United Arab Emirates (UAE) Dried Fruit Market Research Report, 2028

United Arab Emirates (UAE) Dried Fruit Market Research Report, 2028

Actual Market Research 31-12-2022 66 Pages Figures : 5 Tables : 16 Region : MEA Country : United Arab Emirates Category : Food & Beverages Food

The UAE has emerged as a regional center for food and beverage production. Investments in modern manufacturing technologies, packaging, and distribution represent the rise of the food processing business. Efforts are being made to reduce reliance on imports. This bodes well for the food processing industry's future. However, in order to satisfy worldwide requirements, hygiene standards will need to be drastically improved. India's food trade with the UAE is expanding. Middle Eastern countries offer excellent opportunities for Indian fruit and vegetable processors. Semi-processed fruit pulps are exported to Gulf countries for conversion into ready-to-drink beverages. As per the World Bank, the population of UAE was 10.08 Million in 2021, of which 6.93 Million are male and 3.13 Million are female. Of the total population, 1.5 million are under the age of 14. The population with an age range of 25–54 is 6.55 Million. The urban population is 8.2 million and the rural population is 1.26 million. As per World Bank, The GDP of UAE was USD 358.87 Billion in 2020, the inflation rate was -2.1%, and the per capita income WAS $36,284.6 (2020). Increasing Population and Rapid Urbanization are the major factors in the growth of the Dried fruit Market. In 2020, the UAE exported $9.9 million in dried fruits, with the main destinations being Oman ($2.53 million), Yemen ($943 million), Somalia ($913 million), Iraq ($827 million), and Iran ($685 million). In 2018, the average tariff for Dried Fruits in the United Arab Emirates was 4.88%. According to the research report, “UAE Dried Food Market Research Report, 2028” published by Actual Market Research, the market is anticipated to add USD 35.87 Million market size by 2028. Reformulating processed foods to make them healthy is becoming more popular. The regional market's top manufacturers are continually exploring for new ways to construct bread and confectionery items, primarily employing dried fruits. Dried fruits are quite stable. The bakery and confectionery business has a lot of room for shelf-stable products such as bakery mixes, biscuits, cookies, and dessert toppings. This is driving the dried fruit industry in the bread and confectionery applications. Rising health consciousness, product differentiation, and convenience will boost the UAE dried food industry. Cereals are becoming more popular, followed by value-added dairy products, fruits and vegetables, and meat-based items. Organic goods, whole wheat bread, and gluten-free items are increasing producers' profit margins. The government's efforts to raise awareness about the need for a well-balanced diet are fuelling positive developments. Future technologies include the Internet of Things in agriculture for food processing and traceability. Millennials in the UAE who use social media are also interested in purchasing high-end things. Chile is also sponsoring a series of events to cement its position as the main exporter of walnuts and dried fruits in the UAE, including a trio of virtual and real business networking possibilities. The VIP sessions will involve a series of lectures explaining the superior quality and health benefits of Chilean products, group discussions, and the option to engage in virtual and live business meetings. Prominent UAE importers have been selected for the exclusive sessions. The first event, the 24th e-business gathering of the Valparaiso Chamber of Commerce, took place from the 27th to the 30th of October. Over 176 Chilean exporters of fresh fruit, nuts, vegetables, and healthy foods participated in a series of 30-minute sessions with importers from the UAE and the rest of the world. ExpoNut 2020, which took place on November 25th, was the second virtual event to take place. It was the largest meeting point for the Chilean nut industry, annually bringing together more than 500 producers, exporters, suppliers, and investors. Supermarkets and hypermarkets dominate the UAE Dried Fruit Market due to the convenience of having all products in one area and many selections at the same time. The Abu Dhabi Cooperative Society, Al Maya (Lal's)/Al Maya, Carrefour Express UAE, Emirates Co-op, Lulu Hypermarket, Safeer Supermarkets Hypermarkets, and Spinneys are the largest hypermarkets and supermarkets in UAE. In recent years, there has been a tremendous increase in internet usage and the use of e-commerce websites to purchase commodities such as Dried fruits in recent years. Carrefour, Walmart, Amazon, and other well-known vertical specialists are attracted to the market. Considered in this report •Geography: United Arab Emirates •Historic year: 2017 •Base year: 2022 •Estimated year: 2023 •Forecast year: 2028 Aspects covered in this report •UAE Dried Fruits market with its value and forecast along with its segments •Various drivers and challenges •On-going trends and developments •Top profiled companies •Strategic recommendation By Type •Dried Apricots •Dried Dates •Dried Grapes / Raisins •Dried Figs •Dried Berries (Cranberries, Cherries, Blueberries, Blackcurrant, Strawberries, Blackberry) •Prunes •Others By Nature •Organic Dried Fruits •Conventional Dried Fruits By Distribution Channel •Hypermarkets/Supermarkets •Specialty Stores •Convenience Stores •Online Retail •Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the dried fruit industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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