UAE Subscription-based Meals Market Size & Insights
According to MarkNtel Advisors study The future of UAE Subscription-based Meals Market size is valued at USD 138.45 million in 2022 and is estimated to grow at a CAGR of around 4.2% during the forecast period, i.e., 2024-30. The market growth attributes to the increasing demand for ready-to-eat food products among the working individuals across the country.
What are the Key Driver in the UAE Subscription-based Meals Market?
Surging Working Population in the Country – The UAE has a stong economy with various industries, commercial offices, and burgeoning job opportunities for the individuals across the globe. The sectors like construction, healthcare, finance etc., are growing rapidly across the country, which is increasing the working population from worldwide in the UAE. The government bodies are effectively focusing towards diversifying its economy, for which it is launching favorable policies for individuals, which is further increasing the number of working population in the country. This, in turn, is resulting in the increasing economy and rising working class population in the UAE. For Instance,
In 2022, as per the World Bank, the population-to-employment ratio was about 91% which was a 2% increase from 2021.
This shift in working class population is leading to the increasing demand for convenient & time saving food options among the individuals. As the individuals have strict timelines & busy schedules due to demanding working condition, the time for cooking is barely left. This is surging the demand for ready to eat and easy to prepare meal options among consumers, which is delivered directly to their doorsteps. Thus, as the consumers are focusing & adopting the subscription-based meals the market growth is surging rapidly in the UAE.
What are the Key Segments in the UAE Subscription-based Meals Market?
The UAE Subscription-based Meals is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Cuisine Type
- International/Wholesome- Market Size & Forecast 2019-2030, (USD Million)
- Indian- Market Size & Forecast 2019-2030, (USD Million)
- Arabic- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
- By Diet Type
- Vegan/Vegetarian- Market Size & Forecast 2019-2030, (USD Million)
- Pescatarian/Non-Vegetarian- Market Size & Forecast 2019-2030, (USD Million)
- By Function
- Fitness (Weight-Loss, Muscle Gain, etc.)- Market Size & Forecast 2019-2030, (USD Million)
- Regular Diet- Market Size & Forecast 2019-2030, (USD Million)
- Diabetic- Market Size & Forecast 2019-2030, (USD Million)
- Others (New Mums, etc.) – Market Size & Forecast 2019-2030, (USD Million)
- By Service Duration
- Weekly- Market Size & Forecast 2019-2030, (USD Million)
- Monthly- Market Size & Forecast 2019-2030, (USD Million)
- Quarterly- Market Size & Forecast 2019-2030, (USD Million)
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How does geographical analysis highlight in the UAE Subscription-based Meals market?
- By Region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates
Who are the Key Players in UAE Subscription-based Meals Market?
Meals On Me Catering Services Llc, Kcal, Delicut, HelloChef, FittMeals, CurryFit, Jetlagged Chef, V Meals, Right Bite, Colour My Plate, and others
UAE Subscription-based Meals Market News
2022: Kcal, launched a brand-new menu with over 30 delicious and healthy dishes ideal for an entire family.
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Why This MarkNtel Advisors Research Report:
- In-depth Market Analysis: Understand trends and dynamics shaping growth.
- Segmented Insights: Target specific segments for focused strategies.
- Geographical Performance: Assess market opportunities by geographic area.
- Emerging Technologies: Discover advancements like AI integration.
- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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