UAE Cheese Market Size to Undergo Exponential Growth at a CAGR of 4.4% by 2030- Says Markntel Advisors

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The UAE Cheese Market size was valued at USD 362 Million in 2024 and is estimated to grow at a CAGR of around 4.40% during the forecast period, i.e., 2024-30.

The latest study released on the UAE Cheese market by Markntel Advisors evaluates market size, trend, and forecast to 2030. The Cheese market study covers substantial research data by analyzing market trends, growth drivers, opportunities, upcoming challenges, and competitive landscape. According to the report, the UAE Cheese Market size was valued at around USD 362 Million in 2024. Looking forward, Markntel Advisors estimated the industry to grow at a CAGR of about 4.4% during the forecast period, i.e., 2024-30.

What is Cheese?

Cheese is referred to as a dairy product that is produced in a wide range of flavors, textures, and forms by coagulating the milk protein casein, usually derived from the milk of cows, buffalo, goats, or sheep. The widespread usage of cheese for the preparation of dishes in the hospitality sector comprising hotels and restaurants is driving the demand for cheese.

What are the Growth Prospects and Trends in the UAE Cheese Market?

The growth factors shaping the UAE Cheese industry are as follows:

·         Rising adoption of cheese in the preparation of traditional as well as international delicacies

·         Growing popularity of conventional dishes

·         Intensifying tourism across the UAE

·         Policies laid down by the government to promote industrialization

·         Implementation of zero taxation policy to attract widespread global brands

·         Cost-effectiveness of cheese and other dairy products across the country

·         Increasing collaboration among cheese manufacturers and F&B companies

·         Inclination toward vegan or plant-based cheese

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What are the Challenges Restricting the Expansion of UAE Cheese Market Growth?

The major components hampering the industry's growth are stated below:

·         Rising awareness associated with cholesterol/obesity

What is included in Industry Segmentation?

The report has segmented the market into the following categories:

Division by Product:

·         Spreadable Cheese [Cream Cheese, Reconstituted Cheese],

·         Processed Cheese (Excluding Spreadable),

·         Soft Cheese [Halloumi (Hellim), Mozzarella],

·         Hard Cheese [Cheddar, Parmesan]

Based on the Product, processed cheese holds the potential shares in the historical years. This flourishing growth is further driven by the extended shelf life of the product, the alluring flavor profile, and the versatility, and price affordability. Moreover, the expanding fast food outlets in the UAE are projected to escalate the requirements for processed cheese in the fourth coming years.

Division by Distribution Channel:

·         Offline, [Supermarkets/ Hypermarkets-, Brand Owned Outlets, Convenience Stores],

·         Online

On the basis of distribution channels, the offline segment attained the highest shares in previous years, growing consumer preference to buy dairy products from physical stores after verifying the expiry date with quality assurance. Meanwhile, the rapid penetration of digitalization across the UAE further boosts the sales of cheese using online channels.

Division by Type:

·         Natural,

·         Processed

Division by Source:

·         Animal,

·         Plant-Based

Division by Application:

·         Bakery & Confectionery,

·         Snacks & Cereals,

·         Ready Meals,

·         Sauces & Dips, and Others (Processed Food, Desserts, etc.))

How Industry Players Strengthen the Growth of the Cheese Industry Worldwide?

To strengthen their market position, certain market players such as Arla Foods National Products Co LLC, Almarai Co Ltd., Lactalis Dairy Product & Trading (Middle East) DMCC, Frieslandcampina Middle East DMCC, Bel Middle East FZ LLC, The Bega Co-operative Society Ltd., Milchwerke Oberfranken West eG, Gebr Woerle GmbH, Al Safi Danone Ltd., Wassim Sajt Kft, and others (Latbri SpA, Glenstal Foods Ltd., etc), are operating, not only to raise revenue but also to seek comprehensive attention and popularity from large customers. Therefore, looking forward to futuristic growth and betterment.

Future Analysis of the UAE Cheese Industry

According to the recent report published by Markntel Advisors, the UAE cheese industry is projected to seek lucrative growth and expansion during the forecasting years, i.e., 2024-30. This is attributed to the burgeoning factors, changing market landscape, and paving new doors for industry players. To support changing market dynamics and sustain consumer expectations, these players accelerate their market size and revenue. Additionally, market players with the help of SWOT analysis can adjust their existing settings regarding the evolving market trends, which would ultimately augment the size & volume of the entire industry at the country level.

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