The Dubai World Chamber, one of the three rooms operating under the umbrella of Dubai Chamber The meeting also highlighted the competitive ingredients that Dubai has as a head axis on the map of trade and drinks in the world.
During an introductory presentation of the Dubai World Chamber during the meeting, statistics based on the statements of the Euromoneum Foundation showed that the value of retail sales for the fresh and canned food sector in the country during the past year amounted to 16.3 billion dollars (60 billion dirhams), while consumer spending in the country was on the purchase of food In general, e-commerce platforms expressed to $ 1.1 billion (about four billion dirhams) in 2024, with expectations that spending on food purchase through e-commerce platforms will record an annual growth rate of 12.2% in the period 2025-2028.
It is also expected that sales of the food services sector in the country will increase from $ 17.2 billion in 2023 to 22.7 billion dollars by 2028, to record an annual growth rate of 5.7 %.
The introductory offer revealed that the Food and Beverage Sector in Dubai has attracted new foreign investments worth 370.3 million dollars from 2020 until 2024, according to FDI Intelligence data.
The introductory offer indicated that the UAE acquired the largest share of the risk capital investments in the Restaurant Technology Sector, “Restorest Tech”, at the level of the Middle East region during the period from 2020 to 2024, where the state recorded investments worth 932.1 million dollars in this sector during the mentioned period .
The state ranked second among the countries of the Middle East in terms of the value of the risk capital investments in the agricultural technology sector during the period
The same, as it attracted investments in this sector with a value of $ 386.1 million.
“The Food and Beverage Sector in Dubai is a continuous growth, and this comes in light of the increasing population and the prosperity of the tourism and hospitality sector, in addition to the government focus on creating qualitative solutions that accompany the high continuous demand for food products, The advanced infrastructure and logistical structure and the advanced business environment also constitute vital factors, establishing Dubai’s position as a world -headed world axis.
He added: “(Glevoud) is the largest event specialized in the food and beverage sector in the world, and Dubai contributes by organizing this vital exhibition in supporting the growth and development of the sector, building more promising partnerships, and the DP World Chamber is keen to provide integrated support to stimulate the expansion of food companies Local in international markets, and the definition of Dubai competitive ingredients and its abundant opportunities for foreign direct investments in all categories of the food and beverage sector.
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