Biscuit Market is Expected to Undergo a Significant Growth Through 2025
Growth in retail sector and new product launches with
introduction of new flavours are acting as key growth driver for UAE biscuit market.
According
to TechSci Research report, “UAE Biscuit Market By Type (Crackers &
Savoury Biscuits v/s Sweet Biscuits), By Packaging (Pouches/Packets, Boxes,
Cans/Jars, Others), By Distribution Channel (Supermarkets/Hypermarkets,
Convenience Stores, Specialist Retailers, Online, Others), By Region, Forecast
& Opportunities, 2025”, the market is expected to witness a substantial CAGR
during the forecast period owing to growth in retail sector and thriving
e-commerce industry. Manufactures are focusing on new product launches and are
coming up with some exciting new flavours which are attracting new consumers in
UAE. Moreover, the increasing young population and changing lifestyle are also
contributing to high consumption of biscuits as a snack in the country. In
addition to this, increasing working population, influence of western culture
and growth in tourism industry are some other key factors which are anticipated
to propel the UAE biscuit market growth in coming years.
Furthermore, availability of international biscuit
brands and increasing number of supermarkets & other departmental stores
are also supporting the growth of UAE biscuit market. Apart from this, changing
food habits of people has led to rising trend of food-on-the-go or ready-to-eat
food which is likely to boost the growth of UAE biscuit market through 2025.
Additionally, growing inclination of consumers towards high fiber, low fat, low
calorie biscuits is pushing manufactures to use healthy ingredients such as
oats, barley, wheat. Also, the outbreak of COVID-19 has significantly increased
the demand for ready to eat, healthy food items with longer shelf life. This is
also creating high demand for biscuits in UAE market.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on"UAE Biscuit Market"
https://www.techsciresearch.com/report/uae-biscuit-market/1506.html
UAE biscuit
market can be segmented based on type, packaging, distribution channel and
region. Based on type, the market can be categorized into crackers &
savoury biscuits and sweet biscuits. Among them, crackers & savoury
biscuits segment is expected to undergo high growth during the forecast period owing
to the changing consumer preference and increasing demand for healthier
alternatives over the conventional sweet snack options. Additionally, these
biscuit are available in a wide range of flavors and companies have also
started offering dips, creams, salsa, among others with these segment of
biscuits to go along with.
Based
on distribution channel, UAE biscuit market can be categorized into supermarkets/hypermarkets,
convenience stores, specialist retailers, online and others. Among them, the
online segment is expected to undergo fastest growth through 2025 on account of
growing e-commerce industry and penetration of various international brands on
these channels. Moreover, the door step delivery and convenience of shopping
being provided on these platforms are contributing to growth of online
distribution channel in UAE.
Major players operating in the UAE biscuit
market are Mondelez International MEA, The Kellogg
Company (Hassani Group of Companies), Britannia Industries Limited, ITC
Limited, Food Manufacturers Co FMC (Ulker), Tiffany Foods Ltd, Al Yanbou,
Gandour, Gulf Confectionery & Biscuit Co LLC and Rasti Lari Group of
Companies. Leading companies are involved in growth strategies such as new
product launches, collaborations, joint ventures and mergers & acquisitions.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1506
Customers can also request for 10% free
customization on this report.
“Biscuits are gaining popularity among almost all
sections of the population in UAE i.e. from a child to senior citizens. The
organization of UAE World Expo and Qatar FIFA World Cup, 2022 is further
expected to drive the UAE market growth in coming years. Manufactures are
engaged in introducing biscuits in attractive packaging and in different sizes
which is positively influencing the biscuit market growth,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based UAE management consulting firm.
“UAE Biscuit Market By Type (Crackers & Savoury
Biscuits v/s Sweet Biscuits), By Packaging (Pouches/Packets, Boxes, Cans/Jars,
Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience
Stores, Specialist Retailers, Online, Others), By Region, Forecast &
Opportunities, 2025” has
evaluated the future growth potential of biscuit market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in UAE biscuit market.
Contact
Mr. Ken Mathews
708
Third Avenue,
Manhattan,
NY,
New
York – 10017
Tel:
+1-646-360-1656
Email:
[email protected]