United Arab Emirates Food & Drink Q2 2020

United Arab Emirates Food & Drink Q2 2020

Key View:

We project the food and drink industry in the UAE to record healthy growth over 2020. Household spending growth onfood is forecast to reach 4.5% in 2020, while non-alcoholic drinks will record growth of 17.1%. Expo 2020 is set to increase thenumber of inbound arrivals into the country, boosting both the retail and food services sectors. While the average disposableincome remains high, consumers have become somewhat more price conscious in relation to food and drink spending followingthe introduction of VAT in 2018 and a 'sin tax' in 2017. As the health trend is becoming more prominent among UAE-basedconsumers, we forecast strong growth for low-calorie and more nutritious food and drink products.


Key View
SWOT
Food & Drink SWOT
Industry Forecast
Food
Drink
Industry Risk/Reward Index
MENA Food & Non-Alcoholic Drinks Risk/Reward Index: Declining Country Risk Score Highlights Regional Tensions
Market Overview
Food
Drink
Mass Grocery Retail
Competitive Landscape
Company Profile
Agthia
Aujan
Carrefour MAF
EMKE Group (LuLu)
Foodco
Spinneys
Masafi
Unilever North Africa Middle East
United Arab Emirates Demographic Outlook
Food & Drink Glossary
Food & Drink Methodology

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