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. What’s more, eaters’ diets are becoming increasingly more specific. 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. 6.3.4 Restaurant Brands International Inc. 7. The baby food industry in Qatar is expected to witness a high growth in the coming years with a CAGR of 18.7 per cent. The UAE is the 2 nd largest U.S. export market for processed foods in the Middle East after Saudi Arabia. Despite the fact that the United Arab Emirates (UAE) is considered food secure due to its ability to import food from international markets, it is now prioritizing innovation-driven food security projects and investments in light of the COVID-19 pandemic. It has been making tremendous progress in many fields since its full independence in 1971. 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. Spanning more than 1,000,000 square feet of F&B products and showcases, Gulfood welcomes over 98,000 attendees from 193 countries. CTRL + SPACE for auto-complete. UAE foodservice market comprises of a large number of regional and international players such as Yum Brands, McDonald’s, among other local players. 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. Emirate’s (UAE) Food & Beverage (F&B) industry. Has e-Grocery Taken Over The Market To Become The New Norm? On the one hand, consumers have more to spend on food and robots can reduce expenses. Dubai, UAE – Internet Food and Beverage sales in the UAE have grown at a compound annual growth rate (CAGR) of 21% between 2015 and 2018, according to a new analysis issued by Dubai Chamber of Commerce and Industry. High disposable income, rising tourist arrivals, increasing urban lifestyles, and evolving consumer preferences have been propelling the growth of foodservice market in the country. As the country-wise share in total GCC food consumption is not to much change until 2021. 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. The UAE food retail sector continues its aggressive growth. The publisher analyzes the Food Retail Industry in the UAE in Michael Porter’s Five Forces Analysis. Waah Coorg! 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 … Dubai based iCademy sees Five-fold... IATA Report Indicates Stronger Aviation Demand in the Middle East, Challenges remain for doing business in GCC. In January 2016, H. H. Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE approved the Federal Law No. US fast food chains, looking to expand their geographical footprint, are being lured to the UAE by its glitzy shopping malls and insatiable appetite for fast food It’s a scene replicated across the GCC every day; a queue of people patiently wait in line to place their order. According to consultancy Oxford Economics, it is set to grow marginally faster — by another 34% — in the 10 years leading to 2027. Read the report to learn more about the current opportunities and how you can benefit from them. For the purpose of this study, Grand View Research has segmented the global online food delivery services market report based on type, channel type, payment method, and region: All Rights Reserved to Mordor Intelligence. 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. It’s a mix of positives, negatives, and uncertainties. Includes comprehensive data and analysis… Established a good system in determining the need market• McDonald’s UAE runs a wide range of altruistic initiatives in the UAE. Uae Frozen Food Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024. 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. It’s a mix of positives, negatives, and uncertainties. MARKET OPPORTUNITIES AND FUTURE TRENDS. The market is expected to pick up further during the period to 2022. The United Arab Emirates, often simply called Emirates, is a powerful country in the Middle East. © 2020. Pestle Analysis: In-depth Insights Of UAE Online Food Industry. 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. It uses concepts developed in Industrial Organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. Concluding Statement The fast-food industry was identified as a low-cost, high-turnover industry with strong competitive rivalry. Additionally, higher earnings have resulted in the income growth of the consumers, thereby boosting their expenditure on eating out. According to experts, this sector has a latent potential for manufacturers growth. The publisher analyzes the Food Retail Industry in the UAE in a PEST Framework Analysis. 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). The market had revenues of over $15 billion in 2015. The UAE market presents retailers with diverse relatively high-income consumers. DUBAI, United Arab Emirates, June 3, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis, 2020 Outlook of the KSA and UAE F&B Market, finds that the food … Dubai based iCademy sees Five-fold…. The global online food delivery services market size was valued at USD 23,539.40 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 15.4% from 2019 to 2025. UAE consumers consider foodservice outlets as a spot for social occasions, a place to enjoy with family and friends, and for official meetings and have a growing appetite of consumers for eating-out. Articles & Analysis | Developers continue to add to Dubai's shopping destinations from The Report: Dubai 2020 With new communities to serve, as well as developments that aim to reinvigorate existing districts, some of Dubai’s most prominent real estate developers are increasing the number of retail options available to residents of and visitors to the emirate. Competition. Online Education is the Way Forward. In the UAE, the pet humanization trend is becoming popular and has led owners to consider their pets as members of the family. The trendsetters in UAE food industry GN Focus profiles three companies transforming UAE's food production and packaging sectors Published: November 18, 2020 00:00 GN Focus report … Dubai based iCademy sees Five-fold rise in enrolments, Compromising Democracy in the Time of Covid-19, Dolby Cinema honors healthcare frontline heroes for selfless service in fight against Covid-19. IMARC Group’s latest report, titled “UAE Pet Food Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, finds that the UAE pet food market reached a value of US$ 55 Million in 2018. The price trend analysis covering the major crops produced across the UAE has also been included. Federal law on food safety. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. From 2007 to 2017 the UAE’s industrial sector grew by approximately 31%. United Arab Emirates Food Industry News Monitoring Service from EIN News; Media Monitoring & Online News Monitoring of United Arab Emirates Food Industry. 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. We’ll get you noticed. 6. The overall expenditure on F&B in the UAE is estimated to increase by 6.9 percent year-on-year (YoY), reaching $37 billion in 2020 from $34.6 billion in 2019. Global Uae Frozen Food Market Size, Share, Trends and industry analysis now available from IndustryARC.Report reveals Uae Frozen Food Market in the industry by Type, Products and application. In addition, it analyzes the key consumer trends influencing UAE food and grocery retail industry. After a thorough industry analysis, McDonald’s was identified as the market leader and was selected as a key player on which to carry out an evaluation regarding their international marketing activities. 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. 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, 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. This positive current account balance indicates the UAE is net lender to the whole world. 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 The United Arab Emirates is a federation of absolute hereditary monarchies. 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. 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. 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 … According to forecasts, the food and beverage market will be … UAE foodservice market is forecasted to grow at a CAGR of 5.22% during the forecast period (2019 - 2024). The acronym stands for the Political, Economic, Social and Technological issues that could affect the strategic development of a business. Imports net of re-exports in the food & beverage sector was around 43 billion AED in 2017 with a domestic consumption size of 112 billion AED. just-food offers food industry news, analysis and research, covering global markets for meat, poultry, ready meals, confectionery, desserts, bakery and dairy. Based on structure, the market studied is segmented into independent consumer foodservice and chained consumer foodservice. The report also includes value chain analysis of fruits and vegetables in the Algerian region. According to the World Bank, the United Arab Emirates had one of the top 25 Gross Domestic Products per capita in 2014 [1]. The UAE pet food market reached a value of US$ 58.4 Million in 2019. Global Organic Baby Food Market 2020- Industry Analysis, By Key Players, Segmentation, Trends And Forecast By 2026. Over the past few years, we have been overwhelmed by the interest and response we have received for our work. Tourist arrivals by top source markets (in ‘000s) – Dubai (2014 vs. 2017)9 6. 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. On the other hand, the space is carefully regulated and labor prices are increasing. 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. Across follow GCC countries, Saudi Arabia will account for over half of this spending followed by the UAE at 31 per cent. Industry focus: Fast food in the UAE. RELATED: Four Major Trends in the Food & Beverages Industry. In addition, it analyzes the key consumer trends influencing UAE food and grocery retail industry. From 2007 to 2017 the UAE’s industrial sector grew by approximately 31%. 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. RELATED: Five Ways The UAE Is The Architect of Its Own Food Security and Sustainability. 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 … Over the past five years, full-service restaurants held a prominent market share in the dine-out or food-away-from-home (FAFH) market. This statistic describes the market value of the fast food sector in the United Arab Emirates in 2015, by category. Each has flexible policies to enable entrepreneurs start an online food ordering business without any hassle or restriction. Market research on consumer products, commercial industries, demographics trends and consumer lifestyles in the United Arab Emirates. UAE Food Retail Industry Opportunities Analysis UAE and Saudi Arabia are the major food consumption countries during the forecast period. 11 UAE Dog Food Industry: Value Chain Analysis 11.1 Overview 11.2 Research and Development 11.3 Raw Material Procurement 11.4 Manufacturing 11.5 Marketing 11.6 Distribution 11.7 End-Use 12 UAE Dog Food Industry: Porters Five Forces Analysis 12.1 Overview 12.2 Bargaining Power of Buyers 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. 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. 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. The UAE is the largest U.S. consumer food export market in the Middle East and the 20 th largest overall. Despite the UAE importing most of its food, food security and promoting locally-made products is also important. Like other Middle Eastern countries UAE isn’t gifted with anything but abundant oil and hence Dubai was made a tourist attraction all through government spending on its infrastructure. PESTLE Analysis; Political: Each one of the 7 emirates of the UAE has individual governmental organizations. 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. To understand geography trends, Download Sample Report. The market studied is segmented by type and structure. UAE Foodservice Market Growth, Trends, and Forecasts (2020 - 2025) 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. Arabian Gazette is your window to the Middle East and North Africa region that provides you with insightful news, features and analysis about matters related to business, economy, finance, society, technology and environment. To witness a high growth in the region are generally observed to comfortably pay a premium price for quality.! 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