Key regions: South Korea, Philippines, Canada, United States, Japan
The Sweeteners market in the United Arab Emirates (UAE) is witnessing moderate growth, influenced by factors such as increasing consumer health consciousness, growing demand for healthier alternatives to sugar, and the convenience of online shopping. However, the market is facing challenges due to the dominance of traditional sweeteners like honey and sugar, and the slower adoption of artificial sweeteners. These factors have resulted in a minimal growth rate for the overall Spreads & Sweeteners market in the UAE.
Customer preferences: As consumers become more health-conscious, there has been a growing demand for natural and plant-based sweeteners in the United Arab Emirates. This trend is driven by a desire for healthier alternatives to traditional sugar and artificial sweeteners. Additionally, with the rise of veganism and flexitarianism, there is also a demand for sweeteners that cater to these dietary preferences. As a result, companies are increasingly offering products that are free from animal-derived ingredients and are labeled as vegan-friendly. This shift towards plant-based sweeteners reflects the cultural and lifestyle factors of the region, where there is a strong emphasis on health and wellness.
Trends in the market: In the United Arab Emirates, the Spreads & Sweeteners Market within The Food market is seeing a surge in demand for natural and healthier sweeteners, such as honey and stevia. This trend is driven by increasing health consciousness among consumers and a growing preference for clean-label products. As a result, major players in the market are investing in research and development to introduce new and innovative sweeteners. This trend is expected to continue in the coming years, presenting opportunities for industry stakeholders to tap into the growing demand for healthier sweeteners.
Local special circumstances: In the United Arab Emirates, the Sweeteners Market of the Spreads & Sweeteners Market within The Food market is influenced by the country's unique cultural and regulatory environment. As a Muslim-majority country, there is a strong demand for halal-certified sweeteners, leading to a growing market for natural and plant-based alternatives. Additionally, the government's initiatives to promote healthy eating habits have encouraged the use of natural sweeteners in food products, driving the market growth. Furthermore, the country's strategic location and free trade zones have attracted international players to enter the market, bringing in a diverse range of sweetener options for consumers.
Underlying macroeconomic factors: The Sweeteners Market of the Spreads & Sweeteners Market within The Food market in the United Arab Emirates is heavily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. The country's strong economic growth, favorable regulatory environment, and significant investment in infrastructure are contributing to the growth of the market. Additionally, the increasing health consciousness and demand for healthier food options in the region are driving the demand for sweeteners and spreads made from natural ingredients. Furthermore, the growing population and rising disposable incomes are also major factors driving market growth in the country.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.
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