Food & Beverages

United Arab Emirates Foodservice: The Future of Foodservice in United Arab Emirates to 2016

  • CAN99637
  • 180 Pages
  • August 2012
  • Food & Beverages
Synopsis
United Arab Emirates Foodservice: The Future of Foodservice in United Arab Emirates to 2016 provides a top-level overview and detailed market, channel, and company-specific insights into the operating environment for foodservice companies. It is an essential tool for companies active across the UAE foodservice value chain, and for new companies considering entering the market.
Scope
Market insight
This report provides readers with unparalleled levels of detail and insight into the development of the foodservice sector within the United Arab Emirates.

Sector analysis
This report provides readers with in-depth data on the valuation and development of both the profit and cost sectors in the United Arab Emirates foodservice market.

Industry data
This report provides details on the number of outlets, transactions, average prices, foodservice sales, sales per outlet, and transactions per outlet per week, across nearly 50 sub-channels.

Forecast data
This report provides highly granular future forecasts and historic market data to aid market and strategic planning.

Market conditions
This report will help you to assess the impact of the economic recession and recovery on foodservice market growth.
Summary
Why was the report written?
This report is the result of Canadeans extensive market and company research covering the United Arab Emirates (UAE) foodservice industry. It provides detailed analysis of both historic and forecast foodservice industry values at channel level, analysis of the leading companies in the industry, and the UAEs business environment and landscape.United Arab Emirates Foodservice: The Future of Foodservice in United Arab Emirates to 2016 provides a top-level overview and detailed market, channel, and company-specific insights into the operating environment for foodservice companies. It is an essential tool for companies active across the UAE foodservice value chain, and for new companies considering entering the market.

What is the current market landscape and what is changing?
The global economic crisis did not have much effect on the UAE foodservice industry. Strong economic indicators drove the industry along with demand for multi-ethnic cuisine because of the diverse demographics and an increase in tourism.

What are the key drivers behind recent market changes?
The strong economic performance, increase in the working women population, and a rise in tourism provide the impetus for growth in the foodservice industry. Additionally, the growth in health awareness and food safety concerns has helped to develop healthier and more nutritious eating habits.

What makes this report unique and essential to read?
United Arab Emirates Foodservice: The Future of Foodservice in United Arab Emirates to 2016 provides a top-level overview and detailed market, channel, and company-specific insights into the operating environment for foodservice companies. It is an essential tool for companies active across the UAE foodservice value chain, and for new companies considering entering the market.
ReasonsToBuy
Strong economy fuels growth of the foodservice industry
A strong economic growth is one of the major growth drivers for the foodservice industry in the UAE. The Emirati economy is dynamic and growing, and is considered to be one of the fastest growing economies in the Middle East and Africa. A reduction in the unemployment rate led to higher footfall and increased consumer spending.

Sporadic changes in inflation affected the industry
The fluctuating inflation rate had a negative impact on the foodservice industry, which rose from 6.2% in 2006 to 12.3% in 2008, but fell to 0.9% in 2010, and is forecast to reach 2.5% in 2012. Fluctuations in inflation influence the purchasing decisions of consumers.

Increase in the influx of tourists driving growth in the foodservice industry
Tourism growth in the UAE has been one of the major factors behind its economic development over the review period. The UAE is one of the most easy to visit Middle East countries due to easily obtained visas. With the growth of the tourism industry and thereby the hotel and leisure industries, the foodservice sector is therefore expected to benefit as well.

Presence of diverse ethnic cultures within the UAE population drives growth in foodservice
Over the review period, demographic and social changes have shaped the growth of the foodservice industry in the UAE. A growth in ethnic diversity within the Emirati society has influenced food consumption patterns and demand.

An increase in the number of working women leads to the preference to eat out
There has been a growth in the proportion of females in the total working population of the country over the review period. Such demographic developments tend to promote the growth of western restaurants, especially fast-food restaurants, cafes, and other quick-service outlets.
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