UAE biscuit market is expected to grow
at a steady rate during the forecast period. The UAE biscuit market is driven by
the increasing working population in the country. This has led to the change in
food habits of the people and has led to the increase in adoption of
food-on-the-go trend or ready-to-eat food. This is further expected to
positively impact the market growth through 2028. Additionally, increasing
health consciousness among the population has increased the demand for
convenience snacking. People have started preferring high fiber, low fat, low
calorie biscuits made out of healthy ingredients such as oats, barley, wheat,
among others as a convenience snacking option thereby fueling the market growth
over the next few years. Furthermore, the sudden outbreak of pandemic COVID-19
has significantly increased the demand for ready to eat, healthy food items
with longer shelf life thereby fueling the market growth. However, heavy
competition among major players operating in the market can hamper the market
growth during the forecast period. Besides, excessive consumption of sweet
biscuits has increased the prevalence of obesity especially, among the
teenagers in the country.
The UAE biscuit market is segmented
based on type, packaging, distribution channel, company and region. Based on type,
the market can be bifurcated into crackers & savoury biscuits and sweet
biscuits. The crackers & savoury biscuits segment is expected to hold a
significantly large market share owing to the changing consumer trends and
demands towards 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 thereby driving the segmental
growth. While, the sweet biscuits segment is expected to dominate the market
owing to the widespread adoption and preference for these biscuits among the
population.
The 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, Rasti Lari Group of Companies and others. Major companies are
developing advanced technologies and launching new products to stay competitive
in the market. Other competitive strategies include mergers & acquisitions
and new product developments.
Objective of the Study:
- To analyze and estimate the market size of UAE biscuit market from 2018
to 2021.
- To estimate and forecast the market size of UAE biscuit market from
2022 to 2028 and growth rate until 2028.
- To classify and forecast UAE biscuit market based on type, packaging,
distribution channel, company and regional distribution.
- To identify dominant region or segment in the UAE biscuit market.
- To identify drivers and challenges for UAE biscuit market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in UAE biscuit market.
- To conduct pricing analysis in the UAE biscuit market.
- To identify and analyze the profile of leading players operating in
UAE biscuit market.
- To identify key sustainable strategies adopted by market players in
UAE biscuit market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufacturers,
distribution channels and presence of all major players across the globe.
TechSci
Research calculated the market size of UAE biscuit market using a bottom-up approach, wherein data for various end-user segments
was recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analyzing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company websites, news articles, press releases, company annual
reports, investor presentations and financial reports were also studied by
TechSci Research.
Key Target Audience:
- Biscuit manufacturers/ suppliers/ distributors
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
biscuit
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
|
Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historical Data
|
2018 –
2021
|
|
Estimated Year
|
2023
|
|
Forecast Period
|
2024
– 2028
|
|
Quantitative Units
|
Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F
|
|
Report coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
|
Segments covered
|
·
Type
·
Packaging
·
Distribution Channel
|
|
Regional scope
|
Dubai;
Abu Dhabi; Sharjah; Rest of UAE
|
|
Key companies profiled
|
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, Rasti Lari Group of Companies.
|
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
|
Report Scope:
In this report, UAE biscuit market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- UAE Biscuit Market, By Type:
- Crackers
& Savoury Biscuits
- Sweet
Biscuits
- Plain
Biscuits
- Cookies
- Sandwich
Biscuits
- Chocolate-coated
Biscuits
- Other
- UAE Biscuit Market, By Packaging:
- Pouches/Packets
- Boxes
- Cans/Jars
- Others
- UAE Biscuit Market, By Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience
Stores
- Specialist
Retailers
- Online
- Others
- UAE Biscuit Market, By Region:
- Dubai
- Sharjah
- Abu Dhabi
- Rest of UAE
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in UAE biscuit market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
UAE biscuit market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]