MarkNtel Advisors recently published a detailed industry analysis of the Global UAE Snacks Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global UAE Snacks Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2029

The UAE Snacks Market is estimated to grow at a CAGR of around 3.6% during the forecast period, i.e., 2024-29. 

Key Findings in Global UAE Snacks Market:

• Historical Analysis: 2019–2022
• Base Year: 2023
• Forecast Period: 2024–2029

Leading Market Players- Mars Inc., PepsiCo Inc., Nestle Middle East, Kellog Co., Mondelez International Inc., IFFCO Group, Ferrero & Related Parties, National Food Industries LLC (NFI), Savola Group, Perfetti Van Mella Group, and Others.

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the UAE Snacks industry?

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.

Moreover, to enhance the tourism industry and accommodate increasing passengers, Abu Dhabi & Dubai are increasingly expanding & constructing new airports and terminals. This would drive the market growth of snacks in the coming years, as new airport terminals are designed with state-of-the-art retail spaces, prioritizing passenger experience.

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What segments define the Global UAE Snacks Market from 2024 to 2029? How do these segments contribute to market dynamics and growth?

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)

According to report, 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. Of them, Chocolate Confectionery held the major market share in 2022 owing to the soaring demand driven by the country's young population.

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)

According to report, Containers & boxes have held a considerable share of the UAE Snacks Market in 2022.

Explore the Complete Global UAE Snacks Market Analysis Report – https://www.marknteladvisors.com/research-library/uae-snacks-market.html

Geographical Analysis: Global UAE Snacks Market

 By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

  Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Global UAE Snacks Market?
• How is the Global UAE Snacks Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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