UAE Food & Beverage Business Group reveals trends driving food retail and manufacturing sectors in 2023 annual report

• USD 7.63 billion (AED 28 billion) annual revenue of over 2000 F&B manufacturing companies in the UAE
• F&B represents 25% of UAE’s manufacturing GDP
• Snacking and bakery leading growth, surpassing overall sector expansion
• F&B manufacturingis steadily growing and is poised to reach USD 23.2 billion (AED 85.4 billion) by 2025

Dubai, United Arab Emirates; 28 December 2023:

UAE Food & Beverage Business Group (F&B Group) has unveiled its Annual UAE Food Industry Report for 2023, offering a detailed look into the thriving landscape of the food and beverage sector across the country. For the first time, the report brings analysis of consumer preferences, the changingretail landscape and demandin each food segment on the backdrop of ever-evolving inflation rates and price fluctuations in the Middle East and African markets.

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