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UAE Foodservice: The Future of Foodservice in the UAE to 2019

the UAE: UAE Foodservice: The Future of Foodservice Market, 2019

  • August 2015
  • 91 pages
  • ID: 3192035
In this report:
The Department Store sub channel is expected to register highest growth in the channel in terms of sales per outlet at a CAGR of ##.##% during 2014-2019 while the number of Convenience Store outlets will grow fastest at a CAGR of ##.##% during the same period.
The Ice Cream Vendor will be the only sub channel forecast to witness positive growth in terms of sales per outlet at a CAGR of ##.##% during 2014-2019 while Full Service Restaurant sub channel is expected to register highest growth in number of outlets at a CAGR of ##.##% during the same period.

Summary

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Brief

Growing obesity rates and related lifestyle diseases have encouraged Emirati consumers to shift their dietary habits towards healthy foods. The fresh and healthy food trend will also fuel the growth of particular cuisines including Japanese. Moving with the healthy eating trend, food service operators will increase focus on locally sourced ingredients and will continue to develop innovative set-ups to make the eating and dining experience more fun, thrilling, and memorable. Furthermore, the UAE government's focus on developing the tourism market will push the demand for the foodservice industry.

Main highlights

- Driven by big working age population and increasing tourist volume, the Emirati Foodservice market is anticipated to experience a growth of 4.50 percent during 2014-2019.

- Increased public sector investments in non-oil sector will improve labour market condition and drive the economic growth.

- Retail will be the quickest increasing Profit channel in terms of sales during 2014-2019, driven by quick development of the retail sector, particularly in the main cities of Abu Dhabi, Sharjah and Dubai.

- Healthcare will be the quickest increasing Cost channel, driven by the increasing needs of Emiratis owing to growing number of diseases combined with sedentary urban lifestyle.

Abstract

Canadean's UAE Foodservice: The Future of Foodservice in the UAE to 2019 report is a exhaustive analysis of the market with estimations to 2019. The market research gives industry insights into the recent market trends and sector level analysis that will help foodservice operators to recognize increasing opportunities in the sector. It also covers a short overview about the main players.

Why purchasing this study can help you?

- Macro-economic analyses and forecasts: GDP per capita, consumer price index, unemployment rate and age profile, which impact the foodservice market. Special focus on consumer, operator and technology trends that affect the performance of the industry

- Foodservice market attractiveness: details and business insights into the development of the sector from 2009-2019

- Sector analysis: offers detailed data on the valuation and development of both profit and cost sectors, details on the number of outlets, transactions, average price, foodservice sales, sales per outlet, and transactions per outlet across nearly 50 sub-channels

- An overview of top players, together with insights including business descriptions, product profiles and number of outlets

- Regulatory scenario insights for foodservice operators in the UAE market

Great reasons to purchase

- To gain confidence to make the correct business decisions established on An in-depth study of the Emirati Foodservice market and to identify emerging/declining markets over the next 5 years.

- To have a thorough fact based analysis with data about value of the foodservice market across the channels in both the sectors and the underlying factors that are driving the channel sales. For example, the increasing number of inbound tourists, as well as Emirati consumer's frequently visiting Retail outlets as a part of outings and socializing with family and friends, will contribute to the growth of Retail transactions.

- The analysts have placed a meaningful emphasis on the main trends that will shape the foodservice market and will provide a clear picture about the future opportunities that can be explored, resulting in revenue expansion. E.g. moving with the fresh and healthy eating trend, the restaurant operators are integrating traditional cooking styles including Indian Ayurvedic, Japanese Rabatayaki and Korean barbecue, which are considered to be healthy cooking.

- Brief overview of the main foodservice companies in the UAE with info about their business descriptions, product profiles and number of outlets. This will provide a global ambitious landscape of the sector.

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