United Arab Emirates (UAE) Crustaceans Market | Companies, Trends, Size, Growth, Share, Revenue, Industry, Value, Forecast, Analysis, COVID-19 IMPACT & Outlook

United Arab Emirates (UAE) Crustaceans Market Synopsis

The United Arab Emirates (UAE) crustaceans market is a vital segment of the country`s seafood industry, driven by the UAE strong demand for high-quality seafood products, cultural culinary preferences, and its position as a major trade and tourism hub. Crustaceans, including shrimp, crab, lobster, and other shellfish, are highly sought-after delicacies in the UAE cuisine and are widely consumed by both residents and visitors. The market is supported by factors such as the UAE vibrant food retail sector, the popularity of seafood in the country`s gastronomy, and the presence of a diverse expatriate population with varied culinary tastes. The UAE efficient logistics and supply chain infrastructure facilitate the import and distribution of crustaceans from global suppliers to meet the demand of consumers and the hospitality industry.

Key Drivers of the Market

One of the key drivers of the UAE crustaceans market is the country`s strong preference for seafood, especially among its coastal communities. Seafood, including crustaceans, is an integral part of traditional Emirati cuisine and is also popular among the country`s diverse expatriate population. The UAE high-income levels and cosmopolitan lifestyle contribute to the demand for premium seafood products. Moreover, the UAE role as a major tourism destination attracts visitors from around the world who seek to experience the country`s culinary offerings, including fresh and exotic crustaceans.

Key Challenges of the Market

Despite the positive growth prospects, the UAE crustaceans market faces certain challenges. One of the main challenges is ensuring the sustainability and responsible sourcing of crustaceans to address concerns about overfishing and environmental impact. The UAE government has been taking measures to promote sustainable fishing practices and ensure that seafood imports meet established standards. Another challenge is the dependency on imports to meet the demand for crustaceans, making the market vulnerable to fluctuations in international seafood prices and supply chain disruptions. Ensuring the quality and freshness of imported crustaceans is critical for maintaining consumer satisfaction.

Covid-19 Impact on the Market

The COVID-19 pandemic had a significant impact on the UAE crustaceans market. During the initial stages of the pandemic, the closure of restaurants and hotels and restrictions on social gatherings led to a decline in demand from the foodservice sector. However, as the UAE gradually eased restrictions, there was a revival in consumer demand for seafood, including crustaceans. The pandemic also disrupted global seafood supply chains, affecting the availability and cost of crustaceans imports. Despite the challenges, the UAE government implemented measures to ensure food security and safety during the pandemic.

Key Players of the Market

Key players in the market include companies such as Jebel Ali Free Zone-based International Fish Farming Holding Co. (Asmak), Al Wefaq Food Manufacturing Co., and Emirates AquaTech, among others. These companies are major suppliers of crustaceans, including shrimp and fish products, in the UAE.

Key Highlights of the Report:

• United Arab Emirates (UAE) Crustaceans Market Outlook
• Market Size of United Arab Emirates (UAE) Crustaceans Market, 2023
• Forecast of United Arab Emirates (UAE) Crustaceans Market, 2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Revenues & Volume for the Period 2020-2030
• United Arab Emirates (UAE) Crustaceans Market Trend Evolution
• United Arab Emirates (UAE) Crustaceans Market Drivers and Challenges
• United Arab Emirates (UAE) Crustaceans Price Trends
• United Arab Emirates (UAE) Crustaceans Porter's Five Forces
• United Arab Emirates (UAE) Crustaceans Industry Life Cycle
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Product Type for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Crab for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Prawn for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Lobsters for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Product Categories for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Dried Crustacean for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Salted Crustacean for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Frozen Crustacean for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Marketing Channels for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Store-Based for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Non-Store Based for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By End-use for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Residential for the Period 2020-2030
• Historical Data and Forecast of United Arab Emirates (UAE) Crustaceans Market Revenues & Volume By Restaurants for the Period 2020-2030
• United Arab Emirates (UAE) Crustaceans Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Product Categories
• Market Opportunity Assessment By Marketing Channels
• Market Opportunity Assessment By End-use
• United Arab Emirates (UAE) Crustaceans Top Companies Market Share
• United Arab Emirates (UAE) Crustaceans Competitive Benchmarking By Technical and Operational Parameters
• United Arab Emirates (UAE) Crustaceans Company Profiles
• United Arab Emirates (UAE) Crustaceans Key Strategic Recommendations