Growing youth segment and increasing working population, rising incomes and rising purchasing power, higher brand consciousness, changing consumer preference, growing urbanization and Increase in number of middle class population are the biggest drivers in the growth of Instant Noodles industry of UAE. Also, lack of time, fast paced life and changing food preferences are also helping Instant Noodles sector to grow in UAE.
Instant Noodles Industry in UAE unlike other emerging economy is still very traditional in nature and is largely controlled by few Cooperatives and Independent Instant Noodles companies. Street markets play an important role in the Instant Noodles industry of UAE as most of the population does their shopping here.
Apart from Maggi, major brands which successfully gained a market share are Panzani, Indomie, Barilla, Peacock and Yupi. There are roughly 20 brands available in UAE and the market is still open for any new entry with smart product. Recently Patanjali Group has launched Noodles in India with name “Patanjali Atta Noodles” and they are looking to enter Middle East market through UAE.
UAE produces negligible quantity of wheat, which is not even enough for its local demand. For production, companies have to source Wheat or wheat flour from other countries and then they can process it in UAE. Preparation of instant noodle, requires a lot of water as well which is another scarce commodity in the country. Thus, most of the prepared noodles is imported and very few companies are producing instant noodles within the country.
UAE is a global trade and business hub, because of which it can easily source anything they want. Dubai is well known for its sea port and trade companies, which imports all food and non-food items to the country and provides supply of them to other countries as well.
What the report offers
The study elucidates the situation of UAE and predicts the growth of its Instant Noodles Market. Report talks about growth, market trends, progress, challenges, opportunities, government regulations, technologies in use, growth forecast, major companies, upcoming companies and projects etc. in the Instant Noodles Sector of UAE. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector.
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2. Executive Summary
3. Key Findings of The Study
4. Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter’s 5 Force Analysis
4.4 PESTEL Analysis
4.5 Industry Policies
5. Market Dynamics
6. Instant Noodles Market
6.2 Segmentation By Raw Material
6.2.1 Wheat Floor
6.2.2 Rice Flour
6.2.3 Moong bean Starch
6.2.4 Buck Wheat
6.2.5 Very Fine Wheat Flour/Maida Floor/Cake Flour
6.3 Segmentation By Types of Dishes
6.3.1 Basic Noodles
6.3.2 Noodles Soup
7. Investment Analysis
7.1 Recent Mergers And Acquisitions
7.2 Investment Outlook
8. Future of Instant Noodles Market
9. List of figures
10.List of Tables