Search DubaiPRNetwork.com

Home >> Food Industry

Jafza F&B Sector Sees Steady Growth in 2017

Jafza F&B Sector Sees Steady Growth in 2017

Monday, June 25, 2018/ Editor -  

Share

Home >> Food Industry

Trade volume increases to 3.5 million MT while value jumps to AED 11.1 billion

Dubai, United Arab Emirates, 25 June 2018:   The food and beverage (F&B) sector based in Jebel Ali Free Zone (Jafza), the UAE’s premier regional business and logistics hub, showed significant growth in 2017 reflecting continuing confidence in the industry in the UAE.

The sector’s volume of trade rose to 3.5 million metric tonnes, valued at AED 11.1 billion which accounted for 17.85 per cent and 15.37 per cent of Dubai’s total F&B volume and value respectively.

Continuous industry growth has been supported by high disposable incomes in the country with major investment in grocery retail over the past few years (BMI Report).

F&B is a major focus of Jafza’s business portfolio with over 570 companies from 75 countries. They regional and global brands such as Unilever, Mars, AGC, and Gulf Food Industries.

Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive, DP World, said: “The growth of the food and beverage sector highlights Jafza’s success in establishing itself as a destination of choice for companies in the MENA region, in line with UAE Vision 2021 as outlined by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. 

“Our range of business friendly services and facilities provides gives companies the ability to leverage the potential Dubai offers the industry by allowing them to focus on their operations and the opportunities the regional market presents.

“Continued F&B growth also underlines our commitment to the government’s goals for economic diversification. By creating a world class business environment, we are encouraging manufacturers to establish themselves here and develop new products and commodities that meet consumer demand.  Given the dynamic nature of the industry, we will continue to assess market conditions and position ourselves to meet customer requirements.”

Of the F&B companies based in Jafza, 37% are from the Middle East; 24 percent from Asia-Pacific; 19 percent from Europe; 10 percent from the Americas and 10 percent from Africa.

The UAE’s F&B sector has seen steady growth over the past two years. According to a BMI report, food sales are expected to grow at an annual average of 6.6% over the next five years.


Previous in Food Industry

Next in Food Industry


Home >> Food Industry Section

Latest Press Release

IYNC and the UAE Discuss the Way Forward for Global Nuclear Energy at IAEA Gener ...

High-octane inaugural Socca Football World Cup kicks off on September 23 in Lisb ...

Eberhard & Co. Scafograf 100 For Elegant Lady

The Mummies of Dubai Give Their Kids a Preppy Style Makeover

75 percent more speed and 58 percent more efficiency in Huawei's upcoming Mate 2 ...

du Wins Smart Cities Award at the Telecoms World Middle East 2018

Turkish Airlines reached the highest monthly Load Factor in August with 85.6% LF ...

O Boticário Opens in Dubai its First Amphora Store outside Brazil Come Join ...

Dubai Parks and Resorts Celebrates Saudi National Day

Gulf Centre for Aviation Studies hosts development course for students

FOREO To Attend TFWA: the World's Largest Travel Retail Show

Etihad Airways Deepens Ties Between Uae and Saudi Arabia to Mark National Day

Ericsson showcased SMME innovation at ITU Telecom World 2018

DigiCert, Gemalto and ISARA Partner to Ensure a Secure Future for the Internet o ...

Ministry of Human Resources and Emiratisation, Huawei and Honor launch ICT Compe ...

School children wish their favourite Unimoni Asia Cup 2018 teams good luck

Huawei MEC Solution Wins "The Best Edge Computing Technology for 5G Evoluti ...

Emirati graduate from CUD invents device to help asthma patients breathe clean a ...

IELTS, the world's most trusted high-stakes English test, launches on computer i ...

The New Generation MG6 Arrives in the Middle East