United Arab Emirates Bakery & Cereals - Market Assessment and Forecasts to 2028

The UAE's bakery & cereals sector is expected to grow from AED5.4 billion ($1.5 billion) in 2023 to AED7.5 billion ($2.0 billion) in 2028, at a CAGR of 6.8%. In volume terms, the sector is expected to grow from 383.5 million kg in 2023 to 457.8 million kg in 2028, registering a CAGR of 3.6%. Bread & rolls was the largest category in value and volume terms, while breakfast cereals is forecast to register the fastest growth in value and volume terms during 2023-28. Modern Bakery L.L.C., Kellogg's Company, and Mondelez International, Inc, were the top three companies in the UAE's bakery & cereals sector.

Scope

• Per capita consumption of bakery & cereals in the UAE was higher than regional and global levels in 2023.
• The per capita consumption of bread & rolls was higher in the UAE than other bakery & cereals categories in 2023
• Hypermarkets & supermarkets was the leading distribution channel in the UAE's bakery & cereals sector, with a value share of 46.8% in 2023
• Modern Bakery accounted for a value share of 5.2% in 2023

Reasons to Buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.