With each year’s report, our endeavor is to listen to the voice of the industry, analyze upcoming trends and address some of the challenges faced by owners and operators. More large type stores are being built. Growing trends in the market, such as food trucks and food stalls, with the availability of various international cuisines, are also rendering a new experience to the customers, thus boosting their spending on food away from home. PESTLE Analysis; Political: Each one of the 7 emirates of the UAE has individual governmental organizations. 11 UAE Dog Food Industry: Value Chain Analysis 11.1 Overview 11.2 Research and Development 11.3 Raw Material Procurement 11.4 Manufacturing … Examine The UAE Online Food Industry Through Porter’s 5 Forces Analysis. J&K special report: UAE-India food security: Brothers in arms Role of India Middle East Agro Trade, Industry & Investment Forum explained Published: December 27, 2020 07:32 Special to GN Focus This PESTLE analysis of the food industry is certainly an interesting one. Country Profile report on the Dairy & soy food sector in Canada provides insights on high growth categories to target, trends in the usage of package materials, category level distribution […] In the UAE, the pet humanization trend is becoming popular and has led owners to consider their pets as members of the family. On the one hand, consumers have more to spend on food and robots can reduce expenses. The current account balance for UAE was estimated to be at USD 8.782 billions for the year 2016 and is expected to grow at a CAGR of 11.41% and reach USD 26.226 by 2022. According to the same report from Dubai Exports, the UAE’s food & beverage industry is by far one of the most important manufacturing sectors in UAE with many starting operations as far back as the early seventies. The trendsetters in UAE food industry GN Focus profiles three companies transforming UAE's food production and packaging sectors Published: November 18, 2020 00:00 GN Focus report $ 3000; September 2020; 82 pages; The MEA food allergen testing market is expected to grow from US$ 55.45 million in 2018 to US$ 98.28 million by 2027; it is estimated to grow at a CAGR of 6.6%from 2019 to 2027. What’s more, eaters’ diets are becoming increasingly more specific. With the UAE's population estimated to hit 10 million by 2025 and tourism numbers poised to reach 20 million by 2020, Lootah acknowledged that the UAE's key food manufacturing industry … According to the World Bank, the United Arab Emirates had one of the top 25 Gross Domestic Products per capita in 2014 [1]. It’s a mix of positives, negatives, and uncertainties. The United Arab Emirates is a federation of absolute hereditary monarchies. CTRL + SPACE for auto-complete. The publisher analyzes the Food Retail Industry in the UAE in a PEST Framework Analysis. The market is expected to pick up further during the period to 2022. On … The increasing use of smartphones and internet penetration are contributing to the market growth The United Arab Emirates’ Food Industry and Gulfood 2019, Top 3 Payment Options for Online Businesses, Let’s Organic Restaurant & Café Now Open in Dubai, Online Education is the Way Forward. Taking overnight visitors into consideration, Dubai would have more outlets per million than New York City, highlighting Dubai’s positioning as a global food & beverage destination. The UAE market presents retailers with diverse relatively high-income consumers. To understand geography trends, Download Sample Report. Report scope can be customized per your requirements. By 2030, food demand is projected to increase by 55%, bringing the size of Africa's food and agribusiness to $1 trillion and opening up huge employment opportunities all along the value chain. From 2007 to 2017 the UAE’s industrial sector grew by approximately 31%. This positive current account balance indicates the UAE is net lender to the whole world. On the other hand, the space is carefully regulated and labor prices are increasing. Dubai based iCademy sees Five-fold... IATA Report Indicates Stronger Aviation Demand in the Middle East, Challenges remain for doing business in GCC. The global online food delivery services market size was valued at USD 23,539.40 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 15.4% from 2019 to 2025. The upcoming Gulfood will definitely showcase the UAE’s growing strength in the sector, as well as the latest trends and innovation happening globally; a good part of which much is increasingly happening across the GCC. UAE Foodservice Market Growth, Trends, and Forecasts (2020 - 2025), Saudi Arabia Foodservice Market - Growth, Trends and Forecasts (2020 - 2025). The market is further projected to reach a value of around US$ 81.9 Million by 2025, at a CAGR of 5.8% during 2020-2025. Frost & Sullivan's recent analysis, 2020 Outlook of the KSA and UAE F&B Market, finds that the food and beverage (F&B) market in Saudi Arabia (KSA) and the UAE will register steady growth throughout 2020. Over the past five years, full-service restaurants held a prominent market share in the dine-out or food-away-from-home (FAFH) market. JSB Market Research announced Latest Trending Market Research Report Titled “Country Profile: Dairy and Soy Food in the UAE” under the Food and Beverages category. The food industry is the second largest sector in the country, important generally for the local UAE, across the GCC, as well as for the region which is undergoing large-scale economic development and diversification – some the notable ones include Saudi Vision 2030 and UAE Centennial 2071. Despite tough competition in the UAE’s food & beverage market, according to a partner and head of retail at KPMG Lower Gulf, the medium-term outlook looks strong – thanks to Expo 2020 and other global events in the region should provide reasons for a positive outlook as the country continues to evolve as a tourist destination. Buoyed by favorable macroeconomic factors and thriving tourism, retail sales in the country are forecast to register a robust CAGR of 6.9% during 2016-2021 to reach AED290.7 billion by 2021. food market in the UAE including relevant information such as analysis of the UAE market for different product categories, market access and market entry procedures, IP protection, referrals to professional buyers and a signposting and referral system providing useful contacts and ways to penetrate the UAE … From 2007 to 2017 the UAE’s industrial sector grew by approximately 31%. United Arab Emirates, abbreviated as UAE, is a country located in the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar, Iran and Pakistan. UAE food service Market is segmented by Type as food service outlets as Full-service restaurant, Fast food restaurant (QSR),Café/bars, 100% Home delivery, and Street stalls/kiosks; and by structure as independent consumer food service and chained consumer food service. It’s a mix of positives, negatives, and uncertainties. All Rights Reserved to Mordor Intelligence. It has been making tremendous progress in many fields since its full independence in 1971. Based on type, the market studied is segmented into foodservice outlets and catering or institutional food sector, wherein foodservice outlets are sub-segmented into full-service restaurant, fast food restaurant (QSR), café/bars, 100% home delivery/takeaway, self-service cafeterias, and street stalls/kiosks. A detailed analysis of the agriculture market in the United Arab Emirates is provided by giving production, consumption, imports, and exports of fruits and vegetables within the country. Articles & Analysis | Developers continue to add to Dubai's shopping destinations from The Report: Dubai 2020 With new communities to serve, as well as developments that aim to reinvigorate existing districts, some of Dubai’s most prominent real estate developers are increasing the number of retail options available to residents of and visitors to the emirate. November 10, 2020 November 10, 2020 vishal@vishalranjan.com Leave a Comment on UAE Cat Food Market Outlook 2020-2025 | Industry Opportunity & Growth Analysis According to the latest report by IMARC Group, the UAE cat food market grew at a CAGR of 6.8% during 2014-2019. Emirate’s (UAE) Food & Beverage (F&B) industry. In January 2016, H. H. Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE approved the Federal Law No. Concluding Statement The fast-food industry was identified as a low-cost, high-turnover industry with strong competitive rivalry. The acronym stands for the Political, Economic, Social and Technological issues that could affect the strategic development of a business. The Dubai Chamber of Commerce and Industry also hosted Gulfood Connect, a networking breakfast, at the chamber premises on Monday to highlight Dubai’s status as a major food … The UAE is the 2 nd largest U.S. export market for processed foods in the Middle East after Saudi Arabia. A PEST analysis is concerned with the environmental influences on a business. Outlet growth has been driven by a mix of expansion of existing chains as well as new brands and concepts entering the UAE market. This statistic displays the market size of the food and beverage sector in the United Arab Emirates between 2016 and 2018. KPMG in its report highlighted that the restaurant footprint of UAE, specifically Dubai – which is measured by the number of restaurants/food & beverage outlets per million population – does compare well with other established global food and beverage markets, which includes Paris, London and New York City. Host to many world-class events and gatherings, Dubai hosts the annual Gulfood – now the world’s largest annual food & beverage trade exhibition – this year, from February 17-21 2019 at the Dubai World Trade Centre. The report also includes value chain analysis of fruits and vegetables in the Algerian region. Proceeding from the definition, the food industry of the United Arab Emirates includes the following sectors: Waah Taj! RELATED: Four Major Trends in the Food & Beverages Industry. The UAE is the largest U.S. consumer food export market in the Middle East and the 20 th largest overall. To note, the latter has its own regional version in Abu Dhabi called SIAL Middle East. 1.1 Study Assumptions & Market Definition, 4.3 Industry Attractiveness - Porter's Five Force Analysis, 4.3.1 Bargaining Power of Buyers/Consumers, 4.3.4 Threat of Substitute Products and Services. IMARC Group’s latest report, titled “UAE Pet Food Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, finds that the UAE pet food market reached a value of US$ 55 Million in 2018. 10 of 2015 on Food Safety (PDF, 250 KB).The law imposes standards and regulations for maintaining the safety and quality of food and ensuring the protection of public health and consumers. Established a good system in determining the need market• McDonald’s UAE runs a wide range of altruistic initiatives in the UAE. Agthia Group, the UAE-based food and beverage business, is to acquire a bakery firm in Kuwait as part of expansion plans in the region. Includes comprehensive data and analysis… Has e-Grocery Taken Over The Market To Become The New Norm? Dubai based iCademy sees Five-fold rise in enrolments, Compromising Democracy in the Time of Covid-19, Dolby Cinema honors healthcare frontline heroes for selfless service in fight against Covid-19. Lack of recreational opportunities in the country is creating a growth opportunity in the foodservice sector, as the Emiratis are increasingly visiting foodservice channels to spend time with family. Instead, the majority of operators focus on wider natural and free-from claims: ‘no additives and preservatives’ is currently the most used ‘natural’ claim in the market, featuring on 16% of all product launches. According to Mintel Global New Products Database (GNPD), just 2% of food and drink launches in the UAE were positioned as organic in the year to October 2017. Statistics show that the production of food products and food industry in the UAE makes up about 47% of the national sector of non-resource industry. There are eight show sectors: beverages; dairy; fats & oils; health, wellness & free-from; meat & poultry; power brands; pulses, grains & cereals; and world food. Many companies have expanded and developed over the years since then. The UAE, in particular, Dubai, has made itself a major destination in the Middle for the food & beverage industry – attracting both foreign direct investment (FDI) and also local companies. Richie Santosdiaz takes a deep look into the United Arab Emirate’s (UAE) thriving food industry in the wake of the upcoming Gulfood – the biggest food and beverage trade show in the world. The UAE boasts a favourable environment for the food & beverage business, this according to the BMI Risk/Reward index, having the UAE rank first in the region and fourth globally in food & beverage investment environment attractiveness. Global Organic Baby Food Market 2020- Industry Analysis, By Key Players, Segmentation, Trends And Forecast By 2026. Fast-food restaurants are one of the key factors driving the market studied. The United Arab Emirates, often simply called Emirates, is a powerful country in the Middle East. According to forecasts, the food and beverage market will be … J&K special report: UAE-India food security: Brothers in arms Role of India Middle East Agro Trade, Industry & Investment Forum explained Published: December 27, 2020 07:32 Special to GN Focus Uae Frozen Food Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024. However, a trend of increased casual dining is observed in fast-growing cities of UAE such as Abu Dhabi and Dubai, where rising tourist arrivals, increasing urban lifestyles, and evolving consumer preferences have been propelling the growth for casual dining. This statistic describes the market value of the fast food sector in the United Arab Emirates in 2015, by category. After a sharp decline in oil prices produced several years of macroeconomic slowdown, the UAE is projected to continue to have modest economic growth in 2018 but recover to 3% growth next year. Industry focus: Fast food in the UAE. Dubai is one of the most sophisticated and luxurious cities of the world, it is situated in UAE and has amazing sites to visit, all manmade. According to the latest report by IMARC Group, titled “UAE Cat Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the UAE cat food market reached a value of around US$ 26 Billion in 2018, growing at a CAGR of nearly 7% during 2013-2018. Click here. This detailed PESTEL analysis of the United Arab Emirates (UAE) aims to explore some of the political, economic, social, technological, environmental, and legal factors affecting the United Arab Emirates today. © 2020. The KSA and the UAE’s Health & Wellness Food & Beverage Industry Outlook, 2020 The study aims to analyse the emerging Health & Wellness (H&W) Food & Beverage (F&B) market in the Gulf Cooperation Council (GCC). Additionally, higher earnings have resulted in the income growth of the consumers, thereby boosting their expenditure on eating out. United Arab Emirates, abbreviated as UAE, is a country located in the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar, Iran and Pakistan. Each has flexible policies to enable entrepreneurs start an online food ordering business without any hassle or restriction. In fact, a consumer survey revealed that 32.6% of the consumers in UAE were willing to spend between AED 101 and AED 300 on eating out, reflecting a high willingness to spend on eating out. Below, we offer our own UAE food industry analysis, taking a look at the region’s economy and social demographics, and examine what its continued evolution means for UAE restaurant chains. Download Free Pestel Analysis For Fast Food In Uae Pestel Analysis For Fast Food This PESTLE analysis of the food industry is certainly an interesting one. Gulfood 2019 will have some of the world’s top delegates including ministers from different countries, government officials, mega brands, new-to-show exhibitors and industry professionals who see Gulfood as a truly unique platform linking every aspect of the global food supply chain. According to Mena Research Partners estimates, the food and beverage market in the GCC will grow around 7.1 per cent annually, reaching $196 billion (Dh719.3 billion) in 2021 from $130 billion (Dh477.1 billion) from 2018. With world fresh food sales set to rise by 13% by 2020 – equating 280.5 million tonnes in volume, opportunities in this fast-moving sector are ripe across the globe – according to Gulfood report. Gulfood is such a global show it now, for many in the food and beverage space, has its coveted place in the crème of the crème of major global food shows – which include the likes of the biannual food shows like ANUGA in Cologne, Germany and SIAL in Paris. Dubai based iCademy sees Five-fold…. In addition, it analyzes the key consumer trends influencing UAE food and grocery retail industry. DUBAI, United Arab Emirates, June 3, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis, 2020 Outlook of the KSA and UAE F&B Market, finds that the food … In 2016, total food sales were Dh121 billion ($32.9 billion). The market had revenues of over $15 billion in 2015. The United Arab Emirates is a federation of absolute hereditary monarchies. The UAE also imported US$424.6 million of U.S. processed foods in 2019, an increase of 6%. The food industry is the second largest sector in the country, important generally for the local UAE, across the GCC, as well as for the region which is undergoing large-scale economic development and diversification – some the notable ones include Saudi Vision 2030 and UAE Centennial 2071. Waah Coorg! According to consultancy Oxford Economics, it is set to grow marginally faster — by another 34% — in the 10 years leading to 2027. Food Retail Industry in the UAE– Porter’s Five Forces Strategy Analysis The UAE retail sector continues to grow, supported by the upgrading of existing retail stores and the addition of state of the art new mega retail stores. UAE Food Retail Industry Opportunities Analysis UAE and Saudi Arabia are the major food consumption countries during the forecast period. The UAE Food market overview The UAE F&B market has grown by around 5% between 2013 and 2014 driven primarily by an increased number of transactions. … UAE Foodservice or Consumption Drivers. For instance, thanks to the government’s strong focus on agriculture, the country is now over 80% self-sufficient for milk and almost 40% self-sufficient in its demand for eggs, according to BMI research. 69 billion AED of consumption came from the local manufacturing industry, meaning 62% of the domestic food & beverage needs derived from the UAE’s local manufacturing industry. To understand key trends, Download Sample Report. Based on structure, the market studied is segmented into independent consumer foodservice and chained consumer foodservice. Some of the US fast-food chains continue to dominate the fast-food restaurant sector in the country, with the presence of major food chains, such as KFC, McDonald’s, Pizza Hut, Burger King, Hardee’s, and Domino's Pizza. 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