Analysis Proves UAE Love for Pizza Reached $1.74 Billion in 2022

UAE’s Love for Pizza is proved by the analysis report. In keeping with Statista, on-line meal supply revenues within the UAE reached USD 1.74 billion in 2022, with a forecast of steady year-over-year development within the following years.

And not using a query, pizza is the delicacies that individuals get pleasure from essentially the most. An estimated 350 slices of pizza are consumed each second within the US alone.

Did you notice that the worldwide marketplace for pizza is a whopping $160 billion? In keeping with Enterprise Wire analysis, the worldwide pizza market is anticipated to succeed in $233 billion in 2023.

Globally, main chains make up a few third of the sector (and greater than half in developed nations just like the U.S.), and prices—together with labor, hire, and commodities—will most likely maintain rising.

With quite a few recent research detailing the nation’s consuming habits 12 months after 12 months, the enterprise can also be booming within the United Arab Emirates. Pizza is reportedly one of many meals which are delivered essentially the most within the UAE, in line with information from quite a few supply corporations.

In a current report titled “United Arab Emirates (UAE) Pizza (Ready Meals) Market Measurement, Development and Forecast Analytics, 2021-2025,” states that the pizza market within the United Arab Emirates skilled a optimistic compound annual development fee (CAGR) of three.77% from 2015 to 2020.

In 2020, gross sales have been valued at AED 20.76 million, a rise of three.74% from 2019. Additionally, in line with the research information, the market carried out greatest in 2019, when it elevated by 4.11% over the earlier 12 months, and worst in 2016, when it elevated by 3.32% over 2015.

See also  Linkedln Specialists Dennis Koutoudis & Emily Pappas Relocate to Dubai

The COVID-19 pandemic has created ongoing, vital market uncertainty, making this research handbook an indispensable useful resource for companies already working in or making ready to enter the United Arab Emirates’ pizza (ready meals) market.

The research handbook’s intensive information supply perception into the market’s operational atmosphere and assure that firm determination are made appropriately based mostly on historic patterns and trade model-based projections.

So, similar to the freshly baked pizza itself, demand for pizza supply in Dubai and general UAE is predicted to be excessive. Don’t be hesitant to put your subsequent order as a result of we all know how a lot you like these tacky slices of heaven. Save a slice or two for us as properly!

Additionally Checkout: