Confectionery & Snacks - United Arab Emirates

  • United Arab Emirates
  • Revenue in the Confectionery & Snacks market amounts to €7.55bn in 2024. The market is expected to grow annually by 5.07% (CAGR 2024-2029).
  • In global comparison, most revenue is generated in the United States (€125bn in 2024).
  • In relation to total population figures, per person revenues of €787.40 are generated in 2024.
  • In the Confectionery & Snacks market, volume is expected to amount to 932.80m kg by 2029. The Confectionery & Snacks market is expected to show a volume growth of 2.6% in 2025.
  • The average volume per person in the Confectionery & Snacks market is expected to amount to 86.3kg in 2024.

Key regions: Philippines, South Korea, Canada, Japan, China

 
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Analyst Opinion

The confectionery and snacks market in the United Arab Emirates is experiencing minimal growth, influenced by various factors such as changing consumer preferences, increasing health consciousness, and the emergence of new digital technologies. These sub-markets contribute to the overall market's slow growth rate, as consumers are becoming more health-conscious and demanding healthier snack options. Additionally, the current economic climate and rising competition in the food industry may also impact the growth rate of the confectionery and snacks market in the UAE.

Customer preferences:
The Confectionery & Snacks Market in the United Arab Emirates has seen a rise in demand for healthier snacking options. This trend is driven by the increasing health consciousness among consumers, who are opting for products with natural and organic ingredients. Additionally, there is a growing demand for convenient, on-the-go snacking options, especially among busy professionals and young adults. This has led to the introduction of a variety of healthy and innovative snacks in the market, catering to the changing preferences of consumers.

Trends in the market:
In United Arab Emirates, the Confectionery & Snacks Market within The Food market is experiencing a shift towards healthier options, as consumers become more health-conscious. This trend is reflected in the introduction of sugar-free and gluten-free snacks in the market. In addition, there is a growing demand for organic and natural snacks. This trajectory towards healthier options is significant for industry stakeholders, as it presents new opportunities for product innovation and tapping into the growing health and wellness trend. However, it also poses challenges for traditional players in the market who may need to adapt their offerings to stay competitive.

Local special circumstances:
In the United Arab Emirates, the Confectionery & Snacks market is influenced by the country's diverse cultural landscape, as it is home to a large expatriate population from various countries. This has led to a demand for a wide range of snacks and confectionery products, catering to different tastes and preferences. Additionally, the country's strict halal regulations also play a significant role in shaping the market, with a growing demand for halal-certified products. The high disposable income of the population and the prevalence of snacking culture also contribute to the market's growth.

Underlying macroeconomic factors:
The Confectionery & Snacks Market within The Food market in United Arab Emirates is influenced by macroeconomic factors such as consumer spending patterns, economic stability, and government policies. With a growing economy and increasing disposable income, consumers are willing to spend more on indulgent treats, driving market demand. Favorable government policies, including tax incentives and foreign investment, have also led to the growth of the sector. However, rising health concerns and the increasing popularity of healthier snack alternatives may hinder market growth in the long run.

Methodology

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.

Visión general

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  • Analyst Opinion
  • Methodology
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