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Lu - vi, 9:00 - 18:00 h (EST)
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Key regions: Canada, Spain, South Korea, United States, Japan
The Other Cereal Products Market in the UAE has seen minimal growth due to factors such as limited consumer awareness and preference for traditional breakfast options. However, with increasing health consciousness and availability of online options, the market is expected to see a slight uptick in growth.
Customer preferences: As health and wellness continue to be top priorities for consumers in the United Arab Emirates, there has been a noticeable increase in the demand for gluten-free and organic cereal products. This trend is driven by a growing awareness of food sensitivities and the desire for clean and natural ingredients. Additionally, there has been a rise in the popularity of convenient, on-the-go breakfast options, such as cereal bars and single-serve portion packs, catering to the busy lifestyles of many UAE residents.
Trends in the market: In the United Arab Emirates, the Other Cereal Products Market of the Bread & Cereal Products Market within The Food market is experiencing a rise in demand for healthier and more diverse cereal options. This has led to an increase in the availability of gluten-free, organic, and high-protein cereals. Additionally, there is a growing trend of incorporating traditional Emirati flavors and ingredients into cereal products, catering to local tastes. These trends are significant as they reflect a shift towards healthier and more culturally relevant food choices. Industry stakeholders may need to adapt their product offerings to meet these changing consumer preferences.
Local special circumstances: In the United Arab Emirates, the Other Cereal Products Market within the Bread & Cereal Products Market is heavily influenced by the country's cultural and religious practices. The demand for halal-certified products is on the rise, leading to the introduction of new cereal products made from alternative grains such as quinoa and buckwheat. Additionally, the UAE's thriving expat community has also contributed to the market growth, with a demand for imported cereals from their home countries. The country's strict food regulations also play a significant role in shaping the market, ensuring high-quality and safe products for consumers.
Underlying macroeconomic factors: The growth of the Other Cereal Products Market within the Bread & Cereal Products Market in the United Arab Emirates is driven by various macroeconomic factors. These include the country's stable economic growth, favorable regulatory environment, and increasing investment in the food and beverage industry. Additionally, the rising health consciousness among consumers, coupled with the growing demand for healthier and convenient food options, is boosting the market growth. Furthermore, the growing population and per capita income are also contributing to the expansion of the market. The rising trend of on-the-go snacking and increasing urbanization are also expected to fuel the market growth in the coming years.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)