Food & Beverages

Consumer and Market Insights: Syrups and Spreads Market in the UAE

  • CAN420822
  • 79 Pages
  • February 2016
  • Food & Beverages
Summary
The UAE is a very cosmopolitan society with people from different countries making it their home. Exposure to cultures from different parts of the world has spurred demand for Syrups and Spreads offering new tastes and flavors. Sweet Spreads is the leading value category, accounting for just a little less than two-thirds of the overall Syrups and Spreads market in 2015. Savory Spreads category is forecast to register the fastest growth during the forecast period.

Key Findings
-Of the five categories analyzed, Sweet Spreads will be the largest value category registering a CAGR of 9.2% during 2015-2020

-Men account for majority of Molasses consumption in the UAE

-Hypermarkets and Supermarkets is the leading distribution channel in the UAE food market, accounted for half of the distribution share.

- Private label products had high market penetration of 17.5% in 2015. They compete with brands, which has resulted in a Private Label products gaining market share from brands during 2012-2015

-The Syrups and Spreads market in the UAE is led by players such as Hero Group and Ferrero SPA

-Jams and Jellies in convenient and attractive packaging will experience faster growth in the UAE Syrups and Spreads market

Synopsis
Canadean's Consumer and Market Insights report on the Syrups and Spreads market in the UAE provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?

-Market data: Overall market value and volume data with growth analysis for 2015-2020

-Category coverage: Value and growth analysis for Syrups, Molasses, Sweet Spreads, Jams, Jellies and Preserves and Savory Spreads, with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020

-Leading players: Market share of brands and private labels, including private label growth analysis from 2012-2015

-Distribution data: Percentage of sales within each category through channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and others in 2015

-Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for flexible packaging, rigid plastics, rigid metal and others; container data for: Jar, Tub, Can-Food and others

-Consumer level trends: Top four consumer trends which influence Spirits consumption

-Future outlook: Reviews and recommendations on how the market will shape up from 2015-2020

ReasonsToBuy
-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 brand 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

-Access the key and most influential consumer trends driving Spirits consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target

-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
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