The UAE dairy products market stood at USD1.66 billion in 2020
and is projected to reach USD2.47 billion at a CAGR of 6.89% by 2026 due to the
increasing young population, rising health-conscious consumers and strong per
capita personal income. Moreover, increasing demand for flavored and organic
dairy products among the UAE population, especially through modern grocery and
supermarket channels and changing consumption patterns of consumers are other
factors that are fueling the UAE dairy products market. Rising awareness of the
benefits of consuming pasteurized milk over raw milk and changing consumer
buying behavior are driving the growth in the UAE dairy products market.
Furthermore, the growing popularity of low-fat dairy products is generating
demand for these products from various population segments, and opening new
avenues for companies in the UAE dairy products market.
The buying patterns for dairy products have changed and people
are slowly adapting to change in food habits and with this the demand for the
value-added dairy products such as, cheese, butter and other products etc. has
increased. The increasing demand for dairy products among young population
looking to lead an active and healthy lifestyle is expected to play a
significant role in driving the UAE dairy products market. With increasing
number of lifestyle diseases, the young population is demanding dairy products
on a daily basis, as these products are free from adulterants and chemicals and
are high in nutritional value. The younger generation is also preferring dairy
products due to the fact that they do not contain a high concentration of
chemicals and pesticides. The younger generation believes that the lifestyle
diseases could be controlled by switching to the healthy dairy products. Due to
rising health problems, this has given immense opportunities to manufacturers
to cater to this market. The dairy products that were once popular with the
older generations and menials are now being considered largely by the younger
generations.
Although dairy products are believed to be essential items, the
strict COVID-19 lockdown imposed in the UAE slightly affected retail store
sales. However, the online channel reported higher sales of dairy products
during the lockdown period, as it was the only safe and available option for
the consumers. Koita Foods, a dairy and plant-based drinks company, saw a 350%
rise in online sales last year as consumers working from home during the
COVID-19 pandemic embraced e-commerce and healthier diets.
UAE dairy products market is divided into the following segments
including type, distribution channel, region, and company. In terms of type,
the UAE dairy products market is divided into dairy milk, ghee & butter,
ice cream & milk cream, cheese & spread, yogurt and others. Among them,
dairy milk dominated the UAE dairy products market with a market share of
around 30% in 2020. However, year-on-year trends for dairy milk are declining
in the UAE due to increasing consumer preference towards value-added products
like organic milk, soy milk, especially among young generations. The ghee &
butter segment is the fastest-growing segment in the forecast period due to
longer shelf life and growing demand from the food industry.
Based on distribution channel segment, the UAE dairy products
market is segmented into supermarket/hypermarket, grocery stores, online &
others. Among them, supermarket/hypermarket segment is dominating the UAE dairy
products market due to the availability of all variety of dairy products in
supermarkets.
Based on region, the UAE dairy products market is segmented into
Dubai, Abu Dhabi, Sharjah and rest of UAE. Among which, Dubai accounted for the
majority of market share in the UAE dairy products market on account of
increasing population and rising gross domestic income, and per capita personal
income.
Some of the major players operating in the UAE dairy products
market are Almarai Company, Al Rawabi Dairy Co Llc, Al Ain Farms, Gulf &
Safa Dairies Co LLC, Marmum Dairy Farm LLC and Others.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021E
Forecast Period: 2022F-2026F
Objective
of the Study:
· To analyze the historical growth in the market size of
the UAE dairy products market from 2016 to 2020.
· To estimate and forecast the market size of UAE dairy products
market from 2021 to 2026 and growth rate until 2026.
- To define, classify and forecast the UAE dairy products
market based on type, distribution channel, region, and company.
- To
analyze and forecast the UAE dairy products market size with respect to type (dairy
milk, ghee & butter, ice cream & milk cream, cheese & spread,
yogurt and others)
- To
analyze and forecast the UAE dairy products market size with respect to distribution
channel.
- To
scrutinize the detailed market segmentation and forecast the market size based
on four regions, namely – Dubai, Abu Dhabi, Sharjah and Rest of UAE.
- To
examine competitive developments such as expansions, new product launches,
government policy and investments and new entrants in the UAE dairy products market.
- To
strategically profile leading players operating in the UAE dairy products market.
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TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of leading dairy products companies across the UAE.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the company personnel were also
enquired about their key products, prices of products and competitors. Through
this technique, TechSci Research was able to include the manufacturers which could
not be identified due to the limitations of secondary research. TechSci
Research analyzed the type, distribution channel, and regional presence of all
major dairy products companies across the country.
TechSci Research calculated the UAE dairy
products market size using a top-down approach, where manufacturers’ value
share data for type, distribution channel was recorded and forecast for the
future years. TechSci Research sourced these values from industry experts and
company representatives and externally validated through analyzing historical
sales data of respective segments to arrive at the overall market size. Various
secondary sources such as company annual reports, World Bank, International
Trade Centre, press releases, industry magazines, industry reports, news
dailies, credible paid databases and proprietary databases were also studied by
TechSci Research.
Key Target
Audience:
- Dairy
products manufacturers/importers, suppliers, distributors, and other
stakeholders.
- Trade
associations, organizations, forums, and alliances related to dairy products
market.
- Government
bodies such as regulating authorities and policy makers.
- Market
research and consulting firms.
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders, such as dairy products manufacturers, distributors and dealers.
The study would also help them in deciding which market segments should be targeted
over the coming years to strategize investments and capitalize on growth of the
market.
Report Scope:
In this report, UAE dairy products
market has been segmented into the following categories in addition to the
industry trends which have also been detailed below:
- UAE Dairy Products Market, By Type:
- Dairy
Milk
- Ghee
& Butter
- Ice
Cream & Milk Cream
- Cheese
& Spread
- Yogurt
- Others
·
UAE Dairy Products Market, By Distribution Channel:
o
Supermarket /Hypermarket
o
Grocery stores
o
Online
o
Others
- UAE Dairy Products Market, By Region:
o
Dubai
o
Abu Dhabi
o
Sharjah
o
Rest of UAE
Competitive
Landscape
Company Profiles: Detailed
analysis of the major companies operating in the UAE dairy products market.
Available
Customizations:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
The following customization options are available for the report:
Channel Partner
Analysis
- Detailed
list of distributors and dealers across all major regions.
Company
Information
- Detailed
analysis and profiling of additional market players (up to five).
In
case you don’t find what, you are looking for, please get in touch with our
custom research team at [email protected]