UAE Food Market
In an era defined by a hunger for exploration and a quest for fulfilment, the United Arab Emirates (UAE) has emerged as an exceptional culinary destination, firmly establishing its position within the global Food & Beverage (F&B) industry and witnessing exponential growth.
With a population of around 10.4 million, the UAE is incredibly diverse and highly globalised, with people from over 200 nationalities especially concentrated in Dubai and Abu Dhabi. Catering to this diverse population, the foodservice market is estimated to reach an impressive $19.98 billion by 2024 and is projected to reach $43.98 billion by 2029, reflecting a Compound Annual Growth Rate (CAGR) of 17.09%.
The country currently imports around 80% of its food, creating significant opportunities for food and beverage businesses to explore new opportunities.
