Food And Beverage Industry Uae 2019
Building on the three previous editions the 2018 uae food and beverage f b report food for thought reflects the views of 25 industry stakeholders operating throughout the emirates representing more than 120 brands and approximately 1 700 outlets.
Food and beverage industry uae 2019. Conversations with f b stakeholders explored current developments in the market and future perspectives. According to a recent mastercard study1 dubai is ranked fourth in terms of international overnight visitors. The analysis based on recent data from euromonitor international projected fresh food sales in the uae to record a compound annual growth rate cagr of 8 3 per cent over the 2018 2021 period. For more information on amtc foodservice equipment visit the website here.
The future food forum 2019 hosted by the uae food and beverage manufacturers association aims to connect and develop food and beverage manufacturing industry and leaders and empower industry growth. Host to many world class events and gatherings dubai hosts the annual gulfood now the world s largest annual food beverage trade exhibition this year from february 17 21 2019 at the dubai world trade centre. Uae s f b industry believes worst is behind it dubai has second highest number of restaurants as percentage of population says kpmg published. According to euromonitor international uae consumers spending on food and drinks is likely to grow to aed112 19 billion in 2019 and aed117 6 billion in 2020.
The uae continues to lead the food beverage market in the middle east region aided by an increasing number of tourists. This inaugural year s theme transforming our world of food and beverage manufacturing is more than a tagline. Posted on february 26 2019 in marketing the food and beverage f b sector in the uae has responded to headwinds facing the industry by enhancing operations and rationalizing costs to maintain margins closely reviewing and adjusting portfolios and opting to exit loss making outlets and struggling brands according to kpmg s 2018 f b report. February 26 2019 16 26 staff report.