UAE Snack Bar Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.52 % |
| Market Concentration | Low |
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*Disclaimer: Major Players sorted in no particular order |
UAE Snack Bar Market Analysis
The UAE Snack Bar Market size is expected to grow from USD 1.46 billion in 2023 to USD 1.83 billion by 2028, at a CAGR of 4.52% during the forecast period (2023-2028).
The focus on healthy eating habits without compromising the taste benefits has led to the growth of the snack bar market in the United Arab Emirates. Snack bars are slowly replacing traditional chocolate and confectionery as a healthier alternative, due to high product innovation by the existing players. Owing to the increasing prevalence of health conditions like diabetes, high blood pressure, and obesity among the young population, people are preferring healthy snacks and snack bars like cereal bars and energy bars. Market players are also considering consumer demands. For instance, Nature Valley, a brand of General Mills Inc., offers Protein Crunch bars, a bar that features a creamy, crunchy texture with 10 grams of protein.
Factors such as busy lifestyles, urbanization, and a more working population of women are driving the market. For instance, according to the World Bank, in 2021, the female labor force participation rate in the United Arab Emirates was 47%, an increase from 46% in the previous year. Also, working outside the home and increasing industrialization have increased the demand for ready-to-eat packaged foods and snacks in the region over the last decade. Dual-income households have also increased demand for snack bars as a meal replacement between meals. Moreover, the increasing penetration of e-commerce websites is also driving the market to grow. As the number of sports enthusiasts in the country grows, so does the demand for healthy snack bars, energy bars, and protein bars, which provide energy for pre- and post-workout sessions. Protein bars have opportunities within functional ingredients, reduced sugar, high fiber, and plant proteins. The market is expected to grow over the medium term, owing to rising disposable income and increased demand for healthy snack bars.
UAE Snack Bar Market Trends
Surge in Popularity of Snack Bars as Meal Replacement
- The United Arab Emirates is a country with a high disposable income. The United Arab Emirates also has more millennials and a young population. Due to jobs and college, people live alone without their families.
- Due to their busy schedules, they do not have time to cook or eat. Consuming snack bars between meals to gain energy is a convenient option for them. Also, an increase in the number of health and fitness centers in the region is driving the market. Market players are preparing snack bars with various nutrients that give instant energy, which is why snack bars are also growing in the fitness industry.
- In addition, Western-style snacks are becoming more popular among consumers, who also want healthier options for snacking. The demand for packaged foods with health benefits has just begun to increase nationwide. According to Interpack data from 2021, 5% of packed food in the world is consumed in the Middle East and is expected to rise by 19% in the United Arab Emirates.
- Moreover, an article published in May 2022 highlighted the findings of a recent survey conducted by the Ministry of Health and Prevention in collaboration with the Ministry of Education and the Abu Dhabi Public Health Centre. The survey revealed that 46% of children were experiencing decreased physical activity levels compared to before the Covid-19 outbreak.
- The children's food and beverage market is inundated with snack and meal replacement options filled with highly processed ingredients and alarmingly high levels of sugar, salt, trans-fats, additives, and stabilizers. These statistics highlight a concerning lack of nutritional adequacy in meeting the needs of its target population.
- As a result, an Indian startup company is bringing nutritious snacks to children in the United Arab Emirates. Keeping the above-mentioned concerns in consideration, companies like Slurrp Farm claim to provide a safe, nutritious snack and mealtime options for young children and their parents. Hence, expanding their market in the United Arab Emirates. Therefore, these factors act as major market drivers in this region.
E-Commerce Sales is the Fastest Growing Segment
- E-commerce sales of snack bars have registered a considerable growth rate in the past few years, owing to the increasing internet penetration rate in the country. The country has gained several recognitions in the field of digital transformation. For instance, according to the World Bank's GovTech Maturity Index 2021, which measures the maturity levels of digital transformation, the UAE has been ranked among the world's best countries in digital government transformation.
- As urbanization and the working population in the United Arab Emirates are increasing, consumers are opting for e-commerce websites like Noon.com, Carrefour.com, Amazon, and many more. In June 2022, Slim Secrets, an Australian snacking brand, launched its range of protein bars on Noon.com. Market brands like TNF, Glanbia PLC, Clif Bar, and many more are available on e-commerce websites like Carrefour, Amazon, Namashi, and many more. E-commerce in the region is growing owing to its convenience and faster delivery services, offers, and discounts.
- Furthermore, consumers' preference for e-commerce over traditional convenience stores is growing due to their busy lifestyles and increased spending power. For instance, in November 2021, a Dubai-based quick-commerce startup, YallaMarket, announced a plan for expansion in the United Arab Emirates and will be stepping into Saudi Arabia and Qatar in the coming year to scale its grocery shopping. Furthermore, as Internet subscriptions are increasing, the use of e-commerce websites is also increasing in the region, which is likely to drive the market over the medium term.
UAE Snack Bar Industry Overview
The United Arab Emirates snack bar market is highly fragmented due to the presence of a large number of players in the market. The region's market is expected to grow due to increased healthy snacking habits. Some of the dominant players in the market are Kellogg's Company, General Mills Inc., The Simply Good Foods Company, Mondelez International, Inc., and Nestlé S.A. Moreover, many local manufacturers are trying to enter the market to address the growing preference for snack bars.
Additionally, players offering protein bars consider various factors to make their products more appealing to customers. Hence, they offer products that have clean labels, are vegan and gluten-free, and have innovative packaging designs.
UAE Snack Bar Market Leaders
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General Mills, Inc.
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The Simply Good Foods Company
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Mondelēz International, Inc.
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Nestlé S.A.
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The Kellogg's Company
*Disclaimer: Major Players sorted in no particular order
UAE Snack Bar Market News
- April 2023: Atkins announced the launch of its new bar flavors. Atkins' new bar product launch includes Atkins Endulge Almond Craze Bar, Atkins Chocolate Caramel Pretzel Snack Bar, and Atkins Crunchalicious Bar.
- February 2023: Nature Foodtech, a Brazilian company, announced the launch of its innovative product, "Date Bar with Collagen" at Gulfood, the biggest food and beverage show in the Middle East, Dubai. The company claims that the dates used in the bars are imported from the United Arab Emirates, from the brand Al Foah. Further, the product is made available in three flavors, including semi-sweet chocolate, cookies and cream, and strawberry.
- January 2023: Grenade and Oreo announced the launch of their co-branded protein bar. The company asserts that the newly developed product contains 21 g of protein and only 1 g of sugar. It has been made available for purchase on Grenade's website.
- December 2022: Snickers, which is part of Mars, Inc., announced the launch of its Snickers Hi Protein bars, a brand-new performance nutrition bar. The company claims that the product features the same satisfying chocolate, caramel, and peanut ingredients identical to Snickers, but this new product is packed with 20 g of protein, offering the nutritional profile that consumers expect.
- April 2022: Quest announced the launch of mini versions of its flagship protein bars. The product offering under this category includes new flavors such as chocolate chip cookie dough and cookies & cream flavors. Further, Quest protein bar products are made available through online retail channels in UAE.
- October 2021: TNF, a New Zealand-based snack bar company, launched its fruit bar in the United Arab Emirates. The fruit bar contains 100% fresh pulp instead of concentrate. TNF Fruit Bars are vegan and vegetarian, gluten-free, dairy-free, and nut-free, and contain no preservatives, additives, or colorants. TNF Fruit Bars are available in three variants: strawberry, apricot, and raspberry.
- August 2021: Emirates Snack Foods (ESF) and Hershey have formed a partnership to expand Hershey's portfolio and develop products to expand the snacking market in the region.
UAE Snack Bar Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definitions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Product Type
- 5.1.1 Cereal Bars
- 5.1.1.1 Granola/Muesli Bars
- 5.1.1.2 Other Cereal Bars
- 5.1.2 Energy Bars
- 5.1.3 Other Snack Bars
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5.2 Distribution Channel
- 5.2.1 Supermarket/Hypermarket
- 5.2.2 Convenience/Grocery Store
- 5.2.3 Specialty Stores
- 5.2.4 Online Retail Stores
- 5.2.5 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
- 6.1 Market Share Analysis
- 6.2 Most Adopted Strategy
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6.3 Company Profiles
- 6.3.1 Kellogg's Company
- 6.3.2 General Mills, Inc.
- 6.3.3 The Simply Good Foods Company
- 6.3.4 Mondelēz International, Inc. (Clif Bar & Company)
- 6.3.5 Nestlé S.A.
- 6.3.6 PepsiCo, Inc.
- 6.3.7 Natural Balance Foods
- 6.3.8 Mars, Incorporated
- 6.3.9 Rise Bar
- 6.3.10 Associated British Foods PLC
- 6.3.11 Glanbia PLC
- 6.3.12 TNF Middle East
- 6.3.13 Nature Foodtech
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityUAE Snack Bar Industry Segmentation
Snack bars provide instant energy and nutrition and contain protein and flavoring ingredients. Snack bars are ready-to-eat baked products made with various ingredients such as granola, oats, chocolate, dried fruits, nuts, coconut oil, honey, peanut butter, and others.
The United Arab Emirates snack bar market is segmented into product types and distribution channels. By product type, the market includes cereal bars, energy bars, and other snack bars. Cereal bars are further sub-segmented into granola/muesli bars and other cereal bars. Based on distribution channels, the market is segmented into supermarkets/hypermarkets, convenience/grocery stores, specialty stores, online retail stores, and other distribution channels.
The market sizing has been done in value terms in USD for all the abovementioned segments.
| Product Type | Cereal Bars | Granola/Muesli Bars |
| Other Cereal Bars | ||
| Product Type | Energy Bars | |
| Other Snack Bars | ||
| Distribution Channel | Supermarket/Hypermarket | |
| Convenience/Grocery Store | ||
| Specialty Stores | ||
| Online Retail Stores | ||
| Other Distribution Channels |
UAE Snack Bar Market Research FAQs
What is the current UAE Snack Bar Market size?
The UAE Snack Bar Market is projected to register a CAGR of 4.52% during the forecast period (2024-2029)
Who are the key players in UAE Snack Bar Market?
General Mills, Inc., The Simply Good Foods Company, Mondelēz International, Inc., Nestlé S.A. and The Kellogg's Company are the major companies operating in the UAE Snack Bar Market.
What years does this UAE Snack Bar Market cover?
The report covers the UAE Snack Bar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the UAE Snack Bar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UAE Snack Bar Industry Report
Statistics for the 2024 UAE Snack Bar market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UAE Snack Bar analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
