UAE Subscription-based Meal Market Analysis by Leading Companies: Kcal, Meals On Me Catering Services Llc, etc.

Markntel Advisors, a leading consulting, data analytics, and market research firm, recently published an analytical report description that describes the recent achievements and developments of prominent players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the growth of the UAE Subscription-based Meal market. One of the leading players Kcal, launched a brand-new menu with over 30 delicious and healthy dishes ideal for an entire family.

The report further comprises, “UAE Subscription-based Meal Market Research Report: Forecast (2024-2030)”, According to the report, the 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 is attributed to the increasing demand for ready-to-eat food products among working individuals across the country.

Bifurcation Analysis Based On Cuisine Type and Diet Type

The UAE Subscription-based Meal market is segmented into four segments based on cuisine type, diet type, function, and service duration

• Based on Cuisine Type the market is segmented into International/Wholesome, Indian, Arabic, and Others
• Based on the Diet Type the market is segmented into Vegan/Vegetarian, Pescatarian/Non-Vegetarian
• Based on Function the market is segmented into Fitness (Weight-Loss, Muscle Gain, etc.), Regular Diet, Diabetic, and Others (New Mums, etc.)
• Based on Service Duration, the market is segmented into Weekly, Monthly, and Quarterly

Key Takeaways

• Customization: XX%
• Study Period: UAE Subscription-based Meal market report historical data – 2020-23, Base year – 2024, and Forecast Period- 2024-30
• Market Growth: The UAE Subscription-based Meal Market is estimated to grow at a CAGR of around 4.2% during the forecast period, i.e., 2024-30.
• Growth Driver: The UAE Subscription-based Meal market is expected to expand owing to the surging working population in the country
• Growth Challenges: The UAE Subscription-based Meal market is expected to be hampered owing to the fluctuation in raw material availability which results in rising food delivery costs
• By Cuisine Type: The International/Wholesome led the market segment, owing to the cultural diversity and rising food tourism in the country
• By Diet Type: The Vegan/Vegetarian led the market segment because of the rising vegan population driven by environmental concerns and health & wellness trends

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the geography?
4. How has the industry been evolving in terms of geography & Subscription-based Meal adoption?
5. How has the competition been shaping up across the geography?
6. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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