to growing disposable income, rising health
awareness among consumers along with the benefits associated with dairy
products consumption are fuelling growth in UAE dairy products market.
Moreover, increasing retail focus on dairy products and government initiatives
towards encouraging the consumption of dairy products would further steer growth
in UAE dairy
products market.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“UAE
Dairy Products Market By Product Type, By Distribution Channel, Competition
Forecast & Opportunities, 2024” has evaluated the future growth potential
of UAE dairy products market and provides statistics and information on market
structure, size, share and future growth. The report is intended to provide
cutting-edge market intelligence and help decision makers to take sound
investment decision. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities
present in the UAE dairy products market.
About TechSci Research
TechSci Research is a
leading global market research firm publishing premium market research reports.
Serving 700 global clients with more than 600 premium market research studies, TechSci
Research is serving clients across 11 different industrial verticals. TechSci
Research specializes in researchbased consulting assignments in high growth and
emerging markets, leading technologies and niche applications. Our workforce of
more than 100 fulltime Analysts and Consultants employing innovative research
solutions and tracking global and country specific high growth markets helps
TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email:
[email protected]