UAE Canned Food Market (2024-2030) | Size, Outlook, Growth, Forecast, Companies, Industry, Share, Trends, Analysis, Value & Revenue

UAE Canned Food Market Highlights

Report Name	UAE Canned Food Market
Forecast period	2024-2030
CAGR	8.4%
Growing Sector	Retail

Topics Covered in UAE Canned Food Market Report

The UAE Canned Food Market Report thoroughly covers the market by Product, Type and Distribution Channels. The UAE Canned Food Market Outlook report provides an unbiased and detailed analysis of the ongoing UAE Canned Food Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.

UAE Canned Food Market Synopsis

UAE Canned Food Market is expanding at an astonishing rate owing to the growing urbanization and busy lifestyle of the residents. In addition, growing expatriate population is proliferating the market growth. Key players in the market are diversifying their product offerings and enriching the packaging to lure across larger consumer base. Moreover, developments in packaging technology also drives the growth of this market. Overall, the UAE Canned Food Market offers significant growth and development opportunities.

According to 6Wresearch, the UAE Canned Food Market is anticipated to grow at a CAGR of 8.4% during 2024-2030. One of the key drivers of the UAE Canned Food Market is the rapid urbanization coupled with busy lifestyles of the population that have boosted the demand for on-the-go meal solutions, which in turn makes canned foods an attractive proposition. In addition, the rising expatriate community has diversified eating habits fuelling a range of canned food options on racks. Furthermore, the development of packaging technology has enhanced both quality and shelf life in canned foods which drives consumer buying behaviour. In addition, increasing awareness regarding food safety and hygiene especially in the wake of recent global health issues have made consumers prefer more well-packed canned foods.

However, the UAE Canned Food Market faces many challenges that hinder its growth. The main issue is the shifting consumer preference towards fresh and organic products rather than canned goods, thus reducing customer base. In addition, UAE has some of the strictest import laws and quality benchmarks which make it difficult for foreign brands to even enter the market leading to a limited diversity in product offering. Furthermore, higher costs of raw materials and production make canned food less appealing for price-conscious consumers. Moreover, competition from domestic and foreign companies have given rise to price wars that further strain profit margins.

UAE Canned Food Market: Leading Players

Some of the major players operating in UAE Canned Food Market are Al Islami Foods, Nestle Middle East FZE, Emirates Snack Foods LLC, Mars GCC FZE and Del Monte. These companies have a major presence in the UAE market and offer a wide range of canned food products such as fruits, vegetables, meat, seafood, and ready-to-eat meals.

UAE Canned Food Market: Government Initiatives

The UAE government has significantly influenced the growth of the Canned Food Market through strategic initiatives. One such initiative is providing incentives for native companies to employ eco-friendly packaging, aligning with broader environmental aims. In addition, the "UAE Smart Food Initiative" stimulates innovation in food technologies, boosting production processes and shelf life of canned goods. Furthermore, the government has launched favourable regulations, such as decreased duties on imported items, to render canned food products more affordable for customers. Moreover, investment in state-of-the-art food storage and processing technology is being urged to heighten the quality and endurance of canned goods.

Future Insights of the Market

The UAE Canned Food Market is projected to expand substantially in the coming years. This growth is driven by the increasing urbanization and hectic lifestyle of the people. In addition, rising expatriate population is also boosting the market growth. The major players in the market are expanding their range of products and improving packaging to attract a wider consumer base. Moreover, advancements in packaging technology fuel the growth of this market. Overall, the future of the UAE Canned Food Market looks promising, with many opportunities for growth and development.

Market Segmentation by Product

According to Ravi Bhandari, Research Head, 6Wresearch, the canned fruit and vegetable segment is the dominant segment in the industry and will continue to grow in the coming years. This growth is due to the increase in health consciousness among consumers, growing demand for organic & natural products and rise in inclination towards veganism.

Market Segmentation by Type

Based on Type, the conventional segment is the leading segment in the industry and will continue to grow in the coming years. This expansion is due to the affordability, availability and much greater choice available when compared with organic canned food products.

Market Segmentation by Distribution Channels

In terms of Distribution Channels, the supermarket/hypermarket segment is the dominant segment in the industry and will continue to grow in the coming years. This can be attributed to the more variety, accessibility and offers available at these stores.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• UAE Canned Food Market Overview
• UAE Canned Food Market Outlook
• UAE Canned Food Market Forecast
• UAE Canned Food Market Size and UAE Canned Food Market Forecast until 2030
• UAE Canned Food Market Share, By Types
• UAE Canned Food Market Share, By Product
• UAE Canned Food Market Share, By Distribution Channels
• UAE Canned Food Market Share, By Region
• Historical Data of UAE Canned Food Market Revenues and Volume for the period, 2020-2030
• Market size and Forecast of UAE Canned Food Market Revenues and Volume until 2030
• Historical Data of UAE Canned Food Market Revenues and Volume, By Types, for the Period 2020-2030
• Market size and Forecast of UAE Canned Food Market Revenues and Volume, By Types, until 2030
• Historical Data of UAE Canned Food Market Revenues and Volume, By Product, for the Period 2020-2030
• Market size and Forecast of UAE Canned Food Market Revenues and Volume, By Product, until 2030
• Historical Data of UAE Canned Food Market Revenues and Volume, By Distribution Channels, for the Period 2020-2030
• Market size and Forecast of UAE Canned Food Market Revenues and Volume, By Distribution Channels, until 2030
• Historical Data of UAE Canned Food Market Revenues and Volume, By Region, for the Period 2020-2030
• Market size and Forecast of UAE Canned Food Market Revenues and Volume, By Region, until 2030
• UAE Canned Food Market Drivers and Restraints
• UAE Canned Food Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• UAE Canned Food Market Opportunity Assessment
• UAE Canned Food Market Revenue Share, By Company
• UAE Canned Food Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

• Canned Meat and Seafood
• Canned Fruits and Vegetables
• Canned Ready Meals
• Others

By Type

• Organic
• Conventional

By Distribution Channels

• Supermarket/Hypermarket
• Online Retail Stores
• Convenience Stores
• Others

UAE Canned Food Market (2024-2030):FAQs