The food and beverage sector is growing in the UAE. More and more companies are starting to invest in this promising industry. In 2020, the number of companies in this sector increased by 4%, indicating stable growth. More than 19% of new licenses issued in the past year relate specifically to the production of food products and beverages.
Experts claim that consumer demand for these products is increasing significantly. The pandemic has also shown its influence: people have started to prefer purchasing food products and beverages in retail stores rather than in restaurants or cafes. This has prompted companies to undertake additional investments in improving production capabilities and expanding production lines.
It is important to note that the UAE strives to diversify its economy and increase the share of non-oil sectors, such as food products and beverages production. Additionally, the country is actively developing infrastructure to support the growth of this sector, which helps attract new investments.
One example of successful development in this industry is XYZ company, which has increased its production volume by 30% over the last few years and plans to launch several new product lines in the near future. A company representative stated: "We see great growth potential in the food products market in the UAE and aim to further expand our presence."
