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Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)
Key regions: Spain, Japan, China, Philippines, United Kingdom
The Spreads & Sweeteners market in the United Arab Emirates has seen slight growth, influenced by factors such as consumer health consciousness, increasing use of digital technologies, and the convenience of online health services. However, the market's growth rate remains limited due to challenges faced by sub-markets within the food industry.
Customer preferences: As consumers in the United Arab Emirates become more health-conscious, there is a growing demand for organic and natural spreads and sweeteners. This trend is driven by a shift towards clean eating and a desire for healthier options. Additionally, there is a rising preference for locally sourced ingredients, reflecting the country's cultural emphasis on fresh, traditional foods. This has led to an increase in small-scale, artisanal producers entering the market, offering unique and high-quality products.
Trends in the market: In United Arab Emirates, the Spreads & Sweeteners market is seeing a rise in demand for healthier alternatives, with consumers becoming more health-conscious and seeking out options with natural ingredients. This trend is expected to continue, as consumers are increasingly looking for products that align with their wellness goals. The significance of this trend is reflected in the increasing number of companies offering organic and natural spreads and sweeteners, and the potential implications for industry stakeholders include the need for innovation and diversification to cater to changing consumer preferences.
Local special circumstances: In the United Arab Emirates, the Spreads & Sweeteners Market within The Food market is shaped by the country's cultural and religious influences. The demand for halal-certified products drives the market, with a growing preference for natural sweeteners like honey and dates. The country's hot climate also influences consumer preferences, with a greater demand for spreads and sweeteners that can withstand high temperatures. Additionally, the government's efforts to promote a healthy lifestyle have led to a rise in demand for natural and organic options in the market.
Underlying macroeconomic factors: The Spreads & Sweeteners Market in the United Arab Emirates is greatly impacted by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. The country's strong economic health, supported by its oil reserves and diversified economy, has created a favorable environment for market growth. Additionally, the government's focus on promoting food security and reducing dependency on imports has led to increased investment in the food industry, including the Spreads & Sweeteners Market. Furthermore, the growing health consciousness and demand for healthier, natural sweeteners have influenced market trends, as consumers are willing to pay a premium for quality products. These factors, along with the country's stable political climate, have contributed to the steady growth of the Spreads & Sweeteners Market in the United Arab Emirates.
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.Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)