The fish and seafood market in United Arab Emirates was valued at 1.75 billion USD in 2016 (calculated in retail selling prices). From 2016 to 2020, it grew at a compound annual growth rate (CAGR) of 6.13% to reach 2.21 billion USD. The market is segmented into fresh seafood, processed fish and seafood, and fresh fish. In 2020, the segments recorded shares of 20%, 27%, and 53%, respectively.
In 2016, the per capita consumption value of fish and seafood in United Arab Emirates was 186.41 USD (in retail prices). Until 2020, the consumption increased at a CAGR of 4.68% to reach 223.85 USD. That was higher than the average value for Middle East, whose per capita consumption of fish and seafood was equal to 175.04 USD in 2020.
The market research report presents a strategic analysis of the market and a forecast for its development in the medium term. The research study provides a comprehensive overview of the market:
- Volume and value size and dynamics,
- Structure and characteristics;
- Competitive landscape and major companies;
- Trends and challenges;
- Growth and demand drivers;
- Consumption and prices;
- Imports and exports;
- Forecast for development.
The report also provides socio-economic data for the region and a product breakdown, offering a broader perspective on the market dynamics within a region.
The market research report was prepared with Williams & Marshall Strategy’s methodology. It includes a blend of qualitative and quantitative data that comes from official sources. All research is then validated by insights gathered from semi-structured interviews with market experts. They are representatives of the main market participants – producers, distributors, wholesalers, and retailers.
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