Five Reasons to Invest in Food & Beverage market in Dubai

In a globalized society , countless numbers of people go to other lands. People come in a variety of tastes and cultures. Dubai has a larger proportion of expatriates than residents due to the migration of people from other countries, including China, Russia, both American continents, and the rest of the world.

Why is the F&B market in Dubai the best?

Dubai had to have a variety of facilities, simple business formation procedures, a global market, hospitable locals, and much more.
In 2015, the UAE had one of the largest food and beverage markets in the world, valued at AED 2.4 billion, according to KPMG (that’s one of the Big Four accounting firms).
The second-largest and one of its most significant Emirate in the UAE is Dubai.

According to a KPMG survey conducted inside Dubai,

  • 67 percent of the city’s residents go out to supper on the weekends.
  • While 44% elects to offer a takeaway product.
  • One monthly brunch outing is reported by 66% of the population.

5 Reasons Why you should invest in Food and beverage Industry?

Tourist Attraction

Dubai is full with prospects for startups and established businesses, as well as a vibrant culture. Due to the abundance of SME’s in Dubai, both locals and tourists have more possibilities to explore this magnificent city. In 2018, around 15.93 million foreign overnight visitors came to Dubai; this number has since risen.

2.Strong Infrastructure

Leading industrialists and construction firms have established themselves in Dubai and are erecting cutting-edge structures. There are several reasons why you should invest in Dubai. By 2050, Dubai is expected to rank among the most cutting-edge cities, according to the UAE government.

3 Easy business setup inside the free-trade zone

Some of the authorized zones in Dubai and the UAE do not impose any kind of taxes on your company. There are advantages to setting up your firm in free economic zones.

4.Elite dining establishments and lodging

one of the best spots on earth to spend time. Dubai’s downtown is home to the seven-star Burj Al-Arab hotel. Each of these amazing locations offers a lifelong collection of unforgettable experiences. Dubai offers these expatriates in the area Zaroob, Tom and Serg, Bu Qtair, Din Tai Fung, Ravi restaurant, Calicut Paragon, and much more.

5 New developments in the Industry

Dubai is the birthplace of several recent laws and regulations. Global exhibitions like Gulf Food Manufacturing serve as a focal point for the food and beverage industry’s display of international goods, services, and innovations. Additionally, the event will serve as a forum for discussion on pressing issues such as rising food prices, sustainable development, maintaining inflation, food engineering, and many.

Check the appetite of the UAE market for the latest food and beverage trends.

The food and beverage industry in the UAE has been growing steadily for some time. Because to the consistent growth throughout the years, fresh and packaged food sales reached USD 13.5 billion in 2018. Since then, this increase has accelerated due to the government’s food policy, a wealthy and diversified people, and a demanding desire for novel foods.

Today, the UAE’s food business alone generates USD 37.9 billion in revenue. Elaborate tasting menus, sustainable produce, and free-from meals are becoming more popular as the UAE solidifies its position as a worldwide culinary hub.

There is a vast amount of potential opportunity for ambitious businesspeople. So, if you’re ready to dive in, stay reading to learn how to make the most of this enormous and expanding market.

A look at the food and beverage industry in the UAE

In recent years, the UAE has made significant progress toward economic diversification. Because of this, the food and beverage sector in the nation is one of its most rapidly expanding ones, and it currently ranks sixth in the MENA region in terms of overall consumer spending.

Due to increasing disposable incomes, an increase in tourists, and a growing, diversified population, the UAE market lead the way in the Middle East closer to home. The UAE food and beverage industry expects per capita spending to reach USD 3,900 by 2025. Several trends are fueling increased revenues in this huge and expanding business.

Top chefs from all over the world are flocking to the Emirates as a new culinary hub to create new restaurants and attract customers with innovative and eye-catching meals. Tourists are actively advertised these high-end fine dining experiences, and with the number of visitors to the UAE set to top 30 million annually for the foreseeable future, demand is never been stronger.

The non-alcoholic segment of the beverage market is also expanding significantly. Revenues are anticipated to reach USD 1.6 billion in 2023 and experience yearly increase of roughly 3% through 2027, mostly due to a switch from traditional sweetened beverages to healthier alternatives.

This is only one reason for the rising demand for products that are healthful, environmentally friendly, and free of artificial ingredients that to be major growth in coming years.

A significant market for international food imports, exports, and re-exports continues to be the UAE.

The commerce in food and beverages in the first three quarters of 2021 totaled more than USD 20 billion. Around USD 12.8 billion of this total was made up of imports, next to exports (USD 4.1 billion) and re-exports (USD 3.3 billion). As the UAE moves to diversify its import sources and boost its emphasis on locally grown goods as part of its National Food Strategy 2051, we can anticipate an increase in these statistics. By enhancing local output, expanding international relationships, and utilizing resilient agricultural methods, the program seeks to elevate the UAE to the top rank in the Global Food Security Index by 2051.

Opportunities in the food and beverage industry in the UAE

Anyone with the means to produce or put together food and beverages ready for sale has a great potential with a greater focus on local agriculture. This could entail starting from beginning in farming or manufacturing, packing products for local retail sales, selling at wholesale to restaurants, or getting food ready for export.

For individuals wishing to procure and re-export foodstuffs and drinks around the world, the National Food Strategy’s goal to diversify imports and establish new international trading connections is encouraging.

The market for upscale restaurants also has substantial development potential. With 12 restaurants with Michelin stars and 18 listed in the Top 50 restaurants in MENA, the fine dining sector in the UAE is thriving. Those who have access to them will have no trouble finding clients as the market for more upscale and exclusive foods and drinks expands along with it.

However, eco-friendly goods and procedures may currently present the highest market opportunity in the food and beverage sector in the UAE.

As part of their commitment to “sustainable food production via the use of modern technologies,” the UAE’s leaders have made large investments in this sector and will keep doing so.

This emphasis on innovation and environmental sustainability is probably going to open up more prospects for vertical and hydroponic farming, as well as for the growth of drought-, heat-, and salt-tolerant crops.

Growth in this industry will also be fueled by rising customer demand for environmentally friendly solutions. Revenues from greener options like organic produce reached USD 34 m in 2020, and by 2025, this industry is predicted to increase at a compound annual growth rate of 9%.

Beyond food and drink, the need for greater sustainability also includes how they are packaged and enjoyed. By 2024, the UAE intends to outlaw single-use plastic bags, and by 2026, plastic cups, plates, and silverware.

This action is a symptom of changing views toward waste and offers a substantial potential for companies that can find or produce environmentally friendly substitutes. The possibility includes environmentally appropriate storage and delivery containers made of wood, cardboard, or bamboo as well as sustainable food packaging.

Starting a food and beverage company in the UAE

The MENA region’s gastronomic and sustainability evolution is strongly centered in the UAE. Therefore, enterprises in this region are best positioned to anticipate market developments and take advantage of the numerous opportunities presented by the nation’s burgeoning food and beverage sector.

Our knowledgeable team at RAKEZ can assist you if you want to learn more about opening a F&B business in the UAE. From selecting and applying for your company’s license to receiving the permits and approvals necessary to trade, we’ll walk you through every step of the process. This includes knowing the advantages of investing in Ras Al Khaimah.

The Middle East’s top food and beverage trends for 2023.

You are not alone if the epidemic caused changes in your eating habits. According to a 2021 research by the American Society for Nutrition, as the pandemic spread, people’s eating habits, shopping habits, and attitudes around food changed.

Even though the epidemic is long behind us, a few of the alterations are still having an impact on how consumers like to engage with food.

These international culinary trends are undoubtedly expected to have an impact on the eating scene in the Middle East in 2023 since food is regarded as a unifying factor and a universal experience that unites people from all walks of life.

In the Middle East, there are reportedly 300,000 restaurants and food service businesses, 13,000 of which are located in Dubai.

I got into contact with Alina Abramovich, Director of Marketing at the Kempinski Mall of the Emirates, who offered perceptive perspectives on how businesses are coping with and succeeding among these developments.

In the heart of Dubai, there is a luxurious hotel called Kempinski Mall of the Emirates. In addition to providing guests with immediate access to one of Dubai’s premier retail centers, the hotel also features four different gastronomic ideas.

More demand for plant-based menu

Even before the epidemic, the acceptance of plant-based diets was rising, and it continues to do so now.

One of the main reasons individuals switch to a vegan diet is animal welfare, environmental activism, and general health benefits.

Many of the Middle East’s best restaurateurs predicted that plant-based foods will become more popular when Fast Company polled them about the upcoming food trends for mid-2022 and beyond. One of the highlighted those surveyed, Jad Aboujaoude, managing partner for Salmon Guru and Elements Hospitality, attributed the rise in popularity of plant-based eating to guests’ increased health consciousness.

According to sustainability organization LIVEKINDLY, Triton Market Research anticipates at least 12 new vegan eateries to launch in the Middle East, making it the region’s new hotspot for vegan cuisine. Overall the vegan meat market in the Middle East is projected to have a compound annual growth rate (CAGR) of 9.84 percent between 2019 and 2027.

Abramovich said that the Kempinski Mall of the Emirates’ Middle Eastern-inspired restaurant serves plant-based versions of foods that have been part of the Levantine cuisine for countless years.Salero, a Spanish restaurant, has been serving a variety of plant-based dishes using substitutes like mushrooms, potatoes, eggs, and beans.

Sustainable consumption and dining

The need for sustainability is increasing across all industries as people become more aware of how our own manufacturing and consumption habits impact the environment and the amount of resources we have available.

Customers in the Middle East are becoming more conscientious and asking for healthier food options.

F&B and catering publications In 2022, Caterer Middle East surveyed 7,000 food consumers and discovered the following:

Customers are prepared to pay more for takeout from restaurants that have obvious sustainability initiatives, according to 43% of respondents. Another 47% of respondents indicated they might even think about altering what they eat from the menu to be more environmentally friendly.

Transparency and communication are also essential. There are many methods to practice sustainability, so businesses need to be outspoken about it and be transparent about it with their clients and customers.

According to the poll, 56% of participants would prefer restaurants to disclose more information about their efforts to increase the sustainability of delivery and takeout.

Additionally, 56% say that restaurants could be more open about their sustainability initiatives, and 66% think that doing so would help businesses reduce food waste.

Nearly 80% of the hotel’s waste is recycled under the Kempinski Mall of the Emirates’ “binless” system. According to Abramovich, the hotel has put in place a system to lower food production and turn food waste into manure.

Top 10 Romantic Restaurants In Dubai: Must Visit

Plan a special supper for you and your partner at one of these fine dining establishments in Dubai if you are visiting the city for your honeymoon or as a couple. The locations are eye-catching and made for you to have a fantastic time because they were constructed with the romantic theme in mind.

Here are a handful of Dubai’s best restaurants for couples:

  1. Dinner in the Sky: Take A Look From The Top While Dinning.romantic dinner in Dubai

    Have you ever daydreamed of having a romantic dinner with your significant other while taking in the surroundings from atop a building? Yes, you’ve got it exactly right. Don’t pass up the opportunity to eat at Dinner in the Sky at least once when you’re planning your upcoming trip to Dubai. Dinner in the Sky is not for the timid if you’re searching for one of the world’s most unique dining experiences.

    If a person has the opportunity to strap in and chase the sky, it is apparent that this will be their first experience of a lifetime. The guests will be treated to a fantastic supper and amazing services up there.

  2. Private Terrace Floor 42: For A Romantic Datebest romantic dinner in Dubai

    The Night by the Terrace at Private Terrace Floor 42 in Dubai may be the ideal location for your ideal date if you want to make your romantic outing a memorable one. When you go to this lovely restaurant in Dubai for your romantic supper, you’ll enjoy a seductive atmosphere that combines a five-course meal by candlelight and is ornamented with fine flowers. Background music with calming tones is played to make the date special. Tourists must enjoy the glittering view of the Burj Khalifa thanks to the beautifully lighted surroundings and the clear sky.

  3.  Fils: Savor The Best Dinner DateBest Place To Eat

    At the moment Out Dubai Restaurant Awards, this Dubai restaurant has won numerous times. The restaurant has a lovely, cozy atmosphere, and the menu is packed with delectable seafood options. The meal is very delicious and incredibly authentic, and the staff is polite and welcoming. Booking a table is advised. Given the quality of the food served here, it is safe to say that this establishment is the best Asian cuisine in Dubai. Additionally, it is a popular choice in Dubai for a romantic supper.

  4.  Falcon Oasis Floating Restaurant :candlelight dinner in dubai

    At the top of the raging waves of waterbeds, Falcon Oasis, a floating restaurant renowned for its enticing beauty, will be serving up scrumptious treats to its patrons.Once you are entirely at ease and assimilated into the atmosphere of the cruise, you will be able to take advantage of Dubai’s dazzling nightlife, which will provide an unforgettable experience.

  5.  Shades: Get A Spectacular ViewRestaurant Table

    Enjoy yourself when the sun sets over the Marina at Shades. The restaurant has a view of the infinity pool, so you can enjoy a chic evening while admiring Dubai’s magnificent night sky. Enjoy scrumptious treats and cuisines that are influenced by many cuisines while soaking up the amazing environment. There is also live entertainment available everywhere, which is fun! One of the most romantic dinners in Dubai is this one.

  6. Mint Leaf Of London: An Affordable ChoiceMint Leaf of London, Dubai

    Mint Leaf of London, which is well-known for being one of the greatest and most reasonably priced romance restaurants for a dinner date in Dubai, is one location where gastronomic experience is presented in the form of an art. The culinary artists of Mint Leaf are top chefs who specialize in classic North Indian dishes. One of the most romantic activities to do in Dubai is to take your special someone on a dinner date to Mint Leaf of London.

  7. Iris: A DelightIris Restaurant in Dubai

    Iris is one of Dubai’s most romantic restaurants because it provides an unforgettable rooftop experience.One may savor the best international cuisine and experience the sensation of a tropical forest in the high-rising skyscraper while taking advantage of its fantastic location on the 27th floor of The Oberoi hotel. In Dubai, Iris offers romantic dinners that are delicious and reasonably priced.

  8.  Beach Bar and Grill: Chilled Out SettingBeach Bar and Grill, Dubai

    The most beautiful restaurants in Dubai include Beach Bar and Grill because of its golden sands, lush green plants, and cool wind.The dress code is taken quite seriously here, so make sure you wear casual clothing in the evening and refrain from donning sleeveless t-shirts, shorts, and flip-flops. The best seafood is available at this restaurant, which also boasts a prime beachside setting with breathtaking views of the Palm Island.

  9. Level 43 Sky Lounge: An Exotic PlaceLevel 43 Sky Lounge, Dubai

    Level 43 Sky Lounge is an outdoor fine dining lounge that can accommodate all of your romantic whims and fancies. It is regarded as one of the most exotic rooftop romance restaurants in Dubai. On the 43rd level of the Sheraton hotel, this terrace restaurant redefines beauty and elegance while providing breathtaking 360-degree views of the Dubai skyline.

  10. Eauzone: With A Mesmerizing Viewrestaurants in Dubai for anniversary

    Eauzone is not just one of the top attractions in Dubai, but it’s also the ideal destination for honeymooning couples to go to get away and spend a little time together. Watch the sunset from this exotic beachside restaurant and be mesmerized. The atmosphere is exquisite! This is undoubtedly one of Dubai’s most stunning restaurants.

     

Viral TikTok ‘smash burger taco’ wows the internet in Dubai

On Instagram, the Mexican-inspired street food vendor posted a photo of its most recent dish.

TikTok is the best place to be for everything viral, including life tips, dance challenges, and funny pranks.

The recipe for the smash burger taco recently circulated on the platform and impressed many people.

It is simple to make, but if you don’t like to cook, you can have your TikTok smashed burger taco at Burro Blanco in Dubai. On Instagram, the Mexican-inspired food truck vendor posted a photo of its most recent dish.

The taco features a green sauce and topping patties. Juicy beef patties are used in its preparation. The chef reportedly added zesty pickles, freshly chopped lettuce, melted cheddar cheese, and a secret sauce as toppings, according to the curlytales.

The balanced platter costs 20 dirhams. According to the report, the dish is served in Burro Blanco restaurants in Abu Dhabi and Dubai.

The smash burger taco is only available for a little time, Burro Blanco stated in its post. It must be noted that the food is only offered for orders that are eaten in.

The street food vendor commented on a photo of the mouthwatering taco, “The gram forced us do it. After weeks of experimentation, we believe we have it. Visit us to sample our Smash Burger Taco and provide feedback.

Customers must request “our Queso on the side (free) and get dipping,” the restaurant stated.

Oman begins taking part in the first Saudi Food Show.

The Saudi Food Show is a part of “Gulfood,” one of the biggest yearly meetings for the food and hospitality industries in the world.

The Public Establishment for Industrial Estates “Madayn” has started representing the Sultanate of Oman at the inaugural Saudi Food Show at the Riyadh International Convention and Exhibition Center in Saudi Arabia. By displaying their products, solutions, and services to influential consumers and other interested parties from around the world, Omani food and beverage companies hope to develop new business opportunities and establish crucial connections. The Saudi Food Show is a part of “Gulfood,” one of the biggest yearly events in the food and hospitality industries in the world.

Hamood Al Balushi, Madayn’s Assistant Director General, claims that the business is committed to selling Omani products and researching untapped markets for them. “We have seen genuine interest from Omani businesses and manufacturing facilities that specialise in the food, beverage, and packing sectors to take part in this regional event,” claims Al Balushi. “They want to showcase the outstanding craftsmanship of their goods to those in the industry attending the exhibition.”

Al Balushi stated that the Saudi Food Show provides Madayn with a chance to showcase its wide array of incentives to draw investors to its varied industrial cities, thereby attracting and localizing new investments and supporting the national economy, in line with Oman Vision 2040’s goals.

Several government agencies, such as Madayn, the Oman Chamber of Commerce and Industry, and the SMEs Development Authority, as well as businesses, such as Areej Vegetable Oils and derivatives, Oman Foodstuff Factory, Salalah, Yemen Mills, Majan Glass, Pragati Glass Gulf, and multiple small and medium enterprises, are represented in the Sultanate of Oman’s pavilion at the Saudi Food Show.

Notably, the Honorable Bandar bin Ibrahim Al Khorayef, Saudi Arabia’s Minister of Industry and Mineral Resources, served as the event’s patron during its inauguration. To support Saudi Vision 2030, which aspires to create a vibrant centre for the food and beverage industry in Saudi Arabia given its considerable social and economic benefits, the event draws together thousands of well-known global businesses from nations all over the world.

Saudi Arabia’s ready meals sector is being driven by shifting consumer demand

The research and management consultancy examined the condition of the Kingdom’s quick meals business in a recent report and found that a number of variables are coming together to fuel consumer demand for “ready-to-eat” food products.

The market for ready meals in Saudi Arabia had total sales of just over SAR 250 billion ten years ago. By the time the pandemic started, the market had grown year over year to a value of SAR 310 billion. The total sales will have surpassed SAR 330 by the end of the next year.

KSA Total Ready Meals Sales - SAR

One of the key factors driving demand is convenience, since busy lifestyles amongst corporate and working-class people and an increase in the number of working women leave people with less time to cook meals after work hours. Meals that have been prepared in advance and are ready to eat can be made more quickly and conveniently.

According to Glasgow Consulting Group’s analysis, another growth driver is the increasing maturity of supply side dynamics, which is backed by a maturing infrastructure and distribution network in supermarkets, shopping malls, and other establishments that stock ready meals.

Producers of prepackaged meals are contributing to encouraging uptake in the meantime. The researchers claim that ready-meal packaging has improved over time, becoming more convenient (like bulk packing) and appealing to customers. Producers are also more engaged in the segment overall when it comes to marketing and promotions.

KSA Total Ready Meals Sales

One fifth of revenue is produced outside of the consumer segment (which is responsible for 80% of ready meal sales). This sector covers corporations and enterprises who serve ready meals to their employees during working hours.

The area also includes prepared meals distributed by the government during major events like the Hajj pilgrimage and chilled lunch kits at schools, one of the industries with the quickest growth rates, according to the research. The business segment is anticipated to increase from less than SAR 60 billion five years ago to SAR 66 billion by 2023.

Two specialized markets are becoming more well-known across the two quick meal markets. In contrast to ready meals’ long-standing reputation for being unhealthy, health-conscious recipes are currently popular, and often include natural and health-improving components.

Another area that is making improvement is sustainability. Food makers are making better products—free of artificial additives and preservatives—and greening their packaging, which is satiating the appetites of more and more environmentally and health-conscious consumers.

KSA Retail Frozen Ready Meals Sales

Frozen foods

Both frozen and chilled foods are generally anticipated to develop at comparable rates within the ready meals sector. Produce that has been purchased and promptly stored in a freezer (-18°C or lower) is referred to as frozen food. Meat, fish, poultry, pasta, veggies, and fruits are a few examples of foods that are frequently frozen.

Instead of being frozen, chilled food items are kept fresh and safe in the refrigerator (not the freezer) (often at a temperature of between 0 and 5 degrees). Despite the fact that microbes cannot thrive at temperatures below -9.5 °C, frozen products do not need preservatives, but chilled food must.

The frozen food segment, now valued at SAR 21.6 billion (with usage at about 500 tonnes), is anticipated to reach SAR 22.2 billion by 2023. Growing food diversity in the supply, increased accessibility throughout the food retail network, and producer-push initiatives all support rising demand.

Best Vegetarian Food in Dubai

Whether it be domestic travel or international travel, traveling has always been on our to-do list. We enjoy sharing travel memories with our family and other close friends. You can develop a unique perspective on life and obtain priceless knowledge by exploring. With its architectural marvel, diverse culture, and jaw-dropping displays, Dubai continues to be one of the most breathtaking tourist destinations ever. Without delectable food, what is travel? Contrary to common assumption, Dubai actually boasts a good amount of vegetarian cooking, despite being known for its Arabian cuisine. Around every corner of every street in Dubai, vegetarian cuisine of the highest caliber can be found.

Finding the greatest vegetarian food in Dubai isn’t as difficult as it might seem as over 40% of the population is Indian. Although it is advised to book hotels or lodgings close to dining options and other facilities, Dubai boasts a wide variety of vegetarian cuisines to choose from. This post contains the majority of the top 10 vegetarian foods in Dubai that will tantalize your taste buds, from Al Rawabi Milk to Pizza.

1. Bagels at Tim Hortons

Bagels at Tim Hortons - Vegetarian Food Items of Dubai

Poland may have been the birthplace of bagels. However, Tim Horton’s Dubai bagels in particular are simply impossible to resist. The largest selection of bagels can be found at the Tim Hortons at the Dubai Mall. A few items on the menu worth trying include the bagels with herbs, cream cheese, jalapeno, and pretzel.

2. French Vanilla at Tim Hortons

French Vanilla - Vegetarian Food Items of Dubai

Tim Hortons’ French Vanilla signature hot beverage has a powerful vanilla scent and flavor. French Vanilla’s smooth and creamy finish will compel you to visit this great location.

3. Quesadillas at Dubai Marina

Quesadillas - Vegetarian Food Items of Dubai

In restaurants at Dubai Marina, quesadillas—a Mexican meal frequently made with cheese and vegetables—are available with a wide range of fillings. After taking in the tranquil views of the Dubai Marina, it might be a delectable lifesaver for vegetarians.

4. Nachos at Cheese Cake Factory

Nachos - Vegetarian Food Items of Dubai

If you’re one of those people who thinks nachos are the best dish in the world, you must go to the Cheese Cake Factory. Try the Factory Nachos, which are not only a delicious appetizer but are also filling. They are created with crisp tortilla chips and topped with cheddar cheese, jalapenos, green onions, sour cream, guacamole, and salsa.

5. Cheese Cake at Cheese Cake Factory

Cheese Cake - Vegetarian Food Items of Dubai

There are 250 daily homemade menu options at Cheesecake Factory. The cheesecake of your choice will not let you down if you order it. Despite the restaurant’s constant crowding, the staff provides speedy service without sacrificing quality. If you go to Dubai Mall and skip the Cheese Cake Factory, it is a loss for sure!

6. Pasta at Little Italy

Pasta at Little Italy - Vegetarian Food Items of Dubai

Little Italy, a restaurant in Al Karama, Dubai, excels at serving vegetarian food. Pasta from Little Italy, especially pasta topped with pink sauce, is delicious when prepared and presented to perfection. The setting is cozy and conducive to enjoying a delicious lunch from paradise.

7. South Indian at Saravana Bhavan

South Indian - Vegetarian Food Items of Dubai

If you are from India, nothing can pamper you as well as South Indian cuisine. The atmosphere at Saravana Bhavan is cozy, and they provide any South Indian food you can think of. Each and every South Indian may find something they like here, from thali to idly, dosa, medhu vada, and filter coffee.

Business Opportunities for Investors in the Food & Beverage Industry in UAE

The different business opportunities that the food and beverage industry hold for business owners and investors are stated below:

1.Food Manufacturing Business

The choice is theirs to make as to whether to launch a food production company in Dubai. Investors and owners of businesses are eager to do so. In this instance, the proprietor must possess a manufacturing license in order to obtain authorization to conduct commercial operations. The Department of Economic Development (DED) Dubai will give the permit following a thorough examination of the necessities supplied. Additionally, authorization from the Dubai Municipality and other governmental agencies must be obtained.

2.Restaurant Business

As previously mentioned, Dubai is the top destination for the international community, and the city is home to a variety of restaurants. Once they have a restaurant license from the Department of Economic Development (DED), business investors and entrepreneurs have an easy option when starting a restaurant business. There are several factors to take into account while opening a restaurant, such as location and business strategy.

3.Cafeteria Business

The next choice available to a business investor is to open a cafeteria. By 2019, there will be more than 19,000 cafeteria shops on the market, according to research by Euromonitor International. Similar to the restaurant industry, cafeteria ownership in Dubai requires both a trade license from the Ministry of Tourism and Commerce Marketing as well as a cafeteria license from the Food and Safety Department.

4.Food Truck Business

If you enjoy eating street cuisine and want to open a business serving it in Dubai, you might choose to operate a food truck. The Department of Economic Development (DED), the municipality of Dubai, the Road and Transport Authority (RTA), and the Dubai Electricity and Water Authority (DEWA) all need to approve the setup process.Once the license has been received, the business operations can proceed as planned.

The UAE provides a significant platform for the food and beverage sector and enables business owners to succeed in their operations in this sector. Engaging with the incorporating process at the beginning could prove to be risky. Business owners, investors, and entrepreneurs often turn to business consultants for assistance in overcoming these obstacles because they are knowledgeable about the company formation procedure and can provide you the right advice. At Commitbiz, we take the initiative to comprehend the needs of our clients’ businesses and to meet those objectives. As you focus on the planning phase of your organization, our business professionals can take care of the incorporation process.

Food and Beverage Industry in UAE

Food serves to be one of the necessities of human life, without which life on earth turns out to be impossible. Every country on this planet has got its style of preparing their food, which turns out to be unique from another region. Numerous business activities like restaurants, café and hotels are carried out keeping the food as an ultimate base. It is a well-known fact that the UAE turns out to be one of the famous international tourist hubs. Along with the growing population, the demand for food and beverage has reached to a paradigm shift.

The United Arab Emirates, one of the famous countries in the Middle Eastern region, leaves no stone unturned when it comes to business incorporation. Similar to the IT, Manufacturing and other business industries, it has got an equal opportunity for business investors to come forward and invest in the Food and Beverage industry. This guide will give you an in-depth understanding of the F&B sector, and the business opportunities it holds so that you can start a business in Dubai.

Food and Beverage Industry in the UAE

Ranked as the largest producer of oil and gas industry, the UAE is extending its arms to boosts the non-oil sector to fetch-in new ways for revenue generation. The Food and Beverage industry is considered to be the second largest industry at an international level. When it comes to the UAE, in the last five years, the sector has uplifted by 22%, holding a value of $13.2billion by 2018. The possibilities are not limited to the geographical boundary. For better clarity, let’s have a look at the domestic and international food market of UAE.

The Domestic Market

The UAE Food and Beverage domestic market are expected to hold a value of 131 Billion and 14 Billion, which means an increase of almost 62% compared to the present value. The Government of Dubai has considered the Food and Beverage as one of the targeted sectors in the Dubai Industrial Strategy 2030.

The International Market

In the other hand, it has got a massive audience in the international market. It stands as the 13th biggest agricultural exporter dealing in agricultural food and beverage products. The market is expected to grow more in the next three years. The possibility of expansion of the UAE F&B Market is stated below:

Destination Priority Percentage
Riyadh 52%
Jeddah 26%
Doha 22%
Khobar 13%
Manama City 9%
Kuwait City 9%

Moving forward to the next step, let’s have a look at the core drivers of the food and beverage industry in the UAE.

Drivers of the Food and Beverage Industry in the UAE

The below-mentioned points stand as the core drivers that has thrived the food and beverage industry to the next extent.

1.High Population with Higher Disposable Income

The UAE currently holds a population count of 9.6 million with a high disposable income per capita. A region containing such an enormous population will increase the demand for the food and beverage industry.

2.Continuous Growing Demand for Food Services

Be it a mall, street food or even small or big hotels; there exists a constant demand for the food services at every second in every corner of the region. According to Euromonitor International, the CAGR of fresh food increased over 8.3% within a period of three years ranging from 2018-2021.

3.Gulfood 2019

Gulfood stands as an international food and beverage trade show every year in the UAE, that attracts millions of visitors and provides them with the opportunity to experience the unforgettable food experience. In 2019, the food fest will begin by 29th October 2019 and will come to an end by 31st October 2019. In the year 2017, the fest welcomed more than 97,000 visitors, and more than 5000 exhibitors to showcase their products, featuring the food specialties of more than 120 countries.

4.Expo 2020s

Much awaited Expo 2020 is on the edge of getting hosted in Dubai, a perfect ground for business partnerships. The expo is targeted to attract more than 25 million over a period of six months. The presence of such a vast population will increase the demand for food and beverage to a different level.

The continuous events that take place in Dubai never leave the city half-hearted. The region always holds ground for endless activities, which branches out multiple opportunities for entrepreneurs and business investors who want to set up their business in the UAE, in the food and beverage sector. To know more regarding the reasons to invest in the UAE F&B sector, click here. Let’s take a step forward and understand the different opportunities that the region holds for business owners.