Research Proves UAE Love for Pizza Reached $1.74 Billion in 2022
UAE’s Love for Pizza is proved by the research report. According to Statista, online meal delivery revenues in the UAE reached USD 1.74 billion in 2022, with a forecast of continuous year-over-year growth in the following years.
Without a question, pizza is the cuisine that people enjoy the most. An estimated 350 slices of pizza are consumed every second in the US alone.
Did you realize that the worldwide market for pizza is a whopping $160 billion? According to Business Wire research, the worldwide pizza market is anticipated to reach $233 billion in 2023.
Globally, major chains make up about a third of the sector (and more than half in developed nations like the U.S.), and costs—including labor, rent, and commodities—will probably keep rising.
With numerous fresh studies detailing the nation’s eating habits year after year, the business is also booming in the United Arab Emirates. Pizza is reportedly one of the foods that are delivered the most in the UAE, according to data from numerous delivery companies.
In a recent report titled “United Arab Emirates (UAE) Pizza (Prepared Meals) Market Size, Growth and Forecast Analytics, 2021-2025,” marketresearch.com states that the pizza market in the United Arab Emirates experienced a positive compound annual growth rate (CAGR) of 3.77% from 2015 to 2020.
In 2020, sales were valued at AED 20.76 million, an increase of 3.74% from 2019. Also, according to the study guide, the market performed best in 2019, when it increased by 4.11% over the previous year, and worst in 2016, when it increased by 3.32% over 2015.
The COVID-19 pandemic has created ongoing, significant market uncertainty, making this study handbook an indispensable resource for businesses already operating in or preparing to enter the United Arab Emirates’ pizza (prepared meals) market.
The study handbook’s extensive data offer insight into the market’s operational environment and guarantee that company decision are made correctly based on historical patterns and industry model-based projections.
So, just like the freshly baked pizza itself, demand for pizza delivery in Dubai and overall UAE is expected to be high. Don’t be hesitant to place your next order because we know how much you adore those cheesy slices of heaven. Save a slice or two for us as well!
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