United Arab Emirates (UAE) Foodservice Market Assessment, Channel Dynamics, Customer Segmentation, Key Players and Forecast to 2025

“United Arab Emirates (UAE) Foodservice Market Assessment, Channel Dynamics, Customer Segmentation, Key Players and Forecast to 2025” published by the publisher provides extensive insight and analysis of the UAE Foodservice market over the next five years (2020-2025) and acts as a vital point of reference for operators or suppliers.

The UAE foodservice profit sector contracted at a CAGR of 7.9% during 2015-2020. The restrictions on international tourist arrivals and decline in domestic consumption of goods resulted in significant losses across the hospitality and foodservice sectors. To mitigate the losses, operators migrated towards digital presence and focused on the introduction of cloud kitchens in 2020 to gain popularity among convenience-seeking consumers. However, the foodservice industry is projected to rebound over the forecast period, supported by recovery of economy and digitalization of outlets.

The report includes:

• Overview of the UAE's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the UAE's foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.
• Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shop, and Pub, Club & Bar) within the UAE's foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
• Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the UAE population.
• Key players: Overview of market leaders within the three major channels including business descriptions and number of outlets.

Scope

• QSR is the largest channel in the UAE foodservice profit sector by revenue, representing 40.4% of total sector revenue in 2020. The accommodation channel is the second most prominent channel, with a market share of 19.2%. QSR’s large market share can be attributed to its high number of transactions and convenient, low-cost offerings when compared to other channels.
• The QSR channel registered an increase in outlet growth during 2015-2020. The total number of outlets in the QSR channel increased at a CAGR of 0.6% during this period. Meanwhile, accommodation channel also registered an increase in outlet growth during same period.
• Delivery and take-away transactions surged in 2020 owing to the restrictions on the operation of restaurants and cafes and the implementation of social distancing norms amid the pandemic.

Reasons to Buy

• Specific forecasts of the foodservice market over the next five years (2020-2025) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
• Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shop, and Pub, Club & Bar) will allow readers understand the wants and needs of their target demographics.