UAE Snacks Market Poised for 3.6% CAGR Growth Through 2029 - MarkNtel Advisors

MarkNtel Advisors has released its comprehensive analysis of UAE Snacks Market, projecting a steady 3.6% CAGR growth from 2024-2029. Our team of industry specialists has exactly compiled the latest market intelligence to support stakeholders—entrepreneurs, financial analysts, and corporate strategists—in making informed, data-backed decisions.

UAE Snacks Market Statistics:

Study Period- Historical Data: 2019-22

Base Year: 2023

Forecast Period: 2024-2029

CAGR (2024-2029): 3.6%

Market Study Report Coverage:

  1. Market Fundamentals: Size, share, Revenue, and historical performance metrics.
  2. Emerging OpportunitySurging Halal Industry in the Country
  3. Geographical Analysis: Growth hotspots across – Dubai,Abu Dhabi & Al Ain,Sharjah & Northern Emirates
  4. Competitive Benchmarking: Market leaders vs. emerging players.

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UAE Snacks Market Segmentation Analysis (2024–2029)

The study analyzes significant trends in each segment of UAE Snacks Market report, as well as growth estimates for 2024–2029 at the geographical levels.

As per the Report the market segment bifurcated into:

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)

Based on the product type segment, the market is further bifurcated into Sweet Biscuits, Snack Bars, and fruit snacks, Savory Snacks, Ice Cream, sugar confectionery, and Chocolate Confectionery. 

By Region

    • Dubai
    • Abu Dhabi & Al Ain
    • Sharjah & Northern Emirates

 

UAE Snacks Market Sector Growth Driver: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.

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UAE Snacks Market Competitive Outlook (2024–2029)

This section discusses the major participants in UAE Snacks Market, with a focus on securing new contracts in developing nations to strengthen their footprint

Competitive Analysis Cover:

  • Business Description
  • Product Segments
  • Strategic Alliances or Partnerships
  • Recent Developments
  • Financial Details
  • Others

List of Major UAE Snacks Market Competitor

  • Mars, Inc.
  • PepsiCo Inc.
  • Nestle Middle East
  • Kellog Co
  • Mondelez International Inc.
  • IFFCO Group
  • Ferrero & Related Parties
  • National Food Industries LLC (NFI)
  • Savola Group Co
  • Perfetti Van Melle Group

 

The UAE Snacks Market (2024-29): Regional Projection-

Geographically, the UAE Snacks Market expands across:

  • Dubai
  • Abu Dhabi & Al Ain
  • Sharjah & Northern Emirates

Dubai had the largest market share in 2023 due to the emergence of the region as a hub for various cultural festivals & events, its diverse population, and retail expansion. In recent years, Dubai hosted various cultural events & festivals such as Dubai Expo2020, Dubai Shopping Festival, International Jazz Festival, etc. These events lead to heightened consumption of snacks due to the exchange of snacks as part of hospitality, presence of vendor stalls, etc., contributing to seasonal spikes in snack sales, which has escalated Dubai’s share in the UAE snack Market in the coming years.

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Frequently Asking Questions (FAQ’s):

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  • How big is UAE Snacks industry?
  • Which companies have the largest UAE SnacksMarket share?
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