The publisher analyzes the Food Retail Industry in the UAE in Michael Porter’s Five Forces Analysis. From 2007 to 2017 the UAE’s industrial sector grew by approximately 31%. 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. 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 market is expected to pick up further during the period to 2022. United Arab Emirates Food Industry News Monitoring Service from EIN News; Media Monitoring & Online News Monitoring of United Arab Emirates Food Industry. Additionally, consumers in the region are generally observed to comfortably pay a premium price for quality food. What’s more, eaters’ diets are becoming increasingly more specific. 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. 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. Competition. 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. According to research conducted by MENA Research Partners, the food sector in the Gulf Cooperation Council (GCC) will grow more than 7 percent annually. Report scope can be customized per your requirements. UAE Foodservice or Consumption Drivers. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Despite the UAE importing most of its food, food security and promoting locally-made products is also important. 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. 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. 11 UAE Dog Food Industry: Value Chain Analysis 11.1 Overview 11.2 Research and Development 11.3 Raw Material Procurement 11.4 Manufacturing … Federal law on food safety. 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. Organic food is often fresher and has a shorter shelf life because it doesn’t contain preservatives. These stakeholders included operators representing more than 120 brands and approximately 1,700 outlets. It uses concepts developed in Industrial Organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. 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. 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. 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). RELATED: Five Ways The UAE Is The Architect of Its Own Food Security and Sustainability. 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. Additionally, higher earnings have resulted in the income growth of the consumers, thereby boosting their expenditure on eating out. 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. 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. Global Organic Baby Food Market 2020- Industry Analysis, By Key Players, Segmentation, Trends And Forecast By 2026. 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. 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 consultancy Oxford Economics, it is set to grow marginally faster — by another 34% — in the 10 years leading to 2027. Across follow GCC countries, Saudi Arabia will account for over half of this spending followed by the UAE at 31 per cent. 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. A PEST analysis is concerned with the environmental influences on a business. Has e-Grocery Taken Over The Market To Become The New Norm? Waah Taj! 8 Food Industry jobs in Dubai on totaljobs. The market had revenues of over $15 billion in 2015. 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. 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. The UAE market presents retailers with diverse relatively high-income consumers. 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. Conversations with F&B stakeholders explored current developments in the market and future perspectives. 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. On the one hand, consumers have more to spend on food and robots can reduce expenses. UAE foodservice market comprises of a large number of regional and international players such as Yum Brands, McDonald’s, among other local players. 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. 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. 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. 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 […] As the country-wise share in total GCC food consumption is not to much change until 2021. In addition, it analyzes the key consumer trends influencing UAE food and grocery retail industry. On … 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 … Pestle Analysis: In-depth Insights Of UAE Online Food Industry. Outlet growth has been driven by a mix of expansion of existing chains as well as new brands and concepts entering the UAE market. 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 Read the report to learn more about the current opportunities and how you can benefit from them. High disposable income, rising tourist arrivals, increasing urban lifestyles, and evolving consumer preferences have been propelling the growth of foodservice market in the country. 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. $ 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. Includes comprehensive data and analysis… $ 7900 Corporate User License ? 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. To understand geography trends, Download Sample Report. 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. 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. 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. 6.3.4 Restaurant Brands International Inc. 7. 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. There are eight show sectors: beverages; dairy; fats & oils; health, wellness & free-from; meat & poultry; power brands; pulses, grains & cereals; and world food. This PESTLE analysis of the food industry is certainly an interesting one. 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. 6. On the one hand, consumers have more to spend on food and robots can reduce expenses. 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 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. 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