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UAE Foodservice Future Market Growth, Trend, Research and Forecast by 2021: Radiant Insights, Inc

Value generated in the UAE's profit sector foodservice market grew at a substantial CAGR of 5.4% between 2014 and 2016, outstripping many European and
Annesa Saha | 27.07.2017
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Summary

Value generated in the UAE's profit sector foodservice market grew at a substantial CAGR of 5.4% between 2014 and 2016, outstripping many European and American markets. Spiraling operational costs, declining population growth and the introduction of a 5% VAT tax from 2018 have, however, created considerable risks for potential entrants to the market.

Whilst frequent out of home meals remain an inescapable aspect of everyday life in the UAE, an abundance of choice has made competition fierce. Operators have been given some respite from the UAE's large expatriate population, with Western food trends transitioning well. This has largely negated the need for costly rebranding or product development.

Meal delivery plans are expected to gain prominence over future years owing to both a culture of long working hours and the development of a recognized postal system.

Browse Full Report With TOC @ http://www.radiantinsights.com/research/uae-the-future-of-foodservice-to-2021

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 and Coffee & Tea Shops) 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 Emirati population.

- Key players: Overview of market leaders within the three major channels including business descriptions and number of outlets.

- Case Studies: Learn from examples of recent successes and failures within the Emirati foodservice market.

Download sample Copy of This Report at: http://www.radiantinsights.com/research/uae-the-future-of-foodservice-to-2021/request-sample

Scope

- Recent economic concerns, including a prolonged decline in the value of oil, haven't had a significant impact on demand for out-of-home foodservice to-date.

- A continuous cycle of brands, concepts and product innovation entering the market has made it increasingly easy for brands to become 'lost in the crowd'.

- Cooling population growth has forced operators to rely on heighten levels of consumer spending, incentivizing 'ultra-premium' product development.

Reasons To Buy

- Specific forecasts of the UAE' foodservice market over the next five years (2016-2021) 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 shops) will allow readers understand the wants and needs of their target demographics.

- Relevant case studies will allow readers to learn from and apply lessons discovered by emerging and major players within the UAE's foodservice market.

About Radiant Insights

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

For More Information, Visit Radiant Insights

Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com    
Blog URL: http://www.radiantinsightsinc.blogspot.com