Market Size of United Arab Emirates Energy Bar Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.38 % |
| Market Concentration | Low |
Major Players.webp){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
UAE Energy Bar Market Analysis
The United Arab Emirates Energy Bar Market size is expected to grow from USD 4.85 million in 2023 to USD 6.30 million by 2028, at a CAGR of 5.38% during the forecast period (2023-2028).
In the United Arab Emirates, the need for innovative snacks is consistently high due to the associated convenience of storing, quick usage, and easy provision for nutrition and energy requirements. The staggeringly increased sales of products like snacks, bars, and other convenience foods were observed through online stores, which sustained the demand for energy bars in the market studied. Over the medium term, increasing demand for ready-to-eat healthy food and beverages will boost the growth of the United Arab Emirates energy bars market. Increased influence of westernization, on-the-go healthy convenient pack size, and the growing demand for health and wellness products are among the various factors driving the market.
Moreover, the demand for convenient food/on-the-go snacking option foods is growing at a faster pace due to changes in social and economic patterns, as well as an increase in urbanization, buying power and awareness of healthy foods, changes in meal patterns and existing food habits, and the desire to taste new products. Also, the United Arab Emirates government develops initiatives to increase health awareness. For instance, in August 2022, The SEHHI programme by the Abu Dhabi Public Health Centre (ADPHC) campaign aimed to promote better eating practices and healthy food consumption in the community as a whole. The program makes it easier to find nutritious foods and ingredients in all of the emirate's food establishments, including cafes, restaurants, hotels, hospitals, and grocery shops. Hence, there is a high scope for products that have health benefits, particularly with regard to obesity and diabetes. The major manufacturers focus on developing a wide range of products that can improve the taste, color, flavor, and health benefits of the products. Therefore, the above-mentioned factors drive the energy bar market in the United Arab Emirates.
