Butter and margarine current value sales grew by 4% to reach AED264 million in 2017 - a slightly lower rate of growth than the review period CAGR of 5%. While innovation continues to fuel demand, growth was slightly higher during the review period due to the better economy and higher buying power.
Arla Foods led butter and margarine in 2017, posting a value share of 53%, with the company benefiting from the wide range of products offered in the country.
Butter and margarine is expected to post a value CAGR of 2% at constant 2017 prices over the forecast period, with sales reaching AED287 million in 2022, similar to the review period CAGR. This stable growth can be attributed to a growing population and limited investment in advertising and other promotions.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
Understand the latest market trends and future growth opportunities for the Butter and Margarine industry in United Arab Emirates with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Butter and Margarine industry in United Arab Emirates, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This report originates from Passport, our Butter and Margarine research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Home Page