Food And Beverage Industry Uae
Food and beverage operators in the uae have 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 kpmg s 2018 f b report has found.
Food and beverage industry uae. Here at bidfood me we are a foodservice distributor of food beverage and non food related products in 5 markets with food and beverage companies in the uae saudi arabia bahrain oman and jordan. Despite the sluggish economy the uae food and beverage industry has experienced consistent growth over the past five years and restaurants in the uae are uniquely positioned to capitalize on. We serve customers in a wide range of sectors within the foodservice and catering industries. Uae is the second biggest market in gcc s food and beverage sector with the country s population at over 10 million people in 2018 witnessing a continued influx of more than 17 million visitors in the nation.
After a sharp decline in oil prices produced several years of macroeconomic slowdown the uae is projected to continue to have modest economic growth in 2018 but recover to 3 growth next year. Register today to explore food and beverage vacancies in dubai in top companies with instant job alerts easy apply. The united arab emirates continues to lead the food and beverage market in the middle east region assisted by an increasing number of tourists. Uae s food beverage industry outlook 2020.
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. Lootah the managing director of al islami foods one of middle east s biggest halal food producers stated that the uae currently imports 90 per cent of its total food requirements so opportunities are rife for the industry to manufacture or process a significantly higher share of our domestic food needs at a local level this opportunity is not limited to the uae it is the case across. Emirate s uae food beverage f b industry. The uae continues to lead the food beverage market in the middle.
69 billion aed of consumption came from the local manufacturing industry meaning 62 of the domestic food beverage needs derived from the uae s local manufacturing industry. Over the past few years we have been overwhelmed by the interest and response we have received for our work. Find 138 food and beverage jobs in dubai. Imports net of re exports in the food beverage sector was around 43 billion aed in 2017 with a domestic consumption size of 112 billion aed.
With each year s report our endeavor is to listen to the voice of the industry analyze upcoming trends and address some of the challenges faced by owners and operators.