UAE Meat Substitutes Market Opportunities, Trends, Growth Analysis and Forecast to 2027

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UAE Meat Substitutes Market Overview

The UAE meat substitutes market was valued at AED49.4 million ($13.5 million) in 2022 and is expected to grow at a CAGR of more than 4% during 2022-2027. The Single cell protein (fungi/algae) meat substitutes was the largest category in 2022.

The soy-based category is forecast to register the fastest value growth, followed by grain-based and single cell protein (fungi/algae) during 2022-2027.

UAE Meat Substitutes Market Outlook, (AED Million, 2022)

UAE Meat Substitutes Market Outlook, (AED Million, 2022)

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The UAE meat substitutes market report provides an overview of the overall sector value and volume data with growth analysis from 2017-2027. The report also offers value and growth analysis of individual segment share within each category and the change in their market share forecast for 2022-2027.

Market size 2022 AED49.4 million ($13.5 million)
CAGR % >4%
Review Period 2017-2022
Forecast period 2023-2027
Segmentations ·       By Categories

·       By Distribution Channel

Major Players ·       Koemar General Trading

·       Atlantic Natural Foods

·       Companion Foods

·       Beyond Meat

·       Wholesome Provisions

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UAE Meat Substitutes Market - Competitive Landscape

Krishna Koemar General Trading offers its products under the Tidjoori brand.

Some of the key brands in the UAE meat substitutes market are Krishna Koemar General Trading, Atlantic Natural Foods, Companion Foods, Beyond Meat, and Wholesome Provisions. Krishna Koemar General Trading had the highest share in the UAE meat substitutes sector in 2022, followed by Atlantic Natural Foods, and Companion Foods.

UAE Meat Substitutes Market, by Brands, 2022 (%)

UAE Meat Substitutes Market, by Brands, 2022 (%)

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Segmentation covered in the UAE Meat Substitutes Market Report:

Category

Distribution Channel

·       Soy-Based Meat Substitutes

·       Grain-Based Meat Substitutes

·       Single Cell Protein (Fungi/Algae)

·       Vegetable/Plant Based Proteins

·       Hypermarkets & Supermarkets

·       Convenience Stores

·       E-Retailers

·       Food & Drinks Specialists

·       Others

UAE Meat Substitutes Market, Segmentation by Categories

“The soy-based category is forecast to register the fastest value growth and gain market share in value terms during 2022–27.”

The key categories in the UAE meat substitute market are vegetable/plant-based proteins, soy-based meat substitutes, grain-based meat substitutes, and single cell protein (fungi/algae). The single cell protein (fungi/algae) meat substitute was the largest category in 2022.

UAE Meat Substitutes Market, by Categories, 2022 (%)

UAE Meat Substitutes Market, by Categories, 2022 (%)

For more category insights on the UAE meat substitutes market, download a free report sample

UAE Meat Substitutes Market, Segmentation by Distribution Channels

The key distribution channels in the UAE meat substitute market are hypermarkets & supermarkets, convenience stores, e-retailers, food & drinks specialists, and others. Hypermarkets & supermarkets was the leading distribution channel in the UAE meat substitute sector in 2022, followed by convenience stores.

UAE Meat Substitutes Market, by Distribution Channel, 2022 (%)

UAE Meat Substitutes Market, by Distribution Channel, 2022 (%)

For more distribution channel insights on the UAE meat substitutes market, download a free report sample

Segments Covered in the Report

UAE Meat Substitutes Market Outlook, by Categories (Value, 2017-2027, AED Million)

  • Soy-Based Meat Substitutes
  • Grain-Based Meat Substitutes
  • Single cell protein (fungi/algae)

UAE Meat Substitutes Market Outlook, by Distribution Channels (Value, 2017-2027, AED Million)

  • Hypermarkets & Supermarkets
  • Convenience Stores
  • E-Retailers
  • Food & Drinks Specialists
  • Others

Scope

  • Sector data: Overall sector value and volume data with growth analysis for 2017-2027
  • Category coverage: Value and growth analysis for grain based, soy based, and vegetable/plant based proteins with inputs on individual segment share within each category and the change in their market share forecast for 2022-27
  • Leading players: Market share of companies (in value terms) in 2022
  • Distribution data: Provides analysis on the leading distribution channels, both at a sector and category level in 2022. The consumer sector reports cover the following 11 distribution channels: cash & carriers and warehouse clubs, convenience stores, department stores, “dollar stores”, variety stores & general merchandise retailers, e-retailers, hypermarkets & supermarkets, food & drinks specialists, and other general retailers.

Reasons to Buy

  • 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 company share analysis to plan effective market positioning.
  • Our team of analysts has 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.
  • Analysis of key macroeconomic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, employed people, and unemployment rate. It also includes an economic summary of the country along with the labor market and demographic trends.

To know about our Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at GlobalData.

KRISHNA KOEMAR GENERAL TRADING
Atlantic Natural Foods Company
Companion Foods
Beyond Meat
Wholesome Provisions
TOPAS
Conagra Brands
Future Farm. The Hain Celestial Group
Dixie Foods
House Foods Group
Morinaga Milk Industry
BVTCHER
PACIFIC FOODS OF OREGON

Table of Contents

  • 1. Executive Summary
  • 2. Market Environment

    • 2.1. Value and Volume Share of UAE in the Global and MEA Markets
    • 2.2. Growth Analysis of UAE Compared to Other Leading Countries in the MEA Market
    • 2.3. PCC and PCE of UAE Compared to the Global and MEA Markets

  • 3. Sector Deep Dive

    • 3.1. UAE Meat substitutes Sector Snapshot
    • 3.2. Market Size Analysis
    • 3.3. Cross-category Comparison – Value Growth Analysis and Category Winners and Losers
    • 3.4. Cross-category Comparison – Volume Growth Analysis and Category Winners and Losers

  • 4. Category Deep Dive

    • 4.1. Per Capita Consumption Analysis by Category
    • 4.2. Market Size Analysis – Category: Grain-based
    • 4.3. Segment-Level Analysis (in Value & volume Terms) – Grain-based
    • 4.4. Market Size Analysis – Category: Single cell protein (Fungi/Algae)
    • 4.5. Segment-Level Analysis (in Value & Volume Terms) – Single cell protein (Fungi/Algae)
    • 4.6. Market Size Analysis – Category: Soy based
    • 4.7. Segment-Level Analysis (in Value Terms) – Soy based
    • 4.8. Segment-Level Analysis (in Volume Terms) – Soy based
    • 4.9. Market Size Analysis – Category: Vegetable/Plant based proteins
    • 4.10. Segment-Level Analysis (in Value Terms) – Vegetable/Plant based proteins
    • 4.11. Segment-Level Analysis (in Volume Terms) – Vegetable/Plant based proteins

  • 5. Distribution Analysis

    • 5.1. Channel Share Analysis

  • 6. Competitive Environment

    • 6.1. Leading Companies Value Share
    • 6.2. Brand Share Analysis of Top Companies
    • 6.3. Brand Share Analysis of Top Companies by Category
    • 6.4. Degree of Consolidation/Fragmentation by Category

  • 7. Macroeconomic Analysis

    • 7.1. GDP Growth and Inflation
    • 7.2. Population Growth
    • 7.3. Labor Market Trend
    • 7.4. Economic Summary, Labor Market, and Demographic Trends
    • 7.5. UAE Risk Index (GCRI) 2022
    • 7.6. UAE Risk Analysis – Compared to Global and MEA Markets

  • 8. Methodology
  • 9. Definitions
  • 10. Appendix

Frequently asked questions

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